Common use of LIBOR Based Rate Loans Clause in Contracts

LIBOR Based Rate Loans. Apart from the provisions of Section 2.5(c) above, if applicable, no portion of any LIBOR Based Rate Loan may be prepaid at any time unless the Borrower first satisfies in full its obligations under Section 2.8 below arising from such prepayment.

Appears in 2 contracts

Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (RCM Technologies Inc)

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LIBOR Based Rate Loans. Apart from the provisions of Section 2.5(c) above, if applicable, no No portion of any the LIBOR Based Rate Loan Loans may be prepaid at any time unless the Borrower first satisfies satisfy in full its obligations under Section 2.8 below arising from such prepayment.

Appears in 1 contract

Samples: Loan and Security Agreement (Qk Healthcare Inc)

LIBOR Based Rate Loans. Apart from the provisions of Section 2.5(c2.7(d) above, if applicable, no portion of any LIBOR Based Rate Loan may be prepaid at any time unless the Borrower first satisfies in full its obligations under Section 2.8 2.10 below arising from such prepayment.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecc International Corp)

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LIBOR Based Rate Loans. Apart from the provisions of Section 2.5(c) above, if applicable, no No portion of any the LIBOR Based Rate Loan Loans may be prepaid at any time unless except if the Borrower Borrowers first satisfies satisfy in full its their obligations under Section 2.8 2.9 below arising from such prepayment.

Appears in 1 contract

Samples: Senior Loan and Security Agreement (Interpool Inc)

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