Rates of Interest. (a) Each Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 4 contracts
Samples: Day Revolving Credit Agreement (Pp&l Resources Inc), Day Revolving Credit Agreement (Pp&l Inc), Pp&l Inc
Rates of Interest. (a) Each Borrower agrees to pay interest in ----------------- respect of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section (S) 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 2 contracts
Samples: Pp&l Inc, Pp&l Resources Inc
Rates of Interest. (a) Each The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section ss. 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 1 contract
Samples: Day Revolving Credit Agreement (PPL Energy Supply LLC)
Rates of Interest. (a) Each The Borrower agrees to pay interest in ------------------ respect of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section (S) 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 1 contract
Rates of Interest. (ae) Each The Borrower agrees to pay interest in respect ---------------------- of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section (S) 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 1 contract
Rates of Interest. (a) Each Borrower agrees to pay interest in ------------------ respect of the unpaid principal amount of each Base Rate Loan made to it from the date the proceeds thereof are made available to it until prepayment pursuant to Section (S) 3 or maturity (whether by acceleration or otherwise) at a rate per annum which shall be the Base Rate in effect from time to time.
Appears in 1 contract
Samples: PPL Electric Utilities Corp
