ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date.
Appears in 7 contracts
Samples: Credit Agreement (Centerpoint Energy Resources Corp), Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Houston Electric LLC)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date.
Appears in 6 contracts
Samples: Term Loan Agreement (Centerpoint Energy Resources Corp), Credit Agreement (Centerpoint Energy Resources Corp), Credit Agreement (Centerpoint Energy Resources Corp)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate Margin and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date.
Appears in 5 contracts
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Inc)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate Margin and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date.
Appears in 5 contracts
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Inc)
ABR Loans. Each ABR Loan (excluding each Swingline Loan that is an ABR Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date.
Appears in 3 contracts
Samples: Credit Agreement (Centerpoint Energy Resources Corp), Credit Agreement (Centerpoint Energy Resources Corp), Credit Agreement (Centerpoint Energy Resources Corp)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate ABR and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December December, commencing on September 30, 2001, and on the Termination Date.
Appears in 2 contracts
Samples: Senior a Credit Agreement (Reliant Energy Inc), Senior Credit Agreement (Reliant Energy Inc)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate 8.75% and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day Business Day of each March, June, September and December, commencing on the last Business Day of December 2002, and on the Termination Maturity Date.
Appears in 2 contracts
Samples: Credit Agreement (Centerpoint Energy Inc), Credit Agreement (Centerpoint Energy Houston Electric LLC)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate ABR and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December December, commencing on September 30, 2001 and on the Termination Date.
Appears in 1 contract
Samples: Revolving Credit and Competitive Advance Facilities Agreement (Reliant Energy Inc)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day Business Day of each March, June, September and December and on the Termination Date.
Appears in 1 contract
Samples: Term Loan Agreement (Centerpoint Energy Houston Electric LLC)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, of March and June, September and December 2023 and on the Termination Date.
Appears in 1 contract
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate plus the Applicable Rate ABR and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December December, commencing on September 30, 1997, and on the Termination Date.
Appears in 1 contract
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate Margin and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December, commencing on December 31, 2002, and on the Termination Date.
Appears in 1 contract
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate Margin and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Termination DateDate (or if such day is not a Business Day, on the next succeeding Business Day).
Appears in 1 contract
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC)
ABR Loans. Each ABR Loan (excluding each Swingline Loan) shall bear interest at a rate per annum equal at all times to the lesser of (i) the Alternate Base Rate ABR plus the Applicable Rate Margin and (ii) the Highest Lawful Rate, payable quarterly in arrears on the last day of each March, June, September and December and on the Revolving Commitment Termination Date or, if the Revolving Loans are converted pursuant to Section 2.4, the Term Loan Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC)