Base Rate Loan. Core Molding shall pay interest on the unpaid principal amount of a Revolving Loan that is a Base Rate Loan outstanding from time to time, from the date thereof until paid at the Derived Base Rate from time to time in effect. Interest on such Base Rate Loan shall be payable, commencing January 1, 2009, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.
Appears in 2 contracts
Samples: Credit Agreement (Core Molding Technologies Inc), Credit Agreement (Core Molding Technologies Inc)
Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Core Molding shall pay interest on the unpaid principal amount of a Revolving Loan that is a Base Rate Loan thereof outstanding from time to time, time from the date thereof until paid at the Derived Base Rate from time to time in effect. Interest on such Base Rate Loan shall be payablepaid, commencing January 1, 2009, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at the Derived Base Rate from time to time in effect.
Appears in 2 contracts
Samples: Credit Agreement (Core Molding Technologies Inc), Credit Agreement (Core Molding Technologies Inc)
Base Rate Loan. Core Molding shall pay interest on the unpaid principal amount of a an Expansion Revolving Loan that is a Base Rate Loan outstanding from time to time, from the date thereof until paid at the Derived Base Rate from time to time in effect. Interest on such Base Rate Loan shall be payable, commencing January July 1, 20092011, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.
Appears in 1 contract
Samples: Sixth Amendment Agreement (Core Molding Technologies Inc)
Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Core Molding shall pay interest on the unpaid principal amount of a Revolving Loan that is a Base Rate Loan thereof outstanding from time to time, time from the date thereof until paid at the Derived Base Rate from time to time in effect. Interest on such Base Rate Loan shall be payablepaid, commencing January April 1, 2009, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at a rate per annum equal to the Base Rate from time to time in effect.
Appears in 1 contract
Samples: Second Amendment Agreement (Core Molding Technologies Inc)
Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Core Molding shall pay interest on the unpaid principal amount of a Revolving Loan that is a Base Rate Loan thereof outstanding from time to time, time from the date thereof until paid at the Derived Base Rate from time to time in effect. Interest on such Base Rate Loan shall be payablepaid, commencing January April 1, 2009, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at a rate per annum equal to three hundred (300.00) basis points in excess of the Base Rate from time to time in effect.
Appears in 1 contract
