Payments of Interest and Fees. Until the Completion Date, the Company shall include in each Advance Request delivered pursuant to Sections 2.4.1(a) and 2.4.2(a) a request that an Advance be made to pay the interest and fees that will become due and payable under each of the Bank Credit Agreement, the Second Mortgage Notes and the FF&E Facility on or after the requested Advance Date under such Advance Request and prior to the immediately succeeding Advance Date. Each such Advance Request shall specify the Facility, the amount and the date on which such interest or fees will become due and payable. If the Company fails to set forth such information in any Advance Request or fails to deliver timely any Advance Request, then the Bank Agent, the Indenture Trustee and the FF&E Agent as to their respective Facilities may deliver such information and a request for payment to the Disbursement Agent upon which request the Disbursement Agent shall revise the Advance Request and related Notice of Advance Request to provide for such payment. The Company acknowledges that failure of any notice referenced in this Section 2.7 to be delivered to the Disbursement Agent shall not in any way exonerate or diminish the Company's obligation to make all payments under each of the Bank Credit Agreement, the Second Mortgage Notes and the FF&E Facility as and when due. Subject to the provisions of Section 10.2 and the Company Collateral Account Agreements, the Disbursement Agent shall apply amounts on deposit in the Interest Payment Account and, to the extent set forth in Section 2.5.6, the Second Mortgage Notes Proceeds Account, to the payment of interest and fees under the Bank Credit Agreement, the Second Mortgage Notes and/or the FF&E Facility, in each case, on the date that the Disbursement Agent is advised such amounts will become due and payable. The Company shall not be permitted to obtain Advances for the purpose of paying interest, fees or other Debt Service at any time after the Completion Date, except for amounts payable from the Second Mortgage Notes Proceeds Account in accordance with Section 2.5.6.
Payments of Interest and Fees. After the Agent’s receipt of, or charging of, any interest and fees earned under this Agreement, the Agent agrees to remit promptly to the Lenders their respective Pro Rata Percentages of:
Payments of Interest and Fees. 58 5.1 Interest on Canadian Prime Rate Loans 58 5.2 Interest on U.S. Base Rate Loans 59
Payments of Interest and Fees. The Phase II Mall Borrowers shall include in each Advance Request delivered pursuant to Section 2.4.1(a) a request that an Advance of proceeds from the Phase II Mall Funding Sources be made to pay Debt Service under the Phase II Mall Construction Loan on or after the requested Advance Date under such Advance Request and prior to 30 days after such requested Advance Date. Each such Advance Request shall specify that the Advance is requested to pay such amounts in respect of the Phase II Mall Construction Loan, and the amount and the date on which such Debt Service will become due and payable. If the Phase II Mall Borrowers fail to set forth such information in any Advance Request or fail to deliver timely any Advance Request therefor, then the Phase II Mall Agent may deliver such information and a request for payment to the Disbursement Agent, the Construction Consultant and the Phase II Mall Borrowers, upon which request the Phase II Mall Borrowers shall revise the Advance Request to provide for such payment. The Phase II Mall Borrowers acknowledge that failure of any notice referenced in this Section 2.7 to be delivered shall not in any way exonerate or diminish Phase II Mall Borrowers’ obligation to make all payments under the Phase II Mall Construction Loan Agreement as and when due.
Payments of Interest and Fees. 52 4.1 Interest on Prime Loans ............................................................................................................. 52
Payments of Interest and Fees. 4.1 Interest on Prime Loans 4.2 Interest on USBR Loans 4.3 Interest on LIBO Rate Loans 4.4 Stamping Fees 4.5 Letter of Credit Fees 4.6
Payments of Interest and Fees. 4.1 Interest on Prime Loans Exhibit 10.4 ‑ 57 ‑ The Borrower shall pay interest to the Agent on behalf of each Lender on each Prime Loan outstanding from time to time at a rate per annum equal to the Prime Rate in effect from time to time plus the Applicable Margin. Such interest shall accrue daily and shall be payable monthly in arrears on each Interest Payment Date for such Loan for the period from and including the Drawdown Date or the preceding Conversion Date or Interest Payment Date, as the case may be, for such Loan to and including the day preceding such Interest Payment Date and shall be calculated on the principal amount of the Prime Loan outstanding during such period and on the basis of the actual number of days elapsed in a year of 365 days. Changes in the Prime Rate shall cause an immediate adjustment of the interest rate applicable to such Loans without the necessity of any notice to the Borrower.
Payments of Interest and Fees. 5.1 Interest on Canadian Prime Rate Loans................................................................45 5.2 Interest on U.S. Base Rate Loans.....................................................................46 5.3
Payments of Interest and Fees. Simultaneously with the execution of this Assignment by the parties hereto, Existing Borrowers shall pay to Bank One, as Agent for the account of the Existing Lenders (in accordance with their Existing Commitment Percentages prior to giving effect to this Assignment), the following to the extent accrued but unpaid as of February 14, 1997: (a) the full amount of all interest on the principal balance of all Existing Loans outstanding on the date hereof; and (b) all fees payable pursuant to the Existing Credit Agreement.
Payments of Interest and Fees
