Common use of LIBOR-Based Rate Clause in Contracts

LIBOR-Based Rate. Each LIBOR-Based Rate Segment shall bear interest from the date the LIBOR-Based Rate becomes applicable thereto until the end of the applicable Interest Period on the unpaid principal balance of such LIBOR-Based Rate Segment at the LIBOR-Based Rate on an Actual/360 Day Basis.

Appears in 1 contract

Samples: Credit Agreement (Morrison Restaurants Inc /Ga)

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LIBOR-Based Rate. Each LIBOR-Based Rate Segment shall bear interest from the date the LIBOR-Based Rate becomes applicable thereto until the end of the applicable Interest Period on the unpaid principal balance of such LIBOR-LIBOR- Based Rate Segment at the LIBOR-Based Rate on an Actual/360 Day Basis.

Appears in 1 contract

Samples: Credit Agreement (Morrison Fresh Cooking Inc /Ga)

LIBOR-Based Rate. Each LIBOR-Based Rate Segment LIBOR Loan shall bear interest from the ---------------- date the LIBOR-Based Rate becomes applicable thereto until the end of the applicable Interest Period on the unpaid principal balance of such LIBOR-Based Rate Segment at the LIBOR-Based Rate on an Actual/360 Day BasisBasis plus the applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Hibbett Sporting Goods Inc)

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LIBOR-Based Rate. Each Syndicated Loan Segment subject to the ---------------- LIBOR-Based Rate Segment shall bear interest from the date the LIBOR-Based Rate becomes applicable thereto until the end of the applicable Interest Period on the unpaid principal balance of such LIBOR-Based Rate Syndicated Loan Segment at the LIBOR-Based Rate on an Actual/360 Day BasisBasis plus the applicable Syndicated Margin.

Appears in 1 contract

Samples: Credit Agreement (Hibbett Sporting Goods Inc)

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