Common use of Changes in Interest Rate, etc Clause in Contracts

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower'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. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 6 contracts

Samples: Credit Agreement (Chemed Corp), Credit Agreement (Roto-Rooter Inc), Credit Agreement (Headwaters Inc)

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Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 5 contracts

Samples: Credit Agreement (Seitel Inc), Credit Agreement (Coachmen Industries Inc), Credit Agreement (Coachmen Industries Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency 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 Notwithstanding anything herein to the contrary, no Borrower may select an Interest Period in respect of any Revolving Loan may end that ends after the Revolving Loan Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 4 contracts

Samples: Credit Agreement (Actuant Corp), Credit Agreement (Actuant Corp), Credit Agreement (Actuant Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.9, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Swing Line Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance or on a Swing Line Loan will take effect simultaneously with each change in the Alternate Base Rate or LIBOR Market Index Rate, respectively. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 scheduled Revolving Loan Credit Termination Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect order to make a mandatory prepayment required pursuant to the last sentence of any Term Loan may end after the Term Loan Maturity DateSection 2.2.

Appears in 4 contracts

Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Res Care Inc /Ky/), Credit Agreement (Encore Capital Group Inc)

Changes in Interest Rate, etc. Each Floating Base Rate Advance (other than a Swing Line 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 LIBOR Advance into a Floating Base Rate Advance pursuant to Section 2.92.11, to but excluding the date it is paid or is converted into a Eurodollar LIBOR Advance pursuant to Section 2.9 2.11 hereof, at a rate per annum equal to the Floating Base Rate for such day. Each Swing Line Swingline Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day date such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the Floating Base Rate for such day. Changes in the rate of interest on any Swingline Loan and 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 LIBOR Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar LIBOR Advance based upon the Borrower's ’s selections under Sections 2.8 2.10 and 2.9 2.11 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Swing Line Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance or on a Swing Line Loan will take effect simultaneously with each change in the Alternate Base Rate or LIBOR Market Index Rate, as applicable. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 Facility Termination Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect of any Term Loan may end after the Term Loan Maturity Dateorder to make a mandatory prepayment required pursuant to Section 2.2.

Appears in 3 contracts

Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp), Credit Agreement (OGE Enogex Partners L.P.)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower'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. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Chemed Corp), Credit Agreement (Chemed Corp), Credit Agreement (Res Care Inc /Ky/)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.9, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Swing Line Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance or on a Swing Line Loan will take effect simultaneously with each change in the Alternate Base Rate or LIBOR Market Index Rate, respectively. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower'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 scheduled Revolving Loan Credit Termination Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect order to make a mandatory prepayment required pursuant to the last sentence of any Term Loan may end after the Term Loan Maturity DateSection 2.2.

Appears in 3 contracts

Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate for such dayday or, if the Swing Line Lender and the Borrower have agreed in writing that such Swing Line Loan should bear interest at a different rate, such rate. 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower'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. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Chemed Corp), Credit Agreement (Chemed Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.8, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Eurodollar Interest Period applicable thereto to (but not including) the last day of such Eurodollar Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Eurodollar Interest Period in with respect of to any Revolving Loan may end after the Revolving Loan Termination Date. No The Borrower shall use commercially reasonable efforts to select Eurodollar Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Eurodollar Interest Period in respect of any Term Loan may end after the Term Loan Maturity Dateorder to make a mandatory repayment required by this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date2.

Appears in 2 contracts

Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Kimball International Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate for such dayday or such other rate as may be separately agreed between the Swing Line Lender and the Company. 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency 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 Notwithstanding anything herein to the contrary, no Borrower may select an Interest Period in respect of any Revolving Loan may end that ends after the Revolving Loan Termination Date. No Interest Period Date (or, in respect the case of any Incremental Term Loan may end after Loans, the Term Loan Maturity Datematurity date applicable thereto).

