Scheduled Revolving Loan Payments. Borrower shall repay to each Bank on the Revolving Loan Maturity Date the unpaid principal amount of each Revolving Loan made by such Bank. Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan (A) in the case of a Revolving Prime Rate Loan, on the last Business Day in each month, (B) in the case of a Revolving LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months); and (C) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity.
Appears in 3 contracts
Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)
Scheduled Revolving Loan Payments. The Borrower shall repay to each Bank on the Revolving Loan Maturity Date the unpaid principal amount of each the Revolving Loan made by such BankLoans on the Maturity Date. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan in arrears (Ai) in the case of a Revolving Prime Base Rate Loan, on the last Business Day in of each month, (Bii) in the case of a Revolving LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) monthsmonths after the first day of such Interest Period); and (Ciii) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Wild Oats Markets Inc)
Scheduled Revolving Loan Payments. Borrower shall repay to each Bank on the Revolving Loan Maturity Date the unpaid principal amount of each all Revolving Loan made by such BankLoans on the Maturity Date. Borrower shall pay accrued interest on the unpaid principal amount of each the Revolving Loan Loans in arrears (Ai) in the case of a Revolving Prime Base Rate LoanLoans, on the last Business Day in each month, calendar quarter; (Bii) in the case of a Revolving LIBOR LoanLoans, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) monthsmonths after the first day of such Interest Period); and (Ciii) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity.
Appears in 2 contracts
Samples: Credit Agreement (Quantum Corp /De/), Credit Agreement (Quantum Corp /De/)
Scheduled Revolving Loan Payments. Borrower shall repay to each Bank the unpaid principal amount of all Revolving Loans on the Revolving Loan Maturity Date the unpaid principal amount of each Revolving Loan made by such BankDate. Borrower shall pay accrued and billed interest on the unpaid principal amount of each the Revolving Loan Loans in arrears (Ai) in the case of a Revolving Prime Base Rate LoanLoans, on the last Business Day in each calendar month, ; (Bii) in the case of a Revolving LIBOR LoanLoans, (A) on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) monthsmonths after the first day of such Interest Period) and (B) upon prepayment (to the extent thereof); and (Ciii) in the case of all Revolving Loans, upon prepayment (to on the extent thereof) and at maturityRevolving Loan Maturity Date.
Appears in 2 contracts
Samples: Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Par Petroleum Corp/Co)
Scheduled Revolving Loan Payments. Borrower The Borrowers shall repay to each Bank the principal amount of the Revolving Loans on the Revolving Loan Maturity Date the unpaid principal amount of each Revolving Loan made by such BankDate. Borrower The Borrowers shall pay accrued interest on the unpaid principal amount of each Revolving Loan in arrears (Ai) in the case of a Revolving Prime Base Rate Loan, on the last Business Day in of each monthMarch, June, September and December, (Bii) in the case of a Revolving LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months); ) and upon prepayment (to the extent thereof) and (Ciii) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity.
Appears in 2 contracts
Samples: Credit Agreement (Argosy Gaming Co), Credit Agreement (Argosy Gaming Co)
Scheduled Revolving Loan Payments. Borrower shall repay to each Bank Lender on the Revolving Loan Maturity Date the unpaid principal amount of each Revolving Loan made by such BankLender. Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan (A) in the case of a Revolving Prime Rate Loan, on the last Business Day in each month, (B) in the case of a Revolving LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months); and (C) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity.
Appears in 1 contract
Scheduled Revolving Loan Payments. The Borrower shall repay to each Bank the principal amount of the Revolving Loans on the Revolving Loan Maturity Date the unpaid principal amount of each Revolving Loan made by such BankDate. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan in arrears (Ai) in the case of a Revolving Prime Base Rate Loan, on the last Business Day in of each monthquarter, (Bii) in the case of a Revolving LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) monthsmonths after the first day of such Interest Period); and (Ciii) in the case of all Revolving Loans, upon prepayment (to the extent thereof) and at maturity. All interest that is not paid when due shall be due on demand.
Appears in 1 contract
Samples: Credit Agreement (Chiquita Brands International Inc)