Common use of Revolving Loan Interest and Payments Clause in Contracts

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, shall be payable on a weekly basis on the weekly anniversary date of the Effective Date, or such other date as Lender and Borrower may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Date), commencing on the first such date to occur after the Effective Date and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. Principal amounts repaid on the Revolving Note may be re-borrowed. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest RateRate and receivables under the Eligible Accounts shall be charged the Receivables Collection Fee. The Receipts Receivables Collection Fee, accrued Fee and Accrued and unpaid interest on the unpaid principal balance of all Revolving Loans and the Debenture Documents outstanding from time to time, and other fees and charges due hereunder, time shall be payable on a weekly basis on the weekly monthly anniversary date of the Effective Date, or such other date as Lender and Borrower may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date Closing Date of the Effective Date)each calendar month, commencing on the first such date to occur after the Effective Date date hereof and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations Revolving Loans and the Debenture Documents which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at the Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. Principal amounts repaid on the Revolving Note may be re-borrowed. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. For purposes of calculating interest hereunder, such calculations shall be made based on the principal amount of the Revolving Loans outstanding hereunder from time to time, less the Reserve Amount then held by Lender in the Lock Box Account, if any. The Receipts Collection Fee, Fee and accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, time shall be payable on a weekly basis on the weekly anniversary date of the Effective Closing Date, or such other date as Lender and Borrower Borrowers may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Date)upon, commencing on the first such date to occur after the Effective Date date hereof and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations Revolving Loans which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, shall be payable on a weekly basis on the weekly anniversary date of the Effective Date, or such other date as Lender and Borrower Borrowers may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Date), commencing on the first such date to occur after the Effective Date and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. Principal amounts repaid on the Revolving Note may be re-borrowed, subject to the terms of this Agreement. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, shall be payable on a weekly basis on the weekly anniversary date of the Effective Closing Date, or such other date as Lender and Borrower Borrowers may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Closing Date), commencing on the first such date to occur after the Effective Date date hereof and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations Revolving Loans which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. Principal amounts repaid on the Revolving Note may be re-borrowed. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, hereunder shall be payable on a weekly basis on the weekly anniversary date of the Effective Closing Date, or such other date as Lender and Borrower Borrowers may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Closing Date), commencing on the first such date to occur after the Effective Date date hereof and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations Revolving Loans which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, shall be payable on a weekly basis on the weekly anniversary date of the Effective Date, or such other date as Lender and Borrower may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Date), commencing on the first such date to occur after the Effective Date and on the Revolving Loan Maturity Date (each a “"Payment Date”"). Any amount of principal or interest on the Obligations which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s 's option bear interest payable on demand at the Default Rate.

Revolving Loan Interest and Payments. Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans and all other Obligations shall be repaid on or before the Revolving Loan Maturity Date. Principal amounts repaid on the Revolving Note may be re-borrowed. The principal amount of the Revolving Loans outstanding from time to time shall bear interest at the Interest Rate. The Receipts Collection Fee, accrued Accrued and unpaid interest on the unpaid principal balance of all Revolving Loans outstanding from time to time, and other fees and charges due hereunder, hereunder shall be payable on a weekly basis on the weekly anniversary date of the Effective Closing Date, or such other date as Lender and Borrower Borrowers may agree upon (provided, however, if no such other agreement is made or reached, then on the weekly anniversary date of the Effective Closing Date), commencing on the first such date to occur after the Effective Date date hereof and on the Revolving Loan Maturity Date (each a “Payment Date”). Any amount of principal or interest on the Obligations Revolving Loans which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall at Lender’s option bear interest payable on demand at the Default Rate.