Interest on Tender Advances. The Borrower shall pay interest on the unpaid amount of each Tender Advance from the date of such Tender Advance until such amount is paid in full, such interest to be payable monthly, in arrears, on the first day of each month during the term of each Tender Advance and on the date such amount is paid in full, at a fluctuating interest rate per annum which shall at all times be equal to the sum of (x) 2.00% per annum plus (y) the Prime Rate.
Interest on Tender Advances. The Company shall pay interest on the unpaid amount of each Tender Advance from the date of such Tender Advance until such amount is paid in full, payable monthly, in arrears, on the first day of each month during the term of each Tender Advance and on the date such amount is paid in full, at a fluctuating interest rate per annum in effect from time to time equal to (i) for the first ninety days following the date of such Tender Advance, the then current 30-day LIBOR Rate plus 2.75%, and (ii) for all periods after the date ninety days following such Tender Advance, the then current 30-day LIBOR Rate plus 3.25%, provided that the unpaid amount of any Tender Advance which is not paid when due pursuant to Section 2.05 hereof shall bear interest at the Default Rate, payable on demand and on the date such amount is paid in full.
Interest on Tender Advances. The Company shall pay interest on the unpaid amount of each Tender Advance from the date of such Advance until such amount is paid in full, payable monthly, in arrears, on the first day of each month during the term of each Tender Advance and on the date such amount is paid in full, at a fluctuating interest rate per annum in effect from time to time equal to the Base Rate, provided that the unpaid amount of any Tender Advance which is not paid when due pursuant to Section 2.05 hereof shall bear interest at the Default Rate, payable on demand and on the date such amount is paid in full.
Interest on Tender Advances. The interest on Tender Advances will accrue at a fluctuating interest rate per annum in effect from time to time (i) for the first 30 days following the Initial Purchase Date, at the Base Rate, (ii) from 31 days following the Initial Purchase Date until 60 days following such Initial Purchase Date, at the Base Rate plus 1.00% and (iii) thereafter at the Term Loan Rate; provided that the unpaid amount of any Tender Advance which is not paid when due pursuant to Section 2.05 hereof shall bear interest at the Default Rate.
Interest on Tender Advances. The Company shall pay interest to the Guarantor on the unpaid principal amount of each Tender Advance from the date of such Tender Advance until such principal amount is paid in full at the rates and times as agreed upon between the Company and the Guarantor.
Interest on Tender Advances. The Borrower shall pay interest on the unpaid amount of each Tender Advance (after the application of any remarketing proceeds received by the Bank from the Remarketing Agent) from the date of such Tender Advance until such amount is paid in full, payable monthly, in arrears, on the first day of each month during the term of each Tender Advance and on the date such amount is paid in full, at a fluctuating interest rate per annum in effect from time to time equal to the Base Rate, provided that the unpaid amount of any Tender Advance which is not paid when due pursuant to Section 2.05 hereof shall thereafter bear interest at the Default Rate, payable on demand and on the date such amount is paid in full.
