Common use of Interest Rate and Payment Dates Clause in Contracts

Interest Rate and Payment Dates. (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period therefor on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period plus the Applicable Margin. (b) Each Base Rate Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Base Rate determined for such day. (c) Each C$ Prime Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Canadian Prime Rate determined for such day. (d) If all or a portion of (i) the principal amount of any Loan, (ii) any interest payable thereon or (iii) any Facility Fee, Acceptance Fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is (x) in the case of overdue principal, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section 4.3 plus 1% or (y) in the case of any overdue interest, Facility Fee, Acceptance Fee or other amount, the rate described in Section 4.3(b) (in the case of amounts payable in Dollars) or 4.3(c) (in the case of amounts payable in C$) plus 1%, in each case from the date of such non-payment to (but excluding) the date on which such amount is paid in full (as well after as before judgment). (e) Interest shall be payable in arrears (i) with respect to Eurodollar Loans having an Interest Period of three months or less, on the last day of such Interest Period, (ii) with respect to Eurodollar Loans having an Interest Period longer than three months, on each day which is three months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (iii) with respect to Base Rate Loans and C$ Prime Loans, on the last day of each March, June, September and December, and (iv) with respect to all Loans, upon each repayment, prepayment or conversion thereof; provided that interest accruing pursuant to Section 4.3(d) shall be payable on demand. Interest payable in respect of U.S. R/C Loans shall be payable in Dollars by CFC and interest payable in respect of C$ Loans shall be payable in C$ by CCCL (subject to Section 12). (f) The amount of interest on any Eurodollar Loans to be paid on any date as specified in paragraph (e) above shall in each case be determined under the assumption that the U.S. Utilization for the Utilization Period(s) during which such interest accrued was less than 50%. On the first Business Day following the last day of each Excess U.S. Utilization Period, CFC shall pay to the Administrative Agent, for the benefit of the US$ Banks, an additional amount of interest equal to the excess (if any) of (i) the amount of interest which accrued during such Excess U.S. Utilization Period after giving effect to the actual U.S. Utilization for such Utilization Period (whether or not such accrued interest was actually payable during such Utilization Period) over (ii) the amount of interest which would have accrued during such Utilization Period if the U.S. Utilization during such Utilization Period had been less than 50%.

Interest Rate and Payment Dates. (a) Each The Eurodollar Loan Loans shall bear interest for each day during each Interest Period therefor on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period in accordance with the terms hereof plus the Applicable MarginMargin in effect on the first day of such Interest Period. (b) Each The Base Rate Loan Loans shall bear interest for each day on the unpaid principal amount thereof, for each day from the date such Base Rate Loans are made until the maturity thereof (whether at the stated maturity, by acceleration or otherwise) at a rate per annum equal to the Base Rate determined for such day. (c) Each C$ Prime Loan shall bear interest for each day on the unpaid principal amount thereof, for each day from the date such C$ Prime Loans are made until the maturity thereof (whether at the stated maturity, by acceleration or otherwise), at a rate per annum equal to the Canadian Prime Rate determined for such day. (d) If all or a portion of (i) the principal amount of any Facility Loan, (ii) any interest payable thereon or (iii) any Facility Fee, Acceptance Fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), ) such overdue amount shall bear interest for each day from the date of such non-payment until paid in full (both before and after judgment) at a rate per annum which is (x) in the case of overdue principal, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section 4.3 subsection 4.2 plus 1% 2%, or (y) in the case of any overdue interest, Facility Fee, Acceptance Fee or other amount, the rate described in Section 4.3(bsubsection 4.2(b) (in the case of amounts payable in Dollars) or 4.3(c4.2(c) (in the case of amounts payable in C$) plus 12%, in each case from the date of such non-payment to (but excluding) the date on which such amount is paid in full (as well after as before judgment). (e) Interest shall be payable in arrears (i) with respect to Eurodollar Loans having an Interest Period of three months or less, on the last day of such Interest Period, (ii) with respect to Eurodollar Loans having an Interest Period longer than three months, on each day which is three months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (iii) with respect to Base Rate Loans and C$ Prime Loans, on the last day of each March, June, September and December, and (iv) with respect to all Facility Loans, upon each repayment, prepayment or conversion thereof; provided that interest accruing pursuant to Section 4.3(dsubsection 4.2(d) shall be payable on demand. Interest payable in respect of U.S. R/C Loans shall be payable in Dollars by CFC Chrysler and interest payable in respect of C$ Loans shall be payable in C$ by CCCL Chrysler Canada (subject to Section 12). (f) The amount of interest on any Eurodollar Loans to be paid on any date as specified in paragraph (e) above shall in each case be determined under the assumption that the U.S. Utilization for the Utilization Period(s) during which such interest accrued was less than 50%. On the first Business Day following the last day of each Excess U.S. Utilization Period, CFC Chrysler shall pay to the Administrative Agent, for the benefit of the US$ Banks, an additional amount of interest equal to the excess (if any) of (i) the amount of interest which accrued during such Excess U.S. Utilization Period after giving effect to the actual U.S. Utilization for such Utilization Period (whether or not such accrued interest was actually payable during such Utilization Period) over (ii) the amount of interest which would have accrued during such Utilization Period if the U.S. Utilization during such Utilization Period had been less than 50%.

