Interest Payable. With respect to each Receivable, interest will be charged and payable on the unpaid principal balance of the Receivable since the date of the last payment on the Receivable (and in all cases will be charged since the Cutoff Date).
Interest Payable. The provision for cumulation of interest should have careful attention, particularly if the interest rate is high. Cumulation has the effect of adding the interest to the capital, so that the ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ", ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ( ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ).
Interest Payable. Except as otherwise set forth herein, interest on each Loan shall accrue on a daily basis and be payable in arrears (i) on each Interest Payment Date applicable to that Loan; (ii) concurrently with any prepayment of that Loan, whether voluntary or mandatory, to the extent accrued on the amount being prepaid; and (iii) at maturity, including final maturity; provided, with respect to any voluntary prepayment of a Revolving Loan outstanding as a Base Rate Loan, accrued interest shall instead be payable on the applicable Interest Payment Date.
Interest Payable. Interest accruing on a Loan at a LIBOR-Based Rate (a "LIBOR Loan") shall be payable (A) on the last day of the applicable Interest Period (as defined below); (B) upon maturity of the particular Credit Facility; (C) upon acceleration of repayment of the Loan; (D) if the LIBOR Interest Period (as defined herein) is six months, on the ninetieth (90th) day of that Interest Period, as well as on the last day of the Interest Period; or (E) if the Loan is subject to an interest rate swap agreement, on the dates payments are contemplated under the interest rate swap agreement to which the Loan is subject. In the case of an Optional Currency Advance, LIBOR shall mean the rate per annum for deposits of the Optional Currency in question offered to the Bank in the London Interbank market two (2) Business Days prior to the first day of such Interest Period for deposits of the Optional Currency in question for a period of time comparable to the Interest Period for, and in an amount comparable to the principal amount of, the Advance sought by the Borrower. This determination of LIBOR is referred to herein as the "Optional Currency LIBOR."
Interest Payable. Except as otherwise set forth herein, interest on each Loan shall accrue on a daily basis and be payable in arrears in cash (i) on each Interest Payment Date applicable to that Loan; provided that at the discretion of the Borrower, the Borrower may choose, in lieu of making such payment in cash, to pay a portion of the Applicable Margin up to 5.50% per annum of the principal amount of such Loan by adding such amount to the principal amount of such Loan then outstanding so long as the Borrower delivers a written notice of such election to the Administrative Agent in substantially the form attached hereto as Exhibit A-3 at least one Business Day prior to the applicable Interest Payment Date (or, in connection with a Eurodollar Loan, concurrently with the delivery of a Conversion/ Continuation Notice in respect of such Eurodollar Loan) and specifies in such notice the amount of interest it elects to add to the principal amount of such Loan in lieu of making payment in cash; (ii) concurrently with any prepayment of that Loan, whether voluntary or mandatory, to the extent accrued on the amount being prepaid; and (iii) at maturity, including the Initial Term Loan Maturity Date.
Interest Payable. To the fullest extent permitted under applicable law, interest shall continue to accrue on the Loan after the filing by or against Borrower of a petition seeking relief in bankruptcy or under any act or law pertaining to insolvency or debtor relief, whether state, federal or foreign.
Interest Payable. The amount of interest payable in respect of any Senior Note for any Senior Advance Interest Period shall be calculated by the Transaction Agent by applying the Interest Rate to the Senior Note Principal Amount Outstanding of such Senior Note (considered at the end of such Interest Period) and multiplying by a fraction, the numerator of which is the actual number of days in the relevant Interest Period and the denominator of which is 360 rounded to the nearest two decimal places.
Interest Payable. Subject to the provisions of Section 4.1, Borrower shall pay interest on the unpaid principal amount from time to time outstanding under Facility A, in arrears, at a rate equal to the Prime Rate plus 1.00%. For the avoidance of doubt, the interest to be paid pursuant to this Section 2.3 shall float as the Prime Rate changes.