LIBOR Breakage; Interest; Etc. Each payment or prepayment of the Term Loans made pursuant to SECTION 2.3, 2.4 or 2.5 shall be subject to the provisions of SECTION 4.11. Interest accruing to the date of prepayment in respect of any amount of principal prepaid pursuant to SECTION 2.4 or 2.5 shall be paid on the earlier of (i) the next succeeding Payment Date or (ii) the Loan Termination Date.
Appears in 2 contracts
Sources: Credit Agreement (Summit Holding Southeast Inc), Credit Agreement (Summit Holding Southeast Inc)