Interest on Loan. (i) At the Borrower's election in accordance with the provisions of Paragraph 2.6(b) below, in the absence of the existence and continuance of an Event of Default hereunder and prior to maturity or judgment, and subject to clause (ii) below, any Portion of the Loans shall bear interest at either of the following rates:
Appears in 2 contracts
Samples: Credit Agreement (Marketing Specialists Corp), Credit Agreement (Merkert American Corp)
Interest on Loan. (i) At the Borrower's Borrowers' election in accordance with the provisions of Paragraph 2.6(b2.6(c) below, in the absence of the existence and continuance of an Event of Default hereunder and prior to maturity or judgment, and subject to clause (ii) below, any Portion of the Loans Loan shall bear interest at either of the following rates:
Appears in 2 contracts
Samples: Credit Agreement (Centennial Healthcare Corp), Credit Agreement (Centennial Healthcare Corp)
Interest on Loan. (i) At the Borrower's election in accordance with the provisions of Paragraph 2.6(b2.6(c) below, in the absence of the existence and continuance of an Event of Default hereunder and prior to maturity or judgment, and subject to clause (ii) below, any Portion of the Loans Loan shall bear interest at either of the following rates:
Appears in 1 contract
Samples: Credit Agreement (Home Health Corp of America Inc \Pa\)
Interest on Loan. (i) At the Borrower's Borrowers' election in accordance with the provisions of Paragraph 2.6(b2.5(b) below, in the absence of the existence and continuance of an Event of Default hereunder and prior to maturity or judgment, and subject to clause (ii) below, any Portion of the Loans Loan (which shall not include the undrawn face amount of Letters of Credit, as to which the fees set forth in Paragraph 2A.4 shall be applicable) shall bear interest at either of the following rates:
Appears in 1 contract
Samples: Credit Agreement (Zany Brainy Inc)
