Yield. The Lessor Amount shall accrue Yield at the Yield Rate, calculated using the actual number of days elapsed and, during the initial Interest Period and when the Yield Rate is based on the LIBO Rate (Reserve Adjusted), a 360-day year basis and, at all other times, a 365-day (or, if applicable, 366-day) year basis. If all or any portion of the Lessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.
Appears in 2 contracts
Sources: Participation Agreement (Silicon Laboratories Inc), Participation Agreement (Silicon Laboratories Inc)
Yield. The amount of the Lessor Amount outstanding from time to time shall accrue Yield at the Yield Rate, calculated on the basis of a 360-day year using the actual number of days elapsed and, during the initial Interest Period and when the Yield Rate is based on the LIBO Rate (Reserve Adjusted)an Alternate Base Rate, a 360-365 (or, if applicable, 366) day year basis basis, and, at all other times, a 365360-day (or, if applicable, 366-day) year basis. If all or any portion of the Lessor AmountAmount outstanding, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.
Appears in 2 contracts
Sources: Participation Agreement (Regeneron Pharmaceuticals Inc), Participation Agreement (Regeneron Pharmaceuticals Inc)
Yield. The Lessor Amount amount of the Certificate Amounts outstanding from time to time shall accrue Yield at the Yield Rate, calculated using the actual number of days elapsed and, during the initial Interest Period and when the Yield Rate is based on the LIBO Rate (Reserve Adjusted)Rate, a 360-day year basis and, at all other timesotherwise, a 365-day 365- (or, if applicable, 366-day366-) day year basis. If all or any portion of the Lessor AmountCertificate Amounts, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.
Appears in 2 contracts
Sources: Participation Agreement (Teletech Holdings Inc), Participation Agreement (Teletech Holdings Inc)
Yield. The Lessor Amount shall accrue Yield at the Series B Yield Rate, calculated on the basis of a 360-day year using the actual number of days elapsed and, during the initial Interest Period and when the Series B Yield Rate is based on the LIBO Rate (Reserve Adjusted)an Alternate Base Rate, a 360-365 (or, if applicable, 366) day year basis basis, and, at all other times, a 365360-day (or, if applicable, 366-day) year basis. If all or any portion of the Lessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.
Appears in 1 contract
Sources: Participation Agreement
Yield. The Lessor Amount shall accrue Yield at the Series B Yield Rate, calculated on the basis of a 360‑day year using the actual number of days elapsed and, during the initial Interest Period and when the Series B Yield Rate is based on the LIBO Rate (Reserve Adjusted)an Alternate Base Rate, a 360-365 (or, if applicable, 366) day year basis basis, and, at all other times, a 365-day (or, if applicable, 366-day) 360‑day year basis. If all or any portion of the Lessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.
Appears in 1 contract