Common use of Interest Payment and Computation Clause in Contracts

Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March 31, 2020) and interest on each LIBOR Rate Loan shall be due and payable on the last day of each Interest PeriodPayment Date applicable thereto, and if such Interest Period extends over three; provided that (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3ii) months, atin the event of any conversion of any Term SOFR Loan prior to the end of each three (3) month interval during suchthe Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year).

Interest Payment and Computation. Interest on each Base Rate Loan and each Swingline Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March 31September 30, 2020) 2021; and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over threethree (3) months, at the end of each three (3) month interval during such Interest Period; provided that (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3iiii) months, atin in the event of any conversion of any Term SOFR Loan prior to the end of each three (3) month interval during suchthe the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year).. (d)

Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March 31December 30, 2020) 2022; and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over three; provided that three (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3ii3) months, atin the event of any conversion of any Term SOFR Loan prior to at the end of each three (3) month interval during suchthe such Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversionPeriod. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year). For the avoidance of doubt, interest shall be payable on the full amount of the Loans (without taking into account any netting of the OID Amount occurring on the Closing Date) in accordance with this Section 2.5. In the event of any repayment or prepayment of any SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and in the event of any conversion of any SOFR Loan prior to the end of the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March 31, 2020) 2023; and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over three; provided that three (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3ii3) months, atin the event of any conversion of any Term SOFR Loan prior to at the end of each three (3) month interval during suchthe such Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversionPeriod. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year). For the avoidance of doubt, interest shall be payable on the full amount of the Loans (without taking into account any netting of the OID Amount occurring on the Closing Date) in accordance with this Section 2.5. In the event of any repayment or prepayment of any SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and in the event of any conversion of any SOFR Loan prior to the end of the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

Interest Payment and Computation. Interest on each Base Rate ABR Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March December 31, 2020) 2023 and on the Maturity Date; and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over threethree (3) months, at the end of each three (3) month interval during such Interest Period, and on the Maturity Date; provided that (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3iiii) months, atin in the event of any conversion of any Term SOFR Loan prior to the end of each three (3) month interval during suchthe the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. All computations of interest for Base Rate ABR Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year).

Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March 31June 30, 2020) 2021; and interest on each LIBOR Rate RateSOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over threethree (3) months, at the end of each three (3) month interval during such Interest Period; provided that (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued and outstanding interest on the such principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3iiii) months, atin in the event of any conversion of any Term SOFR Loan prior to the end of each three (3) month interval during suchthe the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year).. (d)

Interest Payment and Computation. On the Closing Date, the Borrower shall pay to the Administrative Agent all accrued and unpaid interest from September 25, 2023 through (but excluding) the Closing Date. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of each calendar quarter (commencing March December 31, 2020) 2023; and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over three; provided that three (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3ii3) months, atin the event of any conversion of any Term SOFR Loan prior to at the end of each three (3) month interval during suchthe such Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversionPeriod. All computations of interest for Base Rate Loans when the (including Base Rate is Loans determined by the Prime Rate reference to SOFR) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 4.4(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable quarterly in arrears on the last third Business Day following the end of each calendar quarter (commencing March with the calendar quarter ending December 31, 2020) 2022); and interest on each LIBOR Rate SOFR Loan shall be due and payable on the last day of each Interest PeriodPayment Date Period applicable thereto, and if such Interest Period extends over threethree (3) months, at the end of each three (3) month interval during such Interest Period; provided that (i) in the event of any repayment or prepayment of any Term SOFR Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (3iiii) months, atin in the event of any conversion of any Term SOFR Loan prior to the end of each three (3) month interval during suchthe the Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate and the Commitment Fee shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees (other than the Commitment Fee) and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year).. (e)