Common use of INTEREST RATE OVER THE AMOUNT EFFECTIVELY DISBURSED Clause in Contracts

INTEREST RATE OVER THE AMOUNT EFFECTIVELY DISBURSED. Based on either LIBOR or LIBOR Market Index Rate, plus the Applicable Margin (equal to the percentage set forth in the table based on Borrower’s Funded Debt to EBITDA Ratio), more particularly described in the Second Amended and Restated Promissory Note attached hereto as Exhibit A.1

Appears in 2 contracts

Samples: Accounts Receivable Pledge Agreement (Lakeland Industries Inc), Account Pledge Agreement (Lakeland Industries Inc)

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INTEREST RATE OVER THE AMOUNT EFFECTIVELY DISBURSED. Based on either LIBOR or LIBOR Market Index Rate, plus the Applicable Margin (equal to the percentage set forth in the table based on Borrower’s Funded Debt to EBITDA Ratio), more particularly described in the Second Amended and Restated Promissory Note attached hereto as Exhibit Schedule A.1

Appears in 2 contracts

Samples: Quota Pledge Agreement (Lakeland Industries Inc), Share Pledge Agreement (Lakeland Industries Inc)

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INTEREST RATE OVER THE AMOUNT EFFECTIVELY DISBURSED. Based on either LIBOR or LIBOR Market Index Rate, plus the Applicable Margin (equal to the percentage set forth in the table based on Borrower’s Funded Debt to EBITDA Ratio), more particularly described in the Second Amended and Restated Promissory Note attached hereto as Exhibit A.1Annex I(a)

Appears in 1 contract

Samples: Inventory Pledge and Security Agreement (Lakeland Industries Inc)

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