Common use of Interest on Swingline Loans Clause in Contracts

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 8 contracts

Samples: Credit Agreement (Lincare Holdings Inc), Credit Agreement (Lincare Holdings Inc), Credit Agreement (Lincare Holdings Inc)

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Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 5 contracts

Samples: Credit Agreement (Speedway Motorsports Inc), Credit Agreement (Chattem Inc), Credit Agreement (Inex Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan Loans shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b). (ii) Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 2 contracts

Samples: Credit Agreement (Manitowoc Co Inc), Credit Agreement (Manitowoc Co Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 2 contracts

Samples: Credit Agreement (Corrections Corp of America/Md), Credit Agreement (Cca Prison Realty Trust)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Alternate Base Rate in accordance with plus the provisions of Section 2.3(b).Applicable Percentage. ---- (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date in accordance with Section 3.1 hereof (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Radnor Holdings Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b). (ii) Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Genicom Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Apria Healthcare Group Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section --------------------------- 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (National Equipment Services Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted (i) if such Swingline Loan is a Base Rate in accordance with Loan, the provisions of Section 2.3(b). Base Rate plus the Applicable Percentage, or (ii) if such Swingline Loan is a Quoted Rate Swingline Loan, the Quoted Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein), unless accelerated sooner pursuant to Section 9.2.

Appears in 1 contract

Samples: Credit Agreement (Railworks Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum rate equal to the Adjusted Base Eurocurrency Rate in accordance with plus 0.25% plus the provisions of Section 2.3(b). (ii) Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan Loans shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with or the provisions of Section 2.3(b). (ii) Quoted Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (Promus Hotel Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Section 3.1 Swingline Loan Loans shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b). (ii) Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Interest on Swingline Loans. (i) Subject to the provisions of --------------------------- Section 3.1, each Swingline Loan shall bear interest at the rate per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted (i) if such Swingline Loan is a Base Rate in accordance with Loan, the provisions of Section 2.3(b). Base Rate plus the Applicable Percentage, or (ii) if such Swingline Loan is a Quoted Rate Swingline Loan, the Quoted Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein), unless accelerated sooner pursuant to Section 9.

Appears in 1 contract

Samples: Credit Agreement (Heilig Meyers Co)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times rate as may be specified herein).quoted by the Swingline Lender to the Borrower in the sole discretion of the Swingline Lender and accepted by the Borrower at or promptly following the time of such quote as follows:

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

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Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to (i) in the Adjusted case of Swingline Loans which are Base Rate in accordance with the provisions of Section 2.3(b). and (ii) in the case of Swingline Loans which are Quoted Rate Swingline Loans, the Quoted Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Navigant International Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b). (ii) Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Participation Agreement (Correctional Services Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted (i) if such Swingline Loan is a Base Rate in accordance with Loan, the provisions of Section 2.3(b). Base Rate plus the Applicable Percentage, or (ii) if such Swingline Loan is a Quoted Rate Swingline Loan, the Quoted Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (C&d Technologies Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Genicom Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with or the provisions of Section 2.3(b)Quoted Rate, as applicable. (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: 364 Day Credit Agreement (Pulte Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (Access Worldwide Communications Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b). (ii) Applicable Margin. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date the dates agreed upon by the Borrower and the Swingline Lender (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Pca International Inc)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with plus the provisions of Section 2.3(b)Applicable Margin. (ii) Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Scientific Games Holdings Corp)

Interest on Swingline Loans. (i) Subject to the provisions of Section 3.1, each Swingline Loan Loans shall bear interest at the rate a per annum rate equal to the Adjusted Base Rate in accordance with the provisions of Section 2.3(b). (ii) Rate. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (Cort Business Services Corp)

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