Common use of Payments Not at End of Interest Period Clause in Contracts

Payments Not at End of Interest Period. If the Borrowers for any reason make any payment of principal with respect to any Eurodollar Loan on any day other than the last day of an Interest Period applicable to such Eurodollar Loan, or fail to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to Section 2.4, the Borrowers shall pay to the Administrative Agent for the respective accounts of the Banks an amount computed pursuant to the following formula: L = (R - T) X P X D --------------- 360 L = amount payable to the Administrative Agent for the accounts of the Banks R = interest rate on such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers shall pay such amount upon presentation by the Administrative Agent of a statement setting forth the amount and the Administrative Agent's calculation thereof pursuant hereto, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Borrowers Borrower for any reason make makes any payment of principal with respect to any Eurodollar Loan on any day other than the last day of an Interest Period applicable to such Eurodollar Loan, Loan or fail fails to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to Section 2.42.2, the Borrowers Borrower shall pay to the Administrative Agent for the respective accounts of the Banks Lenders an amount computed pursuant to the following formula: L = (R - T) X x P X x D --------------- 360 L = amount payable to the Administrative Agent for the accounts pro rata account of the Banks Lenders R = interest rate on the applicable Adjusted Eurodollar Rate for such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Borrower shall pay such amount upon presentation by the Administrative Agent of a statement setting forth the amount and the Administrative Agent's calculation thereof 24 117 pursuant hereto, which statement shall be deemed true and correct absent manifest errorconstitute prima facie evidence of the subject matter thereof.

Payments Not at End of Interest Period. If the Borrowers for any reason make Company makes any payment of principal with respect to any Eurodollar Loan pursuant to SECTION 2.12 on any day other than the last day of an Interest Period applicable to such Eurodollar Loan, or fail fails to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to Section 2.4SECTION 2.2, the Borrowers Company shall pay to the Administrative Agent Agent, for the respective accounts benefit of the Banks Lenders, an amount computed pursuant to the following formula: L = (R - T) X P X D --------------- 360 L = amount payable to the Administrative Agent for the accounts of the Banks Lenders R = interest rate on Adjusted Eurodollar Rate applicable to such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Company shall pay such amount upon presentation by the Administrative Agent of a statement setting forth the amount and the Administrative Agent's calculation thereof pursuant hereto, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Borrowers Companies for any reason make any payment of principal with respect to any Eurodollar LIBOR Loan on any day other than the last day of an Interest Period applicable to such Eurodollar LIBOR Loan, or fail fails to borrow or continue or convert to a Eurodollar LIBOR Loan after giving a Notice of Borrowing or Conversion Pursuant to Section 2.2, or if any LIBOR Loan is accelerated pursuant to Section 2.47.2, the Borrowers Companies shall pay to the Administrative Agent for the respective accounts of the Banks Bank, an amount computed pursuant to the following formula: . L = (R - T) X P X D --------------- 360 L = amount payable to the Administrative Agent for the accounts of the Banks Bank R = interest rate on such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative AgentBank's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent Bank on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Companies shall pay such amount upon presentation by the Administrative Agent Bank of a statement setting forth the amount and the Administrative AgentBank's calculation thereof pursuant hereto, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Borrowers Borrower for any reason make makes any payment of principal with respect to any Eurodollar LIBOR Loan on any day other than the last day of an Interest Period applicable to such Eurodollar LIBOR Loan, or fail fails to borrow or continue or convert to a Eurodollar LIBOR Loan after giving a Notice of Borrowing or Conversion pursuant to Section 2.4, the Borrowers Borrower shall pay to the Administrative Agent for the respective accounts of the Banks an amount computed pursuant to the following formula: L = (R - T) X x P X x D --------------- 360 L = amount payable to the Administrative Agent for the accounts of the Banks R = interest rate on such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Borrower shall pay such amount upon presentation by the Administrative Agent of a statement setting forth the amount and the Administrative Agent's calculation thereof (in reasonable detail) pursuant hereto, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Borrowers for any reason make any payment of principal with respect to any Eurodollar Loan on any day other than the last day of an Interest Period applicable to such Eurodollar Loan, or fail to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion Pursuant to Section 2.2, or if any Eurodollar Loan is accelerated pursuant to Section 2.47.2(b), the Borrowers Borrowers, jointly and severally, shall pay to the Administrative Agent Agent, for the respective ratable accounts of the Banks Lenders, an amount computed pursuant to the the-following formula: . L = (R - T) X x P X x D --------------- ---------------- 360 L = amount payable to the Administrative Agent for the ratable accounts of the Banks Lenders R = interest rate on such Loan T = effective interest rate per annum at which any readily marketable bond or other obligation of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of such Loan and in approximately the same amount as such Loan can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Borrowers, jointly and severally, shall pay such amount upon presentation by the Administrative Agent of a statement setting forth the amount and the Administrative Agent's calculation thereof pursuant hereto, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Borrowers If, for any reason make reason, any payment of principal with respect to any Eurodollar Loan is made on any day other than the last day of an the Interest Period applicable to for such Eurodollar Loan, or fail to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to Section 2.4, the Borrowers Borrower shall pay to the Administrative Agent Agent, for the respective accounts account of the Banks Lenders, an amount computed pursuant to the following following, formula: L = (R - T) X x P X x D --------------- 360 ------------------- 365 L = amount payable to the Administrative Agent for the accounts of the Banks Lenders R = interest rate on such Eurodollar Rate applicable to the Eurodollar Loan T = effective interest rate per annum at which any readily marketable bond bonds or other obligation obligations of the United States, selected at the Administrative Agent's sole discretion, maturing on or near the last day of the then applicable Interest Period of for such Eurodollar Loan and in approximately the same amount as such Loan Eurodollar Loan, can be purchased by the Administrative Agent on the day of such payment of principal or failure to borrow or continue or convert P = the amount of principal prepaid or the amount of the requested Loan paid D = the number of days remaining in the Interest Period as of the date of such payment or the number of days of the requested Interest Period The Borrowers Borrower shall pay such amount upon within five Business Days of presentation by the Administrative Agent to the Borrower of a statement setting forth the amount and the Administrative Agent's calculation thereof pursuant hereto, which statement shall be deemed true and correct conclusive absent manifest error.