Interest on Base Rate Loans. Subject to the provisions of Section 3.6., interest on each Base Rate Loan shall accrue at an interest rate per annum equal to the Base Rate then in effect plus the Applicable Margin. All such accrued interest shall be payable (i) monthly on the last day of each month, (ii) upon any prepayment of such Base Rate Loan (but only on the principal amount so prepaid) and (iii) at maturity of such Base Rate Loan (and after maturity (whether by acceleration or otherwise) upon demand).
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Samples: Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc)
Interest on Base Rate Loans. Subject to the provisions of Section 3.65.6., interest on each Base Rate Loan shall accrue at an interest rate per annum equal to the Base Rate then in effect plus the Applicable Margineffect. All such accrued interest shall be payable (i) monthly on the last -38- 44 day of each month, (ii) upon any prepayment of such Base Rate Loan (but only on the principal amount so prepaid) and (iii) at maturity of such Base Rate Loan (and after maturity (whether by acceleration or otherwise) upon demand).
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Samples: Credit Agreement (Asa Holdings Inc)
Interest on Base Rate Loans. Subject to the provisions of Section 3.65.6., interest on each Base Rate Loan shall accrue at an interest rate per annum equal to the Base Rate then in effect plus the Applicable Margin. All such accrued interest shall be payable (i) monthly on the last day of each month, (ii) upon any prepayment of such Base Rate Loan (but only on the principal amount so prepaid) and (iii) at maturity of such Base Rate Loan (and after maturity (whether by acceleration or otherwise) upon demand).
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