Common use of Monthly Installments Clause in Contracts

Monthly Installments. Except as provided in Section 2.6(b) hereof, Borrowers shall pay to Agent, for the account of Lenders in accordance with their respective Pro Rata Share of such Loan, monthly in arrears on the first Business Day of each month commencing with the month following the month in which the Closing Date falls, interest on the outstanding principal amount of the Loans at the annual rate equal to the Interest Rate applicable to each such Loan.

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

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Monthly Installments. Except as provided in Section 2.6(b(i) hereof, Borrowers shall pay to Agent, for the account of Lenders in accordance with their respective Pro Rata Share of such LoanShare, monthly in arrears on the first last Business Day of each month commencing beginning with the month following the month in which the Closing Date fallsoccurs, interest on the outstanding principal amount of the Base Rate Loans at the annual rate equal to the Interest Rate applicable to each such Loan.the

Appears in 1 contract

Samples: Credit Agreement (Pioneer Standard Electronics Inc)

Monthly Installments. Except as provided in Section 2.6(b) hereof, Borrowers shall pay to Agent, for the account of Lenders in accordance with their respective Pro Rata Share of such Loan, monthly in arrears on the first Business Day of each month commencing beginning with the month following the month in which the Closing Date falls, interest on the outstanding principal amount of the Loans at the annual rate equal to the Interest Rate applicable to each such Loan.

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

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Monthly Installments. Except as provided in Section 2.6(b) hereof, Borrowers Borrower shall pay to Agent, for the account of Lenders in accordance with their respective Pro Rata Share of such Loan, monthly in arrears on the first Business Day of each month commencing with the month following the month in which the Closing Date falls, interest on the outstanding principal amount of the Loans at the annual rate equal to the Interest Rate applicable to each such Loan.

Appears in 1 contract

Samples: Credit Agreement (Clearview Cinema Group Inc)

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