Common use of Payment of Interest Clause in Contracts

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest Period.

Appears in 55 contracts

Sources: Mandate Letter, Facility Agreement, Bridge Loan Facility Agreement (Lifezone Metals LTD)

Payment of Interest. The Borrower to which a Loan has been made shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 39 contracts

Sources: Facilities Agreement, Multicurrency Revolving Facility Agreement (Luxfer Holdings PLC), Facilities Agreement (Lesaka Technologies Inc)

Payment of Interest. The Borrower shall pay accrued interest on each the Loan on the last day of each Interest Period.

Appears in 19 contracts

Sources: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Payment of Interest. The Borrower shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 13 contracts

Sources: Multicurrency Revolving Facility Agreement (H Lundbeck a S), Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each the Loan or any part of the Loan on the last day of each Interest PeriodPeriod (each an “Interest Payment Date”).

Appears in 10 contracts

Sources: Loan Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)

Payment of Interest. The Each Borrower to which a Loan has been made shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 8 contracts

Sources: Borrowing Base Facility Agreement (Vaalco Energy Inc /De/), Borrowing Base Facility Agreement (Vaalco Energy Inc /De/), Multicurrency Parallel Bridge Facility Agreement (Gold Fields LTD)

Payment of Interest. The On the last day of each Interest Period the Borrower shall pay accrued interest on each the Loan on the last day of each to which that Interest PeriodPeriod relates.

Appears in 6 contracts

Sources: Revolving Facility Agreement (Bunge Global SA), Facility Agreement (Bungeltd), Facility Agreement (Utah Medical Products Inc)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod applicable to that Loan.

Appears in 6 contracts

Sources: Facility Agreement (Daqo New Energy Corp.), Facility Agreement (McGraw-Hill Global Education Intermediate Holdings, LLC), Facility Agreement (Huang Julia)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each Loan on the last day of each Interest Period.

Appears in 5 contracts

Sources: Facilities Agreement (Flex LNG Ltd.), Loan Agreement (Navigator Holdings Ltd.), Facilities Agreement (Flex LNG Ltd.)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each the Loan or any part of the Loan on the last day of each Interest PeriodPeriod (each an "Interest Payment Date").

Appears in 5 contracts

Sources: Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.), Term Loan Facility (Navios Maritime Partners L.P.)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod relating to that Loan.

Appears in 4 contracts

Sources: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Payment of Interest. The On the last day of each Interest Period the Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodLoan.

Appears in 3 contracts

Sources: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)

Payment of Interest. The On the last day of each Interest Period relating to a Loan the Borrower shall pay accrued interest on each Loan on the last day of each Interest Periodsuch Loan.

Appears in 3 contracts

Sources: Senior Facilities Agreement (OneSmart International Education Group LTD), Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (China Mengniu Dairy Co LTD)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on On the last day of each Interest Period, the Borrower shall pay accrued interest on the Loan to which such Interest Period relates.

Appears in 2 contracts

Sources: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on On the last day of each Interest Period, the Borrower shall pay accrued interest on the Loan to which that Interest Period relates.

Appears in 2 contracts

Sources: Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)

Payment of Interest. The Borrower shall must pay accrued interest on each Loan the Loans on the last day of each Interest Period.

Appears in 2 contracts

Sources: Facility Agreement (Transatlantic Petroleum Ltd.), Trade Finance Term Loan Facility (Transatlantic Petroleum Ltd.)

Payment of Interest. The On the last day of each Interest Period the Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodAdvance.

Appears in 2 contracts

Sources: Term Loan Agreement, Term Loan Agreement

Payment of Interest. The Borrower shall pay accrued interest on each Loan made to it on the last day of each Interest Period.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Flex LNG Ltd.), Revolving Credit Facility Agreement (Flex LNG Ltd.)

Payment of Interest. The A Borrower shall pay accrued interest on each Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod with the final interest payment in respect of each Loan being paid on the earlier of the Termination Date and the applicable Repayment Date for the Loan.

