Common use of On Swing Line Advances Clause in Contracts

On Swing Line Advances. (i) The Borrower shall pay interest on the outstanding principal amount of such Swing Line Advance, from the date such Swing Line Advance is made until it is due (whether at maturity, by reason of acceleration or otherwise) or repaid, which shall be payable as set forth in Section 2.3(c)(ii) hereof, equal to the Prime Rate in effect from time to time minus 1/2%, but not higher than the Highest Lawful Rate. (ii) Interest on each Swing Line Advance shall be computed on the basis of a year of 365 or 366 days, as applicable, for the number of days actually elapsed, and shall be payable in arrears on each Quarterly Date and on the Maturity Date.

On Swing Line Advances. (i) The Borrower shall pay interest on the outstanding principal amount of such Swing Line Advance, from the date such Swing Line Advance is made until it is due (whether at maturity, by reason of acceleration or otherwise) or repaid, which shall be payable as set forth in Section 2.3(c)(ii) hereof, equal to the Prime Base Rate in effect from time to time minus 1/2%, but not higher than the Highest Lawful Rate. (ii) Interest on each Swing Line Advance shall be computed on the basis of a year of 365 or 366 days, as applicable, for the number of days actually elapsed, and shall be payable in arrears on each Quarterly Date and on the Maturity Date.

On Swing Line Advances. (i) The Borrower shall pay interest on the outstanding principal amount of such Swing Line Advance, from the date of such Swing Line Advance is made until it is due (whether at maturity, by reason of acceleration or otherwise) or and repaid, which shall be payable as set forth in Section 2.3(c)(ii) hereof, at a simple interest rate per annum equal to the Prime sum of (A) the Base Rate Basis in effect from time to time minus 1/2(B) 0.50%, but not in no event higher than the Highest Lawful Rate. (ii) Interest on each Swing Line Advance shall be computed on the basis of a year of 365 or 366 days, as applicable, for the number of days actually elapsed, and shall be payable in arrears on the maturity date of each Quarterly Date Swing Line Advance and on the Revolving Commitment Maturity Date.

On Swing Line Advances. (i) The Borrower shall pay interest on the outstanding principal amount of such Swing Line Advance, from the date of such Swing Line Advance is made until it is due (whether at maturity, by reason of acceleration or otherwise) or and repaid, which shall be payable as set forth in Section 2.3(c)(ii) hereof, at an interest rate per annum equal to a fixed interest rate agreed to by the Prime Rate in effect from time to time minus 1/2%Borrower and the Swing Line Bank for such Swing Line Advance, but not in no event higher than the Highest Lawful Rate. (ii) Interest Subject to Section 11.9 hereof, interest on each Swing Line Advance shall be computed on the basis of a 360-day year of 365 or 366 days, as applicable, for the actual number of days actually elapsed, and shall be payable in arrears on the maturity date of each Quarterly Date Swing Line Advance and on the Maturity Date.