Interest on Loans. (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 31 contracts
Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 25 contracts
Samples: Credit Agreement (Altice USA, Inc.), Credit Agreement (Altice USA, Inc.), Credit Agreement (Warner Music Group Corp.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 24 contracts
Samples: Credit Agreement (Cbre Holding Inc), Credit Agreement (Flowserve Corp), Credit Agreement (Cb Richard Ellis Group Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 17 contracts
Samples: General Liability (Schein Pharmaceutical Inc), Credit Agreement (Citadel Communications Corp), Credit Agreement (McDermott International Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 17 contracts
Samples: Credit Agreement (Atp Oil & Gas Corp), Second Lien Credit Agreement (Thermadyne Holdings Corp /De), Second Lien Credit Agreement (Hawkeye Holdings, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be, and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 10 contracts
Samples: Fourth Amended and Restated Credit Agreement (Pactiv Evergreen Inc.), Agency Transfer Agreement (Pactiv Evergreen Inc.), Credit Agreement (Yellow Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 10 contracts
Samples: Credit Agreement (Cbre Group, Inc.), Credit Agreement (Cbre Group, Inc.), Credit Agreement (Quorum Health Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be, at all times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 10 contracts
Samples: Credit Agreement, Credit Agreement (DITECH HOLDING Corp), First Lien Security Agreement (Walter Investment Management Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the unpaid principal amount of the Loans comprising each ABR Loan Borrowing shall bear interest for each day (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 8 contracts
Samples: Credit Agreement (Alcoa Inc), Day Revolving Credit Agreement (Alcoa Inc), Extended Revolving Credit Agreement (Alcoa Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 365/366 days or 366 days in a leap yearand calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate in effect from time to time.
Appears in 7 contracts
Samples: Assignment and Acceptance (Lindblad Expeditions Holdings, Inc.), Credit Agreement (Lindblad Expeditions Holdings, Inc.), Credit Agreement (Lindblad Expeditions Holdings, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 6 contracts
Samples: www.sec.gov, Raytheon Co/, Raytheon Co/
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the outstanding Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 6 contracts
Samples: Credit Agreement (NRG Energy, Inc.), Credit Agreement (NRG Energy, Inc.), Credit Agreement (NRG Energy, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 6 contracts
Samples: Revolving Credit and Guaranty Agreement (Tower International, Inc.), Revolving Credit and Guaranty Agreement (Tower International, Inc.), Credit and Guaranty Agreement (United Air Lines Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.10, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 6 contracts
Samples: Credit Agreement (Raytheon Co/), www.sec.gov, Credit Agreement (Raytheon Co/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as applicable, at all times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement (Advanced Disposal Services, Inc.), Credit Agreement (Advanced Disposal Services, Inc.), Senior Secured Credit Agreement (ADS Waste Holdings, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginSpread in effect from time to time.
Appears in 5 contracts
Samples: Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Domestic Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 4 contracts
Samples: Second Lien Intercreditor Agreement (Cb Richard Ellis Group Inc), Credit Agreement (Cb Richard Ellis Group Inc), Credit Agreement (Cb Richard Ellis Group Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 4 contracts
Samples: Credit Agreement (He Holdings Inc), Credit Agreement (He Holdings Inc), Credit Agreement (Raytheon Co)
Interest on Loans. (a) Subject to the provisions of Section 2.082.10, each ABR Loan shall bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Adjusted LIBO Rate or the Federal Funds Effective Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Applicable Margin plus the Alternate Base Rate plus the Applicable MarginRate.
Appears in 4 contracts
Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 4 contracts
Samples: Credit Agreement (Affirmative Insurance Holdings Inc), Credit Agreement (Blackboard Inc), Revolving Credit Agreement (Maxxam Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 4 contracts
Samples: Effectiveness Agreement (Ucar International Inc), Credit Agreement (Arm Financial Group Inc), Credit Agreement (Dillards Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 3 contracts
Samples: Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc /Il/), Term Loan Agreement (Maxxam Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.11, the Revolving Credit Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 3 contracts
Samples: Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co)
Interest on Loans. (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable ABR Margin.
