INTEREST ON DRAWS ON LETTERS OF CREDIT. The unreimbursed amount of each draw on a Letter of Credit shall accrue interest at a rate per annum equal to the LIBOR Rate.
Appears in 3 contracts
Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)
INTEREST ON DRAWS ON LETTERS OF CREDIT. The unreimbursed amount of each draw on a Letter of Credit shall accrue bear interest at a the rate per annum equal to the Adjusted LIBOR Rate.
Appears in 2 contracts
Samples: Credit Facilities Agreement (MTM Technologies, Inc.), Credit Facilities Agreement (Pomeroy It Solutions Inc)
INTEREST ON DRAWS ON LETTERS OF CREDIT. The Dollar Equivalent of the unreimbursed amount of each draw on a Letter of Credit shall accrue bear interest at a rate per annum equal to the LIBOR Adjusted Base Rate.
Appears in 1 contract
INTEREST ON DRAWS ON LETTERS OF CREDIT. The unreimbursed amount of each draw on a Letter of Credit shall accrue bear interest at a rate per annum equal to the LIBOR RateBase Rate then applicable to the Line of Credit Facility.
Appears in 1 contract
Samples: Credit Agreement (Integrity Inc)