Appears in 2 contracts

Sources: Fixed Rate Convertible Shareholder Loan Facility, Fixed Rate Convertible Shareholder Loan Facility

Payment of Interest. The Borrower Company shall pay accrued interest on each a Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Term Loan Facility Agreement (Gran Tierra Energy Inc.), Term Loan Facility Agreement

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each applicable Interest Period.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Harmony Gold Mining Co LTD), Term and Revolving Credit Facilities Agreement (Harmony Gold Mining Co LTD)

Payment of Interest. The Borrower Company to which a Loan has been made shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Backstop Facility Agreement, Facility Agreement

Payment of Interest. The Borrower shall pay accrued interest on each the Loan on the last day of each Interest PeriodPeriod relating thereto.

Appears in 2 contracts

Sources: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

Payment of Interest. The Borrower shall pay accrued interest on each the Loan on the last day of each Interest PeriodPeriod applicable to the Loan.

Appears in 2 contracts

Sources: Loan Facility Agreement, Loan Facility Agreement (Charm Communications Inc.)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest Period, unless otherwise agreed between the Borrower and the Lender.

Appears in 2 contracts

Sources: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each the Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Secured Loan Agreement (Euroseas Ltd.), Facility Agreement (Navios Maritime Partners L.P.)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each the Loan (or any part of the Loan) on the last day of each Interest Period.

Appears in 2 contracts

Sources: Facility Agreement (Navigator Holdings Ltd.), Facilities Agreement (Navigator Holdings Ltd.)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on the Loan for each Loan Interest Period on the last day of that Interest Period (each an "Interest PeriodPayment Date") in the amount specified in the Repayment Schedule.

Appears in 2 contracts

Sources: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)

Payment of Interest. The Each Borrower shall pay accrued interest on each a Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Payment of Interest. The Borrower shall shall, subject to Clause 9.3 (Default interest), pay accrued interest on each Loan on the last day of each Interest Period.

Appears in 2 contracts

Sources: Term and Revolving Credit Facilities Agreement, Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest Periodsuccessive period of six Month(s) after the Utilisation Date for such Loan.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (Cordlife Group LTD)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on the Loan for each Loan Interest Period on the last day of that Interest Period (each an “Interest PeriodPayment Date”).

Appears in 1 contract

Sources: Facility Agreement (United Maritime Corp)

Payment of Interest. The Borrower shall pay accrued interest on each Loan the Loans on the last day of each Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Morgans Hotel Group Co.)

Payment of Interest. The Borrower to which a Loan has been made shall pay accrued interest on each any Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Senior Facilities Agreement

Payment of Interest. The Borrower shall pay accrued interest on each the Loan or any part of the Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Secured Term Loan Facility (United Maritime Corp)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod in respect of such Loan.

Appears in 1 contract

Sources: Facility Agreement

Payment of Interest. The relevant Borrower to which a Loan has been made shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Loan Agreement (Luxottica Group Spa)

Payment of Interest. The Borrower Company shall pay accrued interest on each the Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Ener1 Inc)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each the Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod applicable to such Loan.

Appears in 1 contract

Sources: Working Capital Bridge Facility Agreement (Moscow Cablecom Corp)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod of such Loan.

Appears in 1 contract

Sources: Facilities Agreement (WEIBO Corp)

Payment of Interest. The Borrower Company shall pay accrued interest on each Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Secured Facility Agreement (Amkor Technology, Inc.)

Payment of Interest. The Borrower shall pay accrued interest on the Loan for each Loan Interest Period on the last day of that Interest Period (each an "Interest PeriodPayment Date").

Appears in 1 contract

Sources: Term Loan Facility (Pyxis Tankers Inc.)

Payment of Interest. The Borrower shall pay accrued interest on each the Loan on the last day of each Interest PeriodPeriod for the Loan.

Appears in 1 contract

Sources: Facility Agreement (WNS (Holdings) LTD)

Payment of Interest. The Borrower Company shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Synnex Corp)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod relating to such Loan.