Appears in 3 contracts
Samples: Revolving Credit and Guaranty Agreement (Tower International, Inc.), Revolving Credit and Guaranty (Tower International, Inc.), Credit and Guaranty Agreement (Tower Automotive, LLC)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the outstanding Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed (i) for ABR Loans based on the Base Rate (other than with respect to the Federal Funds Rate), over a year of 365 365/366 days or 366 days in and (ii) for ABR Loans based on the Federal Funds Rate, over a leap yearyear of 360 days) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 3 contracts
Samples: Collateral Agreement (Enexus Energy CORP), Credit Agreement (Entergy Corp /De/), Credit Agreement (Enexus Energy CORP)
Interest on Loans. (a) Subject to the provisions of Section 2.082.9, each ABR Loan shall bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Base CD Rate or the Federal Funds Effective Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin1.75%.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Interstate Bakeries Corp/De/), Revolving Credit Agreement (Interstate Bakeries Corp/De/), Revolving Credit Agreement (Interstate Bakeries Corp/De/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing and Swingline Loans shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 3 contracts
Samples: Credit Agreement (Collins & Aikman Corp), Credit Agreement (Collins & Aikman Corp), Credit Agreement (Collins & Aikman Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.08, the unpaid principal amount of the Loans comprising each ABR Loan Borrowing shall bear interest for each day (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each the ABR Loan Loans shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Base Rate and over a year of 360 days in a leap yearat all other times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 3 contracts
Samples: Senior Subordinated Loan Agreement (Geokinetics Inc), Credit Agreement (Geokinetics Inc), Senior Subordinated Loan Agreement (Avista Capital Partners, L.P.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.11, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 3 contracts
Samples: Credit Agreement (Popular Inc), Credit Agreement (Popular Inc), Credit Agreement (Popular Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.06, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable ABR Margin.
Appears in 3 contracts
Samples: Term Loan and Guaranty Agreement (Tower International, Inc.), Term Loan and Guaranty Agreement (Tower International, Inc.), Term Loan and Guaranty Agreement (Tower International, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as applicable at all times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 3 contracts
Samples: Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 3 contracts
Samples: Credit Agreement (AAC Holdings, Inc.), Credit Agreement (AAC Holdings, Inc.), Revolving Credit Agreement (Washington Water Power Co)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing (including any Borrowing of Swingline Loans) shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginABR Spread.
Appears in 2 contracts
Samples: Credit Agreement (Travelcenters Realty Inc), Credit Agreement (Travelcenters of America Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 360 days or 366 days in a leap yearat all times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 2 contracts
Samples: Credit Agreement (Affirmative Insurance Holdings Inc), Intellectual Property Security Agreement (Affirmative Insurance Holdings Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginABR Spread.
Appears in 2 contracts
Samples: Credit Agreement (Foodbrands America Inc), Credit Agreement (Travelcenters of America Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Term Loan Agreement (Sportsman's Warehouse Holdings, Inc.), Credit Agreement (Sportsman's Warehouse Holdings, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 2 contracts
Samples: Credit Agreement (Avista Corp), Revolving Credit Agreement (Avista Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Borrowing and each Swingline Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Base Rate is determined by reference to the Prime Rate, and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 2 contracts
Samples: Credit Agreement (Belmond Ltd.), Credit Agreement (Orient Express Hotels LTD)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Credit Agreement (Collins & Aikman Corp), Credit Agreement (Collins & Aikman Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 2 contracts
Samples: Credit Agreement (King Pharmaceuticals Inc), Credit Agreement (Alpharma Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.08, The Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days (or, in the case of ABR Loans that bear interest by reference to the Base Rate, 365 days or 366 days in a leap yeardays, as applicable) and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 2 contracts
Samples: Credit Agreement (Gastar Exploration Inc.), Credit Agreement (Gastar Exploration Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 2 contracts
Samples: Credit Agreement (Avista Corp), Avista Corp
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Credit Agreement (Latam Airlines Group S.A.), Credit and Guaranty Agreement (Allegiant Travel CO)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/), Intercreditor Agreement (Delta Air Lines Inc /De/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginABR Spread in effect at such time with respect to such Loans. Swingline Loans shall bear interest at the rate applicable to ABR Revolving Loans.
Appears in 2 contracts
Samples: Credit Agreement (Jsce Inc), Credit Agreement (Jefferson Smurfit Corp /De/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Interest Applicable MarginPercentage in effect from time to time (such interest, “ABR Interest”).
Appears in 2 contracts
Samples: Intabex Term Loan Credit Agreement (Pyxus International, Inc.), Pyxus Term Loan Credit Agreement (Pyxus International, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Credit Agreement (NRG Energy, Inc.), Credit Agreement (NRG Energy Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.08(c) and Section 2.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) days, as applicable), at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/), Security Agreement (Carson Pirie Scott & Co /Il/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 360 days or 366 days in a leap yearand calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Reliant Software, Inc.), Revolving Credit Agreement (Community Choice Financial Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year360 days) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Maxxam Inc), Revolving Credit Agreement (Maxxam Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate with respect to such Loans.
