Common use of INCENTIVE PRICING Clause in Contracts

INCENTIVE PRICING. The interest rate applicable to the TERM LOAN and the REVOLVING LOAN is subject to reduction commencing six months subsequent to COMPLETION DATE, based on the business results of BORROWER. In the event that BORROWER maintains the following ratios, measured monthly, the interest rate will be reduced accordingly: If INDEBTEDNESS to NET WORTH is less than: Interest will be:

INCENTIVE PRICING. The interest rate applicable to the TERM LOAN and the REVOLVING LOAN is are subject to reduction commencing after a date six months subsequent to CONSTRUCTION COMPLETION DATE, based on the business results of BORROWER. In the event that BORROWER maintains the following ratios, measured monthly, the interest rate rates will be reduced accordingly: If INDEBTEDNESS to NET WORTH is less than: Interest will be:

INCENTIVE PRICING. The interest rate applicable to the TERM LOAN and the REVOLVING LOAN is are subject to reduction commencing after a date six months subsequent to CONSTRUCTION COMPLETION DATE, based on the business results of BORROWER. In the event that BORROWER maintains the following ratios, measured monthly, the interest rate rates will be reduced accordingly: If INDEBTEDNESS to NET WORTH is less than: Interest will be:

INCENTIVE PRICING. The interest rate applicable to the TERM LOAN and the REVOLVING LOAN is subject to reduction commencing six months subsequent to COMPLETION DATE, based on the business results of BORROWER. In the event that BORROWER maintains the following ratios, as measured monthlyat the end of each calendar quarter, the interest rate will be reduced accordingly: If INDEBTEDNESS to NET WORTH is less than: Interest will be: