Interest Rate on Term Loans. (A) Subject to the provisions of subsection (B) below, each Term Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the LIBO Rate for such Interest Period plus the Applicable Rate.
Appears in 5 contracts
Samples: Letter of Credit and Term Loan Agreement (Chicago Bridge & Iron Co N V), Credit and Term Loan Agreement (Waste Management Inc), Letter of Credit and Term Loan Agreement (Chicago Bridge & Iron Co N V)
Interest Rate on Term Loans. (A) Subject to the provisions of subsection (B) below, each Term Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the LIBO Rate for such Interest Period plus the Applicable Rate.. Ten Year Letter of Credit and Term Loan Agreement
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Waste Management Inc)
