Common use of Interest for Account of Alternative Currency Swing Line Lender Clause in Contracts

Interest for Account of Alternative Currency Swing Line Lender. The Alternative Currency Swing Line Lender shall be responsible for invoicing the Company for interest on the Alternative Currency Swing Line Loans. Until each Alternative Currency Lender funds its Base Rate Committed Loan or risk participation pursuant to this Section 2.05(b) to refinance such Lender’s Applicable Alternative Currency Percentage of any Alternative Currency Swing Line Loan, interest in respect of such Applicable Alternative Currency Percentage shall be solely for the account of the Alternative Currency Swing Line Lender.

Appears in 5 contracts

Samples: Assignment and Assumption (Host Hotels & Resorts, Inc.), Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts L.P.)

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