Common use of Interest on the Revolving Loan Clause in Contracts

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until the Revolving Loan Maturity Date at a rate per annum equal to the Prime Rate, plus the Applicable Spread, except that at the option of the Company, exercised from time to time as provided in this Agreement, interest may accrue prior to maturity on any Advance or on the entire outstanding balance of the Revolving Loan as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR Rate (for an Interest Period selected by the Company as provided in this Agreement), plus the Applicable Spread, provided that an election of a LIBOR-based Rate for an Interest Period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From and after the Revolving Loan Maturity Date, and until paid in full, the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, plus the Applicable Spread, plus Two Percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a LIBOR-based Rate for an Interest Period that has not expired at the Revolving Loan Maturity Date, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, plus the Applicable Spread, plus Two Percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable Spread, plus Two Percent (2%) per annum. Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued interest shall be due and payable monthly on the last Banking Day of each month until the Revolving Loan Maturity Date. With respect to those portions of the Revolving Loan that bear interest at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demand. After the Revolving Loan Maturity Date, interest which accrues on the Revolving Loan shall be payable as accrued and without demand.

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until maturity of the Revolving Loan Maturity Date Note at a rate per annum equal to the Prime Rate, plus the Applicable SpreadSpread I, except that at the option of the Company, exercised from time to time as provided in Section 3.d(iii) of this Agreement, interest may accrue prior to maturity on any Advance or on the entire outstanding balance of the Revolving Loan as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR a LIBOR-based Rate (for an Interest Period selected by the Company as provided in this Agreement)a period of one month, two months, three months or six months plus, plus the Applicable SpreadSpread I, provided that an election of a LIBOR-based Rate for an Interest Period a period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From and after After maturity, whether on the Revolving Loan Maturity DateDate or on account of acceleration upon the occurrence of an Event of Default, and until paid in full, the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a LIBOR-based Rate for an Interest Period a period of time that has not expired at the Revolving Loan Maturity Datematurity, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum. Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued Accrued interest shall be due and payable monthly on the last Banking Day of each month until the Revolving Loan Maturity Date. With respect prior to those portions of the Revolving Loan that bear interest at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demandmaturity. After the Revolving Loan Maturity Datematurity, interest which accrues on the Revolving Loan shall be payable as accrued and without demand." (b) AMENDMENT OF SECTIONS 3.a(vi). Section 3.a(vi) of the Amended Credit Agreement is amended and restated in its entirety as of the Eighth Amendment Effective Date to read as follows:

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until maturity of the Revolving Loan Maturity Date Note at a rate per annum equal to the Prime Rate, Rate plus the Applicable Spread, Spread except that at the option of the Company, exercised from time to time as provided in this AgreementSection 2.d.(i), interest may accrue prior to maturity on any Advance or on the entire outstanding balance of the Revolving Loan or on any portion thereof which is in excess of $1,000,000.00 and as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR a LIBOR-based Rate (for an Interest Period selected by the Company as provided in this Agreement)a period of 30, plus the Applicable Spread, 90 or 180 days; provided that an election of a LIBOR-based Rate for an Interest Period a period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From Those elections of a "LIBOR-based Rate" which have been made under the "Revolving Loan" (as that term was defined in the Prior Agreement) and after which remain in effect on the date of this Agreement, shall continue, under this Agreement, to be in effect through the end of the interest period for which elected. After maturity, whether on the Revolving Loan Maturity DateDate or on account of acceleration of maturity upon the occurrence of an Event of Default, and until paid in full, the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, Rate plus two percent (2%) plus the Applicable Spread, plus Two Percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a an LIBOR-based Rate for an Interest Period a period of time that has not expired at the Revolving Loan Maturity Datematurity, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, Rate plus the Applicable Spread, Spread plus Two Percent two percent (2%) per annum or the LIBOR-based Rate then in effect, effect plus the Applicable Spread, plus Two Percent two percent (2%) per annum. Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued Accrued interest shall be due and payable monthly on the last Banking Day of each month until the Revolving Loan Maturity Date. With respect prior to those portions of the Revolving Loan that bear interest at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demandmaturity. After the Revolving Loan Maturity Datematurity, interest which accrues on the Revolving Loan shall be payable as accrued and without demand.

