Common use of Term Facility Clause in Contracts

Term Facility. Subject to the provisions of subsection (d) below, (i) each Daily SOFR Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to Daily Simple SOFR plus the Applicable Rate for the Term Facility for Daily SOFR Rate Loans; (ii) each Term SOFR Rate Loan under the Term Facility for any Interest Period shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Term SOFR for such Interest Period plus the Applicable Rate for the Term Facility for Term SOFR Rate Loans; and (iii) each Base Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate for such Interest Period plus the Applicable Rate for the Term Facility for Base Rate Loans.

Term Facility. Subject to the provisions of subsection (dc) below, (i) each Daily SOFR Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to Daily Simple SOFR plus the Applicable Rate for the Term Facility for applicable to Daily SOFR Rate Loans; (ii) each Term SOFR Rate Loan under the Term Facility for any Interest Period shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Term SOFR for such Interest Period plus the Applicable Rate for the Term Facility for applicable to Term SOFR Rate Loans; and (iii) each Base Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate for such Interest Period plus the Applicable Rate for the Term Facility for applicable to Base Rate Loans.

Term Facility. Subject to the provisions of subsection (d) belowSection 2.07(c), (i) each Daily SOFR Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to Daily Simple SOFR plus the Applicable Rate Margin then applicable for the Term Facility for Daily SOFR Rate Loans; (ii) each Term SOFR Rate Loan under the Term Facility for any Interest Period shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Term SOFR for such Interest Period plus the Applicable Rate Margin then applicable for SOFR-based Loans for the Term Facility for Term SOFR Rate LoansFacility; and (iii) each Base Rate Loan under the Term Facility shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate for such Interest Period plus the Applicable Margin then applicable for Base Rate Loans for the Term Facility for Base Rate LoansFacility.