Common use of Interest on Swing Line Loans Clause in Contracts

Interest on Swing Line Loans. Each Swing Line Loan shall, except as otherwise provided in §4.11 hereof, bear interest from the Drawdown Date thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable Margin, which shall be paid on each Interest Payment Date for Base Rate Loans.

Appears in 3 contracts

Samples: Credit Agreement (Staples Inc), Credit Agreement (Staples Inc), Credit Agreement (Staples Inc)

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Interest on Swing Line Loans. Each Swing Line Loan shallshall be a Base Rate Loan and, except as otherwise provided in §4.11 4.3 hereof, shall bear interest from the Drawdown Date thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable MarginMargin with respect to Base Rate Loans, which shall be paid on each Interest Payment Date for Base Rate Loans.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

Interest on Swing Line Loans. Each Swing Line Loan shallshall be a Base Rate Loan and, except as otherwise provided in §4.11 Section 7.11 hereof, shall bear interest from the Drawdown Date thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable Revolving Credit Loan Margin, which shall be paid on each Interest Payment Date for Base Rate Loans.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)

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Interest on Swing Line Loans. Each Swing Line Loan shall, except as otherwise provided in §4.11 ss.5.11 hereof, bear interest from the Drawdown Date thereof until repaid in full at the rate per annum equal to the Base Swing Line Rate plus the Applicable Marginquoted for such Swing Line Loan, which shall be paid on each Interest Payment Date for Base Rate Loans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stride Rite Corp)

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