Alternative Currency Daily Rate Advances. During such periods as such Advance is an Alternative Currency Daily Rate Advance, a rate per annum equal to all times to the sum of (x) Alternative Currency Daily Rate applicable to such Advances, as in effect from time to time (it being understood that XXXXX shall be determined on a daily basis) plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last Business Day of each calendar month and the Termination Date, in each case payable in the applicable Alternative Currency.
Appears in 3 contracts
Samples: Syndicated Facility Agreement (Sealed Air Corp/De), Syndicated Facility Agreement (Sealed Air Corp/De), Syndicated Facility Agreement (Sealed Air Corp/De)
Alternative Currency Daily Rate Advances. During such periods as such Revolving Credit Advance is an Alternative Currency Daily Rate Advance, a rate per annum equal to at all times to the sum of (x) the Alternative Currency Daily Rate applicable to such Advances, as in effect from time to time (it being understood that XXXXX shall be determined on a daily basis) plus (y) the Applicable Margin in effect from time to time, payable in arrears monthly on the last Business Day of each calendar month during such periods and on the Termination Date, date such Alternative Currency Daily Rate Advance shall be Converted or paid in each case payable in the applicable Alternative Currencyfull.
Appears in 3 contracts
Samples: Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)
