Interest Rate Matters Sample Clauses

Interest Rate Matters. Borrower agrees that matters concerning the election, payment, application, accrual and computation of interest and interest rates shall be in accordance with Lender’s practices set forth in this Agreement and in the other Transaction Documents.
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Interest Rate Matters. The Company agrees that matters concerning the payment, application, accrual and computation of interest and interest rates shall be in accordance with this Agreement and the other Transaction Documents.
Interest Rate Matters. (a) The definitions ofBase Rate”, “Eurodollar Rate” and “Eurodollar Rate Loan” in Section 1.01 of the Original Agreement are hereby amended in their entirety to read as follows:
Interest Rate Matters. 20 SECTION 2.5 EXTENSIONS............................................................................22 ARTICLE III.............................................................................................22 COLLATERAL..............................................................................................22
Interest Rate Matters. Bxxxxxxx agrees that matters concerning the election, payment, application, accrual and computation of interest and interest rates shall be in accordance with Lxxxxx’s practices set forth in this Agreement and in the other Transaction Documents.
Interest Rate Matters. 24 Section 2.5 Extensions....................................................................................26 Section 2.6 The Letter of Credit Facility.................................................................27 Section 2.7
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Interest Rate Matters. 23 2.4.1 Lender Tax Adjustment............................................23 2.4.2 Inability to Determine Eurodollar Rate...........................23 2.4.3 Illegality.......................................................24 2.4.4 Increased Costs and Reduced Return...............................24 SECTION 2.5 CHANGE IN BASIS POINT SPREAD..................................25 SECTION 2.6 EXTENSIONS....................................................25 ARTICLE III....................................................................26
Interest Rate Matters 

Related to Interest Rate Matters

  • Interest Rate Options The Borrower shall pay interest in respect of the outstanding unpaid principal amount of the Loans as selected by it from the Base Rate Option or LIBOR Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may select different Interest Rate Options and different Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of the Loans comprising any Borrowing Tranche; provided that (i) there shall not be at any one time outstanding more than ten (10) Borrowing Tranches in the aggregate among all of the Loans and (ii) if an Event of Default or Potential Default exists and is continuing, the Borrower may not request, convert to, or renew the LIBOR Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the LIBOR Rate Option shall be converted immediately to the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.9 [Indemnity] in connection with such conversion. If at any time the designated rate applicable to any Loan made by any Lender exceeds such Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate.

  • Interest Rates (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

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