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall accrue and bear interest until the Revolving Loan Maturity Date at a rate per annum which shall at all times equal to the Prime Rate, plus the Applicable Spread, except that at the option Rate. Prior to any stated or accelerated maturity of the CompanyRevolving Loan, exercised from time to time as provided in this Agreement, on each Payment Date each Borrower will pay the accrued and unpaid interest may accrue prior to maturity on any Advance or on the entire outstanding balance portion of the Revolving Loan as evidenced by its Loan Account, which portions were not subject to which no LIBOR-based Rate previously elected remains in effect, at a Eurodollar Pricing Option. On the LIBOR Rate (for an last day of each Eurodollar Interest Period selected by or on any earlier termination of any Eurodollar Pricing Option, each Borrower will pay the Company as provided in this Agreement), plus accrued and unpaid interest on the Applicable Spread, provided that an election portion of a LIBOR-based Rate for an Interest Period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From and after the Revolving Loan Maturity Dateevidenced by its Loan Account which expired or terminated on such date. In the case of any Eurodollar Interest Period longer than three months, each Borrower will also pay the accrued and until paid in full, unpaid interest on the portion of the Revolving Loan shall bear interest at a per annum rate equal evidenced by its Loan Account, subject to the Prime RateEurodollar Pricing Option having such Eurodollar Interest Period at three-month intervals, plus the Applicable Spreadfirst such payment to be made on the last Banking Day of the three-month period which begins on the first day of such Eurodollar Interest Period. On the stated or any accelerated maturity of the Revolving Loan, plus Two Percent (2%) per annumeach Borrower will pay all accrued and unpaid interest on the portion of the Revolving Loan evidenced by its Loan Account, except that as to including any accrued and unpaid interest on any portion of the Revolving Loan for which is subject to a Eurodollar Pricing Option. Upon the Company may have elected a LIBOR-based Rate for an Interest Period that has not expired at the Revolving Loan Maturity Date, such portion shall, occurrence and during the remainder continuance of such periodan Event of Default, bear interest at the greater of the Prime Rate, plus the Applicable Spread, plus Two Percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable Spread, plus Two Percent (2%) per annum. Each change in the rate of Lenders may require accrued interest to be charged with reference payable on demand or at regular intervals more frequent than each Payment Date. All payments of interest hereunder shall be made to a Prime-based Rate shall become effective on the date Agent for the account of each change Lender in the Prime Rate. Each change accordance with such Lender's Percentage Interest in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued interest shall be due and payable monthly on the last Banking Day of each month until the Revolving Loan Maturity Date. With respect to those portions of the Revolving Loan that bear interest at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demand. After the Revolving Loan Maturity Date, interest which accrues on the Revolving Loan shall be payable as accrued and without demand.

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until the Revolving Loan Note Maturity Date at a rate per annum equal to the Prime Rate, Rate plus the Applicable Spread; PROVIDED THAT, except that at the option of the Company, exercised from time to time as provided in subsection 2.05(a) of this Agreement, interest may accrue prior to maturity the Revolving Loan Maturity Date on any Advance or on the entire outstanding balance of the Revolving Loan as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR Rate (for an Interest Period selected by the Company as provided in this Agreement), plus the Applicable Spread, provided that an election of a rate per annum equal to a LIBOR-based Rate for an Interest Period a period of one month, two months, three months or six months, plus the Applicable Spread. Notwithstanding the foregoing, the Company will not be permitted to elect any LIBOR-based Rate for a period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the BankDate. From and after After the Revolving Loan Maturity Date, and until paid in full, the principal amount of the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, plus the Applicable Spread, Rate plus Two Percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a LIBOR-based Rate for an Interest Period that has not expired at the Revolving Loan Maturity Date, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, plus the Applicable Spread, plus Two Percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable Spread, plus Two Percent (2%) per annum). Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued Accrued interest shall be due and payable monthly on the last Banking Day of October, 1997, and on the last Banking Day of each successive calendar month thereafter until the Revolving Loan Maturity Date. With respect to those portions of the Revolving Loan that bear interest , at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, which time the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demand. After the Revolving Loan Maturity Date, interest which accrues on the Revolving Loan shall be payable as accrued and without demand.

