Common use of Interest on Canadian Swingline Loans Clause in Contracts

Interest on Canadian Swingline Loans. Subject to the provisions of Section 2.8, Canadian Swingline Loans shall bear interest at a per annum rate equal to, at the election of the Canadian Borrower, (i) the U.S. Base Rate plus the Applicable Margin or (ii) the Canadian Prime Rate plus the Applicable Margin. Interest on Canadian Swingline Loans shall be payable in arrears on each Interest Payment Date.

Interest on Canadian Swingline Loans. Subject to the provisions of Section 2.8, Canadian Swingline Loans shall bear interest at a per annum rate equal to, at the election of the Canadian Borrower, to (i) in the case of U.S. Dollar Swingline Loans, the U.S. Base Rate plus the Applicable Margin Percentage or (ii) in the case of Canadian Dollar Swingline Loans, the Canadian Prime Rate plus the Applicable MarginPercentage. Interest on Canadian Swingline Loans shall be payable in arrears on each Interest Payment Date.

Interest on Canadian Swingline Loans. Subject to the provisions of Section 2.82.6, Canadian Swingline Loans shall bear interest at a per annum rate equal to, at the election of the Canadian Borrower, (i) the U.S. Base Rate plus the Applicable Margin or (ii) the Canadian Prime Rate plus the Applicable Margin. Interest on Canadian Swingline Loans shall be payable in arrears on each Interest Payment Date.