Common use of Eurocurrency Rate Advances Clause in Contracts

Eurocurrency Rate Advances. During such periods as such Advance is a Eurocurrency Rate Advance, subject to clauses (d) and (f) below, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (A) the Eurocurrency Rate for such Interest Period for such Advance plus (B) the Applicable Margin in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. For the avoidance of doubt, any Advance that is prepaid on the same day that it was made shall accrue interest for such day.

Appears in 2 contracts

Samples: Term Loan Agreement (Digital Realty Trust, L.P.), Term Loan Agreement (Digital Realty Trust, L.P.)

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Eurocurrency Rate Advances. During such periods as such Advance is a Eurocurrency Rate Advance, subject to clauses clause (d) and (fd)(ii) below, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (A) the Eurocurrency Rate for such Interest Period for such Advance plus (B) the Applicable Margin in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. For the avoidance of doubt, any Advance that is prepaid on the same day that it was made shall accrue interest for such day.

Appears in 1 contract

Samples: Credit Agreement (Digital Realty Trust, L.P.)

Eurocurrency Rate Advances. During such periods as such Revolving -------------------------- Advance is a Eurocurrency Rate Advance, subject to clauses (d) and (f) below, a rate per annum equal at all times during each Interest Period for such Revolving Advance to the sum of (Ax) the Eurocurrency Rate for such Interest Period for such Revolving Advance plus (By) the Applicable Margin in effect on the first day of such Interest ---- Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that which occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. For the avoidance of doubt, any Advance that is prepaid on the same day that it was made shall accrue interest for such day.

Appears in 1 contract

Samples: Credit Agreement (Cytec Industries Inc/De/)

Eurocurrency Rate Advances. During such periods as such Advance is a Eurocurrency Rate Advance, subject to clauses (d) and (f) below, a rate per annum equal at all times during each Interest Period for such Eurocurrency Rate Advance to the sum of (Ax) the Eurocurrency Rate for such Interest Period for such Eurocurrency Rate Advance plus (By) the Applicable Margin applicable to such Lender in effect on the first day of such Interest Periodfrom time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. For the avoidance of doubt, any Advance that is prepaid on the same day that it was made shall accrue interest for such day.Jabil Credit Agreement32 37

Appears in 1 contract

Samples: Credit Agreement (Jabil Inc)

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Eurocurrency Rate Advances. During such periods as such -------------------------- Revolving Credit Advance is a Eurocurrency Rate Advance, subject to clauses (d) and (f) below, a rate per annum equal at all times during each Interest Period for such Revolving Credit Advance to the sum of (A) the Eurocurrency Rate for such Interest Period for such Revolving Credit Advance plus and (B) the Applicable Margin in effect on the first day of from time to time during such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. For the avoidance of doubt, any Advance that is prepaid on the same day that it was made shall accrue interest for such day.

Appears in 1 contract

Samples: Credit Agreement (True North Communications Inc)

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