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

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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. No Interest Period may end after the latest Facility Termination Date.

Appears in 5 contracts

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

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.10 to (but excluding not including) the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 4 contracts

Samples: Five Year Credit Agreement (Cardinal Health Inc), Five Year Credit Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc), 5 Year Revolving Credit Agreement (Applebees International Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date or, if the Borrower has elected the Term-Out Option, the Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Kansas City Power & Light Co), 364 Day Credit Agreement (Kansas City Power & Light Co)

Changes in Interest Rate, etc. Each Alternate Alternative Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate a Alternative Base Rate Advance pursuant to Section 2.92.2.3, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.2.3 hereof, at a rate per annum equal to the Alternate Alternative Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate a Alternative Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.2.2 and 2.9 2.2.3 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination DateLine of Credit Maturity.

Appears in 3 contracts

Samples: Credit Agreement (Mueller Industries Inc), Credit Agreement (Mueller Industries Inc), Credit Agreement (Mueller Industries Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 3 contracts

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

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance (other than a Non-Ratable Loan) 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 Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof2.8, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period with respect to Revolving Loans may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Credit Agreement (Tesoro Corp /New/)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Revolving Credit Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Revolving Credit Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections Section 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Revolving Credit Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Navigators Group Inc), Credit Agreement (Navigators Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall ----------------------------- bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Subsidiary Borrower’s 's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Related Facility Credit Agreement (Qad Inc), Related Facility Credit Agreement (Qad Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance (other than a Non-Ratable Loan) 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 Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period with respect to Revolving Loans may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Credit Agreement (Tesoro Corp /New/)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate a Base Rate Advance pursuant to Section SECTION 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section SECTION 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate a Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 a rate per annum equal to the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections SECTIONS 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Houghton Mifflin Co), Credit Agreement (Houghton Mifflin Co)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Pioneer Standard Electronics Inc), 364 Day Credit Agreement (Coachmen Industries Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate ABR 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 Eurocurrency Eurodollar Advance into an Alternate Base Rate ABR Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate ABR Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Ipc Holdings LTD), Credit Agreement (Ipc Holdings LTD)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to and in accordance with the terms of Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to and in accordance with the terms of Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Revolving Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 a rate per annum equal to the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Prior to the Commitment Termination Date, no Interest Period applicable to an Advance made by a Lender may end after the latest Facility Revolving Loan Termination DateDate applicable to such Lender.

Appears in 2 contracts

Samples: Five Year Credit Agreement (General Dynamics Corp), Amendment and Restatement Agreement (General Dynamics Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: 5 Year Revolving Credit Agreement (Zep Inc.), Revolving Credit Agreement (Acuity Brands Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency 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 The Borrower may not select any Interest Period may end that ends after the latest Facility Revolving Credit Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Duquesne Light Holdings Inc), Credit Agreement (Duquesne Light Holdings Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s Borrowers' selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Johnson Outdoors Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent Bank as applicable to such 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 Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Hurco Companies Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an a Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an a Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Dexter Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Revolving Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 a rate per annum equal to the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Maturity Date.

Appears in 1 contract

Samples: 364 Day Credit Agreement (General Dynamics Corp)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an a Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Dexter Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such 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 Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Covansys Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.9 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such 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 Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.9 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent Lender as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Johnson Outdoors Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to and in accordance with the terms of Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to and in accordance with the terms of Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Acuity Brands Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Revolving Credit Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Revolving Credit Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Navigators Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.12, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable 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 may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Moneygram International Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear ----------------------------- interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (DPL Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance ------------------------------ shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency 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 Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Depuy Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base 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 Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base 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 Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such dayday plus, if applicable, the Applicable Margin. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. 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 interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 Section 2.9 and 2.9 Section 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cooper Cameron Corp)