Common use of Interest on Canadian Revolving Loans Clause in Contracts

Interest on Canadian Revolving Loans. (i) Each Canadian Base Rate Loan made by each Canadian Lender shall bear interest on the outstanding principal amount thereof at a fluctuating rate per annum that shall at all times be equal to the Canadian Base Rate plus the Applicable Margin in effect from time to time.

Appears in 3 contracts

Samples: Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp)

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Interest on Canadian Revolving Loans. (i) Each Canadian Base Rate Loan made by each Canadian Lender shall bear interest on the outstanding principal amount thereof at a fluctuating rate per annum that shall at all times be equal to the Canadian Base Rate plus the Applicable Margin in effect from time to time.

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

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