(a) Prior to the occurrence and continuance of a Facility Termination Event, the Principal of each Loan shall accrue Interest for each day at a rate per annum equal to LMIR (or, if LMIR has been suspended pursuant to Section 1.7, at the Alternate Base Rate). Upon the occurrence of a Facility Termination Event and during the continuance thereof, Aggregate Principal shall accrue Interest for each day at a rate per annum equal to the Default Rate.