Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin in effect from time to time, payable quarterly in arrears on the last day of each March, June, September, and December and on the date such Reference Rate Advance shall be paid in full.
Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest prior to maturity at a rate per annum equal to the Reference Rate.
Reference Rate Advances. Each Reference Rate Advance shall bear interest at the Adjusted Reference Rate in effect from time to time plus the Applicable Margin for Reference Rate Advances in effect from time to time. The Borrower shall pay to Administrative Agent for the ratable account of each Lender all accrued but unpaid interest on such Lender’s Reference Rate Advances, quarterly in arrears, on each March 31st, June 30th, September 30th, and December 31st commencing on September 30, 2016, on the date such Reference Rate Advance shall be paid in full and on the Commitment Termination Date.
Reference Rate Advances. The unpaid principal amount of Revolving Loans accruing interest as Reference Rate Advances shall bear interest prior to maturity as follows:
(i) on that portion of the aggregate outstanding principal of the Revolving Loans which is equal to or less than $2,500,000, at a rate per annum equal to the Reference Rate; and (ii) on that portion of the aggregate outstanding principal of the Revolving Loans which exceeds $2,500,000, at a rate per annum equal to the sum of the Reference Rate plus one-half of one percent (0.50) per annum.
Reference Rate Advances. If such Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin in effect from time to time, payable in arrears on the last day of each March, June, September and December commencing September 30, 2004 and on the date such Reference Rate Advance shall be paid in full, provided that upon the occurrence and during the continuance of any Event of Default, such Advance shall bear interest at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time plus the Applicable Margin plus two percent (2.00%) per annum, payable on written demand.
Reference Rate Advances. 18 Section 4.1 Reference Rate Advance Requests..............................................18 Section 4.2 Making of Reference Rate Advances............................................18 Section 4.3 Interest on Reference Rate Advances..........................................18 Section 4.4 Reference Rate Communication.................................................19
Reference Rate Advances. If such Revolving Advance is a Reference Rate Advance, a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time PLUS the Applicable Margin in effect from time to time, payable in arrears on the last day of each month and on the date such Reference Rate Advance shall be paid in full, PROVIDED that any amount of principal which is not paid when due (whether at stated maturity, by acceleration, or otherwise) shall bear interest from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time PLUS the Applicable Margin PLUS 3.00% per annum.
Reference Rate Advances. If such Advance is a Reference Rate Advance, the Borrowers shall pay interest on the unpaid principal amount of such Advances at a rate per annum equal at all times to the Adjusted Reference Rate in effect from time to time payable monthly in arrears on the last day of each calendar month and on the date such Reference Rate Advance shall be paid in full; provided that, if a Default or Event of Default shall have occurred and be continuing, such interest shall accrue at a rate per annum equal at all times to the Adjusted Reference Rate plus 4% per annum.
Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest at a rate per annum equal to the Reference Rate in effect from time to time plus the Applicable Margin.
Reference Rate Advances. A variable rate equivalent to an index for a variable interest rate which is quoted, published or announced from time to time by the Bank as its reference rate and as to which loans may be made by the Bank at, below or above such reference rate (the "Reference Rate"). Interest shall be adjusted concurrently with any change in the Reference Rate. An Advance based upon the Reference Rate is hereinafter referred to as a "Reference Rate Advance." Each such Reference Rate Advance must be in the minimum amount of $100,000.00.
