Common use of Interim Interest Clause in Contracts

Interim Interest. If the applicable Issuing Lender shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e), then Section 2.08 shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 17 contracts

Sources: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.06 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 17 contracts

Sources: Credit Agreement (Roku, Inc), Credit Agreement (ExlService Holdings, Inc.), Credit Agreement (Integral Ad Science Holding Corp.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 15 contracts

Sources: Credit Agreement (CompoSecure, Inc.), Credit Agreement (Potbelly Corp), Credit Agreement (F45 Training Holdings Inc.)

Interim Interest. If the applicable any Issuing Lender shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC DisbursementDisbursement by payment or by an ABR Loan, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement within one Business Day of the date when due pursuant to Section 2.02(e)3.5, then Section 2.08 2.8(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) 3.5 to reimburse the applicable an Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 14 contracts

Sources: Credit Agreement (SOUTHERN CALIFORNIA EDISON Co), Credit Agreement, Credit Agreement

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 12 contracts

Sources: Credit Agreement (Rivian Automotive, Inc. / DE), Credit Agreement (Rivian Automotive, Inc. / DE), Credit Agreement (Rivian Automotive, Inc. / DE)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursementreimbursement is due and payable, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 12 contracts

Sources: Credit Agreement (Ugi Corp /Pa/), Limited Waiver and Fourth Amendment to Third Amended and Restated Credit Agreement (Eagle Pharmaceuticals, Inc.), Credit Agreement (Ugi Corp /Pa/)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR CBFR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 11 contracts

Sources: Credit Agreement (Opko Health, Inc.), Credit Agreement (Highland Transcend Partners I Corp.), Credit Agreement (Opko Health, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 9 contracts

Sources: Credit Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Credit Agreement (Kimball International Inc), Credit Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower (or any other account party) reimburses such LC Disbursement, at the rate per annum then applicable to ABR Base Rate Revolving LoansLoans under the applicable Revolving Facility; provided that, if the a Borrower fails to reimburse (including by a Borrowingor cause another account party to reimburse) such LC Disbursement when due pursuant to Section 2.02(e2.04(e), then Section 2.08 2.11(c) shall applyapply from such due date until such reimbursement is made. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, Bank making such LC Disbursement except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e)(ii) to reimburse the applicable an Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 8 contracts

Sources: Credit Agreement, Credit Agreement (Aramark), Incremental Amendment (Aramark)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursementreimbursement is due and payable, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 7 contracts

Sources: Credit Agreement (Wellcare Health Plans, Inc.), Credit Agreement (Eagle Pharmaceuticals, Inc.), Credit Agreement (Almost Family Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13 (c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 7 contracts

Sources: Credit Agreement (Pattern Group Inc.), Credit Agreement (Pattern Group Inc.), Credit Agreement (Pattern Group Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the applicable Borrower reimburses such LC Disbursement, Disbursement at the rate per annum then applicable to ABR Revolving Loans; provided that, if the applicable Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.05, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be paid to the Administrative Agent for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.05 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 6 contracts

Sources: Credit Agreement (Krispy Kreme, Inc.), Incremental Assumption Agreement and Amendment No. 1 to Credit Agreement (Krispy Kreme, Inc.), Master Amendment (Krispy Kreme, Inc.)

Interim Interest. If the applicable Issuing Lender Bank(s) for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Credit Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.04, then Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank(s), except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to paragraph (e) of this Section 2.02(e) 2.04 to reimburse the applicable such Issuing Lender Bank(s) shall be for the account of such Lender to the extent of such payment.

