Interest Rates; Payment of Interest. 2.5.1. The unpaid principal of the Note shall bear interest from the date hereof, at a rate per annum equal to the lesser of the (i) the Floating Rate or such higher rate as is specified in Section 3.3 or (ii) the Highest Lawful Rate.
Interest Rates; Payment of Interest. COMMITMENT FEE; CALCULATION OF INTEREST AND FEES.
Interest Rates; Payment of Interest. So long as no Event of Default has occurred, the Loan shall bear interest at a rate per annum equal to the LIBOR Rate (as hereinafter defined) plus two hundred seventy-five (275) basis points for an interest period (herein an “Interest Period”) of one month. Interest on the Loan shall be payable on the first day of each month following the last day of each Interest Period. The Bank is authorized, but not required, to charge any payment due hereunder to any account of the Co-Borrowers at the Bank.
Interest Rates; Payment of Interest. So long as no Event of Default (hereafter defined) has occurred and subject to the terms hereof, principal outstanding hereunder shall bear interest at a fixed rate of nine (9%) percent per annum (herein the "Fixed Rate") through and including February 28, 2011, and thereafter at a variable rate (the "Variable Rate") equal to the Prime Rate (hereinafter defined) plus one and one-half percent (1.5%) per annum. Interest on all amounts outstanding at the Variable Rate and Fixed Rate shall be payable quarterly beginning June 1, 2006, and continuing thereafter on the first Banking Day of each succeeding quarter until the principal balance shall be paid in full.
Interest Rates; Payment of Interest. So long as no Event of Default (hereafter defined) has occurred and subject to the terms hereof, each advance hereunder shall bear interest at a rate per annum (the "Variable Rate") equal to the Prime Rate (as hereafter defined) plus one and one-half (1.5%) percent (herein a "Variable Rate Advance"). Interest on all Variable Rate Advances shall be payable monthly beginning on the first Banking Day of the month following the date of this Note, and continuing thereafter on the first Banking Day of each succeeding month until the principal balance shall be paid in full.
Interest Rates; Payment of Interest. 2.5.1. The unpaid principal of the Note shall bear interest from the date hereof, at a rate per annum equal to the lesser of the (i) the Floating Rate or such higher rate as is specified in Section 3.3 or (ii) the Highest Lawful Rate. Each Loan comprising an FLR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such FLR Advance is made or is automatically converted from a Eurodollar Advance into an FLR Advance pursuant to Section 2.5.5, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.5.5, at a rate per annum equal to the lesser of (a) the Floating Rate or, if applicable, such higher rate as is specified in Section 3.3 or (b) the Highest Lawful Rate.
Interest Rates; Payment of Interest. 2.5.1. The unpaid principal of the Notes (other than the Bridge Loan Notes) shall bear interest from the date hereof, at a rate per annum equal to six percent (6.00%) per annum or such higher rate as is specified in Section 3.3. Annex I – Credit Agreement
Interest Rates; Payment of Interest. So long as no Event of Default has occurred, each advance hereunder shall bear interest at a rate per annum equal to the LIBOR Rate (as hereinafter defined) plus two hundred seventy-five (275) basis points for an Interest Period of one (1) month (herein a “LIBOR Advance. Interest shall be calculated on the basis of a 360 day year and actual days elapsed and shall be payable monthly in arrears beginning on the first (1st) day of the month following the execution of this Note and continuing thereafter on the first day of each succeeding month, and on the last day of the Interest Period applicable thereto, until the principal balance shall be paid in full. The Bank is authorized, but not required, to charge any payment due hereunder to any account of the Borrower at the Bank.
Interest Rates; Payment of Interest. 2.5.1. Each Loan comprising an FLR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such FLR Advance is made or is automatically converted from a Eurodollar Advance into an FLR Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the lesser of (a) the Floating Rate or, if applicable, such higher rate as is specified in Section 3.3 or (b) the Highest Lawful Rate.
Interest Rates; Payment of Interest. 2.5.1. [Reserved].
