Common use of Interest on Revolving Credit Loans Clause in Contracts

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index Loan pursuant to Section 2.5 hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Mothers Work Inc)

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Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366360-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index Loan pursuant to Section 2.5 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Duckwall Alco Stores Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366360-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index LIBOR Loan pursuant to Section 2.5 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (RoomStore, Inc.)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index LIBOR Loan pursuant to Section 2.5 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (RoomStore, Inc.)

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Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366360-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index Eurodollar Loan pursuant to Section 2.5 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Wild Oats Markets Inc)

Interest on Revolving Credit Loans. (a) Each outstanding Revolving Credit Loan which consists of a Base Margin Loan shall bear interest at the Base Margin Rate (determined based upon a 365/366360-day year and actual days elapsed), unless and until it is made as, or is converted to, an Index a Eurodollar Loan pursuant to Section 2.5 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Charlotte Russe Holding Inc)

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