Appears in 2 contracts
Samples: Credit Agreement (SMURFIT-STONE CONTAINER Corp), Credit Agreement (Smurfit Stone Container Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 2 contracts
Samples: And Term Loan Agreement (Ethyl Corp), Term Loan Agreement (Ethyl Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate ABR plus the Applicable Margin.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 1 contract
Samples: Credit Agreement (Burns Philp Netherlands European Holdings Bv)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.2.0%. ----
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.11, the Revolving Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year360 days) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 1 contract
Interest on Loans. (ai) Subject to the provisions of Section 2.082.06, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year360 days) at a rate per annum that shall be equal to the then Alternate Base Rate plus Rate, PLUS the Applicable Overadvance Margin.
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Bradlees Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.9, each ABR Loan shall ----------- bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Base CD Rate or the Federal Funds Effective Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin2.50%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus 2.50%; however, such interest rate shall never be lower than 7.25% (the Applicable Margin."ABR Floor"). As used in this Agreement, the "ABR" or "
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Act Manufacturing Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, the Revolving Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a 44 year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus (i) 1.75% in the Applicable Margincase of Tranche A Loans and (ii) 2.75% in the case of the Tranche B Loan.
Appears in 1 contract
Samples: Loan and Guaranty Agreement
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 1 contract
Samples: Credit Agreement (Popular Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable ABR Margin.
Appears in 1 contract
Samples: Loan and Guaranty Agreement (Tower Automotive, LLC)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin1.50%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section Sections 2.07 and 2.08, the Loans comprising each ABR Loan Borrowing (including each Swingline Loan) shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPricing Margin in effect from time to time.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear bear, and the Borrower promises to pay, interest (computed on the basis of the actual number of days elapsed (including the first day but excluding the last day) over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin1.00%.
Appears in 1 contract
Samples: Credit Agreement (Ryder TRS Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate or the U.S. Base Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate in effect at such time with respect to such Loans.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.11, each ABR Loan shall bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Federal Funds Rate or the Adjusted LIBOR Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the 52 Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 1 contract
Samples: Credit Agreement (Raytheon Co/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.05(c) and Section 2.06, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) days, as applicable), at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.8, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate.
Appears in 1 contract
Samples: Credit Agreement (On Command Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin3.00%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin minus 1.00%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 1 contract
Samples: Credit Agreement (Dynegy Inc /Il/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 360 days or 366 days in a leap yearat all other times and calculated from and including the date of such Borrowing to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.9, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year360 days) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin1-1/2%.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Alliance Entertainment Corp)
Interest on Loans. (a) a. Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Spirit Airlines, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginABR Spread in effect at such time with respect to such Loans.
Appears in 1 contract
Samples: Credit Agreement (Johnstown America Industries Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.11, each ABR Loan shall bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Federal Funds Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Samples: Term Loan and Revolving Credit Agreement (Federal-Mogul Corp)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each Loan comprising an ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be, at all times, and calculated from and including the date of such Loan was deemed made to but excluding the date of repayment thereof) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginMargin in effect from time to time.
Appears in 1 contract
Samples: Loan Agreement
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin2.75%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.08, the Loans comprising each ABR Loan Borrowing (including each Swingline Loan) shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate in effect for such Loans from time to time.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin3.5%.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.8, each ABR Loan shall bear interest (computed, for ABR Loans wherein the Alternate Base Rate is determined by reference to the Base CD Rate or the Federal Funds Effective Rate, on the basis of the actual number of days elapsed over a year of 360 days, and otherwise computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin2.25%.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Hayes Lemmerz International Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.08------- 2.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on ---- the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate or the U.S. Base Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginRate in effect at such time with respect to such Loans.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing, including each Domestic Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap yeardays, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 1 contract
Samples: Credit Agreement (Cbre Group, Inc.)
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin2%.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Burlington Industries Inc /De/)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect for such Loans from time to time.
Appears in 1 contract
Samples: Credit Agreement (Rayonier Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin1.25%.
Appears in 1 contract
Samples: Credit Agreement (International Manufacturing Services Inc)
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing and the Swingline Loans shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when the Alternate Base Rate is determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage in effect from time to time.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.09, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days or, when the Alternate Base Rate is based on the Prime Rate, a year with 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin3.00%.
Appears in 1 contract
Interest on Loans. (a) Subject a)Subject to the provisions of Section 2.082.9, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable MarginPercentage.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of 360 days in a leap yearat all other times) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.ABR Margin then applicable to the respective Tranche as set forth on Schedule A.
Appears in 1 contract
Interest on Loans. (a) Subject to the provisions of Section 2.082.07, the Loans comprising each ABR Loan Borrowing shall bear interest (at a rate per annum equal to the Alternate Base Rate plus the Applicable Percentage in effect from time to time. Such interest shall be computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal days, as the case may be, when determined by reference to the Alternate Base Prime Rate plus the Applicable Marginand over a year of 360 days at all other times.
Appears in 1 contract
