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

Payments Not at End of Interest Period. If the 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 fails to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to SECTION 2.2, the Company shall pay to the Agent, for the benefit of the Lenders, an amount computed pursuant to the following formula: L = (R - T) X P X D 360 L = amount payable to the Lenders R = 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 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 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 Company shall pay such amount upon presentation by the Agent of a statement setting forth the amount and the 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 Company Borrower for any reason makes any payment of principal with respect to of 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 fails to borrow or borrow, continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to SECTION Section 2.2, or if any Eurodollar Loan is accelerated pursuant to Section 7.2(b), the Company Borrower shall pay to the Agent, for the benefit of the Lenders, Bank an amount computed pursuant to the following formula: L = (R - T) X x P X x D --------------- 360 L = amount payable to the Lenders Bank R = Adjusted Eurodollar Rate applicable to 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 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 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 Company Borrower shall pay such amount upon presentation by the Agent Bank of a statement setting forth the amount and the AgentBank's calculation thereof pursuant heretothereof, which statement shall be deemed true and correct absent manifest error.

Payments Not at End of Interest Period. If the Company makes Companies for any reason make any payment of principal with respect to any Eurodollar LIBOR Loan pursuant to SECTION 2.12 on any day other than the last day of an Interest Period applicable to such Eurodollar LIBOR Loan, or 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 2.2Section 7.2, the Company Companies shall pay to the Agent, for the benefit of the LendersBank, an amount computed pursuant to the following formula: . L = (R - T) X P X D --------------- 360 L = amount payable to the Lenders Bank R = Adjusted Eurodollar Rate applicable to 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 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 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 Company Companies shall pay such amount upon presentation by the Agent Bank of a statement setting forth the amount and the 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 Company makes If, for any reason, any payment of principal with respect to any Eurodollar Loan pursuant to SECTION 2.12 is made on any day other than the last day of an the Interest Period applicable to for such Eurodollar Loan, or fails to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to SECTION 2.2, the Company Borrower shall pay to the Agent, for the benefit account of the 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 Lenders R = Adjusted Eurodollar Rate applicable to such 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 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 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 Company Borrower shall pay such amount upon within five Business Days of presentation by the Agent to the Borrower of a statement setting forth the amount and the Agent's calculation thereof pursuant hereto, which statement shall be deemed true and correct conclusive absent manifest error.

Payments Not at End of Interest Period. If the Company makes Borrowers for any reason make 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 fails fail to borrow or continue or convert to a Eurodollar Loan after giving a Notice of Borrowing or Conversion pursuant to SECTION 2.2Section 2.4, the Company Borrowers shall pay to the Agent, Administrative Agent for the benefit respective accounts of the Lenders, Banks an amount computed pursuant to the following formula: L = (R - T) X P X D --------------- 360 L = amount payable to the Lenders Administrative Agent for the accounts of the Banks R = Adjusted Eurodollar Rate applicable to 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 Company 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.