Interest on the Loans shall be paid (in an amount set forth in a statement delivered by the Agent to the Borrower, PROVIDED, HOWEVER, that the failure of the Agent to deliver such statement shall not limit or otherwise affect the obligations of the Borrower hereunder) in immediately available funds to the Agent at its Principal Office for the account of the applicable Lending Office of each Bank as follows:
Interest on. The Senior Notes; Payment Of Interest..................................... 9 Section 1.3........... Execution, Authentication And Delivery Of Securities................................. 10
Interest on. Libor Loans shall accrue from day to day, both before and after default, demand, maturity and judgment, shall be calculated on the basis of the actual number of days elapsed and on the basis of a year of 360 days, and shall accrue and be payable to the Lender in U.S. dollars in arrears on the last day of the relevant Interest Period.
Interest on a Cash Deposit shall accrue and be applied or refunded in accordance with the terms in the appropriate AT&T-22STATE Tariff. AT&T-22STATE will not pay interest on a Letter of Credit or a Surety Bond.
Interest on. Disputed Amounts shall accrue at the Base Lending Rate of Lloyds Bank Plc (or its successor) in London for sterling applicable from time to time plus 2% compounded annually from a date forty-two (42) days after the Due Date for such payment until the date when the same is paid. For the avoidance of doubt:
Interest on each Advance shall accrue for each day that such Advance is outstanding at the Advance Rate for such day on the basis of a year of 360 days consisting of twelve 30-day months. The Servicer (or, if applicable, the Trustee or the Fiscal Agent) shall be entitled to reimbursement for Advances (including Nonrecoverable Advances) and interest thereon at the Advance Rate by retaining amounts paid on the Mortgage Loan or other collections or recoveries with respect to the Mortgage Loan (including Loss Proceeds and Net Proceeds and withdrawals from any of the Sub-Accounts, other than the Basic Carrying Costs SubAccount). Such rights of reimbursement shall be senior to the rights of Certificateholders to receive any amounts recovered with respect to the Mortgage Loan.
Interest on a Eurodollar Tranche shall accrue during any Interest Period at a rate per annum equal to the Eurodollar Rate plus the applicable Certificate Spread and shall be calculated on the basis of actual days over a year of 360 days.
Interest on the Borrower Loans shall be computed on ------------ the basis of a year of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.
Interest on an Advance shall accrue daily, shall be calculated on the outstanding daily balance of the Advance on the basis of actual days elapsed and a 360 day year and shall, subject to Clause 17, be payable by the Issuer to the Liquidity Facility Provider in arrear on each Interest Payment Date when the Advance has during the immediately preceding Interest Period been outstanding.