Common use of Adjusted Base Rate Advances Clause in Contracts

Adjusted Base Rate Advances. If such Advance is an Adjusted Base Rate Advance, a rate per annum equal to the Adjusted Base Rate plus the Applicable Margin, payable in arrears on each Interest Payment Date and on the date such Adjusted Base Rate Advance shall be paid in full.

Appears in 3 contracts

Samples: Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.)

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Adjusted Base Rate Advances. If such Advance is an Adjusted Base Rate Advance, a rate per annum equal at all times to the lesser of (i) the Adjusted Base Rate in effect from time to time plus the Applicable MarginMargin for Adjusted Base Rate Advances and (ii) the Maximum Rate, payable in arrears on the last Business Day of each Interest Payment Date calendar quarter, commencing with the calendar quarter ending June 30, 2014, and on the date such Adjusted Base Rate Advance shall be paid in full.

Appears in 2 contracts

Samples: Credit Agreement (NOW Inc.), Credit Agreement (NOW Inc.)

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