Common use of CP Costs Clause in Contracts

CP Costs. Borrowers, jointly and severally, shall pay CP Costs with respect to the principal balance of the Loans from time to time outstanding. Each Loan of a Conduit that is funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share that the principal in respect of such Loan that is funded with Pooled Commercial Paper represents in relation to all assets held by such Conduit and funded substantially with related Pooled Commercial Paper on such day.

Appears in 2 contracts

Samples: Credit and Security Agreement (Universal Health Services Inc), Credit and Security Agreement (Universal Health Services Inc)

AutoNDA by SimpleDocs

CP Costs. Borrowers, jointly and severally, The Borrower shall pay CP Costs with respect to the principal balance Capital associated with Loans of the Conduit for each day that any Capital with respect to such Loans from time to time is outstanding. Each Loan of a Conduit that is funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon on the percentage share that the principal Capital in respect of such Loan that is funded with Pooled Commercial Paper represents in relation to all assets held by such the Conduit and funded substantially with related Pooled Commercial Paper on such dayPaper.

Appears in 1 contract

Samples: Assignment Agreement (Reynolds & Reynolds Co)

CP Costs. Borrowers, jointly and severally, Borrower shall pay CP Costs with respect to the principal balance of the Loans from time to time outstanding. Each Loan of a Pool-Funded Conduit that is funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share that the principal in respect of such Loan that is funded with Pooled Commercial Paper represents in relation to all assets held by such Pool-Funded Conduit and funded substantially with related Pooled Commercial Paper on such day.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

CP Costs. Borrowers, jointly and severally, Borrower shall pay CP Costs with respect to the principal balance of the Loans from time to time outstanding. Each Loan of a Conduit that is funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share that the principal in respect of such Loan that is funded with Pooled Commercial Paper represents in relation to all assets held by such Conduit and funded substantially with related Pooled Commercial Paper on such day.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

AutoNDA by SimpleDocs

CP Costs. Borrowers, jointly and severally, The Borrower shall pay CP Costs with respect to the principal balance of the Loans Conduit Lender's Advances from time to time outstanding. Each Loan Advance of a the Conduit Lender that is funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share that the principal in respect of such Loan that is funded with Pooled Commercial Paper Advance represents in relation to all assets held by such the Conduit Lender and funded substantially with related Pooled Commercial Paper on such dayPaper.

Appears in 1 contract

Samples: Credit and Security Agreement (PMC Commercial Trust /Tx)

Time is Money Join Law Insider Premium to draft better contracts faster.