Interest on Swingline Loans. The Borrower shall pay interest on the unpaid principal amount of each Swingline Loan made by the Swingline Lender from the date of such Swingline Loan until such principal amount shall be paid in full at a rate per annum equal at all times to the Base Rate in effect from time to time, payable quarterly on the last Business Day of each March, June, September and December.
Appears in 4 contracts
Samples: Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)
Interest on Swingline Loans. The Borrower Borrowers shall pay interest on the unpaid principal amount balance of each the Swingline Loan made by Loans from time to time outstanding at a per annum rate equal to the Applicable Base Rate. Interest on the Swingline Loans shall be payable quarterly in arrears in the same manner as Revolving Credit Advances and continuing until all of the Swingline Loans of the Borrowers to the Swingline Lender from the date of such Swingline Loan until such principal amount hereunder shall be have been paid in full at a rate per annum equal at all times to the Base Rate in effect from time to time, payable quarterly on the last Business Day of each March, June, September and Decemberfull.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Gerber Scientific Inc), Credit and Guaranty Agreement (Gerber Scientific Inc)
Interest on Swingline Loans. The Borrower shall pay interest on the unpaid principal amount of each Swingline Loan made by the Swingline Lender from the date of such Swingline Loan until such principal amount shall be paid in full at a rate per annum equal at all times to the Base Rate plus the Applicable Interest Rate Margin for Base Rate Advances in effect from time to time, payable quarterly on the last Business Day of each March, June, September and DecemberQuarterly Payment Date.
Appears in 2 contracts
Samples: Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)