Common use of Interest and Payments Clause in Contracts

Interest and Payments. (a) Borrower promises to pay interest on the outstanding principal amount of the Term Loan from the date of funding of the Term Loan until such principal amount is irrevocably paid in full in cash. Interest on the outstanding principal amount of the Term Loan shall be due and payable monthly in arrears on the first calendar day of each calendar month, commencing December 1, 2003, at an annual rate of the Prime Rate plus 3.5%, calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period; provided, however, that, notwithstanding, any other provision of this Note or any other Loan Document, the interest on the outstanding Term Loan shall be not be less than 9.0%. (b) Interest and other Obligations payments shall be made automatically, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Note not paid automatically through Advances as provided in the Loan Agreement shall be paid to Lender, only by wire transfer on the date when due, without offset or counterclaim, in Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Note, any payments or prepayments received upon termination (as defined in the Loan Agreement) or otherwise under this Note shall be credited and applied in such manner and order as is set forth in Section 2.5 of the Loan Agreement.

Interest and Payments. (a) Borrower promises to pay interest on the outstanding principal amount of the Term Loan Revolving Facility from the date of funding of any Advance under the Term Loan Revolving Facility until such principal amount is irrevocably paid in full in cash. Interest on outstanding Advances under the outstanding principal amount of the Term Loan Revolving Facility shall be due and payable monthly in arrears on the first calendar day Business Day of each calendar month, commencing December February 1, 2003, at an annual rate of the Prime Rate plus 3.51.25%, provided, however, that, notwithstanding, any other provision of this Revolving Note, the Loan Agreement or any other Loan Document, the interest on outstanding Advances under the Revolving Facility shall be not less than 6.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period; provided, however, that, notwithstanding, any other provision of this Note or any other Loan Document, the interest on the outstanding Term Loan shall be not be less than 9.0%. (b) Interest Payments of interest and other Obligations payments shall be made automaticallymade, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Revolving Note not paid automatically through Advances as provided in the Loan Agreement shall be paid to Lender, Lender only by wire transfer on the date when due, without offset any deduction whatsoever, including any deduction for any setoff or counterclaim, in U.S. Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Revolving Note, any payments or prepayments received upon termination (as defined in the Loan Agreement) or otherwise under this Revolving Note shall be credited and applied in such manner and order as is set forth in Section 2.5 accordance with the provisions of the Loan Agreement.

Interest and Payments. (a) Subject to the limitations set forth herein, Borrower promises to pay interest on the outstanding principal amount of the Term Loan Revolving Facility from the date of funding of any Advance under the Term Loan Revolving Facility until such principal amount is irrevocably paid in full in cash. Interest on outstanding Advances under the outstanding principal amount of the Term Loan Revolving Facility shall be due and payable monthly in arrears on the first calendar day Business Day of each calendar month, commencing December January 1, 20032004, at an annual rate of the Prime Rate plus 3.51.0%, provided, however, that, notwithstanding any other provision of this Note, the Loan Agreement or any other Loan Document, for the purpose of calculating interest hereunder, the Prime Rate shall be not less than 4.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period; provided, however, that, notwithstanding, any other provision of this Note or any other Loan Document, the interest on the outstanding Term Loan shall be not be less than 9.0%. (b) Interest Payments of interest and other Obligations payments shall be made automaticallymade, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Note not paid automatically through Advances as provided in the Loan Agreement shall be paid to Lender, Lender only by wire transfer on the date when due, without offset any deduction whatsoever, including any deduction for any setoff or counterclaim, in U.S. Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Note, any payments or prepayments received upon termination (as defined in the Loan Agreement) or otherwise under this Note shall be credited and applied in such manner and order as is set forth in Section 2.5 accordance with the provisions of the Loan Agreement.

Interest and Payments. (a) Borrower promises US Borrowers promise to pay interest on the outstanding principal amount of the this Term Loan Note from the date of funding of the US Term Loan until such principal amount is irrevocably indefeasibly paid in full in cash. Interest on the outstanding principal amount of the this Term Loan Note shall be due and payable monthly in arrears on the first calendar day of each calendar month, commencing December with the month of May 1, 20032004, at an annual rate of as set forth in the Prime Rate plus 3.5%Loan Agreement, calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period; provided, however, that, notwithstanding, any other provision of this Note or any other Loan Document, the interest on the outstanding Term Loan shall be not be less than 9.0%. (b) Interest Payments of interest on the US Term Loan and other Obligations payments shall related to the US Term Loan may be made automatically, on the date when due, by the application of funds advanced Advances under the US Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of interest and/or principal or interest or other amounts on or payments under this Term Note not paid automatically through Advances under the US Revolving Facility as provided in the Loan Agreement shall be paid to Lender, made only by wire transfer on the date when due, without offset offset, deduction or counterclaim, in Dollars U.S. Dollars, in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this NoteTerm Note or any other Loan Document, any payments or prepayments received upon termination (as defined in the Loan Agreement) or otherwise under this Term Note shall be credited and applied in such manner and order as is set forth described in Section 2.5 of the Loan Agreement.