Obligation to pay interest Sample Clauses

Obligation to pay interest. To the extent that any Lender shall fail to pay any amount required to be paid pursuant to Section 3.4 and Section 3.5 on the due date therefor, such Lender shall pay interest to the Letter of Credit Issuer (through the Administrative Agent) on such amount from such due date to the date such payment is made at a rate per annum equal to the Federal Funds Rate; provided that if such Lender shall fail to make such payment to the Letter of Credit Issuer within three (3) Business Days of such due date, then, retroactively to the due date, such Lender shall be obligated to pay interest on such amount at the rate set forth in Section 2.8(c).
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Obligation to pay interest. (a) The Borrower must pay interest on each Loan made available to it and on any Unpaid Sum on the last day of each Interest Period.
Obligation to pay interest. The Guarantor agrees to pay interest on any amount under this Guarantee and Indemnity which:
Obligation to pay interest. Subject to the Conversion Provisions, the Borrower shall be obligated to pay Initial Term Loan Interest on the Principal with respect to the Initial Term Loan, on the Initial Term Loan Maturity Date, and pay Additional Term Loan Interest on the Principal with respect to the Additional Term Loan, on the Additional Term Loan Maturity Date. The Interest continues to accrue on the date hereof and all Interest accrued under the Existing Agreement shall continue hereunder.
Obligation to pay interest. The Borrowers hereby undertake to pay to the Lenders from the day the first Drawdown is made interest on the principal amount of the Loans outstanding from time to time and on any accrued and unpaid interest (both before and after judgement) (provided such interest on accrued and unpaid interest is allowed under applicable law) on the Loans at any time outstanding.
Obligation to pay interest. The Guarantor agrees to pay interest on any amount under this Guarantee which is not paid on the due date for payment. The Guarantor must pay to the Seller on demand interest on the due amount at the Interest Rate, with interest to accrue from the due date until the date of actual payment, calculated daily on the basis of a 365 day year and capitalised daily.
Obligation to pay interest. 3.2.1 To pay Interest on so much of the rents, reviewed rents, and other monies payable under this Lease as remain unpaid seven days after they have become due from the date that they became due until the payment is made to the Landlord
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Obligation to pay interest. The Guarantor agrees to pay interest on any amount under this guarantee and indemnity (other than under clause 2.2 (“Guarantee”)) which is not paid on the due date for payment. The interest accrues daily from (and including) the due date to (but excluding) the date of actual payment and is calculated on actual days elapsed and a year of 365 days. The rate of interest applying to each daily balance is the Default Rate. The Guarantor agrees to pay interest under this clause on demand from the Trustee.
Obligation to pay interest. The Borrowers must pay interest on each Interest Payment Date in the amount that is calculated in arrear (nachschüssig) for the period since the immediately preceding Interest Payment Date.
Obligation to pay interest. The Borrower shall be obligated to pay Interest on the Principal upon the Maturity Date. The Interest commences to accrue on the date hereof.
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