Stated Interest. Subject to the provisions of Section 2.08(b): (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of (A) the Adjusted Eurodollar Rate for such Interest Period plus (B) the Applicable Rate; (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of (A) the Base Rate plus (B) the Applicable Rate; and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of (A) the Base Rate plus (B) the Applicable Rate.
Stated Interest. Subject to the provisions of Section 2.06(b): (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of (A) the greater of (1) the Adjusted Eurodollar Rate for such Interest Period and (2) 1.00%, plus (B) the Applicable Rate for the Term Facility and (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of (A) the greater of (1) the Base Rate and (2) 2.00% plus (B) the Applicable Rate for the Term Facility.
Stated Interest. Subject to the provisions of Section 2.08(b): (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Eurodollar Rate for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans, but in no event to exceed the Highest Lawful Rate; and (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loans, but in no event to exceed the Highest Lawful Rate.
Stated Interest. Subject to the provisions of Section 2.06(b): (i) with respect to 5¼ Year Term Loans and 6¾ Year Term Loans, (A) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of (1) the greater of (x) the Adjusted Eurodollar Rate for such Interest Period and (y) 0.75%, plus (2) the Applicable Rate for such Term Facility and (B) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of (1) the greater of (x) the Base Rate and (y) 1.75% plus (2) the Applicable Rate for such Term Facility, and (ii) with respect to New Term Loans and Acquisition Term Loans, (A) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of (1) the greater of (x) the Adjusted Eurodollar Rate for such Interest Period and (y) 1.00%, plus (2) the Applicable Rate for such Term Facility and (B) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of (1) the greater of (x) the Base Rate and (y) 2.00% plus (2) the Applicable Rate for such Term Facility.
Stated Interest. Subject to the provisions of Section 2.08(b): (i) each Tranche 1 Revolving Credit Loan that is a Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Rate for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans; (ii) each Tranche 2 Revolving Credit Loan that is a Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Rate for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans; (iii) each Tranche 1 Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the greater of (A) the Base Rate plus the Applicable Rate for such Base Rate Loan and (B) the Tranche 1 Base Rate Loan Floor Rate; (iv) each Tranche 2 Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the greater of (A) the Base Rate plus the Applicable Rate for such Base Rate Loan and (B) the Tranche 2 Base Rate Loan Floor Rate; and (v) each Swing Line Loan and Protective Advance shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the greater of (A) the Base Rate plus the Applicable Rate for Base Rate Loans and Protective Advances and (B) the Base Rate Loan Floor Rate.
Stated Interest. Subject to the provisions of Section 2.08(b): (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Rate for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans; (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the greater of (A) the Base Rate plus the Applicable Rate for such Base Rate Loans and (B) the Base Rate Loan Floor Rate; and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the greater of (A) the Base Rate plus the Applicable Rate for Base Rate Loans and (B) the Base Rate Loan Floor Rate.
Stated Interest. (i) Except as provided in clause (iii) below, the unpaid principal amount of each Initial Loan shall bear interest from the date of the Borrowing thereof until the date of repayment or conversion to a Term Loan at a rate per annum equal to the lesser of (i) the Total Cap and (ii) Eurodollar Rate plus the Applicable Margin as determined by the Administrative Agent; provided that immediately upon the occurrence of a Demand Failure Event, the interest rate on the Initial Loans shall increase to the Total Cap.
(ii) Except as provided in clause (iii) below, the unpaid principal amount of each Term Loan shall bear interest for the period from and including the Initial Maturity Date to, but excluding, the earlier of (i) the date of repayment thereof and (ii) the date of exchange for an Exchange Note, at a rate equal to the Total Cap.
(iii) Notwithstanding the foregoing clauses (i) and (ii), the interest rate borne by the Loans shall not exceed 8.05% per annum (the “Total Cap”).
Stated Interest. Subject to the provisions of Section 2.07(b): (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Adjusted Eurodollar Rate for such Interest Period plus the Applicable Rate for Eurodollar Rate Loans; (ii) each BA Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the BA Rate for such Interest Period plus the Applicable Rate for BA Rate Loans; (iii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Base Rate Loans; (iv) each Canadian Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Canadian Base Rate plus the Applicable Rate for Canadian Base Rate Loans; and (v) each Canadian Prime Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Canadian Prime Rate plus the Applicable Rate for Canadian Prime Rate Loans.
Stated Interest. Subject to the provisions of Section 2.08(b): (i) each U.S. Revolving Credit(a) Loan that is a EurodollarRFR Loan (other than XXXXX Xxxx LoanLoans) shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to either the Adjusted Eurodollar Rate, the EURIBO Rate or the XXXXX Xxxx, as applicable, for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans, EURIBO Rate Loans or XXXXX Xxxx Loans, as applicableRFR Loans; (ii) each Canadian Revolving Credit Loan that is a Eurodollar RateRFR Loan (other than XXXXX Rate Loans) shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Ratethe EURIBO Rate or the XXXXX Xxxx, as applicable, for such Interest Period plus the Applicable Rate for such Eurodollar RateRFR Loans; (iii) each Canadian Revolving Credit Loan that is a CDOR Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the CDOR Rate for such Interest Period plus the Applicable Rate for such CDOR Rate Loans; (iv) each U.S. Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (v) each Canadian Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (vi) each Canadian Revolving Credit Loan that is a Canadian Prime Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Canadian Prime Rate plus the Applicable Rate for such Canadian Prime -116- CG&R Draft Current date: 03/02/2023 10:05 AM 63515514v23CG&R Draft Current date: 03/01/2023 4:17 PM 70014411v6
Stated Interest. Subject to the provisions of Section 2.08(b): (i) each Eurocurrency Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurocurrency Rate for such Interest Period plus the Applicable Rate for such Facility plus (in the case of a Eurocurrency Rate Loan of any Lender which is lent from a Lending Office in the United Kingdom or a Participating Member State) the Mandatory Cost; (ii) each Base Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Facility; and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for the Revolving Credit Facility.
