OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate, subject to the following requirements:
Appears in 4 contracts
Samples: Business Loan Agreement (Ventana Medical Systems Inc), Business Loan Agreement (Tab Products Co), Business Loan Agreement (Channell Commercial Corp)
OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit loan bear interest at the Offshore Rate, subject to the following requirements:
Appears in 2 contracts
Samples: Business Loan Agreement (Coffee People Inc), Business Loan Agreement (Coffee People Inc)
