Common use of Canadian Prime Rate Loans Clause in Contracts

Canadian Prime Rate Loans. Subject to Section 2.06(e), the Loans comprising each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to time.

Appears in 6 contracts

Samples: Credit Agreement (SGS International, Inc.), Credit Agreement (Southern Graphic Systems, Inc.), Credit Agreement (Linens N Things Inc)

AutoNDA by SimpleDocs

Canadian Prime Rate Loans. Subject to the provisions of Section 2.06(e2.06(f), the Loans comprising each Canadian Prime Rate Borrowing Loan, during the period such Revolving Loan is a Canadian Prime Rate Loan, shall bear interest at a rate per annum equal to the Canadian Prime Rate in effect therefor plus the Applicable Margin in effect from time to time.

Appears in 5 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the During such periods as Canadian Revolving Loans comprising each shall be comprised of Canadian Prime Rate Borrowing Loans, each such Canadian Prime Rate Loan shall bear interest at a rate per annum rate equal to the sum of the Canadian Prime Rate plus the Applicable Margin in effect from time to time.Percentage;

Appears in 4 contracts

Samples: Amendment No. 3 (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the The Loans comprising constituting each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to timetime plus the Applicable Rate.

Appears in 1 contract

Samples: Credit Agreement (Bowater Inc)

AutoNDA by SimpleDocs

Canadian Prime Rate Loans. Subject to Section 2.06(e), the The Loans comprising constituting each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to timetime plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Hertz Corp)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the Loans comprising each Each Canadian Prime Rate Borrowing Loan shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to timeRate.

Appears in 1 contract

Samples: Credit Agreement (Maverick Tube Corporation)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!