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Interest on Advances
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Interest on Advances
. Each
Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
made to such Borrower by
each Bank
from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
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Interest on Advances
.
The Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
owing to
each Lender
from the
date of
such Advance until such principal amount shall be
paid in full
, at the
Applicable Rate
for such Advance (
except as otherwise provided
in this Section 2.8), payable as follows:
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Interest on Advances
.
The Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
from the
date of
such Advance until such principal amount shall be
paid in full
, as follows:
Sample 1
Sample 2
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Interest on Advances
. Interest shall accrue from the
date of
each Advance
under
the Line of Credit
at one of the following rates, as quoted
by the Bank
and as elected
by the Borrower
below:
Sample 1
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Interest on Advances
.
The Company shall
pay
interest accrued
on
the principal amount
of
each Advance
made to it outstanding
from time to time
from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
Sample 1
Sample 2
Sample 3
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Interest on Advances
. (1)
The Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
from the
date of
the Advance
until
the principal amount
of the Advance is repaid in full, at the following rates
per annum
:
Sample 1
Sample 2
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Interest on Advances
. The Borrower or
Borrowing Subsidiary
, as
the case
may be, shall pay
interest on the
unpaid principal amount
of
each Advance
made by
each Lender
to the Borrower
or Borrowing Subsidiary, as the case may be, from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
Sample 1
Sample 2
Sample 3
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Interest on Advances
. The
Account Party
shall pay
interest on the
unpaid principal amount
of
each Advance
from the
date of
such Advance until such principal amount is
paid in full
at the
applicable rate
set forth below:
Sample 1
Sample 2
Sample 3
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Interest on Advances
.
The Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
of
each Lender
, at the following rates
per annum
:
Sample 1
Sample 2
Sample 3
See All (8)
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Interest on Advances
. Except as provided below,
Borrower shall
pay interest
monthly,
in arrears
, on the first
day of
each month,
commencing November
1, 2003 on the average daily
unpaid principal amount
of the Revolving Loan at a fluctuating rate which is
equal to
the
Loan Interest Rate
.
Notwithstanding the foregoing
, on and
after the occurrence of an Event of Default
, Borrower shall pay
interest on the Revolving Loan
at a rate which is three (3) percent
per annum
above the
Prime Rate
; provided, however,
in no event shall
any interest to be paid under this
Agreement or
under any
Loan Document
exceed the
maximum rate permitted by law
.
Sample 1
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