Common use of Interest on Term Loans Clause in Contracts

Interest on Term Loans. (a) Subject to SECTION 2.12, each Prime Rate Loan of any Class shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable) at a rate per annum that shall be equal to the then Prime Rate plus the Applicable Margin for Prime Rate Loans of such Class.

Interest on Term Loans. (a) Subject to SECTION 2.12, each Prime Rate Loan of any Class shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable) at a rate per annum that shall be equal to the then Prime Rate plus the Applicable Margin for Prime Rate Loans of such ClassLoans.

Interest on Term Loans. (a) Subject to SECTION Section 2.12, each Prime Rate Loan of any Class shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable) at a rate per annum that shall be equal to the then Prime Rate plus the Applicable Margin for Prime Rate Loans of such Class.

Interest on Term Loans. (a) Subject to SECTION 2.12Section 2.5, each portion of any Term Loan which is a Prime Rate Loan of any Class shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable) at a rate per annum that shall be equal to the then Prime Rate Rate, plus the Applicable Margin for Prime Rate Loans of such ClassLoans.

Interest on Term Loans. (ai) Subject to SECTION 2.12, each Term Loan which is a Prime Rate Loan of any Class made by a Term Lender shall bear hear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable) at a rate per annum that shall be equal to the then Prime Rate plus the Term Applicable Margin for Prime Rate Loans of such ClassLoans.