Time of Accrual. Interest shall accrue on all principal amounts outstanding from the date when first outstanding to the date when no longer outstanding. Amounts shall be deemed outstanding until payments are applied thereto as provided herein.
Appears in 25 contracts
Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Assignment and Assumption (Young Innovations Inc)
Time of Accrual. Interest shall accrue on all principal amounts outstanding from and including the date when first outstanding to but excluding the date when no longer outstanding. Amounts shall be deemed outstanding until payments are applied thereto as provided herein.
Appears in 3 contracts
Samples: Loan Agreement (Davel Communications Group Inc), Credit Agreement (Osullivan Industries Holdings Inc), Loan Agreement (Young Innovations Inc)
