Common use of Base Rate Loan Clause in Contracts

Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1, 2008, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at the Base Rate from time to time in effect.

Appears in 1 contract

Samples: Credit and Security Agreement (Aldila Inc)

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Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1, 2008on the first Regularly Scheduled Payment Date after the Conversion Date, 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) minus one hundred twenty-five (125.00) basis points.

Appears in 1 contract

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

Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 131, 20082010, 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 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Base Rate Loan. With respect to any portion of the Term Loan B that is a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1September 30, 20082007, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at the Derived Base Rate for Term Loan B from time to time in effect.

Appears in 1 contract

Samples: Credit and Security Agreement (Jupitermedia Corp)

Base Rate Loan. With respect to any portion of the Term Loan that is shall be a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1December 31, 20082005, 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 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, the Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1September 30, 20082014, and continuing on each Regularly Scheduled Payment Date thereafter and at on the maturity thereofTerm Loan Maturity Date, at the Derived Base Rate from time to time in effect.

Appears in 1 contract

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

Base Rate Loan. With respect to any portion of the Term Loan that is a Base Rate Loan, Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing March 1December 31, 20082007, 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 1 contract

Samples: Credit and Security Agreement (Netscout Systems Inc)

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