Appears in 2 contracts

Samples: Credit Agreement (Actuant Corp), Credit Agreement (Actuant Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Tecumseh Products Co), Credit Agreement (Tecumseh Products Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the Borrower's Borrowers' selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 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 2.9 2.2.4 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 Fixed Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofFixed Rate Advance. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan scheduled Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Amli Residential Properties Trust), Credit Agreement (Amli Residential Properties Trust)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect of any Term Loan may end after the Term Loan Maturity Dateorder to make a mandatory repayment required pursuant to Section 2.2.

Appears in 2 contracts

Samples: Credit Agreement (Midas Inc), Credit Agreement (Midas Inc)

Changes in Interest Rate, etc. Each Floating Alternate Base Rate Advance (other than a Swing Line 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 Term SOFR Advance into a Floating an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Term SOFR Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Alternate Base Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the 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 Term SOFR Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate Adjusted Term SOFR Rate determined by the Administrative Agent as applicable to such Eurodollar Term SOFR Advance based upon the applicable Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. Each XXXXX Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made to but excluding the date it is paid, at a rate per annum equal to XXXXX for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance or XXXXX Advance will take effect simultaneously with each change in the Alternate Base Rate or XXXXX, as applicable. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan latest Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Aon PLC), Credit Agreement (Aon PLC)

Changes in Interest Rate, etc. Each Floating Rate ABR Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate an ABR Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate ABR for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate ABR for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate an ABR 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Kimball International Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 EurodollarSOFR Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar EurodollarSOFR Advance pursuant to Section 2.9 hereof2.9, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Swing Line Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance or on a Swing Line Loan will take effect simultaneously with each change in the Alternate Base Rate or LIBORSOFR Market Index Rate, respectively. Each Eurodollar EurodollarSOFR Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar EurodollarSOFR Advance based upon the 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 scheduled Revolving Loan Credit Termination Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a EurodollarSOFR Advance prior to the last day of the applicable Interest Period in respect order to make a mandatory prepayment required pursuant to the last sentence of any Term Loan may end after the Term Loan Maturity DateSection 2.2.

Appears in 2 contracts

Samples: Credit Agreement (Oklahoma Gas & Electric Co), Credit Agreement (Oklahoma Gas & Electric Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.10 thereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Coachmen Industries Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the Floating Rate for such dayday or at such other rate per annum as shall be agreed to by the Swing Line Lender and the Company. 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency 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 in respect of any Revolving Loan may end after the Revolving Loan Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Patterson Dental Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day date such Swing Line Loan is made to but excluding the date it is fully paid becomes due, at a rate per annum equal to the Floating Rate for each such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance and on each Swing Line Loan 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Transit Group Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such dayRate. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Unitrin Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other ------------------------------ than a Swing Line AdvanceLoan) 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 2.92.11, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.11 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's selections under Sections 2.8 2.10 and 2.9 2.11 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Luiginos Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day date such Swing Line Loan is made made, to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance and on any Swing Line Loan 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ryland Group Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceSwingline Loans) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Swingline Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Swingline Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

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Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Notwithstanding anything herein to the contrary, (i) with respect to the Term Loans, the Borrower may not select an Interest Period in that ends after the Term Loan Maturity Date and (ii) with respect of any to the Revolving Loan Loans, the Borrower may end not select an Interest Period that ends after the Revolving Loan Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Actuant Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.12, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.12, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate Eurodollar Rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.8 2.11 and 2.9 2.12 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (SCP Pool Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceSwingline Loans) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Swingline Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Swingline Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period (Chicago time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in respect the case of any Term Loan may end after the Term Loan Maturity Datea principal payment, such extension of time shall be included in computing interest in connection with such payment.

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Overnight Transaction Loan 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Clark Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 2.92.12, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's Borrower Representative’s selections under Sections 2.8 2.11 and 2.9 2.12 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No The Borrower Representative shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect of any Term Loan may end after the Term Loan Maturity Dateorder to make a mandatory repayment required pursuant to Section 2.4.

