Common use of Interest on Swingline Loans Clause in Contracts

Interest on Swingline Loans. Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at a per annum rate equal to the Floating Rate or the Adjusted LIBOR Market Index Rate, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Pulte Homes Inc/Mi/), Credit Agreement (Pulte Homes Inc/Mi/)

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Interest on Swingline Loans. Subject to the provisions of Section 3.12.13, each Swingline Loan shall bear interest at a per annum rate equal to the Floating Alternate Base Rate or the Adjusted LIBOR Market Index Rate, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Pulte Homes Inc/Mi/), Credit Agreement (Pulte Homes Inc/Mi/)

Interest on Swingline Loans. Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at a per annum rate equal to the Floating Base Rate or the Adjusted LIBOR Market Index Rate, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Pulte Corp), Credit Agreement (Abacoa Homes Inc)

Interest on Swingline Loans. Subject to the provisions of Section 3.12.13, each Swingline Loan shall bear interest at a per annum rate equal to (i) the Floating Rate Alternate Base Rate, plus the Applicable Percentage for ABR Loans or (ii) the Adjusted LIBOR Market Index Rate, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Pulte Homes Inc/Mi/)

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Interest on Swingline Loans. Subject to the provisions of Section 3.12.8(b), each Swingline Loan Loans shall bear interest at a per annum rate equal to the Floating Rate or the Adjusted LIBOR Market Index Rate, as applicableRate plus the Applicable Percentage for Revolving Loans that are LIBOR Rate Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Appears in 1 contract

Samples: Credit Agreement (Ruddick Corp)

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