Interest on Revolving Credit Advances. Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:
Interest on Revolving Credit Advances. (a) Scheduled ------------------------------------- --------- Interest. The Borrower shall pay interest on the unpaid principal amount of -------- each Revolving Credit Advance owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:
Interest on Revolving Credit Advances. Subject to the terms of Section 2.6 relating to LIBOR Pricing Options, the Borrowers, jointly and severally, shall pay interest on the unpaid balance of the Revolving Credit Advances from time to time outstanding at a per annum rate equal to the Applicable Base Rate for Revolving Credit Advances. Interest on the Revolving Credit Advances shall be payable (a) quarterly in arrears on the last day of each fiscal quarter, commencing January 31, 1998, for Base Rate Loans or (b) quarterly in arrears on the last day of each fiscal quarter, for LIBOR Rate Loans, and continuing until all of the Indebtedness of the Borrowers to the Revolving Credit Lenders under the Revolving Credit Notes shall have been paid in full.
Interest on Revolving Credit Advances. (a) Borrower shall pay interest on the Revolving Credit Loan to Agent for the account of each Lender, (i) in the case of Index Rate Loans, in arrears for the preceding calendar month, on the second Business Day of each calendar month commencing on the second Business Day of the calendar month immediately following the Closing Date, (ii) in the case of LIBOR Loans, in arrears, on the last day of each LIBOR Period therefor, (iii) on the Commitment Termination Date, and (iv) if any interest accrues or remains payable after the Commitment Termination Date, upon demand. If any interest or other payment under this Agreement becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day (except as set forth in the definition of LIBOR Period) and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.
Interest on Revolving Credit Advances. Subject to the terms of Section 2.4 relating to Eurodollar Pricing Options, the Borrowers, jointly and severally, shall pay interest on the unpaid balance of the Revolving Credit Advances from time to time outstanding at a per annum rate equal to the Applicable Base Rate. Interest on the Revolving Credit Advances shall be payable quarterly in arrears on the first day of each January, April, July and October, commencing July 1, 1998 and continuing until all of the Indebtedness of the Borrower to the Lenders under the Revolving Credit Notes shall have been paid in full. Interest accrued under the 1997 Credit Agreement to the date hereof shall be paid on the date or dates for such payment set forth in the 1997 Credit Agreement.
Interest on Revolving Credit Advances. Interest on each Revolving Credit Advance shall be due and payable in arrears on each Interest Payment Date applicable thereto, beginning on October 31, 2011, and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any bankruptcy, insolvency or other similar law.
Interest on Revolving Credit Advances. Regulation D --------------------------------------------------- Compensation. (a)
Interest on Revolving Credit Advances. Subject to the provisions of Section 2.6, URI shall pay interest on the unpaid balance of each Revolving Credit Advance which is a Prime Rate Loan from time to time outstanding at a per annum rate equal to the sum of (a) the Prime Rate PLUS (b) the Applicable URI Margin - Prime Rate (Revolver), as each is in effect from time to time, and shall pay interest on each Revolving Credit Advance which is a LIBOR Rate Loan at a rate per annum equal to the sum of (a) the LIBOR Rate, PLUS (b) the Applicable URI Margin - LIBOR Rate (Revolver), as each is in effect from time to time. Interest on Revolving Credit Advances which are Prime Rate Loans shall be payable in arrears on the last day of each January, April, July and October, commencing January 31, 1998, and continuing until all of the Indebtedness of URI to the Banks hereunder shall have been fully paid. Interest on Revolving Credit Advances which are LIBOR Rate Loans shall be paid for the applicable Interest Period on the last day thereof and when such LIBOR Rate Loan is due (whether at maturity, by reason of acceleration or otherwise) and, if such Interest Period is longer than three months, at intervals of three months after the first day thereof."
Interest on Revolving Credit Advances. The Borrowers, jointly and severally, shall pay interest on the unpaid balance of the Revolving Credit Advances from time to time outstanding at a per annum rate equal to the Base Rate plus 4.25%; provided, that in no event shall interest accrue at a per annum rate less than 9.75%. Interest on the Revolving Credit Advances shall be payable monthly in arrears on the first day of each month.".
Interest on Revolving Credit Advances. Revolving Credit Advances shall, subject to section 3.9, bear interest calculated and payable at a variable rate per annum equal at all times to the Floating Rate in effect from time to time. Hydro shall provide the Limited Partnership with notice of the Floating Rate in effect for each month and its supporting calculations therefore. Such interest shall be calculated on the basis of monthly compounding (not in advance) and the actual number of days elapsed, and shall be payable monthly. Hydro shall issue an invoice to the Limited Partnership once per month for the interest owed to Hydro by the Limited Partnership hereunder.