Term Loan Interest. Except as otherwise set forth herein, Borrower shall pay interest on the unpaid principal amount of each Term Loan from the Closing Date until the maturity or prepayment thereof at one of the following rates per annum:
Term Loan Interest. Except as elsewhere provided in this Agreement with respect to Prime Rate Loans, the Term Loan shall be a LIBOR Loan with an Interest Period of one month unless in accordance with this Agreement the Borrower has requested that the Term Loan or a portion thereof be another LIBOR Loan, in which case such Term Loan or applicable portion thereof shall be the applicable other LIBOR Loan. Interest shall accrue on the Term Loan in the same manner as is provided in Section 2.3(b) and Section 2.3(c).
Term Loan Interest. (i) The Borrowers shall pay to Agent, for the benefit of Lenders, interest on the outstanding principal amount of the Term Loan at the Term Loan Interest Rate. All interest accruing with respect to the Term Loan hereunder on and after the Maturity Date or during the occurrence and continuance of any Event of Default or termination hereof shall be payable on demand in accordance with Section 5.4 hereof
Term Loan Interest. Third, to the payment of interest which ------------------ shall be due and payable on the Term Loan Principal Balance at the time of such payment;
Term Loan Interest. Except as otherwise provided in this Section 2.2(b), the principal amount of the Term Loan outstanding from time to time shall bear interest at the applicable Term Interest Rate. From and after maturity, or after the occurrence and during the continuation of an Event of Default, interest on the outstanding principal balance of the Term Loan, at the option of the Bank, may accrue at the Default Rate and shall be payable upon demand from the Bank.
Term Loan Interest. (i) The Term Loans shall bear interest, at the election of the Borrower, subject to the terms and conditions hereof, as follows (“
Term Loan Interest. Subject to Section 2.6.3, Co-Borrowers shall pay interest on the unpaid principal amount of each Term Loan from the Term Conversion Date until the maturity or prepayment thereof at a fixed rate equal to 7.30% per annum.
Term Loan Interest. (i) Each Term Loan shall initially be a SOFR Rate Loan, and thereafter, the basis for determining the interest rate with respect to each Term Loan may be changed from time to time pursuant to Section 2.4(c).
Term Loan Interest. Borrower shall pay interest on the applicable date set forth in Section 2.4(a) on the unpaid principal amount of each Term Loan that is a LIBO Rate Loan calculated from the date of such Term Loan until the repayment or prepayment thereof at a rate per annum during each Interest Period for such Term Loan equal to the LIBO Rate for such Interest Period plus the Applicable Term Loan Margin. Borrower shall pay interest on the applicable date set forth in Section 2.4(a) on the unpaid principal amount of each Term Loan that is a Base Rate Loan calculated from the date of such Term Loan until the repayment or prepayment thereof at a rate per annum for such Term Loan equal to the applicable Base Rate during the period when such Term Loan is outstanding plus the Applicable Term Loan Margin.
Term Loan Interest. The unpaid principal balance of the Term Loan shall bear interest, until repaid at rate per annum equal to either the Base Rate plus one-half of one percent (0.50%) or the LIBOR Rate plus two and seventy five hundredths of one percent (2.75%). Such interest shall be due and payable, in arrears, on the first day of each month commencing with the month immediately following the date the Term Loan is advanced or in the case of any portion of the Term Loan bearing interest at the LIBOR Rate, on the last day of the applicable Interest Period as provided in section 2.13(a) hereof. Such interest shall be computed pursuant to Section 2.6(e) and the provisions of 2.6(c), (d) and (f) shall apply thereto. On the date when the Term Loan is advanced and from time to time thereafter, pursuant to Section 2.13 hereof, the Lead Borrower may designate whether a portion of all of the unpaid principal balance of the Term Loan shall bear interest based on the Base Rate or the LIBOR Rate as set forth above. The LIBOR Rate may only be selected for at least a one million dollar ($1,000,000) portion of the Term Loan and in increments of $500,000 as provided in Section 2.13(a)(iii) hereof and the entire portion of the Term Loan which bears interest at the LIBOR Rate shall be incorporated into one (1) LIBOR Rate Loan which shall be included among the five (5) LIBOR Rate Loans which may be in effect at any one time pursuant to Section 2.13(b)(iii) hereof.
