Interest; Repayment of Advances. (a) Each Advance shall accrue interest on the outstanding principal balance of such Advance at a rate equal to the higher of (i) a rate per annum equal to Prime Rate plus two per cent (2%) and (ii) the Applicable Federal Reserve Rate as published by the United States Treasury Department, from the date of such Advance until such Advance has been paid in full.
Appears in 4 contracts
Samples: Revolving Loan Agreement (Kana Communications Inc), Agreement and Plan of Merger (Kana Communications Inc), Voting Agreement (Broadbase Software Inc)
