Regular Interest. The Borrowers shall pay interest on the unpaid principal amount of each Loan made by each Lender from the date of such Loan until such principal amount shall be paid in full at the following times and rates per annum:
Regular Interest. In the case of information furnished pursuant to subclauses (i), (ii) and (viii) above, the amounts shall be expressed as a dollar amount per $1,000 of original principal amount of Certificates. The Securities Administrator shall make such report and additional loan level information (and, at its option, any additional files provided by the Master Servicer containing the same information in an alternative format) available each month to the Trustee, Certificateholders and the Rating Agencies via the Securities Administrator's internet website. The Trustee's internet website shall initially be located at xxx.xxxxxxx.xxx. Assistance in using the website can be obtained by calling the Securities Administrator's customer service desk at (000) 000-0000. Such parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Securities Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Securities Administrator shall provide timely and adequate notification to all above parties regarding any such changes. The foregoing information and reports shall be prepared and determined by the Securities Administrator based solely on Mortgage Loan data provided to the Securities Administrator by the Master Servicer no later than four Business Days prior to the Distribution Date. In preparing or furnishing the Mortgage Loan data to the Securities Administrator, the Master Servicer shall be entitled to rely conclusively on the accuracy of the information or data regarding the Mortgage Loans and the related REO Property that has been provided to the Master Servicer by each Servicer, and the Master Servicer shall not be obligated to verify, recompute, reconcile or recalculate any such information or data. The Securities Administrator shall be entitled to conclusively rely on the Mortgage Loan data provided by the Master Servicer and shall have no liability for any errors in such Mortgage Loan data or other information. On each Distribution Date, the Securities Administrator shall also provide or make available to the Depositor a copy of the above described written report, to the following address: Xxxxxx Brothers Inc., 000 Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Xxxxxxx Xxxxxxxx, or to such other address as the Dep...
Regular Interest. Subject to Section 7.02(b), interest will accrue on the Securities at the rate of 4.00% per year during any six-month period from and including February 15 to but excluding August 15 and from and including August 15 to but excluding February 15, commencing August 15, 2007 (provided that the initial period with respect to the payment of interest shall commence on February 8, 2007 and run to but excluding August 15, 2007). Interest will be payable in Cash in arrears on February 15 and August 15 of each year, beginning August 15, 2007, to the Holder of record at the close of business on the Regular Record Date preceding such Interest Payment Date; provided that the Company shall not pay Cash interest on the Securities after February 15, 2019.
Regular Interest. (a) Except as set forth in Section 3.1(ii), interest on each Loan hereunder shall accrue at one of the following per annum rates selected by Borrower: (1) unless prior notice is given to Bank pursuant to subpart (2) of this Section 3.1(i)(a), the Applicable Margin plus the Prime Rate (a “Prime Rate Loan”), or (2) upon a minimum of two New York Banking Days prior notice, the Applicable Margin plus the 1, 2 or 3 month LIBOR rate quoted by Bank from Telerate Page 3750 or any successor thereto (which shall be the LIBOR rate in effect two New York Banking Days prior to the making of such Loan), adjusted for any reserve requirement and any subsequent costs arising from a change in government regulation (a “LIBOR Rate Loan”).
(b) In the event Borrower does not select (within the time periods prescribed under Section 2.6 or Section 3.1(v), as applicable) another interest rate option at least two New York Banking Days before the end of the Loan Period for a LIBOR Rate Loan, Bank may at any time after the end of the Loan Period convert the LIBOR Rate Loan to a Prime Rate Loan, but until such conversion, the funds advanced under the LIBOR Rate Loan shall continue to accrue interest at the same rate as the interest rate in effect for such LIBOR Rate Loan prior to the end of the Loan Period.
(c) No LIBOR Rate Loan may extend beyond the Facility Termination Date. In any event, if the Loan Period for a LIBOR Rate Loan should happen to extend beyond the Facility Termination Date, such Loan must be prepaid on the Facility Termination Date. Bank’s internal records of applicable interest rates shall be determinative in the absence of manifest error. Each LIBOR Rate Loan shall be in a minimum principal amount of $1,000,000 and in integral multiples of $100,000. Borrower may not, in the aggregate, have more than three LIBOR Rate Loans outstanding at any time. A LIBOR Rate Loan may not be requested by Borrower if an Event of Default has occurred and is continuing. Notwithstanding anything to the contrary in this Section 3.1, no portion of the Loans which represents any unreimbursed drawings under any Letter of Credit can be made as, converted into, or continued as, a LIBOR Rate Loan.
(d) If a LIBOR Rate Loan is prepaid prior to the end of the Loan Period for such Loan, whether voluntarily or because prepayment is required due to the Loans maturing, the cure of any Deficiency, or the acceleration of the Loans upon an Event of Default or otherwise, Borrower will pay all of Bank’s...
Regular Interest. The principal of the 2019 Notes shall bear interest at the rate of 5.875% per annum from May 4, 2009 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May 1 and November 1 of each year, commencing November 1, 2009, to the Persons in whose names the 2019 Notes are registered at the close of business on the April 15 or October 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Interest on the 2019 Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.
Regular Interest. Interest shall accrue on the outstanding principal amount of each Note at a rate equal to twelve percent (12%) per annum, subject to Section 2.4. The Companies shall pay unpaid interest accruing under this Section 2.3(a) on the last Business Day of every fiscal quarter beginning with February 28, 2012.
Regular Interest. The Company shall pay interest on the principal amount of each Term Loan Advance in three (3) separate components: the first component shall consist of prepaid interest, the second component shall consist of monthly interest (to the extent required by clause (i) of this Section 2.03(a)), and the third component shall consist of interest payable upon the repayment or prepayment of principal, in whole or in part, of any Term Loan Advance, as follows:
Regular Interest. As defined in the Preliminary Statement.
Regular Interest. The change to the definition of regular interest in the Pension Ordinance shall be applied only to the valuation of pension contributions made after June 30, 2013.
Regular Interest. Interest will accrue on the Note Proceeds Loan at the rate equal to the interest rate on the Senior Notes, and will be payable semi-annually one Business Day before each regular interest payment date in respect of the Senior Notes.
