Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it becomes due 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. 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 or in the Applicable Floating Rate Margin. Each Eurodollar Advance shall bear interest 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 as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date.
Appears in 5 contracts
Samples: Credit Agreement (U S Home Corp /De/), Credit Agreement (U S Home Corp /De/), Credit Agreement (U S Home Corp /De/)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 2.2.4 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date.
Appears in 4 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Mge Energy Inc), Credit Agreement (Madison Gas & Electric Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 2.2.4 hereof, at a rate per annum equal to the Floating Rate plus the Base Rate Margin for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Mge Energy Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance ------------------------------ shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.3(f) to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 2.3(f) 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Fixed Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (National Data Corp), Credit Agreement (Global Payments Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.2.4, at a rate per annum equal to the Floating Rate plus the Base Rate Margin for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate or in the Applicable Floating Rate MarginRate. 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 a rate per annum equal to the interest rate determined as applicable to Adjusted LIBO Rate plus the LIBOR Margin for each such Eurodollar Advanceday. No Interest Period may end after the Facility Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.2.4, 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date.
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Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it becomes due 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. 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 or in the Applicable Floating Rate MarginPrime 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 as applicable to such Eurodollar Advance. No Eurodollar Interest Period may end after after, with respect to any Revolving Credit Loan, the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Committed Advance into a Floating Rate Advance pursuant to Section 2.9 2.3.6 to but excluding the date it becomes due or is converted into a Eurodollar Committed Advance pursuant to Section 2.9 2.3.6 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 or in the Applicable Floating Rate MarginRate. Each Eurodollar Fixed Rate Advance shall bear interest 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 as applicable to such Eurodollar Fixed Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Firstar Corp /Wi/)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.3(f) to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 2.3(f) 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Fixed Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall ----------------------------- bear interest on the outstanding principal amount thereof, for each day day, from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.9, to but excluding ----------- the date it becomes due 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. ----------- 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Advance. No Eurodollar Interest Period may end after the Facility Termination DateDate .
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Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 3.3 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 2.2.4 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 or in the Applicable Floating Rate MarginRate. 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 Eurodollar Rate as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Maturity Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.8, to but excluding the date it becomes due is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.8, at a rate per annum equal to the Floating Rate for such dayAlternate Base 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 or in the Applicable Floating Rate MarginRate. 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 Agent as applicable to such Eurodollar AdvanceAdvance based upon the Borrower's selections under Section 2.8 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Maturity Date.
Appears in 1 contract
Samples: Term Credit Agreement (Raymond James Financial Inc)
Changes in Interest Rate, etc. Each Floating Rate Advance ------------------------------ shall bear interest on at the outstanding principal amount thereof, for each day Alternate Base Rate from and including the date such Advance is made or is converted from a Ratable Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it 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. 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 or in the Applicable Floating Rate MarginRate. Each Eurodollar Advance and Absolute Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Eurodollar Interest Period at the interest rate determined as applicable to such Eurodollar Advance or Absolute Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Torchmark Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to but excluding the date it becomes due 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. 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Ratable Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it 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. 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 or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar Fixed Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall ------------------------------ bear interest on at the outstanding principal amount thereof, for each day Alternate Base Rate from and including the date such Advance is made or is converted from a Ratable Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it 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. 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 or in the Applicable Floating Rate MarginRate. Each Eurodollar Advance and Absolute Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Eurodollar Interest Period at the interest rate determined as applicable to such Eurodollar Advance or Absolute Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Torchmark Corp)
Changes in Interest Rate, etc. Each Floating Rate Advance shall ------------------------------ bear interest on at the outstanding principal amount thereof, for each day Floating Rate from and including the date of such Advance is made or is the date on which such Advance was converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 to (but excluding not including) the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the on which such Floating Rate for such dayAdvance is paid or converted to a Eurocurrency Ratable Advance. 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 or in the Applicable Floating Rate MarginRate. Each Eurodollar Eurocurrency Advance and Absolute Rate Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (to, but not including) , the last day of such Interest Period at the interest rate determined as applicable to such Eurodollar Eurocurrency Advance or Absolute Rate Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 2.2.4 to but excluding the date it becomes due or is converted into a Eurodollar Advance pursuant to Section 2.9 hereof2.2.4, at a rate per annum equal to the Floating Rate plus the Base Rate Margin for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate or in the Applicable Floating Rate MarginRate. 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 as applicable to such Eurodollar AdvanceAdvance based upon the Borrower’s selections under Sections 2.2.3 and 2.2.4 and the Pricing Schedule. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9 1.7, to but excluding the date it becomes due is paid or is converted into a Eurodollar Advance pursuant to Section 2.9 1.7 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 or in the Applicable Floating Rate MarginRate. 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 AdvanceAdvance based upon the Borrower's selection under Section 1.7 and otherwise in accordance with the terms hereof. No Interest Period may end after the Facility Termination Maturity Date.
Appears in 1 contract