Calculation and Payment of Interest. (a) Interest on the Advance shall be calculated daily and payable monthly in arrears on the last day of each calendar month (or, if an Event of Default as described in Section 13.01(a), Section 13.01(f) or Section 13.01(g) is in existence, the last day of each calendar month) to occur while such Advance is outstanding.
Appears in 3 contracts
Samples: Credit Agreement (McEwen Mining Inc.), Credit Agreement (McEwen Mining Inc.), Credit Agreement (McEwen Mining Inc.)
Calculation and Payment of Interest. (a) Interest on the Advance shall be calculated daily and payable monthly in arrears on the last day of each calendar month (or, if an Event of Default as described in Section 13.01(a12.01(a), Section 13.01(f12.01(f) or Section 13.01(g12.01(g) is in existence, the last day of each calendar month) to occur while such Advance is outstanding.
Appears in 1 contract
