Payment on Interest Payment Date. Subject to this Section 8, the accrued interest on each Loan shall be paid on the relevant Interest Payment Date.
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement (Aleris Ohio Management, Inc.), Facility Agreement (Aleris Ohio Management, Inc.)
Payment on Interest Payment Date. Subject to this Section 88 (Interest Rate and Interest Period), the accrued interest on each Loan shall be paid on the relevant Interest Payment Date; provided, however, that if the Borrower repays the principal balance of a Loan in full, all accrued interest and/or default interest on such Loan shall be concurrently paid on such date.
Appears in 3 contracts
Samples: www.sec.gov, Syndicated Facility Agreement (Aleris Corp), Facility Agreement (Aleris Corp)