2008 Term Advances Sample Clauses

2008 Term Advances. Borrower shall pay interest on each 2008 Payment Date on the unpaid principal amount of each 2008 Term Advance until such 2008 Term Advance has been paid in full. Subject to Section 2.3(b)(vi), interest shall accrue at the floating per annum rate of interest equal to the aggregate of the Prime Rate and one-half of one percent (0.50%). Commencing on the 2009 Effective Date and subject to Section 2.3(b)(vi), interest shall accrue at the floating per annum rate of interest equal to the aggregate of the Prime Rate and three-quarters of one percent (0.75%)." 3. The Loan Agreement shall be amended by deleting the following text, appearing in Section 6.8 thereof: