Interest on U.S. Swingline Loans. Subject to the provisions of Section 2.8, U.S. Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate plus the Applicable Margin for Revolving Loans that are Alternate Base Rate Loans. Interest on U.S. Swingline Loans shall be payable in arrears on each Interest Payment Date.
Appears in 2 contracts
Samples: Security Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)
Interest on U.S. Swingline Loans. Subject to the provisions of Section 2.8, U.S. Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate plus the Applicable Margin Percentage for Revolving Loans that are Alternate Base Rate Loans. Interest on U.S. Swingline Loans shall be payable in arrears on each Interest Payment Date.
Appears in 2 contracts
Samples: Credit Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)