Interest Rate and Payment Dates. (a) Each Eurodollar LIBOR Loan shall bear interest for each day during each Interest Period therefor on the unpaid principal amount thereof with respect thereto at a rate per annum equal to the Eurodollar LIBOR Rate determined for such Interest Period plus the Applicable Margin. (b) Each Base Rate ABR Loan shall bear interest for each day on the unpaid principal amount thereof, period from and including the date thereof until maturity at a rate per annum equal to the Base Rate determined for such dayABR plus the Applicable Margin. (c) Each C$ Prime Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Canadian Prime Rate determined for such day. (d) If all or a portion of (i) the principal amount of any LoanLoan or any reimbursement obligation, (ii) any interest payable thereon or (iii) any Facility Feecommitment fee, Acceptance Fee commission or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is (xA) the rate pursuant to paragraph (a) of this subsection plus 2% or (B) in the case of overdue principalamounts in Dollars, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section 4.3 plus 1% or (y) in the case of any overdue interest, Facility Fee, Acceptance Fee or other amountif higher, the rate described in Section 4.3(bparagraph (b) (in the case of amounts payable in Dollars) or 4.3(c) (in the case of amounts payable in C$) this subsection 2.11 plus 12%, in each case from the date of such non-payment to (but excluding) the date on which until such amount is paid in full (as well after as before judgment). The Administrative Agent may choose any Interest Period from time to time (including one Interest Period of shorter than one month) with respect to any overdue amount bearing interest based upon paragraph (a) of this subsection. (ed) Interest shall be payable in arrears (i) with respect to Eurodollar Loans having an Interest Period of three months or less, on the last day of such Interest Period, (ii) with respect to Eurodollar Loans having an Interest Period longer than three months, on each day which is three monthsInterest Payment Date, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (iii) with respect to Base Rate Loans and C$ Prime Loans, on the last day of each March, June, September and December, and (iv) with respect to all Loans, upon each repayment, prepayment or conversion thereof; provided except that interest accruing payable pursuant to Section 4.3(dsubsection 2.11(c) shall be payable on upon demand. Interest payable in respect of U.S. R/C Loans shall be payable in Dollars by CFC and interest payable in respect of C$ Loans shall be payable in C$ by CCCL (subject to Section 12). (f) The amount of interest on any Eurodollar Loans to be paid on any date as specified in paragraph (e) above shall in each case be determined under the assumption that the U.S. Utilization for the Utilization Period(s) during which such interest accrued was less than 50%. On the first Business Day following the last day of each Excess U.S. Utilization Period, CFC shall pay to the Administrative Agent, for the benefit of the US$ Banks, an additional amount of interest equal to the excess (if any) of (i) the amount of interest which accrued during such Excess U.S. Utilization Period after giving effect to the actual U.S. Utilization for such Utilization Period (whether or not such accrued interest was actually payable during such Utilization Period) over (ii) the amount of interest which would have accrued during such Utilization Period if the U.S. Utilization during such Utilization Period had been less than 50%.

