Obligation to pay interest. The Guarantor agrees to pay interest on any amount under this Guarantee and Indemnity which:
(a) is not paid on the due date for payment; and
(b) is not otherwise incurring interest. The interest accrues daily from (and including) the due date to (but excluding) the date of actual payment and is calculated on actual days elapsed and a year of 365 days. The Guarantor agrees to pay interest under this clause on demand from the Seller.
Obligation to pay interest. To the extent that any Lender shall fail to pay any amount required to be paid pursuant to Section 3.4 and Section 3.5 on the due date therefor, such Lender shall pay interest to the Letter of Credit Issuer (through the Administrative Agent) on such amount from such due date to the date such payment is made at a rate per annum equal to the Federal Funds Rate; provided that if such Lender shall fail to make such payment to the Letter of Credit Issuer within three (3) Business Days of such due date, then, retroactively to the due date, such Lender shall be obligated to pay interest on such amount at the rate set forth in Section 2.8(c).
Obligation to pay interest. (a) The Borrower must pay interest on each Loan made available to it and on any Unpaid Sum on the last day of each Interest Period.
(b) Except where it is provided to the contrary in this Agreement, the rate of interest for each Loan is the percentage rate per annum equal to the aggregate of the applicable Base Rate and Margin.
Obligation to pay interest. Subject to the Conversion Provisions, the Borrower shall be obligated to pay Initial Term Loan Interest on the Principal with respect to the Initial Term Loan, on the Initial Term Loan Maturity Date, and pay Additional Term Loan Interest on the Principal with respect to the Additional Term Loan, on the Additional Term Loan Maturity Date. The Interest continues to accrue on the date hereof and all Interest accrued under the Existing Agreement shall continue hereunder.
Obligation to pay interest. The Borrowers hereby undertake to pay to the Lenders from the day the first Drawdown is made interest on the principal amount of the Loans outstanding from time to time and on any accrued and unpaid interest (both before and after judgement) (provided such interest on accrued and unpaid interest is allowed under applicable law) on the Loans at any time outstanding.
Obligation to pay interest. As long as there is any Guaranteed Money, the Guarantor agrees to pay interest on:
(a) any part of the Guaranteed Money which is due for payment but which is not otherwise incurring interest; and
(b) any amount under this guarantee and indemnity (other than under Clause 2.2(a) (Guarantee)) which is not paid on the due date for payment. The interest accrues daily from (and including) the due date to (but excluding) the date of actual payment and is calculated on actual days elapsed and a year of 360 days. The rate of interest applying to each daily balance is the Default Rate. The Guarantor agrees to pay interest under this clause promptly on demand from any FleetCo.
Obligation to pay interest. (a) The Borrower must pay interest on each Loan made available to it and on any Unpaid Sum on the last day of each Interest Period.
(b) The rate of interest on each Loan for any day during an Interest Period is the percentage rate per annum equal to the aggregate of the applicable Base Rate for that day and Margin.
(c) If any day during an Interest Period for a Loan or Unpaid Sum is not an RFR Banking Day, the rate of interest on that Loan for that day will be the rate applicable to the immediately preceding RFR Banking Day.
(d) The Bank shall promptly upon such total amount of interest being determinable, notify the Borrower of the determination of the total amount of accrued interest that relates to a Loan or Unpaid Sum and is, or is scheduled to become, payable under this Agreement.
Obligation to pay interest. The Borrowers must pay interest on each Interest Payment Date in the amount that is calculated in arrear (nachschüssig) for the period since the immediately preceding Interest Payment Date.
Obligation to pay interest. Subject to the Conversion Provisions, the Borrower shall be obligated to pay Interest on the Principal upon the Maturity Date. The Interest continues to accrue on the date hereof and all Interest accrued under the Existing Agreement shall continue hereunder.
Obligation to pay interest. The Borrower shall be obligated to pay Interest on the Principal upon the Maturity Date. The Interest commences to accrue on the date hereof.
