Example ContractsClausesInterest Payment Dates
Interest Payment Dates
Interest Payment Dates contract clause examples
Previous results

Payment Dates. Monthly payments under this Note shall commence on the first day of the first full calendar month following the end of the Deferral Period, and shall continue to be due and payable on the first day of each calendar month thereafter until the Maturity Date. Any amounts outstanding under the Loan on the Maturity Date shall be due and payable on the Maturity Date. This Note may be repaid prior to the Maturity Date without penalty or fee upon providing prior written notice to Lender.

Payment Dates. Interest accrued on each Loan shall be paid as follows:

Interest Rates and Interest Payment Dates. (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin.

Each LIBOR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the LIBOR Rate determined for such day plus the Applicable Margin.

RULE GOVERNING PAYMENT DATES. In any case where this Agreement requires the payment of an amount during a period of two or more days that overlaps two calendar years, the payee shall have no right to determine the calendar year in which payment actually occurs.

Payment Dates and Reports. Royalty payments shall be made by Acer within forty-five (45) calendar days after the end of each Calendar Quarter commencing with the Calendar Quarter in which the first day of the first Royalty Term for the first Licensed Product occurs. Acer shall also provide to [[Sanofi:Organization]], at the same time each such payment is made, a report showing: # the Net Sales of the Licensed Products by country in the Territory; # the basis for any deductions from Invoiced Sales to determine Net Sales; # the applicable royalty rates for the Licensed Products; # the exchange rates used in calculating any of the foregoing; and # a calculation of the amount of royalty due to [[Sanofi:Organization]].

Payment Dates and Reports. Royalty payments shall be made by Lilly with respect to each Product within ​ days after the end of each Calendar Quarter in which a sale of such Product shall occur, commencing with the Calendar Quarter in which the First Commercial Sale of such Product occurs. Lilly shall also provide, at the same time each such payment is made, a report showing: ​.

and Fee Basis; Taxes. 50

Interest; Payment. Each Advance shall bear interest on the outstanding principal amount thereof from the date when made, continued or converted until paid in full at a rate per annum equal to # for Base Rate Advances, the Base Rate minus the applicable Base Rate Margin and # for LIBORSOFR Rate Advances, the LIBOR RateAdjusted Term SOFR plus the applicable LIBORSOFR Rate Margin. Pursuant to the terms hereof, interest on each Advance shall be paid in arrears on each Interest Payment Date. Interest shall also be paid on the date of any prepayment of any Advance pursuant to this Agreement for the portion of any Advance so prepaid and upon payment (including prepayment) in full thereof. All accrued and unpaid interest on the Advances shall be due and payable on the Revolving Line Maturity Date.

Interest Payment. Interest (other than the Term B Loan PIK Amount, which shall be capitalized in accordance with [Section 2.04(b)(ii)]) on each Loan shall be payable # monthly, in arrears, on the first day of each month, commencing on the first day of the month following the month in which such Loan is made and # in the case of each Loan, at maturity (whether upon demand, by acceleration or otherwise). Notwithstanding the foregoing, interest at the Post-Default Rate shall be payable on demand. Each Borrower hereby authorizes the Administrative Agent to, and the Administrative Agent may, from time to time, charge the Loan Account pursuant to Section 4.01 with the amount of any interest payment due hereunder. Each Borrower and each Guarantor agrees that each Revolving Loan shall separately accrue interest on the principal amount thereof from time to time outstanding with respect to each Borrower, and Administrative Agent shall have no obligation to calculate interest on an aggregate basis (including negative balances) for all Revolving Loans. Each Borrower shall make each payment of interest payable hereunder without set-off or deduction, including as a result of any negative balance outstanding with respect to Revolving Loans of any other Borrower. Each Borrower and each Guarantor waives any right to assert any claim against the Agents or the Lenders with respect to the foregoing.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.