Appears in 6 contracts

Sources: Amendment (SPRINT Corp), Incremental Facility Amendment (SPRINT Corp), Incremental Facility Amendment (SPRINT Corp)

Interim Interest. If the applicable Issuing Lender shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (d) of this Section, then Section 2.08 2.11(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 5 contracts

Sources: Credit Agreement (WaterBridge Infrastructure LLC), Credit Agreement (SJW Group), Credit Agreement (SJW Group)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Company shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower Company reimburses such LC Disbursement, at the rate per annum then applicable Interest Rate otherwise applicable to ABR Revolving Loans, payable when the reimbursement of such LC Disbursement is payable; provided that, if the Borrower Company fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e2.4 (whether because of the failure to satisfy any condition set forth herein or otherwise), then Section 2.08 the Default Rate of interest shall apply. Interest accrued pursuant to this paragraph clause (h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Funding Agent, on behalf of its Lender Group, pursuant to clause (e) of this Section 2.02(e) 2.4 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Funding Agent for distribution to its Lender Group to the extent of such payment.

Appears in 5 contracts

Sources: u.s. Receivables Loan Agreement (Huntsman International LLC), u.s. Receivables Loan Agreement (Huntsman International LLC), u.s. Receivables Loan Agreement, u.s. Servicing Agreement, u.s. Receivables Purchase Agreement (Huntsman International LLC)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 5 contracts

Sources: Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (Haynes International Inc)

Interim Interest. If the applicable Issuing Lender shall make any LC DisbursementDisbursement with respect to a Letter of Credit is made, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)2.11A, then Section 2.08 2.2D shall apply. Interest With respect to any Fronted Letter of Credit, interest accrued pursuant to this paragraph shall be for the account of the applicable relevant Fronted LC Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) 2.11C to reimburse the applicable such LC Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 5 contracts

Sources: Credit Agreement (Assurant, Inc.), Credit Agreement (Assurant, Inc.), Credit Agreement (Assurant Inc)

Interim Interest. If the applicable Issuing Lender shall make any LC DisbursementDisbursement in respect of any Letter of Credit, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Credit Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.4, then interest calculated in accordance with Section 2.08 2.13(c) shall applyaccrue on the unpaid amount thereof. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to paragraph (e) of this Section 2.02(e) 2.4 to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 5 contracts

Sources: Credit Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 5 contracts

Sources: Credit Agreement (Fortune Brands Innovations, Inc.), Credit Agreement (MasterBrand, Inc.), Credit Agreement (MasterBrand, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursementreimbursement is due and payable, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 4 contracts

Sources: Credit Agreement (Sprouts Farmers Market, Inc.), Credit Agreement (Sprouts Farmers Market, Inc.), Credit Agreement (LHC Group, Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 4 contracts

Sources: Credit Agreement (Vital Farms, Inc.), Credit Agreement (Nerdwallet, Inc.), Credit Agreement (Nerdwallet, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursementreimbursement is due and payable, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 4 contracts

Sources: Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit Agreement (Xenia Hotels & Resorts, Inc.)

Interim Interest. If the applicable Issuing Lender shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to Alternative Currency Revolving Loans denominated in Dollars which are ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)3.5, then Section 2.08 2.14(c) shall apply. Interest accrued pursuant to this paragraph Section shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Alternative Currency Revolving Lender pursuant to Section 2.02(e) 3.5 to reimburse the applicable Issuing Lender shall be for the account of such Alternative Currency Revolving Lender to the extent of such payment.

Appears in 4 contracts

Sources: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is mademade (whether with the proceeds of a Revolving Loan or otherwise), the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.13(e), then Section 2.08 2.06(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.13(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 4 contracts

Sources: Ratification and Amendment Agreement (Cenveo, Inc), Credit Agreement (Cenveo, Inc), Abl Credit Agreement

Interim Interest. If the applicable Issuing Lender shall make any LC DisbursementDisbursement in respect of any Letter of Credit, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Credit Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.4, then interest calculated in accordance with Section 2.08 2.12(c) shall applyaccrue on the unpaid amount thereof. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to paragraph (e) of this Section 2.02(e) 2.4 to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 4 contracts

Sources: Credit Agreement (Affinity Group Inc), Credit Agreement (Affinity Group Holding, Inc.), Credit Agreement (Affinity Group Holding Inc)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR CBFR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 3 contracts

Sources: Credit Agreement (Kodiak Gas Services, Inc.), Credit Agreement (Kodiak Gas Services, Inc.), Credit Agreement (Kodiak Gas Services, Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.06 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 3 contracts

Sources: Incremental Facility Amendment (Jamf Holding Corp.), Credit Agreement (Jamf Holding Corp.), Incremental Facility Amendment (Jamf Holding Corp.)

