Examples of Quarterly Date in a sentence
Each Note shall bear interest on the outstanding and unpaid principal amount thereof, from and including the most recent Quarterly Date on which interest has been paid (or, if no interest has been paid, from the date when issued) at a rate per annum equal to the Interest Rate.
Accrued commitment fees shall be payable in arrears on each Quarterly Date and on the date on which the Commitments terminate, commencing on the first such date to occur after the date hereof.
Each Note shall bear interest on the outstanding and unpaid principal amount thereof (including Accrued Interest), from and including the most recent Quarterly Date on which interest has been paid (or, if no interest has been paid, from the date when issued) at a rate per annum equal to the Interest Rate.
The aggregate outstanding principal amount of the French Senior Secured Notes shall be automatically increased on each such Quarterly Date by the amount of such interest paid in kind.
On each Quarterly Date occurring on or prior to the first anniversary of the Closing Date (the “Interest Holiday Period”), the Issuers may elect to pay up to 4% per annum of the Interest Rate (other than any such amounts payable with respect to Supplemental Notes) in kind (in lieu of payment in cash) by written election of the Company to the Administrative Agent at least ten Business Days prior to such Quarterly Date.