Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin in effect from time to time, payable quarterly in arrears on the last day of each March, June, September, and December and on the date such Reference Rate Advance shall be paid in full.
Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest prior to maturity at a rate per annum equal to the Reference Rate.
Reference Rate Advances. Each Reference Rate Advance shall bear interest at the Adjusted Reference Rate in effect from time to time plus the Applicable Margin for Reference Rate Advances in effect from time to time. The Borrower shall pay to Administrative Agent for the ratable account of each Lender all accrued but unpaid interest on such Lender’s Reference Rate Advances, quarterly in arrears, on each March 31st, June 30th, September 30th, and December 31st commencing on September 30, 2016, on the date such Reference Rate Advance shall be paid in full and on the Commitment Termination Date.
Reference Rate Advances. If such Advance is a Reference Rate Advance, the Borrowers shall pay interest on the unpaid principal amount of such Advances at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin in effect from time to time, payable quarterly in arrears on the last day of each quarter and on the date such Reference Rate Advance shall be paid in full.
Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin in effect from time to time, payable in arrears on the last day of each March, June, September and December commencing September 30, 2004 and on the date such Reference Rate Advance shall be paid in full, provided that upon the occurrence and during the continuance of any Event of Default, such Advance shall bear interest at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin plus two percent (2.00%) per annum, payable on written demand.
Reference Rate Advances. The unpaid principal amount of Revolving Loans accruing interest as Reference Rate Advances shall bear interest prior to maturity as follows: (i) on that portion of the aggregate outstanding principal of the Revolving Loans which is equal to or less than $2,500,000, at a rate per annum equal to the Reference Rate; and (ii) on that portion of the aggregate outstanding principal of the Revolving Loans which exceeds $2,500,000, at a rate per annum equal to the sum of the Reference Rate plus one-half of one percent (0.50) per annum.
Reference Rate Advances. 18 Section 4.1 Reference Rate Advance Requests..............................................18 Section 4.2 Making of Reference Rate Advances............................................18 Section 4.3 Interest on Reference Rate Advances..........................................18 Section 4.4 Reference Rate Communication.................................................19
Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time PLUS the Applicable Margin in effect from time to time, payable in arrears on the last day of each month and on the date such Reference Rate Advance shall be paid in full, PROVIDED that any amount of principal which is not paid when due (whether at stated maturity, by acceleration, or otherwise) shall bear interest from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time PLUS the Applicable Margin PLUS 3.00% per annum.
Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of the Reference Rate for such Interest Period plus the Applicable Margin, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on the day which occurs during such Interest Period three months from the first day of such Interest Period; provided that the Agent may, upon the request of the Majority Lenders, require that the Borrower pay interest (“Reference Rate Default Interest”) on any principal amount of any Reference Rate Advance which is not paid when due (whether at stated maturity, by acceleration or otherwise) from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to (A) during the Interest Period applicable to such Reference Rate Advance, 2% per annum above the rate per annum required to be paid on such amount immediately prior to the date on which such amount became due and (B) after the expiration of such Interest Period, 2% per annum above the Base Rate in effect from time to time plus the Applicable Margin. Notwithstanding the foregoing, following the making of the request or the granting of the consent specified by Section 6.01 to authorize the Agent to declare the Advances due and payable pursuant to the provisions of Section 6.01, and upon acceleration of the Advances, Reference Rate Default Interest shall accrue and be payable hereunder whether or not previously required by the Majority Lenders.
Reference Rate Advances. During such periods as such Advance is a Reference Rate Advance, a rate per annum equal at all times during the Interest Period for such Advance to the Reference Rate for such Advance, payable monthly on the last day of each calendar month and on the last day of such Interest Period.
