Common use of Floating LIBOR Advances Clause in Contracts

Floating LIBOR Advances. The unpaid principal amount of each Floating LIBOR Advance shall bear interest prior to maturity at a rate per annum equal to the LIBOR Rate in effect for each day plus the Applicable Margin for Fixed LIBOR Advances.

Appears in 4 contracts

Samples: Credit Agreement (Graco Inc), Credit Agreement (Graco Inc), Omnibus Amendment (Graco Inc)

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Floating LIBOR Advances. The unpaid principal amount of each Floating LIBOR Advance shall bear interest prior to maturity at a rate per annum equal to the LIBOR Rate in effect for each day plus the Applicable Margin for Fixed LIBOR AdvancesMargin.

Appears in 1 contract

Samples: Credit Agreement (Graco Inc)

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