Common use of Interest – All Loans Clause in Contracts

Interest – All Loans. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan thereof in arrears (i) in the case of a Base Rate Loan or LIBOR Market Index Rate Loan, on the last Business Day of each fiscal quarter (commencing with the fiscal quarter ending September 30, 2011), (ii) in the case of a LIBOR Rate Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months after the first day of such Interest Period); and (iii) in the case of all Loans, on the Maturity Date. All interest that is not paid when due shall be due on demand.

Appears in 1 contract

Samples: Credit Agreement (IPC the Hospitalist Company, Inc.)

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Interest – All Loans. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan thereof in arrears (i) in the case of a Base Rate Loan or LIBOR Market Index Rate Loan, on the last Business Day of each fiscal quarter Fiscal Quarter (commencing with the fiscal quarter Fiscal Quarter ending September 30January 31, 2011), (ii) in the case of a LIBOR Rate Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months after the first day of such Interest Period); and (iii) in the case of all Loans, on the Maturity Dateat maturity. All interest that is not paid when due shall be due on demand.

Appears in 1 contract

Samples: Credit Agreement (Shuffle Master Inc)

Interest – All Loans. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan thereof in arrears (i) in the case of a Base Rate Loan or LIBOR Market Index Rate Loan, on the last Business Day of each fiscal quarter (commencing with the fiscal quarter ending September 30Xxxxx 00, 20110000), (iixx) in the case of a LIBOR Rate Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months after the first day of such Interest Period); and (iii) in the case of all Loans, on the Maturity Date. All interest that is not paid when due shall be due on demand.

Appears in 1 contract

Samples: Credit Agreement (International Rectifier Corp /De/)

Interest – All Loans. The Borrower Borrowers shall pay accrued interest on the unpaid principal amount of each Revolving Loan thereof in arrears (i) in the case of a Base Rate Loan or LIBOR Market Index Rate Loan, on the last Business Day of each fiscal quarter (commencing with the fiscal quarter ending September 30December 31, 2011), (ii) in the case of a LIBOR Rate Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months after the first day of such Interest Period); and (iii) in the case of all Loans, on the Maturity Date. All interest that is not paid when due shall be due on demand.

Appears in 1 contract

Samples: Credit Agreement (Monarch Casino & Resort Inc)

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Interest – All Loans. The Borrower shall pay accrued interest on the unpaid principal amount of each Revolving Loan Borrowing thereof in arrears (i) in the case of a Borrowing consisting of Base Rate Loan or LIBOR Market Index Rate LoanLoans, on the last Business Day of each fiscal quarter (commencing with the fiscal quarter ending September 30, 2011)quarter, (ii) in the case of a Borrowing consisting of LIBOR Rate LoanLoans, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months after the first day of such Interest Period); and (iii) in the case of all LoansBorrowings, on the Maturity Dateat maturity. All interest that is not paid when due shall be due on demand.

Appears in 1 contract

Samples: Credit Agreement (Netflix Inc)

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