Common use of Letter of Credit Fees, Interest Rate Clause in Contracts

Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest borne by each Loan shall equal the sum of (i) the interest rate per annum applicable under the Base Rate Option plus (ii) 2.0% per annum; and

Appears in 12 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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Letter of Credit Fees, Interest Rate. The the Letter of Credit Fees and the rate of interest borne by each Loan shall equal the sum of (i) the interest rate per annum applicable under the Base Rate Option plus (ii) 2.0% per annum; and

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

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Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest borne by each Loan shall be equal the sum of (i) the interest rate per annum applicable under the Revolving Credit Base Rate Option plus (ii) 2.0% per annum; and

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

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