Interest Rate and Payment Dates. (a) Each Eurodollar LIBOR Loan shall bear interest for each day during each Interest Period therefor on the unpaid principal amount thereof with respect thereto at a rate per annum equal to the Eurodollar LIBOR Rate determined for such Interest Period plus the Applicable Margin. (b) Each Base Rate ABR Loan shall bear interest for each day on the unpaid principal amount thereof, period from and including the date thereof until maturity at a rate per annum equal to the Base Rate determined for such dayABR plus the Applicable Margin. (c) Each C$ Prime Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Canadian Prime Rate determined for such day. (d) If all or a portion of (i) the principal amount of any LoanLoan or any reimbursement obligation, (ii) any interest payable thereon or (iii) any Facility Feefacility fee, Acceptance Fee commission or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is (xA) the rate pursuant to paragraph (a) of this subsection plus 2% or (B) in the case of overdue principalamounts in Dollars, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section 4.3 plus 1% or (y) in the case of any overdue interest, Facility Fee, Acceptance Fee or other amountif higher, the rate described in Section 4.3(bparagraph (b) (in the case of amounts payable in Dollars) or 4.3(c) (in the case of amounts payable in C$) this subsection 2.15 plus 12%, in each case from the date of such non-payment to (but excluding) the date on which until such amount is paid in full (as well after as before judgment). The Administrative Agent may choose any Interest Period from time to time (including one Interest Period of shorter than one month) with respect to any overdue amount bearing interest based upon paragraph (a) of this subsection. (ed) Interest shall be payable in arrears (i) with respect to Eurodollar Loans having an Interest Period of three months or less, on the last day of such Interest Period, (ii) with respect to Eurodollar Loans having an Interest Period longer than three months, on each day which is three monthsInterest Payment Date, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (iii) with respect to Base Rate Loans and C$ Prime Loans, on the last day of each March, June, September and December, and (iv) with respect to all Loans, upon each repayment, prepayment or conversion thereof; provided except that interest accruing payable pursuant to Section 4.3(dsubsection 2.15(c) shall be payable on upon demand. Interest payable in respect of U.S. R/C Loans shall be payable in Dollars by CFC and interest payable in respect of C$ Loans shall be payable in C$ by CCCL (subject to Section 12). (f) The amount of interest on any Eurodollar Loans to be paid on any date as specified in paragraph (e) above shall in each case be determined under the assumption that the U.S. Utilization for the Utilization Period(s) during which such interest accrued was less than 50%. On the first Business Day following the last day of each Excess U.S. Utilization Period, CFC shall pay to the Administrative Agent, for the benefit of the US$ Banks, an additional amount of interest equal to the excess (if any) of (i) the amount of interest which accrued during such Excess U.S. Utilization Period after giving effect to the actual U.S. Utilization for such Utilization Period (whether or not such accrued interest was actually payable during such Utilization Period) over (ii) the amount of interest which would have accrued during such Utilization Period if the U.S. Utilization during such Utilization Period had been less than 50%.

Interest Rate and Payment Dates. (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period therefor on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period plus the Applicable Margin. (b) Each Base Rate Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Base Rate determined for such day. (c) Each C$ Prime Loan shall bear interest for each day on the unpaid principal amount thereof, at a rate per annum equal to the Canadian Prime Rate determined for such day. (d) If all or a portion of (i) the principal amount of any Facility Loan, (ii) any interest payable thereon or (iii) any Facility Fee, Acceptance Fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is (x) in the case of overdue principal, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section 4.3 plus 1% or (y) in the case of any overdue interest, Facility Fee, Acceptance Fee or other amount, the rate described in Section 4.3(b) (in the case of amounts payable in Dollars) or 4.3(c) (in the case of amounts payable in C$) plus 1%, in each case from the date of such non-payment to (but excluding) the date on which such amount is paid in full (as well after as before judgment). (e) Interest shall be payable in arrears (i) with respect to Eurodollar Loans having an Interest Period of three months or less, on the last day of such Interest Period, (ii) with respect to Eurodollar Loans having an Interest Period longer than three months, on each day which is three months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (iii) with respect to Base Rate Loans and C$ Prime Loans (other than L/F Loans which do not constitute Unrefunded L/F Loans), on the last day of each March, June, September and December, and (iv) with respect to all Facility Loans, upon each repayment, prepayment or conversion thereofthereof (including, in the case of L/F Loans, upon any refunding thereof pursuant to Section 2.3(b) or 3.4(b), as the case may be); provided that interest accruing pursuant to Section 4.3(d) shall be payable on demand. Interest payable in respect of U.S. R/C Loans shall be payable in Dollars by CFC and interest payable in respect of C$ Loans shall be payable in C$ by CCCL (subject to Section 12). (f) The amount of interest on any Eurodollar Loans to be paid on any date as specified in paragraph (e) above shall in each case be determined under the assumption that the U.S. Utilization for the Utilization Period(s) during which such interest accrued was less than 50%. On the first Business Day following the last day of each Excess U.S. Utilization Period, CFC shall pay to the Administrative Agent, for the benefit of the US$ Banks, an additional amount of interest equal to the excess (if any) of (i) the amount of interest which accrued during such Excess U.S. Utilization Period after giving effect to the actual U.S. Utilization for such Utilization Period (whether or not such accrued interest was actually payable during such Utilization Period) over (ii) the amount of interest which would have accrued during such Utilization Period if the U.S. Utilization during such Utilization Period had been less than 50%.