Common use of Domestic Rate Loans Clause in Contracts

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a 365 or 366 day year, as applicable, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (General Binding Corp), Credit Agreement (General Binding Corp), Credit Agreement (Sickinger Co)

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Domestic Rate Loans. Each Domestic Rate Loan made or maintained by a Bank shall bear interest during each Interest Period that it constitutes a Domestic Rate Loan (computed on the basis of a year of 365 or 366 day yeardays, as applicablethe case may be, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made advanced, continued or created by conversion from a Eurocurrency Loan until maturity (whether by acceleration or otherwise) the last day of such Interest Period at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 2 contracts

Samples: Maytag Corp, Maytag Corp

Domestic Rate Loans. Each Domestic Rate Loan made or maintained by a Bank shall bear interest during each Interest Period it is outstanding (computed on the basis of a 365 or 366 day year, as applicable, year of 360 days and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made advanced, continued or created by conversion from a Eurodollar Loan until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable its Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (Information Resources Inc), Information Resources Inc

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a year of 365 or 366 day yeardays, as applicablethe case may be, and actual days elapsed) each day on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effectapplicable for such day, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 2 contracts

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

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a year of 365 or 366 day yeardays, as applicablethe case may be, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Applicable Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 1 contract

Samples: Titan Wheel International Inc

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a 365 or 366 day year, as applicable, year of 360 days and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable quarterly in arrears on the last day of the applicable Interest Period each March, June, September and December in each year (commencing September 30, 1997) and at maturity (whether by acceleration or otherwise).

Appears in 1 contract

Samples: Revolving Credit Agreement (World Acceptance Corp)

Domestic Rate Loans. Each The aggregate principal amount of Domestic Rate Loan made by a Bank Loans outstanding from time to time shall bear interest (computed on the basis of a year of 365 or 366 day yeardays, as applicable, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until prior to maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Applicable Margin for Domestic Rate Margin Loans plus the Domestic Rate from time to time in effect, payable on the last day Business Day of the applicable Interest Period each calendar quarter and at maturity (whether by acceleration or otherwise).

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Clarcor Inc)

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Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a year of 365 or 366 day yeardays, as applicablethe case may be, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Applicable Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period Perio and at maturity (whether by acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Titan International Inc)

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a 365 or 366 day year, as applicable, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Applicable Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

Appears in 1 contract

Samples: Multicurrency Credit Agreement (General Binding Corp)

Domestic Rate Loans. Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a year of 365 or 366 day yeardays, as applicablethe case may be, and actual days elapsed) on the unpaid principal amount thereof from time to time outstanding from the date such Loan is made until maturity (whether by acceleration acceleration, prepayment or otherwise) at a rate per annum annum, determined daily, equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day Business Day of the applicable Interest Period each March, June, September and December and at maturity (whether by acceleration acceleration, prepayment or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Alumax Inc)

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