Common use of Adjustments to Interest Rate Clause in Contracts

Adjustments to Interest Rate. Notwithstanding any other provision of this Agreement, the Notes, or the other Loan Documents, after the Closing Date, the rate of interest under any Loan which bears interest at a variable rate, shall be adjusted according to the following schedule should the Tangible Owner’s Equity of GPO, achieve the levels set forth below: Tangible Owner’s Equity Interest Rate Greater than or equal to 50.00% Applicable Rate less 50 basis points Upon delivery of the financial statements pursuant to Section 5.01(c)(i) for each fiscal year end beginning with the first fiscal year end after the Closing Date, the rate of interest for any Loan which bears interest at a variable rate shall automatically be adjusted in accordance with the Tangible Owner’s Equity set forth therein and the rates set forth above. Such automatic adjustment to the rate of interest shall take effect as of the first Business Day of the month following the month in which the Agent received the related financial statements pursuant to Section 5.01(c)(i).

Adjustments to Interest Rate. Notwithstanding any other provision of this Agreement, the Notes, or the other Loan Documents, after the Closing Date, the rate of interest under any Loan which bears interest at a variable rate, shall be adjusted according to the following schedule should the Tangible Owner’s Equity of GPOGPCC, achieve the levels set forth below: Tangible Owner’s Equity Interest Rate Greater than or equal to 50.00% Applicable Rate less 50 basis points Upon delivery of the financial statements pursuant to Section 5.01(c)(i) for each fiscal year end beginning with the first fiscal year end after the Closing Date, the rate of interest for any Loan which bears interest at a variable rate shall automatically be adjusted in accordance with the Tangible Owner’s Equity set forth therein and the rates set forth above. Such automatic adjustment to the rate of interest shall take effect as of the first Business Day of the month following the month in which the Agent received the related financial statements pursuant to Section 5.01(c)(i).

Adjustments to Interest Rate. Notwithstanding any other provision of this Agreement, the Notes, or the other Loan Documents, after the Closing Dateend of Borrowers’ 2013 fiscal year end, the rate of interest under any Loan which bears interest at a variable rate, shall be adjusted according to the following schedule should the Tangible Owner’s Equity of GPOGPCC, achieve the levels set forth below: Tangible Owner’s Equity Interest Rate Greater than or equal to 50.00% Applicable Rate less 50 basis points Upon delivery of the financial statements pursuant to Section 5.01(c)(i) for each fiscal year end end, beginning with the first Borrowers’ 2013 fiscal year end after the Closing Dateend, the rate of interest for any Loan which bears interest at a variable rate shall automatically be adjusted in accordance with the Tangible Owner’s Equity set forth therein and the rates set forth above. Such automatic adjustment to the rate of interest shall take effect as of the first Business Day of the month following the month in which the Agent received the related financial statements pursuant to Section 5.01(c)(i).

Adjustments to Interest Rate. Notwithstanding any other provision of this Agreement, the Notes, or the other Loan Documents, after the Closing Dateend of Borrowers’ 2013 fiscal year end, the rate of interest under any Loan which bears interest at a variable rate, shall be adjusted according to the following schedule should the Tangible Owner’s Equity of GPO, achieve the levels set forth below: Exhibit 10.2 Tangible Owner’s Equity Interest Rate Greater than or equal to 50.00% Applicable Rate less 50 basis points Upon delivery of the financial statements pursuant to Section 5.01(c)(i) for each fiscal year end end, beginning with the first Borrowers’ 2013 fiscal year end after the Closing Dateend, the rate of interest for any Loan which bears interest at a variable rate shall automatically be adjusted in accordance with the Tangible Owner’s Equity set forth therein and the rates set forth above. Such automatic adjustment to the rate of interest shall take effect as of the first Business Day of the month following the month in which the Agent received the related financial statements pursuant to Section 5.01(c)(i).