New Facility. The Company shall pay interest to NBD on the unpaid principal amount of the New Facility, from the date hereof until the New Facility is paid in full, on each Interest Payment Date and on the Termination Date, and thereafter on demand, at the Eurodollar Rate, if the loan is a Eurodollar Rate Loan, and at the Floating Rate, if the loan is a Floating Rate Loan.
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Sources: Credit Agreement and Term Loan Agreement (Hurco Companies Inc)
New Facility. The Company shall pay interest to NBD on the unpaid principal amount of the New Facility, from the date hereof until the New Facility is paid in full, on each Interest Payment Date and on the Termination Date, and thereafter on demand, at the Eurodollar Rate, if the loan is a Eurodollar Rate Loan, and at the Floating Rate, if the loan is a Floating Rate Loan.
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