Common use of Base Rate Loan Clause in Contracts

Base Rate Loan. Borrower 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 a rate per annum equal to the Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January 31, 2008, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit Agreement (Texas Capital Bancshares Inc/Tx)

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Base Rate Loan. Borrower 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 a rate per annum equal to the Derived Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January March 31, 20082010, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Base Rate Loan. Borrower 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 a rate per annum equal to the Derived Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January December 31, 20082007, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Netscout Systems Inc)

Base Rate Loan. Borrower 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 a rate per annum equal to the Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January 31March 1, 2008, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Aldila Inc)

Base Rate Loan. Borrower Borrowers 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 a rate per annum equal to the Derived Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January 31June 30, 20082011, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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Base Rate Loan. Borrower 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 a rate per annum equal to the Derived Base Rate (for Revolving Loans from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January 31September 30, 20082007, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Jupitermedia Corp)

Base Rate Loan. The Borrower 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 a rate per annum equal to the Derived Base Rate (from time to time in effect) minus one hundred twenty-five (125) basis points. Interest on such Base Rate Loan shall be payable, commencing January 31September 30, 20082014, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Ignite Restaurant Group, Inc.)

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