Interest Rates and Payment. (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 sum of (i) Base --- ----- Rate and (ii) from June 20, 1998 and until the end of the Waiver Period, one-half of one percent (.50%).
Appears in 4 contracts
Samples: First Waiver (Smart & Final Inc/De), Credit Agreement (Smart & Final Inc/De), Credit Agreement (Smart & Final Inc/De)