Common use of Loan Interest Rates Clause in Contracts

Loan Interest Rates. Borrower shall pay interest on the unpaid principal amount of each Loan from the date of such Loan until the maturity or prepayment thereof at one of the following rates per annum: (a) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, an ABR Loan, at a rate per annum equal to the Alternate Base Rate plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional Margin. (b) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, a LIBOR Loan, at a rate per annum during each Interest Period for such LIBOR Loan equal to the Adjusted LIBO Rate for such Interest Period plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional Margin. (c) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, a Federal Funds Rate Loan, at a rate per annum equal to the Federal Funds Rate plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional Margin.

Loan Interest Rates. Borrower shall pay interest on the unpaid principal amount of each Loan from the date of such Loan until the maturity or prepayment thereof at one of the following rates per annum: (a) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, an ABR a Base Rate Loan, at a rate per annum equal to the Alternate Base Rate (such rate to change from time to time as the Base Rate shall change) plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional MarginRate. (b) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, a LIBOR Loan, at a rate per annum during each Interest Period for such LIBOR Loan equal to the Adjusted LIBO LIBOR Rate for such Interest Period plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional MarginRate. (c) With respect to the principal portion of such Loan that is, and during such periods as such Loan is, a Federal Funds Rate Loan, at a rate per annum equal to the Federal Funds Rate (such rate to change from time to time as the Federal Funds Rate shall change) plus the Applicable Rate plus, for each Commitment Utilization Day, the Additional MarginRate.