INTEREST ON DRAWS ON LETTERS OF CREDIT. The unreimbursed amount of each draw on a Letter of Credit shall bear interest at a rate per annum equal to the Adjusted Base Rate applicable to Revolving Loans.
Appears in 8 contracts
Samples: Loan Agreement (Layne Christensen Co), Loan Agreement (Talx Corp), Loan Agreement (Angelica Corp /New/)
INTEREST ON DRAWS ON LETTERS OF CREDIT. The unreimbursed amount of each draw on a Letter of Credit shall bear interest at a rate per annum equal to the Adjusted Base Rate applicable to Revolving LoansRate.
Appears in 1 contract
Samples: Credit Facilities Agreement (Young Innovations Inc)
INTEREST ON DRAWS ON LETTERS OF CREDIT. The Borrower shall pay interest on the unreimbursed amount of each draw on a Letter of Credit shall bear interest at a rate per annum equal to the Adjusted Base Rate applicable to Revolving Loansplus 3%.
Appears in 1 contract
Samples: Loan Agreement (Centene Corp)
