Common use of Interest on Term Loans Clause in Contracts

Interest on Term Loans. (a) Subject to the provisions of Section 2.05, the Term Loans shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days at all times and calculated from and including the Closing Date to but excluding the date of repayment thereof) at a rate per annum equal to the Applicable Margin in effect from time to time.

Interest on Term Loans. (ai) Subject to the provisions of Section 2.052.07 and Section 10.09, the Term Loans comprising each Base Rate Term Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days at all times and calculated from and including the Closing Date to but excluding the date of repayment thereofdays) at a rate per annum equal to the Applicable Margin in effect from time to timeBase Rate.

Interest on Term Loans. (a) Subject to the provisions of Section 2.052.08, the Term Loans Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days at all times and days, calculated from and including the Closing Date Funding Date, to but excluding the date of repayment thereof) at a rate per annum equal to the Applicable Margin in effect from time to timeTerm Loan Interest Rate.