Common use of Interest Payable Clause in Contracts

Interest Payable. Subject to the provisions of Section 4.1, Borrower shall pay interest on the unpaid principal amount from time to time outstanding under Facility A, in arrears, at a rate equal to the Prime Rate plus 1.00%. For the avoidance of doubt, the interest to be paid pursuant to this Section 2.3 shall float as the Prime Rate changes.

Interest Payable. Subject to the provisions of Section 4.15.1, Borrower shall pay interest on the unpaid principal amount from time to time outstanding under Facility AB, in arrears, at a rate equal to the Prime Rate plus 1.002.50%. For the avoidance of doubt, the interest to be paid pursuant to this Section 2.3 shall float as the Prime Rate changes.

Interest Payable. Subject to the provisions of Section 4.1, 5.1 (Default Interest) Borrower shall pay interest on the unpaid principal amount from time to time outstanding under Facility A, in arrears, at a rate equal to the Prime Rate plus 1.002.00%. For the avoidance of doubt, the interest to be paid pursuant to this Section 2.3 shall float as the Prime Rate changes.

Interest Payable. Subject to the provisions of Section 4.1, Borrower shall pay interest on the unpaid principal amount from time to time outstanding under Facility AB, in arrears, at a rate per annum equal to the Prime Rate plus 1.002.00%. For the avoidance of doubt, the interest to be paid pursuant to this Section 2.3 3.3 shall float as the Prime Rate changes.