Supplemental Interest. AESOP Leasing agrees to pay to the Lender, as an additional interest payment, an amount equal to the product of (A) the applicable Loan Agreement's Share as of the beginning of each Loan Interest Period times (B) the sum of (i) the Supplemental Carrying Charges for such Loan Interest Period, minus (ii) any accrued earnings on Permitted Investments in the Collection Account which earnings are available for distribution on the last Business Day of such Loan Interest Period (the product of the amounts described in clauses (A) and (B) above, "Supplemental Interest").
Supplemental Interest. In addition to the interest payable on the Loan under the Loan Agreement, AWA agrees to pay GECC supplemental interest in an amount per annum equal to 0.95% of the aggregate outstanding principal balance of the Loan (calculated on the basis of a 360-day year and actual days elapsed)
(a) on each Interest Payment Date and (b) on each other date on which interest on such Loan is payable due to prepayment (in the case of any partial prepayment made in accordance with the terms of the Loan Agreement, such supplemental interest to be paid on the basis of the principal amount being prepaid), acceleration or otherwise, in each case, for the period from and including the immediately preceding Payment Date to but excluding such date, in immediately available funds to the Administrative Agent's Account as set forth in the Loan Agreement (or such other account as GECC shall designate in writing to AWA).
Supplemental Interest. In addition to the interest accruing on the Notes as provided in the Notes, the Company agrees to pay to each holder of a Note supplemental interest (the “Supplemental Interest”) for the period beginning on April 1, 2008 and ending on June 30, 2009 at the rate of 0.35% per annum on the outstanding principal balance of the Notes held by such holder. The Supplemental Interest with respect to each Note shall be computed on the same basis as interest on such Note is computed (i.e., on a basis of a 360-day year of 30-day months) and shall be paid semi-annually in arrears on the same dates upon which interest is payable on such Note. The Supplemental Interest shall be considered to be part of the “interest” accruing and due any payable upon the Notes for the purposes of Section 11(b) and the other provisions of this Agreement.”
1.7 Section 10.1 of the Note Purchase Agreement is amended in its entirety to read as follows:
Supplemental Interest. Section 2.09(d) of the Existing Credit Agreement is amended by replacing “Notwithstanding the above provisions,” with “Notwithstanding the above provisions and Section 2.09(h),” and the following is hereby added to the Existing Credit Agreement as Section 2.09(h):
Supplemental Interest. From and after the date of the issuance of any additional Second Priority Senior Notes subsequent to the initial issuance of Second Priority Senior Notes, an additional amount of interest (the “Supplemental Interest”) shall accrue with respect to the unpaid balance of the Term Loans at an annual fixed rate (compounded at the end of each Fiscal Quarter) equal to the Supplemental Margin, if any. The Supplemental Interest shall be payable in cash (i) with respect to all Term Loans, on the date on which the Term Loans are accelerated pursuant to Article X, (ii) with respect to all Term A Loans, on the Term A Loan Maturity Date, (iii) with respect to all Term B Loans, on the Term B Loan Maturity Date, and (iv) with respect to any principal amount of the Term Loans which are being repaid (whether in full or in part), on the date of such repayment.”
(c) Section 4.2
Supplemental Interest. Supplemental interest will accrue on the Notes on each day after the first regular annual meeting of the Company’s stockholders after the Issue Date, if the Requisite Stockholder Approval has not been obtained as of such day.
Supplemental Interest. HoldCo shall pay to the Holder of this Debenture, as supplemental interest, an amount equal to $______, such amount to be payable within 30 days after the date of this Debenture.
Supplemental Interest. The Company shall pay to the Agent for the account of each Bank supplemental interest on the Principal Amount of all outstanding Advances of such Bank ("Supplemental Interest"), in addition to the interest provided under Section 2.7, in an amount equal to 0.25% per annum (computed as provided in Section 2.9) on such Principal Amount outstanding from time to time after the Amendment Effective Date (as defined in the First Amendment hereto). Supplemental Interest and interest accrued thereon pursuant to this Section 2.14 shall be due and payable as and to the extent funds are available for payment of Supplemental Liquidity Provider Interest pursuant to and as defined in the Indenture. Any Supplemental Interest and any interest accrued thereon by operation of this sentence that remains unpaid on any Monthly Deposit Date shall, as of that Monthly Deposit Date, compound and shall thereafter itself accrue interest, until payment in full of all Supplemental Interest and interest accrued thereon, at the rate that would then be applicable to Base Rate Advances as provided in Section 2.7(c) plus an additional 0.25% per annum.
Supplemental Interest. From and after the date of the issuance of the Second Priority Senior Notes, an additional amount of interest (the “Supplemental Interest”) shall accrue with respect to the unpaid balance of the Term Loans at an annual fixed rate (compounded at the end of each Fiscal Quarter) equal to the Supplemental Margin, if any. The Supplemental Interest shall be payable in cash (i) with respect to all Term Loans, on the date on which the Term Loans are accelerated pursuant to Article X, (ii) with respect to all Term A Loans, on the Term A Loan Maturity Date, (iii) with respect to all Term B Loans, on the Term B Loan Maturity Date, and (iv) with respect to any principal amount of the Term Loans which are being repaid (whether in full or in part), on the date of such repayment.”
(d) Section 4.2
Supplemental Interest. If the Maxeon Form F-3 has not been declared effective under the Securities Act on or before the twentieth (20th) Business Day after the Maxeon Spin-Off Distribution Date, then Supplemental Interest will accrue on each outstanding Note for each day from, and including, the Issue Date to, but excluding, January 15, 2021. Any Supplemental Interest that accrues on the Notes will accrue at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof and will be payable on January 15, 2021 to the Holders of record of the Notes as of the Close of Business on January 1, 2021. For the avoidance of doubt, any Supplemental Interest that accrues on a Note will be in addition to the Stated Interest and any Special Interest or Additional Interest that accrues on such Note. If Supplemental Interest accrues on the Notes, then the Company will send notice of the same to Holders, the Trustee and the Paying Agent no later than the twenty third (23rd) Business Day after the Maxeon Spin-Off Distribution Date.
