Common use of Optional Interest Rates Clause in Contracts

Optional Interest Rates. Instead of the interest rate based on the Base Rate, the Borrower may elect the optional interest rate listed below for the Line of Credit during interest periods agreed to by the Bank and the Borrower. The optional interest rate shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "Portion." The following optional interest rate is available: The LIBOR Rate (as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 below.

Optional Interest Rates. Instead of the interest rate based on the Base Raterate stated in paragraph 1.4 above, the Borrower may elect the optional interest rate rates listed below in Article 2 for the Line of Credit this Facility No. 1 during interest periods agreed to by specified under the Bank and the Borrowerterms of Article 2. The optional interest rate rates shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "“Portion." ” The following optional interest rate that is available: The available is the LIBOR Rate (as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 below1.75 percentage points.

Optional Interest Rates. Instead of the interest rate based on the Base rate stated in the paragraph entitled “Interest Rate” above, the Borrower may elect the optional interest rate listed below for the Line of Credit this Facility No. 1 during interest periods agreed to by the Bank and the Borrower. The optional interest rate shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "“Portion." ” The following optional interest rate is available: The A fixed rate based on the LIBOR Rate (as defined in Section 3.2(c)Paragraph 4.2) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 below1.75 percentage point(s).

Optional Interest Rates. Instead of the interest rate based on the Base Raterate stated in Section 1.4(a), the Borrower may elect the optional interest rate rates listed below for the Line of Credit during interest periods agreed to by the Bank and the Borrowerspecified in Section 2.2(a). The optional interest rate rates shall be the LIBOR Rate plus the Applicable Margin as defined below, and shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "“Portion." The following optional interest rate is available: The LIBOR Rate (as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 below.”

Optional Interest Rates. Instead of the interest rate based on the Base Raterate stated in Section 2.4, the Borrower may elect the optional interest rate rates listed below for the Line of Credit Term Loan during interest periods agreed to by the Bank set forth in Section 3.2(a) and the Borrower3.3(a). The optional interest rate rates shall be subject to the terms and conditions described later in this AgreementArticle 3. Any principal amount bearing interest at an optional rate under this Agreement the Term Loan is referred to as a "Portion." The following optional interest rate is rates are available: o The LIBOR Rate (plus the Applicable Rate as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 below1.6.

Optional Interest Rates. Instead of the interest rate based on the Base rate stated in the paragraph entitled “Interest Rate” above, the Borrower may elect the optional interest rate listed below for the Line of Credit this Facility No. 1 during interest periods agreed to by the Bank and the Borrower. The optional interest rate shall be subject to the terms and conditions described later in this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "“Portion." ” The following optional interest rate is rates are available: The LIBOR Rate (as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 as defined below.

Optional Interest Rates. Instead of the interest rate based on the Base Raterate stated in Subsection 1.4(a) above, the Borrower may elect the optional interest rate rates listed below for the Line of Credit Facility No. 1 during interest periods agreed to by the Bank and the Borrowerperiod specified in Subsection 1A.2(a) of this Agreement. The optional interest rate rates shall be subject to the terms and conditions described later in of Article 1A of this Agreement. Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "Portion." The following optional interest rate is available: • The LIBOR Rate (as defined in Section 3.2(c)) plus the Applicable LIBOR Rate Margin set forth in Section 2.7 as defined below.