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until the Revolving Loan Maturity Date at a rate per annum equal to the Prime Rate, plus the Applicable Spread, except that at the option of the Company, exercised from time to time as provided in Section 2.05(c) of this Agreement, interest may accrue prior to maturity on any Advance or on the entire outstanding balance of the Revolving Loan as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR a LIBOR-based Rate (for an Interest Period selected by the Company as provided in this Agreement)a period of one month, two months, three months or six months plus, plus the Applicable SpreadSpread I, provided that an election of a LIBOR-based Rate for an Interest Period a period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From and after the Revolving Loan Maturity Date, and until paid in full, the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, Rate plus the Applicable Spread, plus Two Percent two percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a LIBOR-based Rate for an Interest Period a period of time that has not expired at the Revolving Loan Maturity Date, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, Rate plus the Applicable Spread, plus Two Percent two percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum. Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued Accrued interest shall be due and payable monthly on the last Banking Day of each month until prior to the Revolving Loan Maturity Date. With respect to those portions of the Revolving Loan that bear interest at a LIBOR-based Rate, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demand. After the Revolving Loan Maturity Date, interest which accrues on the Revolving Loan shall be payable as accrued and without demand.

Interest on the Revolving Loan. The principal amount of the Revolving Loan outstanding from time to time shall bear interest until the Revolving Loan Maturity Date at a rate per annum equal to the Prime Rate, plus the Applicable SpreadSpread I, except that at the option of the E-7 Company, exercised from time to time as provided in this Agreement, interest may accrue prior to maturity on any Advance or on the entire outstanding balance of the Revolving Loan as to which no LIBOR-based Rate previously elected remains in effect, at the LIBOR a LIBOR-based Rate (for an Interest Period selected by the Company as provided in this Agreement), plus the Applicable SpreadSpread I, provided that an election of a LIBOR-based Rate for an Interest Period extending beyond the Scheduled Revolving Loan Maturity Date shall be permitted only at the discretion of the Bank. From and after the Revolving Loan Maturity Date, and until paid in full, the Revolving Loan shall bear interest at a per annum rate equal to the Prime Rate, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum, except that as to any portion of the Revolving Loan for which the Company may have elected a LIBOR-based Rate for an Interest Period that has not expired at the Revolving Loan Maturity Date, such portion shall, during the remainder of such period, bear interest at the greater of the Prime Rate, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum or the LIBOR-based Rate then in effect, plus the Applicable SpreadSpread I, plus Two Percent two percent (2%) per annum. Each change in the rate of interest to be charged with reference to a Prime-based Rate shall become effective on the date of each change in the Prime Rate. Each change in the rate of interest to be charged with reference to a LIBOR-based Rate shall become effective without notice on the commencement of each Interest Period based on the LIBOR London Interbank Offered Rate for that Interest Period then in effect. With respect to that portion of the Revolving Loan, if any, which bears interest at the Prime-based Rate, accrued interest shall be due and payable monthly on the last Banking Day of each month until the Revolving Loan REVOLVING LOAN Maturity Date. With respect to those these portions of the Revolving Loan that bear interest at a LIBOR-based RateRates, accrued interest shall be due and payable on the last day of each Interest Period (except that if the Interest Period is six months, the accrued interest shall be due on the 90th day of such Interest Period and then on the last day of such Interest Period) until the Maturity Date. On the Revolving Loan REVOLVING LOAN Maturity Date, the entire unpaid principal balance of the Revolving Loan and Revolving Note and all unpaid, accrued interest thereon, shall be due and payable in full without demand. After the Revolving Loan Maturity Date, interest which accrues on the Revolving Loan shall be payable as accrued and without demand."