Interest on the Advances. All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the LIBO Rate for each Calculation Period in effect plus the Applicable Margin. Notwithstanding the foregoing, if any principal of or interest on any Advance is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to 2% plus the rate otherwise applicable to the Advances as provided in the preceding sentence.
Interest on the Advances. Subject to Section 3.01(h), all outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the applicable LIBO Rate for each Calculation Period in effect plus the Applicable Margin for such Advances set forth on the Transaction Schedule; provided that, following the occurrence and during the continuance of an Event of Default, all outstanding Advances and any unpaid interest thereon shall bear interest (from and including the date of such Event of Default) at a per annum rate equal to the applicable LIBO Rate for each Calculation Period in effect plus the Adjusted Applicable Margin.
Interest on the 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 have been paid in full at an interest rate per annum equal to the Interest Rate, payable in arrears on the last day of such Interest Period and on the date such Advance shall be paid in full.
Interest on the Advances. The Borrower shall pay interest on the unpaid principal amount of the Advances, if any, from the date of the Advances until such principal amount shall be paid in full, payable semiannually, at an interest rate per annum equal to the Base Rate plus 0.50%; provided, however, that as of the date occurring 45 Business Days after the Change of Control Date, the interest rate per annum shall be the Base Rate in effect for such Advances plus the Applicable Margin.
Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in the immediately succeeding three sentences; provided that, following the occurrence and during the continuation of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuing) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility Margin; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the Advances under any Tranche at any time is less than the Minimum Funding Amount for such Tranche, the amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) the interest rate in respect of such deficit shall be deemed to be the Applicable Margin. The Applicable Margin applicable to any Advance shall initially be determined on the date of such Advance and such Applicable Margin shall be applicable until the next succeeding Calculation Period Start Date. The Applicable Margin applicable to all Advances that are outstanding on a Calculation Period Start Date shall be determined on such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.
Interest on the Advances. Subject to Section 3.02, all outstanding Advances shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule; provided that, following the occurrence and during the continuance of an Event of Default, all outstanding Advances and any unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which each such Advance is repaid) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Applicable Margin ; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate amount of outstanding Advances at any time is less than the Minimum Funding Amount, the amount of outstanding Advances at such time shall be deemed to equal the Minimum Funding Amount and (y) if the aggregate amount of outstanding Advances is less than the Minimum Funding Amount due to the prepayment of outstanding Advances pursuant to Section 4.03(c)(i)(C) following the last day of the Non-Call Period, the interest rate in respect of the amount of such shortfall shall be the Applicable Margin for Advances set forth on the Transaction Schedule. Notwithstanding anything else herein, interest due and payable pursuant to Section 4.05(b) with respect to an Advance for which the One Month XXXXX - 44 - Adjustment has been selected shall be payable on the fifteenth (15th) calendar day of each month during which an Interest Payment Date does not occur and the related Calculation Period Start Date and Calculation Period shall each be monthly.
Interest on the Advances. The outstanding principal amount of each Advance shall bear interest (from and including the date on which such Advance is made to but excluding the Maturity Date or, if earlier, the date on which such Advance is repaid) at a per annum rate equal to the LIBO Rate for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule; provided that, following the occurrence and during the continuance of an Event of Default, all outstanding Advances and any unpaid interest thereon shall bear interest (from and including the date of such Event of Default to but excluding the Maturity Date or, if earlier, the date on which such Advance is repaid) at a per annum rate equal to the LIBO Rate for each Calculation Period in effect plus the Adjusted Applicable Margin.
Interest on the Advances. Subject to Section 3.01(h), all outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the LIBO RateBenchmark for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule; provided that, following the occurrence and during the continuance of an Event of Default, all outstanding Advances and any unpaid interest thereon shall bear interest (from and including the date of such Event of Default) at a per annum rate equal to the LIBO RateBenchmark for each Calculation Period in effect plus the Adjusted Applicable Margin; provided further that, solely for purposes of this Section 3.01(b), if the aggregate amount of outstanding Advances at any time is less than the Minimum Funding Amount, the amount of outstanding Advances at such time shall be deemed to equal the Minimum Funding Amount and the interest rate in respect of the positive difference between the Minimum Funding Amount and the aggregate outstanding amount of the Advances shall be deemed to be the Applicable Margin for Advances set forth on the Transaction Schedule (plus, if applicable pursuant to the first proviso above, the Adjusted Applicable Margin).
Interest on the Advances. The Borrower shall pay interest on the unpaid principal amount of the Advances, if any, from the date of the Advances until such principal amount shall be paid in full, payable semiannually on each June 15th and December 15th, at an interest rate per annum equal to the Base Rate plus 0.58%; provided, however, (i) that, prior to the Change of Control Date and at the request of the Agent, the interest rate per annum shall be the Base Rate in effect for such Advances plus the Modified Margin as determined by Agent in accordance with subsection (a), (b) or (c) of the definition of "Modified Margin", and (ii) that as of the date occurring 45 Business Days after the Change of Control Date, the interest rate per annum shall be the Base Rate in effect for such Advances plus the Applicable Margin. Borrower shall notify Agent of any credit agreement with a third party lending institution or a senior debt rating determination within five Business Days.
Interest on the Advances. All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the Reference Rate (except as expressly set forth herein) for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule. In addition, if, at any time during the Reinvestment Period, the outstanding Advances are less than the Adjusted Principal Amount at such time, the Company shall incur interest on the difference of the Adjusted Principal Amount minus the amount of Advances at such time at a per annum rate equal to the Applicable Margin for Advances set forth on the Transaction Schedule.
