Common use of Interest Rate Disclosure Clause in Contracts

Interest Rate Disclosure. The Base Rate on the date hereof is 6.00% per annum, and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms is 6.75% per annum with respect to any portion of the Loans bearing interest as a Base Rate Loan.

Appears in 1 contract

Samples: Credit Agreement (Salton Inc)

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Interest Rate Disclosure. The Base Rate on the date hereof is 6.007.75% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.75(i) 7.75% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, and (ii) 8.00% 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 6.004.50% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.754.50% per annum with respect to any portion of the Revolving Credit Loans bearing interest as a Base Rate Loan and is 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 6.004.25% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.755.0% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan and is 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 6.00% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.756.00% per annum with respect to any portion of the Revolving Credit Loans bearing interest as a Base Rate Loan and is 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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Interest Rate Disclosure. The Base Rate on the date hereof is 6.004.75% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.75(i) 4.75% per annum with respect to any portion of the Revolver Loans bearing interest as a Base Rate Loan, (ii)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)

Interest Rate Disclosure. The Base Rate on the date hereof is 6.006.25% per annum, annum and, therefore, the rate of interest in effect hereunder on the date hereof, expressed in simple interest terms terms, is 6.75(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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