Appears in 1 contract

Sources: Facility Agreement

Payment of Interest. The Each Borrower to which a Loan has been made shall pay accrued interest on each that Loan in arrears on the last day of each Interest Period.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Gold Fields LTD)

Payment of Interest. The Borrower shall pay accrued interest on each a Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Central European Distribution Corp)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod relating to that Loan.

Appears in 1 contract

Sources: Facility Agreement (Wimm Bill Dann Foods Ojsc)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod with the final interest payment in respect of each Loan being paid on the applicable Repayment Date for the Loan.

Appears in 1 contract

Sources: Fixed Rate Convertible Shareholder Loan Facility

Payment of Interest. The Borrower shall pay accrued interest on each the relevant Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Bridge Facility Agreement (Luxottica Group Spa)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest Period.Period for that Loan. Default interest

Appears in 1 contract

Sources: Facility Agreement (WNS (Holdings) LTD)

Payment of Interest. The Borrower shall pay accrued interest on each Loan which has been made to it on the last day of each Interest Period.

Appears in 1 contract

Sources: Sustainability Linked Revolving Credit Facility Agreement (ICL Group Ltd.)

Payment of Interest. The Borrower shall pay accrued interest on each Loan for the account of the Lenders on the last day of each Interest PeriodPeriod for each such Loan.

Appears in 1 contract

Sources: Facility Agreement (BW LPG LTD)

Payment of Interest. The Borrower shall pay accrued interest on each the Loan or any part of the Loan on the last day of each Interest PeriodPeriod (each an “Interest Payment Date”).

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Payment of Interest. The Each Borrower to which a Loan has been made shall pay accrued interest on each that Loan on the last day Business Day of each Interest Periodmonth.

Appears in 1 contract

Sources: Facility Agreement (Waterford Wedgwood PLC)

Payment of Interest. The Borrower Company shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod for that Loan.

Appears in 1 contract

Sources: Facility Agreement (Ener1 Inc)

Payment of Interest. The Borrower shall pay accrued interest on each any Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Development Facility Agreement

Payment of Interest. The Borrower shall pay accrued interest on each the Loan (or any part of the Loan) on the last day of each Interest Period.

Appears in 1 contract

Sources: Facility Agreement (Navigator Holdings Ltd.)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each its Interest Period.

Appears in 1 contract

Sources: Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Payment of Interest. The On the last day of each Interest Period relating to a Loan, the Borrower shall pay accrued interest on each Loan on the last day of each Interest Periodsuch Loan.

Appears in 1 contract

Sources: Second Amendment Agreement (SinoTech Energy LTD)

Payment of Interest. The Borrower Borrowers shall pay accrued interest on the Loan for each Loan Interest Period on the last day of that Interest Period (each an "Interest PeriodPayment Date").

Appears in 1 contract

Sources: Term Loan Facility (United Maritime Corp)

Payment of Interest. The Borrower shall pay accrued interest accrued- interest- on each Loan the Loan- on the last day of each Interest Period.

Appears in 1 contract

Sources: Sace Facility Agreement (Tim Participacoes Sa)

Payment of Interest. The Borrower shall pay accrued interest on each Loan on the last day of each Interest PeriodPeriod for that Loan.

Appears in 1 contract

Sources: Term Loan and Standby Letter of Credit Facilities (PCCW LTD)

Payment of Interest. The Borrower to which a Loan has been made (or to which a Loan has been novated) shall pay accrued interest on each that Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Facilities Agreement (Velti PLC)

Payment of Interest. The On the last day of each Interest Period the Borrower shall pay accrued interest on each Loan on the last day of each Interest Periodthat Advance.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)

Payment of Interest. The Borrower shall pay accrued interest on each that Loan on the last day of each Interest Period.Period (and, if the Interest Period is longer than three

Appears in 1 contract

Sources: Term Facility Agreement

Payment of Interest. The Borrower Borrowers shall pay accrued interest on each the Loan or any part of the Loan on the last day of each Interest Period.

Appears in 1 contract

Sources: Term Loan Facility (Navios South American Logistics Inc.)