Common use of Base Rate Revolving Loans Clause in Contracts

Base Rate Revolving Loans. During such periods as such Loan is a Base Rate Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin, payable in arrears quarterly on the last day of each January, April, July and October during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 4 contracts

Samples: Security Agreement (Eastman Kodak Co), Security Agreement (Eastman Kodak Co), Credit Agreement

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Base Rate Revolving Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin, payable in arrears quarterly on the last day of each January, April, July and October during such periods and on the date such Base Rate Revolving Loan shall be Converted or paid in full.

Appears in 2 contracts

Samples: Intercreditor Agreement (Eastman Kodak Co), Intellectual Property Security Agreement (Eastman Kodak Co)

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Base Rate Revolving Loans. During such periods as such Revolving Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable MarginMargin in effect from time to time, payable in arrears quarterly monthly on the last first day of each January, April, July and October during such periods calendar month and on the date such Base Rate Revolving Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Eastman Kodak Co)

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