Common use of Eurodollar Advance Clause in Contracts

Eurodollar Advance. The unpaid principal of each Eurodollar Advance (inclusive of any rollover of or conversion to a Eurodollar Borrowing) shall bear interest from the date of advance until paid at a rate per annum which shall from day to day be equal to the lesser of (i) the Maximum Rate or (ii) the sum of the Adjusted InterBank Rate for the Interest Period in effect plus the Applicable Margin.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Cross Timbers Oil Co), Revolving Credit Agreement (Cross Timbers Oil Co)

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Eurodollar Advance. The unpaid principal of each Eurodollar ------------------ Advance (inclusive of any rollover of or conversion to a Eurodollar Borrowing) shall bear interest from the date of advance until paid at a rate per annum which shall from day to day be equal to the lesser of (i) the Maximum Rate or (ii) the sum of the Adjusted InterBank Rate for the Interest Period in effect plus the Applicable Margin.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Cross Timbers Oil Co), Revolving Credit Agreement (Cross Timbers Oil Co)

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