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as Eurodollar Rate applicable to such Eurodollar Advance based upon the 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 Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Department 56 Inc)

Changes in Interest Rate, etc. Each Floating ----------------------------- Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate for such dayday or, if the Swing Line Lender and the Borrower have agreed in writing that such Swing Line Loan should bear interest at a different rate, such rate. 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Overnight Transaction Loan 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Clark Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan that bears interest at the Floating Rate or the Offered Rate shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate or the Offered Rate, as applicable, for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance or bearing interest at the Offered Rate will take effect simultaneously with each change in the Alternate Base Rate or Offered Rate, as applicable. Each Eurodollar Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the applicable Borrower's ’s selections under Sections 2.8 2.5.2 and 2.9 2.9, as applicable, and Section 2.10 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cooper Cameron Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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 2.92.12, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.8 2.11 and 2.9 2.12 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period on Loans outstanding on the Effective Date shall be calculated (x) for periods up to and including the Effective Date at the rates set forth on the Pricing Schedule in respect of any Term Loan may end the Existing Credit Agreement and (y) for periods after the Term Loan Maturity DateEffective Date at the rates set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Moneygram International Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the Borrower'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 Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Covansys Corp)

Changes in Interest Rate, etc. Each Floating Base Rate Advance (other than a Swing Line 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.9, at a rate per annum equal to the Floating Base Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Swing Line Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Base Rate Advance or on a Swing Line Loan will take effect simultaneously with each change in the Alternate Base Rate or Eurodollar Rate, respectively. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate Eurodollar Rate for such Interest Period, as determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofAgent. No Interest Period in respect of any Revolving Loan may end after the earliest Scheduled Revolving Loan Termination Credit Maturity Date. No The Borrower shall select Interest Periods so that it is not necessary to repay any portion of a Eurodollar Advance prior to the last day of the applicable Interest Period in respect order to make a mandatory prepayment required pursuant to the last sentence of any Term Loan may end after the Term Loan Maturity DateSection 2.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Enable Midstream Partners, LP)

Changes in Interest Rate, etc. Each Floating Rate Advance Loan (other than a Swing Line AdvanceLoan) shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance Loan is made or is automatically converted from a Eurodollar Advance Loan into a Floating Rate Advance Loan pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurodollar Advance Loan pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, thereof for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the Floating Rate for such day. Changes in the rate of interest on that portion of any Advance Loan maintained as a Floating Rate Advance Loan will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Advance Loan shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance Loan based upon the Borrower'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 Facility Termination Date. No The Borrower shall select Interest Periods applicable to portions of the Term Loan being maintained as Eurodollar Loans so that it is not necessary to repay any portion of a Eurodollar Loan prior to the last day of the applicable Interest Period in respect of any Term Loan may end after the Term Loan Maturity Dateorder to make a regularly scheduled payment required pursuant to Section 2.2.

Appears in 1 contract

Samples: Credit Agreement (Franklin Covey Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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 2.92.12, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.8 2.11 and 2.9 2.12 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period on Loans outstanding on the Effective Date shall be calculated (a) for periods up to and including the Effective Date based on the Pricing Schedule set forth in respect of any Term Loan may end the Existing Credit Agreement and (b) for periods after the Term Loan Maturity DateEffective Date based on the Pricing Schedule set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Moneygram International Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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 Eurocurrency Advance into a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurodollar Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Eurocurrency Advance based upon the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bio Rad Laboratories Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the 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 Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Actuant Corp)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line 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 2.92.11, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.11 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Swingline Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day date such Swing Line Loan is made to but excluding the date it is fully paid at a rate per annum equal to the Floating Rate for such day. Changes in the rate of interest on any Swingline Loan and 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's ’s selections under Sections 2.8 2.10 and 2.9 2.11 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Sei Investments Co)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoan) 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, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid paid, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the 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 in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (International Fibercom Inc)

Changes in Interest Rate, etc. Each Floating Rate Advance (other than a Swing Line AdvanceLoans) 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 2.92.12, to but excluding the date it is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Floating Rate for such day. Each Swing Line Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Line Loan is made to but excluding the date it is fully paid hereof, at a rate per annum equal to the 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 the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined by the Administrative Agent as applicable to such Eurodollar Advance based upon the Borrower's selections under Sections 2.8 2.11 and 2.9 2.12 and otherwise in accordance with the terms hereof. No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Facility Termination Date. No Interest Period in respect of any Term Loan may end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Moneygram International Inc)

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