Interim Interest. If the applicable Issuing Lender for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum equal to the rate per annum then applicable to Revolving Credit ABR Revolving Loans; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such applicable LC Disbursement when due pursuant to Section 2.02(e2.05(f), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.05(i) shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.05(f) to reimburse the applicable such Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 3 contracts

Sources: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless until the Borrower shall reimburse (including by a Borrowing) have reimbursed the Issuing Bank for such LC Disbursement in full not later than the first Business Day following the date such LC Disbursement is made(either with its own funds or a Borrowing under Section 2.08(e)), the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.08(e), then Section 2.08 3.02(c) shall apply. Interest accrued pursuant to this paragraph Section 2.08(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.08(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 3 contracts

Sources: Credit Agreement (Cabot Oil & Gas Corp), Credit Agreement (Cabot Oil & Gas Corp), Credit Agreement (Cabot Oil & Gas Corp)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Charlotte's Web Holdings, Inc.), Credit Agreement (Charlotte's Web Holdings, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Relevant Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Relevant Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans or Canadian Prime Loans, as applicable; provided that, if the such Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due and payable pursuant to paragraph (e) of this Section 2.02(e)2.13, then Section 2.08 2.06(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.13 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due and payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Clear Secure, Inc.), Credit Agreement (Clear Secure, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Kirby Corp), Credit Agreement (Kirby Corp)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Relevant Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Relevant Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Tranche A Revolving Loans that are Base Rate Loans; provided that, if the such Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due and payable pursuant to paragraph (e) of this Section 2.02(e)2.13, then Section 2.08 2.06(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Tranche A Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.13 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower (or any other account party) reimburses such LC Disbursement, at in the case of a Revolving LC Disbursement, the rate per annum then applicable to ABR Revolving LoansLoans commencing on the date of such LC Disbursement; provided that, if the Borrower fails to reimburse (including by a Borrowingor cause another account party to reimburse) such LC Disbursement when due pursuant to Section 2.02(e2.06(e), then Section 2.08 2.08(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank making such LC Disbursement, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e)(ii) to reimburse the applicable an Issuing Lender Bank, shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Rural/Metro Corp /De/), Credit Agreement (Rural/Metro Corp /De/)

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the applicable Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)3.05, then Section 2.08 2.04(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) 3.05 to reimburse the applicable such Issuing Lender Bank for such LC Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement (Avangrid, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.04(e), then Section 2.08 2.12(b) shall apply. Interest accrued pursuant to this paragraph Section 2.04(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower US Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses US Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails US Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.6(e), then Section 2.08 2.13(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any US Revolving Lender pursuant to Section 2.02(e2.6(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Stewart & Stevenson LLC), Credit Agreement (Stewart & Stevenson Funding Corp.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Fortune Brands Home & Security, Inc.), Credit Agreement (Fortune Brands Home & Security, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans, and such interest is due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (ANTERO RESOURCES Corp), Credit Agreement (ANTERO RESOURCES Corp)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Indus Realty Trust, Inc.), Credit Agreement (Indus Realty Trust, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.05(f), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable relevant Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.05(f) to reimburse the applicable an Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Reynolds American Inc), Credit Agreement (Reynolds American Inc)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (Keurig Dr Pepper Inc.), Credit Agreement (Keurig Dr Pepper Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.14(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 2 contracts

Sources: Credit Agreement (USA Compression Partners, LP), Credit Agreement (Archrock Partners, L.P.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Relevant Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Relevant Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving U.S. Base Rate Loans or Canadian Prime Rate Loans, as applicable; provided that, if the such Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.13(e), then Section 2.08 2.06(f) shall apply. Interest accrued pursuant to this paragraph clause (h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.13(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Resolute Forest Products Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansBase Rate Loans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.04(e), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.04(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Aris Water Solutions, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Relevant Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Relevant Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving U.S. Base Rate Loans or Canadian Prime Loans, as applicable; provided that, if the such Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.13, then Section 2.08 2.06(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.13 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Resolute Forest Products Inc.)

