Interest Rate Disclosure. The Base Rate on the date hereof is 6.25% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.25% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, and (ii) 6.25% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan.
Interest Rate Disclosure. The Ameriquest Parties shall disclose the interest rate being offered, if known, whenever asked by a Potential Borrower.
Interest Rate Disclosure. No Lender warrants or accepts responsibility for, and no Lender shall have any liability whatsoever with respect to: (a) the continuation, administration, submission and/or calculation of, or any other matter related to, any of any SOFR Reference Rate and/or any SOFR-Based Rate (for any Interest Period, as applicable), or any component definition used or referred to in, or any rate(s) used or referred to in, the definitions of any of the foregoing in Section 1.1, or for any alternative, successor or replacement rate thereto (including, without limitation, any Benchmark Replacement), including whether the composition and/or characteristics of any such actual or proposed alternative, successor or replacement rate (including, without limitation, any Benchmark Replacement) is or will be similar to, or produces or will produce the same or substantially equivalent value or economic equivalence of, or has or will have the same or a comparable volume or liquidity as, any SOFR Reference Rate, any SOFR-Based Rate (for any Interest Period, as applicable) and/or any other Benchmark prior to its discontinuance or unavailability; or (b) the effect, implementation and/or composition of any Conforming Changes. The Lenders, together with their respective Affiliates and other related entities, may engage in transactions that affect the calculation of any SOFR Reference Rate, any SOFR-Based Rate (for any Interest Period, as applicable), any alternative, successor or replacement rate of any of the foregoing (including, without limitation, any Benchmark Replacement), and/or any relevant adjustments to any of the foregoing, in each case, in a manner adverse to the Borrower. Any Lender may select information sources or services in its reasonable discretion to ascertain any SOFR Reference Rate, any SOFR-Based Rate (for any Interest Period, as applicable), and/or any other Benchmark, in each case, pursuant to the terms of this Agreement, and no Lender shall have any liability whatsoever to the Borrower, any Subsidiary and/or any other Person for damages of any kind, including direct or indirect, special, punitive, incidental and/or consequential damages, costs, losses and/or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or any component thereof) provided by any such information source or service.
Interest Rate Disclosure. The Prime Rate on the date hereof is 8.25% and therefore, the Interest Rate hereunder with respect to Prime Rate Loans on the date hereof is 8.25% .
Interest Rate Disclosure. The Base Rate on the date hereof is 3.25% per annum and, therefore, after giving effect to the amendments set forth in this letter agreement, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is 6.00% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan. The 30-day LIBOR Rate on the date hereof is 0.5625% per annum and, therefore, after giving effect to the amendments set forth in this letter agreement, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is 4.3125% per annum with respect to any portion of the Revolver Loans bearing interest as a LIBOR Loan with a 30-day Interest Period.
Interest Rate Disclosure. LIBOR on the date hereof is 1.875% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 3.625% per annum for Revolver Loans.
Interest Rate Disclosure. The LIBOR Rate for an Interest Period of one month on the Closing Date is 0.2172% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms (but on a 360-day basis), is 1.4672% per annum with respect to any portion of the Loans bearing interest as a LIBOR Loan. The Prime Rate on the Closing Date is 3.25% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms (but on a 365-day or 366-day basis), is 3.50% per annum with respect to any portion of the Loans bearing interest as a Base Rate Loan.
Interest Rate Disclosure. On the date hereof, (i) LIBOR on the date hereof is 0.8125% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 2.0625% per annum for LIBOR Revolving Loans; (ii) the LIBOR Index Rate on the date hereof is 0.8125% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 2.0625% per annum for LIR Revolving Loans; and (iii) the Base Rate on the date hereof is 3.75% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 4.00% per annum for Base Rate Revolving Loans. However, if this disclosure were to be provided on the date hereof after giving effect to this Amendment, then (i) LIBOR on the date hereof is 0.8125% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, would have been 2.8125% per annum for LIBOR Revolving Loans; (ii) the LIBOR Index Rate on the date hereof is 0.8125% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, would have been 2.8125% per annum for LIR Revolving Loans; and (iii) the Base Rate on the date hereof is 3.75% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, would have been 4.75% per annum for Base Rate Revolving Loans.
Interest Rate Disclosure. The LIBOR Rate on the date hereof is 2.50% per annum and, therefore, the rate of interest in effect hereunder on the date hereof after giving effect hereto, expressed in simple interest terms is 2.00% per annum with respect to any portion of the Loans bearing interest as a LIBOR Loan.
Interest Rate Disclosure. On the date hereof, (i) LIBOR on the date hereof is 1.23389% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 3.23389% per annum for LIBOR Revolving Loans; (ii) the LIBOR Index Rate on the date hereof is 1.23389% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 3.23389% per annum for LIR Revolving Loans; and (iii) the Base Rate on the date hereof is 4.25% per annum and, therefore, the rate of interest in effect on the date hereof, expressed in simple interest terms, is 5.25% per annum for Base Rate Revolving Loans.
