Common use of Interest Payments; Default Interest Clause in Contracts

Interest Payments; Default Interest. (a) Interest on the unpaid balance of all Base Rate Advances of the CAPEX Loan from time to time outstanding shall accrue from the date of such Advance to the date repaid, at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds commencing on each Quarterly Payment Date commencing December 31, 2018. Whenever any payment under this Section 3A.5(a) shall become due on a day which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation, effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid balance principal of all Base Rate Advances of the CAPEX Term Loan B from time to time outstanding shall accrue from the date of such Advance to the date repaid, until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing on January 1, 2014, and on the first day of each Quarterly Payment Date commencing December 31January, 2018April, July and October thereafter. Whenever any payment under this Section 3A.5(a) 4.A.6 shall become due on a day which that is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid balance principal of all Base Rate Draw-to-Facility Advances of the CAPEX Loan from time to time outstanding as Base Rate Advances shall accrue from the date of such Advance to the date repaid, until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing October 1, 2011, and on each Quarterly Payment Date commencing December 31the first day of October, 2018January, April and July thereafter. Whenever any payment under this Section 3A.5(a) 4A.6 shall become due on a day which that is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid balance principal of all Base Rate Advances of the CAPEX Term Loan from time to time outstanding shall accrue from the date of such Advance to the date repaid, until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing on December 1, 2021, and on the first day of each Quarterly Payment Date commencing March, June, September and December 31, 2018thereafter. Whenever any payment under this Section 3A.5(a) 4.6 shall become due on a day which that is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid balance principal of all Base Rate Advances of the CAPEX Term Loan A from time to time outstanding shall accrue from the date of such Advance to the date repaid, until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing on October 1, 2011, and on the first day of each Quarterly Payment Date commencing December 31January, 2018April, July, and October thereafter. Whenever any payment under this Section 3A.5(a) 4.6 shall become due on a day which that is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 360-day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid balance of all Base Rate Advances of the CAPEX Loan Revolving Credit from time to time outstanding shall accrue from the date of such Advance to the date repaid, at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds commencing quarterly in arrears on the last day of each Quarterly Payment Date commencing December 31March, 2018June, September and December. Whenever any payment under this Section 3A.5(a2.6(a) shall become due on a day which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 365 or 366, as the case may be, day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (ab) Interest on the unpaid balance of all Base Rate Advances of the CAPEX Loan Revolving Credit from time to time outstanding shall accrue from the date of such Advance to the date repaid, at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds commencing on each Quarterly Payment Date commencing December 31June 30, 20182016. Whenever any payment under this Section 3A.5(a2.5(a) shall become due on a day which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation, computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.