EURODOLLAR
LOANS TO THE FULL EXTENT THEREOF.
IF AFTER GIVING EFFECT TO PREPAYMENT OF ALL
SWINGLINE LOANS AND REVOLVING LOANS, THE REVOLVING CREDIT EXPOSURE OF ALL
LENDERS EXCEEDS THE AGGREGATE REVOLVING COMMITMENT AMOUNT, THE BORROWER SHALL
DEPOSIT IN AN ACCOUNT WITH THE ADMINISTRATIVE AGENT, IN THE NAME OF THE
ADMINISTRATIVE AGENT AND FOR THE BENEFIT OF THE ISSUING BANK AND THE LENDERS, AN
AMOUNT IN CASH EQUAL TO SUCH EXCESS PLUS ANY ACCRUED AND UNPAID FEES THEREON TO
BE HELD AS COLLATERAL FOR THE LC EXPOSURE.
SUCH ACCOUNT SHALL BE ADMINISTERED
IN ACCORDANCE WITH SECTION 2.22(G) HEREOF.
SECTION 2.13.
INTEREST ON LOANS.
(A)
THE BORROWER SHALL PAY INTEREST ON EACH LOAN AT EITHER (I) THE
BASE RATE IN EFFECT FROM TIME TO TIME OR (II) LIBOR PLUS THE APPLICABLE MARGIN
FOR EACH REVOLVING LOAN IN EFFECT FROM TIME TO TIME.
(B)
THE BORROWER SHALL PAY INTEREST ON EACH SWINGLINE LOAN AT THE
SWINGLINE RATE IN EFFECT FROM TIME TO TIME.
(C)
WHILE AN EVENT OF DEFAULT EXISTS OR AFTER ACCELERATION, AT THE
OPTION OF THE REQUIRED LENDERS, THE BORROWER SHALL PAY INTEREST ("DEFAULT
INTEREST") WITH RESPECT TO ALL EURODOLLAR LOANS AT THE RATE OTHERWISE APPLICABLE
FOR THE THEN-CURRENT INTEREST PERIOD PLUS AN ADDITIONAL 2% PER ANNUM UNTIL THE
LAST DAY OF SUCH INTEREST PERIOD, AND THEREAFTER, AND WITH RESPECT TO ALL BASE
RATE LOANS (INCLUDING ALL SWINGLINE LOANS) AND ALL OTHER OBLIGATIONS HEREUNDER
(OTHER THAN LOANS), AT AN ALL-IN RATE IN EFFECT FOR BASE RATE LOANS, PLUS AN
ADDITIONAL 2% PER ANNUM.
(D)
INTEREST ON THE PRINCIPAL AMOUNT OF ALL LOANS SHALL ACCRUE FROM
AND INCLUDING THE DATE SUCH LOANS ARE MADE TO BUT EXCLUDING THE DATE OF ANY
REPAYMENT THEREOF.
INTEREST ON ALL OUTSTANDING BASE RATE LOANS AND SWINGLINE
LOAN SHALL BE PAYABLE QUARTERLY IN ARREARS ON THE LAST DAY OF EACH MARCH, JUNE,
SEPTEMBER AND DECEMBER AND ON THE REVOLVING COMMITMENT TERMINATION DATE, AS THE
CASE MAY BE.
INTEREST ON ALL OUTSTANDING EURODOLLAR LOANS SHALL BE PAYABLE ON
THE LAST DAY OF EACH INTEREST PERIOD APPLICABLE THERETO, AND, IN THE CASE OF ANY
EURODOLLAR LOANS HAVING AN INTEREST PERIOD IN EXCESS OF THREE MONTHS OR 90 DAYS,
RESPECTIVELY, ON EACH DAY WHICH OCCURS EVERY THREE MONTHS OR 90 DAYS, AS THE
CASE MAY BE, AFTER THE INITIAL DATE OF SUCH INTEREST PERIOD, AND ON THE
REVOLVING COMMITMENT TERMINATION DATE.
INTEREST ON EACH SWINGLINE LOAN SHALL BE
PAYABLE ON THE MATURITY DATE OF SUCH LOAN, WHICH SHALL BE THE LAST DAY OF THE
INTEREST PERIOD APPLICABLE THERETO.
INTEREST ON ANY LOAN WHICH IS CONVERTED
INTO A LOAN OF ANOTHER TYPE OR WHICH IS REPAID OR PREPAID SHALL BE PAYABLE ON
THE DATE OF SUCH CONVERSION OR ON THE DATE OF ANY SUCH REPAYMENT OR PREPAYMENT
(ON THE AMOUNT REPAID OR PREPAID) THEREOF.
ALL DEFAULT INTEREST SHALL BE
PAYABLE ON DEMAND.
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(E)
THE ADMINISTRATIVE AGENT SHALL DETERMINE EACH INTEREST RATE
APPLICABLE TO THE LOANS HEREUNDER AND SHALL PROMPTLY NOTIFY THE BORROWER AND THE
LENDERS OF SUCH RATE IN