Supplemental Interest. AESOP Leasing agrees to pay to the Lender, as an additional interest payment, an amount equal to the product of (A) the applicable Loan Agreement's Share as of the beginning of each Loan Interest Period times (B) the sum of (i) the Supplemental Carrying Charges for such Loan Interest Period, minus (ii) any accrued earnings on Permitted Investments in the Collection Account which earnings are available for distribution on the last Business Day of such Loan Interest Period (the product of the amounts described in clauses (A) and (B) above, "Supplemental Interest").
Supplemental Interest. In addition to the interest accruing on the Notes as provided in the Notes, the Company agrees to pay to each holder of a Note supplemental interest (the “Supplemental Interest”) for the period beginning on April 1, 2008 and ending on June 30, 2009 at the rate of 0.35% per annum on the outstanding principal balance of the Notes held by such holder. The Supplemental Interest with respect to each Note shall be computed on the same basis as interest on such Note is computed (i.e., on a basis of a 360-day year of 30-day months) and shall be paid semi-annually in arrears on the same dates upon which interest is payable on such Note. The Supplemental Interest shall be considered to be part of the “interest” accruing and due any payable upon the Notes for the purposes of Section 11(b) and the other provisions of this Agreement.”
Supplemental Interest. In addition to the interest payable on the Loan under the Loan Agreement, AWA agrees to pay GECC supplemental interest in an amount per annum equal to 0.95% of the aggregate outstanding principal balance of the Loan (calculated on the basis of a 360-day year and actual days elapsed) (a) on each Interest Payment Date and (b) on each other date on which interest on such Loan is payable due to prepayment (in the case of any partial prepayment made in accordance with the terms of the Loan Agreement, such supplemental interest to be paid on the basis of the principal amount being prepaid), acceleration or otherwise, in each case, for the period from and including the immediately preceding Payment Date to but excluding such date, in immediately available funds to the Administrative Agent's Account as set forth in the Loan Agreement (or such other account as GECC shall designate in writing to AWA).
Supplemental Interest. (a) In addition to interest at the Applicable Rate, which shall be calculated and payable as set forth herein, Borrowers shall pay to Lender such additional amounts as may be necessary for Lender to receive an annual internal rate of return equal to the greater of (i) 6.50% and (ii) Average LIBOR plus 4%, taking into account all prior payments of interest and principal on the Loan and calculated in accordance with Exhibit A attached hereto (such additional amount, “Supplemental Interest”). Supplemental Interest shall be treated as additional interest payable by Borrowers with respect to the Loan and shall constitute a portion of the Debt, shall be secured by the Loan Documents and the Loan shall not be satisfied unless and until all Supplemental Interest shall have been received by Lender.
Supplemental Interest. From and after the date of the issuance of any additional Second Priority Senior Notes subsequent to the initial issuance of Second Priority Senior Notes, an additional amount of interest (the “Supplemental Interest”) shall accrue with respect to the unpaid balance of the Term Loans at an annual fixed rate (compounded at the end of each Fiscal Quarter) equal to the Supplemental Margin, if any. The Supplemental Interest shall be payable in cash (i) with respect to all Term Loans, on the date on which the Term Loans are accelerated pursuant to Article X, (ii) with respect to all Term A Loans, on the Term A Loan Maturity Date, (iii) with respect to all Term B Loans, on the Term B Loan Maturity Date, and (iv) with respect to any principal amount of the Term Loans which are being repaid (whether in full or in part), on the date of such repayment.”
Supplemental Interest. From and after the date of the issuance of the Second Priority Senior Notes, an additional amount of interest (the “Supplemental Interest”) shall accrue with respect to the unpaid balance of the Term Loans at an annual fixed rate (compounded at the end of each Fiscal Quarter) equal to the Supplemental Margin, if any. The Supplemental Interest shall be payable in cash (i) with respect to all Term Loans, on the date on which the Term Loans are accelerated pursuant to Article X, (ii) with respect to all Term A Loans, on the Term A Loan Maturity Date, (iii) with respect to all Term B Loans, on the Term B Loan Maturity Date, and (iv) with respect to any principal amount of the Term Loans which are being repaid (whether in full or in part), on the date of such repayment.”
Supplemental Interest. HoldCo shall pay to the Holder of this Debenture, as supplemental interest, an amount equal to $______, such amount to be payable within 30 days after the date of this Debenture.
Supplemental Interest. Section 2.09(d) of the Existing Credit Agreement is amended by replacing “Notwithstanding the above provisions,” with “Notwithstanding the above provisions and Section 2.09(h),” and the following is hereby added to the Existing Credit Agreement as Section 2.09(h):
Supplemental Interest. The parties hereto --------------------- acknowledge that it is the intention of each of them that the payments due from Leasco to Xxxxx under this Loan Agreement shall at all times be sufficient to, independent of any other funds available to Xxxxx, cover all of Xxxxx'x obligations and costs relating to any of the Related Documents or otherwise, and such parties agree that, if at any future time the payments hereunder are insufficient to cover such obligations and costs, an additional amount shall be payable by Leasco to Xxxxx pursuant to this Section 4.04, which amount shall be referred to as "Supplemental Interest" and shall be payable upon the same terms as other interest payments due under this Agreement.
Supplemental Interest. If the Maxeon Form F-3 has not been declared effective under the Securities Act on or before the twentieth (20th) Business Day after the Maxeon Spin-Off Distribution Date, then Supplemental Interest will accrue on each outstanding Note for each day from, and including, the Issue Date to, but excluding, January 15, 2021. Any Supplemental Interest that accrues on the Notes will accrue at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof and will be payable on January 15, 2021 to the Holders of record of the Notes as of the Close of Business on January 1, 2021. For the avoidance of doubt, any Supplemental Interest that accrues on a Note will be in addition to the Stated Interest and any Special Interest or Additional Interest that accrues on such Note. If Supplemental Interest accrues on the Notes, then the Company will send notice of the same to Holders, the Trustee and the Paying Agent no later than the twenty third (23rd) Business Day after the Maxeon Spin-Off Distribution Date.
