Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each Interest Period applicable thereto to the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.
Appears in 6 contracts
Samples: 364 Day Credit Agreement (Atlantic City Electric Transition Funding LLC), Credit Agreement (Atlantic City Electric Co), Credit Agreement (Pepco Holdings Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 5 contracts
Samples: Credit Agreement (Rli Corp), Credit Agreement (Rli Corp), Credit Agreement (Gulf Island Fabrication Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 4 contracts
Samples: Credit Agreement (Magnetek Inc), Credit Agreement (Patterson Dental Co), Credit Agreement (Unitrin Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 4 contracts
Samples: Loan Agreement (Amrep Corp), Credit Agreement (Industrial Distribution Group Inc), Credit Agreement (Wam Net Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Floating Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 3 contracts
Samples: 364 Day Credit Agreement (Cardinal Health Inc), 364 Day Credit Agreement (Cardinal Health Inc), 364 Day Credit Agreement (Cardinal Health Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.2.4, at a rate per annum equal to the Alternate Floating Rate plus the Base Rate Margin for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each the Interest Period applicable thereto to the last day of such Interest Period at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon Advance. No Interest Period may end after the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofFacility Termination Date.
Appears in 3 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 3 contracts
Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Penn Virginia Corp), Credit Agreement (Maytag Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each Interest Period applicable thereto to the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof.
Appears in 2 contracts
Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 Section 2.9 and 2.9 Section 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Stated Facility Termination Date.
Appears in 2 contracts
Samples: Term Loan Agreement (Oge Energy Corp.), Term Loan Agreement (Oge Energy Corp.)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Prime Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Aetna Industries Inc), Credit Agreement (Aetna Industries Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Vectren Corp), Credit Agreement (Vectren Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Commitment Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Vectren Corp), Credit Agreement (Vectren Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8 to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each Interest Period applicable thereto to the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof.
Appears in 2 contracts
Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the scheduled Termination Date.
Appears in 2 contracts
Samples: Term Loan Agreement (Enable Midstream Partners, LP), Term Loan Agreement (Oge Energy Corp.)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.6 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9, 2.2.6 at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofAdvance.
Appears in 2 contracts
Samples: Loan Agreement (Richardson Electronics LTD/De), Loan Agreement (Richardson Electronics LTD/De)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due, is paid prepaid or is converted into a Eurodollar Advance pursuant to Section 2.92.2.4, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period or, with respect to any principal amount prepaid pursuant to Section 2.7, the date of such prepayment, at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofAdvance.
Appears in 2 contracts
Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.interest rate
Appears in 2 contracts
Samples: 364 Day Credit Agreement (Cardinal Health Inc), 364 Day Credit Agreement (Cardinal Health Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Revolving Credit Agreement (DPL Inc), Revolving Credit Agreement (Dayton Power & Light Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.
Appears in 1 contract
Samples: Credit Agreement (Integra Bank Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar an Advance of another Type pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.
Appears in 1 contract
Samples: Revolving Credit Agreement (Bok Financial Corp Et Al)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.2.4, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date or, with respect to any Advance based upon required to be repaid to satisfy the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.mandatory reduction requirements of Section
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.7, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.7 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.6 and 2.9 2.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Maturity Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2(d) to but excluding the date it becomes due, is paid prepaid or is converted into a Eurodollar Advance pursuant to Section 2.92.2(d), at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period or, with respect to any principal amount prepaid pursuant to Section 2.7, the date of such prepayment, at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofAdvance.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Changes in Interest Rate, etc. (a) Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Floating Rate Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance Loan maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. .
(b) Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Term Loan Credit Agreement
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Tc Pipelines Lp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period selected with respect to an Advance of the Revolving Loan may end after the Facility Termination Date, and no Interest Period selected with respect to an Advance of the Term Loan may end after September 30, 2006.
Appears in 1 contract
Samples: Credit Agreement (Dmi Furniture Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.2.4, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofAdvance.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8, at a rate per annum equal to the Alternate Base Rate for such dayRate. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Revolving Credit Agreement (Raymond James Financial Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Floating Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Maturity Date known at the time such Interest Period is elected.
Appears in 1 contract
Samples: Bridge Loan Agreement (Cintas Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.09 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Miller Mechanical Contractors Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: 5 Year Revolving Credit Agreement (Acuity Brands Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofhereof No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Loan Agreement (Equity Oil Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Floating Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.11 to the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.11, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from the first day of each Interest Period applicable thereto to the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.10 and 2.9 2.11 and otherwise in accordance with the terms hereof.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and Including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate applicable to such Eurodollar Advance based upon interest rate determined by the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof.Agent as
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Base Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate applicable to for such Eurodollar Advance based upon Interest Period, as determined by the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with Agent. No Interest Period may end after the terms hereofScheduled Maturity Date.
Appears in 1 contract
Samples: Term Loan Agreement (Enable Midstream Partners, LP)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar another Type of Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar another Type of Advance pursuant to Section 2.92.10, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance and Transaction Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance and Transaction Rate Advance based upon the applicable Borrower's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Final Maturity Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period or the date it is paid pursuant to Section 2.7, whichever is earlier, at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Final Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Xcel Energy Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.7, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.2.7 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Lender as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.2.6 and 2.9 2.2.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Secured Credit Agreement (Wells Gardner Electronics Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.7, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.7 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 Section 2.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it is paid becomes due or is converted into a Eurodollar Advance pursuant to Section 2.92.2.4, at a rate per annum equal to sum of the Alternate Base Rate for such dayday plus the Applicable Base Rate Margin. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at a rate per annum equal to sum of the Eurodollar Rate applicable to for such day plus the Applicable Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofRate Margin.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.7, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.2.7 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Prime Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Lender as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.2.6 and 2.9 2.2.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Floating Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the Revolving Loan Termination Date.
Appears in 1 contract
Samples: 364 Day Revolving Credit Agreement (Acuity Brands Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Abx Air Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.7, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.2.7 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 2.2.6 and 2.9 2.2.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 2.9, plus the Applicable Margin from time to time in effect, and otherwise in accordance with the terms hereof. No Interest Period may end after the Commitment Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Vectren Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Bank as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Final Maturity Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Lender as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount balance thereof, for each day from and including the date of such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's Borrower Representative’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
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Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.09, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.92.09 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the applicable Borrower's ’s selections under Sections 2.8 2.08 and 2.9 2.09 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Date.
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Samples: Credit Agreement (NVR Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall ----------------------------- bear interest on the outstanding principal amount thereof, for each day from and including the date such Ratable Advance is made or is converted from a Eurodollar Ratable Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it is paid becomes due or is converted into a Eurodollar Ratable Advance pursuant to Section 2.92.2.4, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Ratable Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Fixed Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of each the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurodollar Rate interest rate determined as applicable to such Eurodollar Advance based upon the applicable Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofFixed Rate Advance.
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