Common use of Interest Rate Disclosure Clause in Contracts

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.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

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Interest Rate Disclosure. The Base Rate on the date hereof is 6.256.00% per annum annum, and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, terms is (i) 6.256.75% 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.

Appears in 1 contract

Samples: Credit Agreement (Salton Inc)

Interest Rate Disclosure. The Base Rate on the date hereof is 6.257.75% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.257.75% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, and (ii) 6.258.00% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Interest Rate Disclosure. The Base Rate on the date hereof is 6.254.50% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.254.50% per annum with respect to any portion of the Revolver Revolving Credit Loans bearing interest as a Base Rate Loan, Loan and (ii) 6.25is 4.50% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Collins Industries Inc)

Interest Rate Disclosure. The Base Rate on the date hereof is 6.254.75% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.254.75% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, and (ii) 6.25ii)4.75% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan, and (iii) 4.75% per annum with respect to any portion of the CapEx Loan Advances bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

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Interest Rate Disclosure. The Base Rate on the date hereof is 6.254.25% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.255.0% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, Loan and (ii) 6.25is 5.25% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Interest Rate Disclosure. The Base Rate on the date hereof is 6.256.00% per annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms, is (i) 6.256.00% per annum with respect to any portion of the Revolver Revolving Credit Loans bearing interest as a Base Rate Loan, Loan and (ii) 6.25is 6.00% per annum with respect to any portion of the Term Loan Advances bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Collins Industries Inc)

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