Common use of FIXED RATE ALTERNATIVE PRICING Clause in Contracts

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit at a fixed rate ("Fixed Rate") which shall be approximately equivalent to 2.000% per annum in excess of the rate which the Bank determines, in its sole and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit at a fixed rate ("Fixed Rate") which shall be approximately be, at the Borrower's option, either equivalent to 2.0001.5% per annum in excess of the rate which the Bank determines, Cost of Funds Rate or 1.5% per annum in its sole and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount excess of the relevant Advance and for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the BankLIBOR Rate. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the minimum of at least 7 days and not exceed a maximum of 90 365 days and provided further that any Interest interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Crop Line of Credit at a fixed rate ("Fixed Rate") which shall to be approximately equivalent quoted and offered by the Bank from time to 2.000% per annum in excess time upon the request of the rate which the Borrower. The Bank determines, in its sole shall only quote and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and offer such Fixed Rate for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter 250,000.00 and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 30 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on as per the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period"Variable Rate". If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit at a fixed rate ("Fixed Rate") which shall be approximately equivalent to 2.0002.0% per annum in excess of the rate which Cost of Funds Rate or, at the Bank determinesBorrower's option, 2.0% per annum in its sole and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount excess of the relevant Advance and for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the BankEurodollar Rate. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 10,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 30 days and not exceed a maximum of 90 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, interest until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Equipment Line of Credit at a fixed rate ("Fixed Rate") which shall be approximately equivalent to 2.0002.0% per annum in excess of the rate which Cost of Funds Rate or, at the Bank determinesBorrower's option, 2.0% per annum in its sole and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount excess of the relevant Advance and for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the BankEurodollar Rate. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 10,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 30 days and not exceed a maximum of 90 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, interest until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit Equipment Purchase facility at a fixed rate ("Fixed Rate") which shall to be approximately equivalent quoted and offered by the Bank from time to 2.000% per annum in excess time upon the request of the rate which the Borrower. The Bank determines, in its sole shall only quote and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and offer such Fixed Rate for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 30 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of basis described above with respect to the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest PeriodVariable Rate. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit at a fixed rate ("Fixed Rate") which shall to be approximately equivalent quoted and offered by the Bank from time to 2.000% per annum in excess time upon the request of the rate which the Borrower. The Bank determines, in its sole shall only quote and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and offer such Fixed Rate for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter ______________ and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Line of Credit Equipment Purchase facility at a fixed rate ("Fixed Rate") which shall to be approximately equivalent quoted and offered by the Bank from time to 2.000% per annum in excess time upon the request of the rate which the Borrower. The Bank determines, in its sole shall only quote and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and offer such Fixed Rate for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 30 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of basis described above with respect to the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest PeriodVariable Rate. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.. (i)

FIXED RATE ALTERNATIVE PRICING. In addition to Advances based upon the Variable Rate ("Variable Rate Advances"), at the Borrower's election, the Bank hereby agrees to make Advances to the Borrower under this Crop Line of Credit at a fixed rate ("Fixed Rate") which shall to be approximately equivalent quoted and offered by the Bank from time to 2.000% per annum in excess time upon the request of the rate which the Borrower. The Bank determines, in its sole shall only quote and absolute discretion, to be equal to the Bank's cost of acquiring funds in an amount approximately equal to the amount of the relevant Advance and offer such Fixed Rate for a period of time approximately equal to the relevant Interest Period (as defined below). Such cost of funds shall be adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase of such funds by the Bank. Such Advances shall be in the minimum amount of $100,000.00 and in $100,000.00 increments thereafter and for such period of time (each an "Interest Period") as the Bank may quote and offer, provided that the Interest Period shall be for a minimum of at least 7 days and not exceed a maximum of 90 30 days and provided further that any Interest Period shall not extend beyond the Expiration Date (as defined below) of this facility. Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances". Interest on any Fixed Rate Advance shall be computed on the basis of 360 days per year but charged on the actual number of days elapsed. The Borrower hereby promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period of 90 days or less on the last day of the relevant Interest Period. The Borrower further promises and agrees to pay the Bank interest on any Fixed Rate Advance with an Interest Period in excess of 90 days on a quarterly basis (i.e., on the last day of each 90-day period occurring in such Interest Period) and on the last day of the relevant Interest Period. If interest is not paid as and when it is due, the amount of such unpaid interest shall bear interest, until paid in full, at a rate of interest equal to the Variable Rate.