Interest on Prime Rate Loans. During such periods as a Loan is a Prime Rate Loan, the unpaid principal amount of such Loan shall bear interest at a fluctuating rate per annum which shall at all times be equal to the Prime Rate in effect from time to time.
Appears in 2 contracts
Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Mechanical Technology Inc)
Interest on Prime Rate Loans. During such periods as a Loan is a Prime Rate Loan, the unpaid principal amount of such Loan it shall bear interest at a fluctuating rate per annum which shall at all times be equal to the Prime Rate in effect from time to timetime plus the Applicable Prime Rate Margin in effect from time to time for such Loan.
Appears in 2 contracts
Samples: Credit Agreement (Om Group Inc), Credit Agreement (Om Group Inc)
Interest on Prime Rate Loans. During such periods as a Loan is a Prime Rate Loan, the unpaid principal amount of such Loan it shall bear interest at a fluctuating rate per annum which shall at all times be equal to the Prime Rate then in effect from time to timePLUS the Applicable Prime Rate Margin for such Loan.
Appears in 1 contract
Interest on Prime Rate Loans. During such periods as a Loan is a Prime Rate Loan, the unpaid principal amount of such Loan it shall bear interest at a fluctuating rate per annum which shall at all times be equal to the Prime Rate then in effect from time to timePLUS the Applicable Prime Rate Margin then in effect.
Appears in 1 contract
Samples: Credit Agreement (Royal Appliance Manufacturing Co)
Interest on Prime Rate Loans. During such periods as a Loan is a Prime Rate Loan, the unpaid principal amount of such Loan it shall bear interest at a fluctuating rate per annum which shall at all times be equal to the Prime Rate in effect from time to timetime plus the Applicable Prime Rate Margin for such Loan.
Appears in 1 contract
Samples: Credit Agreement (Stoneridge Inc)
