Common use of Payment and Interest Cutoff Clause in Contracts

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Rate Loans, not later than 11:00 a.m. (Boston time) on the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 4.3 shall be given to the Agent (a) in the case of prepayment of Base Prime Rate Loans, not later than 11:00 a.m. 12:00 noon (Boston time) on the Business Day immediately prior to the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. 12:00 noon (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.34.4, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent Bank (a) in the case of prepayment of Base Prime Rate Loans, not later than 11:00 a.m. 12:00 noon (Boston time) on the date of payment, payment and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. 12:00 noon (Boston time) two three (23) Business Days prior to the proposed date of payment, and, in each case, and shall specify the total principal amount of the Revolving Credit Advances or Term Loan to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances or portions of the Term Loan so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Prime Rate Loans, not later than 11:00 a.m. 2:00 p.m. (Boston time) on the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. 2:00 p.m. (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent Agent, (a) in the case of prepayment of Base Rate Loans, not later than 11:00 a.m. (12:00 noon, Boston time) , on the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. (3:00 p.m, Boston time) two , three (23) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances Loans so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Rate Loans, not later than 11:00 a.m. (Boston time) on the date of payment, payment and (b) in the case of prepayment of or LIBOR Eurodollar Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Prime Rate Loans, not later than 11:00 a.m. 12:00 noon (Boston time) on the Business Day immediately prior to the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. 12:00 noon (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Rate Loans, not later than 11:00 a.m. 12:00 noon (Boston time) on the date of payment, payment and (b) in the case of prepayment of or LIBOR Eurodollar Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. 12:00 noon (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.