Common use of Eurodollar Tranches Clause in Contracts

Eurodollar Tranches. The portion of the Loans comprising each Eurodollar Tranche shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Tranche plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 3 contracts

Samples: Second Lien Term Loan Agreement (Petrohawk Energy Corp), Second Lien Term Loan Agreement (Rosetta Resources Inc.), Second Lien Term Loan Agreement (Petrohawk Energy Corp)

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Eurodollar Tranches. The portion of the Loans comprising each Eurodollar Tranche shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Tranche plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 2 contracts

Samples: Second Lien Term Loan Agreement (Linn Energy, LLC), Second Lien Bridge Loan Agreement (Linn Energy, LLC)

Eurodollar Tranches. The portion of the Loans comprising each Eurodollar Tranche shall bear interest at the Adjusted sum of the LIBO Rate for the Interest Period in effect for such Tranche plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Jones Energy, Inc.)

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Eurodollar Tranches. The portion of the Floating Rate Loans comprising each Eurodollar Tranche shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Tranche plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Rosetta Resources Inc.)

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