Common use of Interest on Alternate Base Rate Loans Clause in Contracts

Interest on Alternate Base Rate Loans. Except as otherwise provided in §4.9, each Alternate Base Rate Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the last day of the Interest Period with respect thereto (unless earlier paid in accordance with §2.9) at a rate equal to the Alternate Base Rate plus the Applicable Margin for Alternate Base Rate Loans, if any.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty Corp)

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Interest on Alternate Base Rate Loans. Except as otherwise provided in §4.9ss.4.9, each Alternate Base Rate Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the last day of the Interest Period with respect thereto (unless earlier paid in accordance with §2.9) at a rate equal to the Alternate Base Rate plus the Applicable Margin for Alternate Base Rate Loans, if anyss.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mack Cali Realty Corp)

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Interest on Alternate Base Rate Loans. Except as otherwise provided in §Section 4.9, each Alternate Base Rate Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the last day of the Interest Period with respect thereto (unless earlier paid in accordance with §Section 2.9) at a rate equal to the Alternate Base Rate plus PLUS the Applicable Margin for Alternate Base Rate Loans, if any.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mack Cali Realty Corp)

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