Interim Interest. If the applicable an Issuing Lender shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Superior Energy Services Inc)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Ethan Allen Interiors Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Administrative Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Administrative Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Base Rate Tranche A Revolving Loans; provided that, if the Administrative Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.05(e), then Section 2.08 2.12(cd) shall apply. Interest accrued pursuant to this paragraph Section 2.05(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Tranche A Revolving Lender pursuant to Section 2.02(e2.05(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.14(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Archrock Partners, L.P.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving Loans; Loans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBanks, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Banks shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Masimo Corp)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(df) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Tetra Technologies Inc)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving |US-DOCS\159511341907.1259.8|| Lender pursuant to clause (e) of this Section 2.02(e) 2.06 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Integral Ad Science Holding Corp.)

Interim Interest. If the applicable Issuing Lender L/C Issuer for any standby Letter of Credit shall make any LC DisbursementLetter of Credit disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement Letter of Credit disbursement in full not later than the first Business Day following on the date such LC Disbursement Letter of Credit disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement Letter of Credit disbursement is made to but excluding the date that the Borrower reimburses such LC DisbursementLetter of Credit disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement Letter of Credit disbursement when due pursuant to clause (f) of this Section 2.02(e)2.03, then Section 2.08 2.08(b) shall apply. Interest accrued pursuant to this paragraph clause (p) shall be for the account of the applicable Issuing Lendersuch L/C Issuer, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (f) of this Section 2.02(e) 2.03 to reimburse the applicable Issuing Lender such L/C Issuer shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Apogee Enterprises, Inc.)

Interim Interest. If the applicable LC Issuing Lender shall make any LC DisbursementDisbursement in respect of any Letter of Credit, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Credit Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.04, then Section 2.08 2.11(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable LC Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to paragraph (e) of this Section 2.02(e) 2.04 to reimburse the applicable LC Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Nl Industries Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.2(d), then interest shall accrue at the default rate pursuant to Section 2.08 shall apply2.5(b). Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.2(d) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Loan and Security Agreement (Trupanion Inc.)

Interim Interest. If the applicable Issuing Lender for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to Revolving Credit ABR Revolving Loans; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.05(f), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.05(i) shall be for the account of the applicable such Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to Section 2.02(e2.05(f) to reimburse the applicable such Issuing Lender shall be for the account of such Revolving Credit Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Geo Group Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the U.S. Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the U.S. Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LC Loans; provided that, if the U.S. Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (f) of this Section 2.02(e)2.06, then Section 2.08 2.08(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving LC Lender pursuant to paragraph (f) of this Section 2.02(e) 2.06 to reimburse the applicable Issuing Lender Bank shall be for the account of such Revolving LC Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Crown Holdings Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.11(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (SEACOR Marine Holdings Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the applicable Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.05, then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.05 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Murphy Oil Corp /De)

Interim Interest. If the applicable Issuing Lender shall make Bank makes any LC Disbursement, then, unless the Borrower shall Borrowers reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall will bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR CBFR Revolving LoansLoans and such interest will be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.06(e), then Section 2.08 shall 2.13(d) will apply. Interest accrued pursuant to this paragraph shall clause will be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable Issuing Lender shall Bank will be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Allbirds, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.08(e), then Section 2.08 3.02(c) shall apply. Interest accrued pursuant to this paragraph Section 2.08(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.08(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Interim Interest. If the applicable a Letter of Credit Issuing Lender Bank shall make any LC DisbursementDrawing Payment, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement Drawing Payment in full not later than the first Business Day following on the date such LC Disbursement Drawing Payment is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement Drawing Payment is made to but excluding the date that the Borrower reimburses such LC DisbursementDrawing Payment in full, at a rate equal to the rate Base Rate, in effect from time to time, plus the Applicable Margin for Base Rate Loans plus 0.25% per annum then applicable to ABR Revolving Loansannum; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement Drawing Payment when due pursuant to Section 2.02(e)2.4(d)(iv) through the conversion to an LC Loan or otherwise, then Section 2.08 such overdue amount shall applybear additional interest (after as well as before judgment) at a rate equal to 2% per annum. Interest accrued pursuant to this paragraph shall be for the account of the applicable Letter of Credit Issuing LenderBank, except that provided that, for the avoidance of doubt, any interest accrued in accordance with Section 2.5 on and after the date of payment by any Revolving LC Lender pursuant to Section 2.02(e2.4(d)(iii) to reimburse the applicable such Letter of Credit Issuing Lender Bank shall be for the account of such LC Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Macquarie Infrastructure Corp)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is mademade (whether directly or through a Loan), the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement (whether directly or through a Loan) when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Par Pharmaceutical Companies, Inc.)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is mademade (whether directly or through a Loan), the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement (whether directly or through a Loan) when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Par Pharmaceutical Companies, Inc.)

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC L/C Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC L/C Disbursement in full not later than the first Business Day following on the date such LC L/C Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC L/C Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC L/C Disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans; provided that, that if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC L/C Disbursement when due pursuant to Section 2.02(e2.05(f), then Section 2.08 2.11(b) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.05(f) to reimburse the applicable such Issuing Lender Bank for such L/C Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Revolving Credit and Guaranty Agreement (Varex Imaging Corp)

Interim Interest. If the applicable Issuing Lender shall make Bank makes any LC Disbursement, then, unless the Borrower shall Borrowers reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall will bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest will be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.06(e), then Section 2.08 shall 2.13(d) will apply. Interest accrued pursuant to this paragraph shall clause will be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable Issuing Lender shall Bank will be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Francesca's Holdings CORP)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Administrative Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, that if the Administrative Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Idexx Laboratories Inc /De)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is due; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13 (c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Pattern Group Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(cd) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.06 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Align Technology Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Company shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower Company reimburses such LC Disbursement, at the rate per annum then applicable Interest Rate otherwise applicable to ABR Revolving Loans, payable when the reimbursement of such LC Disbursement is payable; provided that, if the Borrower Company fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e2.4 (whether because of the failure to satisfy any condition set forth herein or otherwise), then Section 2.08 the Default Rate of interest shall apply. Interest accrued pursuant to this paragraph clause (h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Committed Lender pursuant to clause (e) of this Section 2.02(e) 2.4 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Committed Lender to the extent of such payment.

Appears in 1 contract

Sources: u.s. Receivables Loan Agreement (Huntsman CORP)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansBase Rate Loans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when ​ ​ ​ ​ due pursuant to Section 2.02(e2.04(e), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.04(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Aris Water Solutions, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and 27 payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(c) shall applyapply with respect to such unreimbursed amount. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (O Reilly Automotive Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Company shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower Company reimburses such LC Disbursement, at the rate per annum then applicable Interest Rate otherwise applicable to ABR Revolving Loans, payable when the reimbursement of such LC Disbursement is payable; provided that, if the Borrower Company fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e2.4 (whether because of the failure to satisfy any condition set forth herein or otherwise), then Section 2.08 the Default Rate of interest shall apply. Interest accrued pursuant to this paragraph clause (h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Committed Lender pursuant to clause (e) of this Section 2.02(e) 2.4 to reimburse the applicable Issuing Lender Bank shall be for the account of such Committed Lender to the extent of such payment.

