Common use of Payment of Interest by Company Clause in Contracts

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 22.00% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-36 day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored made under any Letters of Credit issued by itsuch Issuing Lender at its request, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date of such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Tranche A Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date of such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Tranche A Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by itit (whether or not Company is the account party thereunder), interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date of such drawing is honored to but excluding through the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date of such drawing is honored to but excluding and including the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate LoansLoans (it being understood that no interest shall be payable for amounts reimbursed on or before the date the drawing is honored). Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365360-day or 366-day year, as the case may be, year for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 22.00% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans; provided, however, that a Lender -------- ------- which fails to perform its obligations to purchase a participation in an unreimbursed drawing pursuant to subsection 3.3C(i) shall not be entitled to receive such excess interest. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, year for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the Base Rate plus the Applicable Revolving Facility Margin for Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay in the Applicable Currency to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365360-day or 366-day year, as the case may be, year for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing -------------------------------- Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 22.00% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.. (ii)

Payment of Interest by Company. Company agrees to pay to each ------------------------------ the Issuing Lender, with respect to drawings honored under any Letters of Credit Documentary Credits issued by it, interest on the amount paid by such the Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans Against Imports pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Commercial Reimbursement Date or Standby Reimbursement Date, as the case may be, the rate then in effect under this Agreement with respect to Loans Against Imports that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 23% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans Against Imports that are Base Rate Loans. Interest payable pursuant to this sub section 3.3D(isubsection 3.3E(i) shall be computed on the basis of a 365360-day or 366-day year, as the case may be, year for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Documentary Credit is reimbursed in full. Anything contained in this Agreement to the contrary notwithstanding, with respect to any Documentary Credit issued by Wellx Fargo in the event that Administrative Agent shall have reimbursed Wellx Xxxgo for any unpaid drawing in accordance with subsection 3.3D, Company shall to Administrative Agent instead of Wellx Xxxgo any interest due and payable pursuant to this subsection 3.3E in respect of such Documentary Credit.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the Base Rate plus the Applicable Base Rate Margin ---- for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing the Loans and other Obligations are accruing interest at the Default Rate pursuant to the provision of subsection 2.2E of this Agreement, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Payment of Interest by Company. Company agrees to pay to each ------------------------------ the Issuing Lender, with respect to drawings honored under any Letters of Credit issued by it, interest on the amount paid by such the Issuing Lender in respect of each such honored drawing from the date such drawing is honored to but excluding the date such amount is reimbursed by Company (including any such reimbursement out of the proceeds of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for the period from the date such drawing is honored to but excluding the Reimbursement Date, the rate then in effect under this Agreement with respect to Revolving Loans that are Base Rate plus the Applicable Base Rate Margin for Revolving Loans and (b) ---- thereafter, if Requisite Lenders so elect in writing pursuant and to the provision of subsection 2.2E of this Agreementextent not fully reimbursed, a rate which is 2% per annum in excess of the rate of interest otherwise payable under this Agreement with respect to Revolving Loans that are Base Rate Loans. Interest payable pursuant to this sub section subsection 3.3D(i) shall be computed on the basis of a 365-day or 366-day year, as the case may be, for the actual number of days elapsed in the period during which it accrues and shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.