Common use of Interest Payments on Conversions Clause in Contracts

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b), all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 7 contracts

Samples: Credit Agreement (National Beverage Corp), Credit Agreement (National Beverage Corp), Joinder Agreement (National Beverage Corp)

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Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)the preceding sections, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c2.3 or 2.5(e) hereof (except for refundings or conversions of Prime-based Advances) shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 6 contracts

Samples: Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Security Agreement (Quanex Corp), Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b), Sections 4.6 and 4.7 all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 4.4 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Staktek Holdings Inc), Credit Agreement (Credit Acceptance Corporation), Loan Agreement (Autocam Corp/Mi)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 2.2, 2.3 and 2.4, all accrued and unpaid interest on any Revolving Credit Advance refunded or converted pursuant to Section 2.1(c) 2.7 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 4 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (North Pointe Holdings Corp), Credit Agreement (North Pointe Holdings Corp)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)the preceding sections, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c2.3 or 2.5(d) hereof (except for refundings or conversions of Prime-based Advances) shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 3 contracts

Samples: Credit and Term Loan Agreement (MSC Software Corp), Credit Agreement (Olympic Steel Inc), Credit Agreement (Olympic Steel Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 4.6 and 4.7, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) hereof 4.4 hereof, except for any conversions or refundings of Prime-based Advances, shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Security Agreement (Aspect Communications Corp), Credit Agreement (Olympic Steel Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 5.2 and 5.3 above, all accrued and unpaid interest on any Revolving Credit Advance refunded or converted pursuant to Section 2.1(c) 2.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Credit Agreement (Valassis Communications Inc), Credit Agreement (Valassis Communications Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)the preceding sections, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c2.A.3 hereof (except for refundings or conversions of Base Rate Advances) hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Assignment Agreement (Universal Truckload Services, Inc.), Credit and Term Loan Agreement (LINC Logistics Co)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 3A.6 and 3A.7, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 3A.4 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)the preceding sections, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c2.3 or 2.5(d) hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Staktek Holdings Inc), Revolving Credit Agreement (Multimedia Games Inc)

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Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 4.2 and 4.3, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 2.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Meadowbrook Insurance Group Inc), Revolving Credit Agreement (Meadowbrook Insurance Group Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 5.1 and 5.2, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 2.3, Section 4A.3 or Section 4B.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 6.1 and 6.2, all accrued and unpaid interest on any Revolving Credit Advance refunded or converted pursuant to Section 2.1(c) 2.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 1 contract

Samples: Credit Agreement (Jacobson Stores Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 4.8 and 4.9, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) hereof 4.6 hereof, except for any conversions or refundings of Prime-based Advances, shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (MSC Software Corp)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 5.2 and 5.3, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 2.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 1 contract

Samples: Security Agreement (Aqua Chem Inc)

Interest Payments on Conversions. Notwithstanding anything to the contrary in Section 2.4(a) or (b)Sections 3.2 and 3.3 above, all accrued and unpaid interest on any Advance refunded or converted pursuant to Section 2.1(c) 2.3 hereof shall be due and payable in full on the date such Advance is refunded or converted.

Appears in 1 contract

Samples: Revolving Credit Agreement (Valassis Communications Inc)

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