Appears in 1 contract

Sources: u.s. Receivables Loan Agreement (Huntsman CORP)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Kirby Corp)

Interim Interest. If the applicable Issuing Lender for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansBase Rate Borrowings; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.5(f), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.5(j) shall be for the account of the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to Section 2.02(e2.5(e) to reimburse the applicable Issuing Lender shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Wayne Farms, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.06 to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Clarus Corp)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC DisbursementDisbursement with respect to a Letter of Credit issued by such Issuing Bank, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement within two (2) Business Days following the date when due pursuant to clause (f) of this Section 2.02(e)2.05, then the provisions of Section 2.08 2.12(d) shall apply. Interest accrued pursuant to this paragraph clause shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (f) of this Section 2.02(e) 2.05 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Lord Abbett Private Credit Fund S)

Interim Interest. If the applicable any Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Tetra Technologies Inc)

Interim Interest. If the applicable Issuing Lender an LC Issuer shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the a rate per annum (computed in accordance with Section 2.07(a)) equal to the rate then applicable to ABR Revolving Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.03(e), then Section 2.08 2.07(b) shall apply. Interest accrued pursuant to this paragraph Section 2.03(h) shall be for the account of the applicable Issuing LenderLC Issuer, except that interest accrued on and after the date of payment by any Revolving LC Lender pursuant to Section 2.02(e2.03(e) to reimburse the applicable Issuing Lender such LC Issuer shall be for the account of such LC Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Spectrum Brands, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansEurocurrency Loans having an Interest Period of one month’s duration; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement within two Business Days following the date when due pursuant to Section 2.02(e)paragraph (f) of this Section, then the provisions of Section 2.08 2.11(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (f) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment. ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇▇▇▇▇▇▇ US\20318313.19

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement ​ ​ ​ ​ is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided provided, that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to clause (e) of this Section 2.02(e)2.06, then Section 2.08 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to clause (e) of this Section 2.02(e) 2.06 to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Ping Identity Holding Corp.)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower U.S. Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses U.S. Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to U.S. Revolving Loans maintained as ABR Revolving Loans; provided that, that if the Borrower fails U.S. Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.05, then Section 2.08 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable respective Issuing LenderBank, except that interest accrued on and after the date of payment by any U.S. Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.05 to reimburse the applicable such Issuing Lender Bank shall be for the account of such U.S. Revolving Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Intertape Woven Products Services S.A. De C.V.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Lead Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the applicable Lead Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving U.S. Base Rate Loans or Canadian Prime Rate Loans, as applicable; provided thatthat , if the applicable Lead Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.13, then Section 2.08 2.06(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.13 to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Abl Credit Agreement (Performance Sports Group Ltd.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Administrative Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Administrative Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Base Rate Revolving Loans; provided that, if the Administrative Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.05(e), then Section 2.08 2.12(c) shall apply. Interest accrued pursuant to this paragraph Section 2.05(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.05(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, ----------------- then, unless the U.S. Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the U.S. Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Dollar Loans; provided that, if the U.S. Borrower fails to reimburse (including by a Borrowing) such LC -------- Disbursement when due pursuant to paragraph (f) of this Section 2.02(e)2.06, then Section 2.08 2.08(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Dollar Lender pursuant to paragraph (f) of this Section 2.02(e) 2.06 to reimburse the applicable Issuing Lender Bank shall be for the account of such Revolving Dollar Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Crown Holdings Inc)

Interim Interest. If the applicable an Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement Dis- bursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement Dis- bursement is made to but excluding the date that the Borrower (or any other account party) reimburses such LC Disbursement, at the rate per annum then applicable to ABR Base Rate Revolving LoansLoans under the applicable Revolving Facility; provided that, if the a Borrower fails to reimburse (including by a Borrowingor cause another account party to ▇▇▇▇- ▇▇▇▇▇) such LC Disbursement when due pursuant to Section 2.02(e2.04(e), then Section 2.08 2.11(c) shall applyapply from such due date until such reimbursement is made. Interest Inter- est accrued pursuant to this paragraph shall be for the account of the applicable Issuing Lender, Bank making such LC Disbursement except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e)(ii) to reimburse the applicable an Issuing Lender Bank shall be for the account of such Lender to the extent of such paymentpay- ment.

