LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus (y) the Applicable Margin for LIBO Rate Advances in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such LIBO Rate Advance shall be Converted or paid in full.
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Samples: Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD)
LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result sum of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus (y) the Applicable Interest Rate Margin for (the sum of (x) and (y), the “LIBO Rate Advances in effect from time to timeInterest”), payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period Period, and on the date such LIBO Rate Advance shall be Converted or paid in full.
Appears in 3 contracts
Samples: Term Loan Agreement (Altria Group, Inc.), 364 Day Bridge Loan Agreement (Altria Group, Inc.), 364 Day Bridge Loan Agreement (Altria Group, Inc.)
LIBO Rate Advances. During such periods as such Committed Advance is a LIBO Rate Advance, a rate per annum equal at all times times, during each Interest Period for such Advance Committed Advance, to the result sum of (xA) the LIBO Rate for such Interest Period for such LIBO Rate Committed Advance plus (yB) the Applicable Interest Rate Margin for LIBO Rate Advances in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period Period, and on the date such LIBO Rate Advance shall be Converted or paid in fullfull and on the Maturity Date applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Kraft Heinz Co), Credit Agreement (Kraft Heinz Co)
LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Revolving Credit Advance to the result of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus (y) the Applicable Margin for the applicable LIBO Rate Advances in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such LIBO Rate Advance shall be Converted or paid in full.
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LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Revolving Credit Advance to the result of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus (y) the Applicable Margin for LIBO Rate Advances in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such LIBO Rate Advance shall be Converted or paid in full.
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LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus (y) the Applicable Margin for the applicable LIBO Rate Advances in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such LIBO Rate Advance shall be Converted or paid in full.
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LIBO Rate Advances. During such periods as such Revolving Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Revolving Advance to the result sum of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus Revolving Advance, and (y) the Applicable Margin from time to time in effect for LIBO Rate Advances in effect from time to timeAdvances, payable in arrears on (1) the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on Period, (2) the date day such LIBO Rate Advance Revolving Advances shall be Converted or paid in full, and (3) the Termination Date.
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LIBO Rate Advances. During such periods as such Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result sum of (x) the LIBO Rate for such Interest Period for such LIBO Rate Advance plus Advance, and (y) (A) the Applicable Margin from time to time in effect for LIBO Rate Advances under the Revolving Commitment in connection with Advances of Revolving Loans, or (B) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such time for LIBO Rate Advance shall be Converted or paid Advances under the Term Loan Commitment in full.connection with Advances of
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