Common use of Accrued Clause in Contracts

Accrued. (and therefore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly in arrears on the last Business Day of March, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto and (ii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaid), at maturity (whether by acceleration, demand or otherwise) and, after such maturity, on demand.

Appears in 5 contracts

Samples: Credit Agreement (Sierra Prime Income Fund), Credit Agreement (Sierra Prime Income Fund), Credit Agreement (Sierra Prime Income Fund)

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Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly monthly in arrears on the last first Business Day of Marcheach month, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto and (iiiii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaid), at maturity (whether by acceleration, demand acceleration or otherwise) and, after such maturity, on demand.

Appears in 3 contracts

Samples: Credit Agreement (Galaxy Fund /De/), Credit Agreement (Galaxy Vip Fund), Credit Agreement (Galaxy Fund Ii)

Accrued. (and therefore theretofore unpaid) interest in respect of each Loan shall be payable (i) in respect of each Base Rate Loan, quarterly monthly in arrears on the last Business Day of Marcheach month, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto and (ii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaidrepaid), at maturity (whether by acceleration, demand acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Credit Agreement (Ithaca Industries Inc)

Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly in arrears on the last Business Day of Marcheach fiscal quarter, Junebeginning with the last Business Day of the fiscal quarter ending December 31, September and December; 1996, (ii) in respect of each Fixed Rate LIBOR Loan, in arrears on the last day Business Day of each the Interest Period applicable thereto (subject to the provisions of clause (iv) in SECTION 2.8) and (iiiii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaid), Loan at maturity (whether by acceleration, demand pursuant to acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Credit Agreement (Envoy Corp /Tn/)

Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly in arrears on the last Business Day of March, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months on each date occurring at three month intervals after the first day of such Interest Period and (ii) in respect of each Loan, on any repayment or prepayment (on the amount repaid or prepaid), at maturity (whether by acceleration, demand or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Credit Agreement (Warburg Pincus Post Venture Capital Fund Inc)

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Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly in arrears on the last Business Day of March, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto and (ii) in respect of each Loan, (i) monthly in arrears through the last day of the calendar month on the first Business Day of each subsequent calendar month and (ii) on any repayment or prepayment thereof (on the amount repaid or prepaid), at maturity (whether by acceleration, demand acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Security Agreement (Eldertrust)

Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly (i) monthly in arrears on the last Business Day of March, June, September and December; (ii) in respect of each Fixed Rate Loan, on the last day of each Interest Period applicable thereto calendar month and (ii) in respect of each Loan, on any repayment or prepayment thereof (on the amount repaid or prepaid), at maturity (whether by acceleration, demand acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Credit Agreement (Host Marriott Corp/Md)

Accrued. (and therefore theretofore unpaid) interest shall be payable (i) in respect of each Base Rate Loan, quarterly monthly in arrears through the last day of the calendar month on the last first Business Day of March, June, September and December; each subsequent calendar month (ii) in respect of to each Fixed Rate Eurodollar Loan, on the last day of each the applicable Interest Period applicable thereto Period, and (iiiii) in respect of each Loanall Loans, on any repayment or prepayment thereof (on the amount repaid or prepaid), at maturity (whether by acceleration, demand acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Credit Agreement (Eldertrust)

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