Appears in 1 contract

Sources: Credit Agreement (Aramark)

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than in the first Business Day following applicable currency on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)3.05, then Section 2.08 2.04(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e) 3.05 to reimburse the applicable such Issuing Lender Bank for such LC Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Vse Corp)

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.06(e), then Section 2.08 2.14(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable such Issuing Lender Bank for such LC Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Excelerate Energy, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower Borrowers shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses Borrowers reimburse such LC Disbursement, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be payable on the date when such reimbursement is due; provided that, if the Borrower fails Borrowers fail to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to paragraph (e) of this Section 2.02(e)2.06, then Section 2.08 2.13 shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) 2.06 to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Lucid Group, Inc.)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, that if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.08(e), then Section 2.08 3.02(c) shall apply. Interest accrued pursuant to this paragraph Section 2.08(h) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.08(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Berry Corp (Bry))

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, reimbursement is due and payable at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.06(e), then Section 2.08 2.14(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.06(e) to reimburse the applicable such Issuing Lender Bank for such LC Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Excelerate Energy, Inc.)

Interim Interest. If the applicable Issuing Lender Bank for any Letter of Credit shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on or before the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the applicable Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Base Rate Loans; provided that, if the applicable Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e)2.11(f) hereof, then the second and third sentences of Section 2.08 3.02 hereof shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable such Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender Bank pursuant to Section 2.02(e2.11(e) hereof to reimburse the applicable such Issuing Lender Bank shall be for the account of such Lender Bank to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Pitney Bowes Inc /De/)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC ---------------- Disbursement, then, unless the U.S. Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the U.S. Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR U.S. $ Revolving Loans; provided that, if the U.S. Borrower fails to reimburse (including by a Borrowing) such LC -------- Disbursement when due pursuant to Section 2.02(e)paragraph (e) of this Section, then Section 2.08 2.13(e) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any U.S. $ Revolving Lender pursuant to paragraph (e) of this Section 2.02(e) to reimburse the applicable Issuing Lender Bank shall be for the account of such U.S. $ Revolving Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (United Rentals North America Inc)

Interim Interest. If the applicable Issuing Lender Bank shall make any LC Disbursement, then, unless the applicable Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursementreimbursement is due and payable, at the rate per annum then applicable to ABR Revolving LoansLoans and such interest shall be due and payable on the date when such reimbursement is payable; provided that, if the such Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.04(f), then Section 2.08 2.11(d) shall apply. Interest accrued pursuant to this paragraph Section 2.04(i) shall be for the account of the applicable Issuing LenderBank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.04(e) to reimburse the applicable Issuing Lender Bank for such LC Disbursement shall be for the account of such Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Principal Credit Real Estate Income Trust)

Interim Interest. If the applicable Issuing Lender an LC Issuer shall make any LC Disbursement, then, unless the Borrower shall reimburse (including by a Borrowing) such LC Disbursement in full not later than the first Business Day following on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the a rate per annum (computed in accordance with Section 2.09(a)) equal to the rate then applicable to ABR Revolving Base Rate Loans; provided that, if the Borrower fails to reimburse (including by a Borrowing) such LC Disbursement when due pursuant to Section 2.02(e2.03(e), then Section 2.08 2.09(b) shall apply. Interest accrued pursuant to this paragraph Section 2.03(h) shall be for the account of the applicable Issuing LenderLC Issuer, except that interest accrued on and after the date of payment by any Revolving Lender pursuant to Section 2.02(e2.03(e) to reimburse the applicable Issuing Lender such LC Issuer shall be for the account of such Revolving Lender to the extent of such payment.

Appears in 1 contract

Sources: Credit Agreement (Spectrum Brands, Inc.)