Common use of Short Term Fixed Rate Clause in Contracts

Short Term Fixed Rate. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Short Term Fixed Rate, subject to the following requirements:

Appears in 3 contracts

Samples: Business Loan Agreement (Salick Health Care Inc), Loan Agreement (Sport Chalet Inc), Credit Agreement (Remedytemp Inc)

AutoNDA by SimpleDocs

Short Term Fixed Rate. The Borrower Borrowers may elect to have all or portions of the principal balance of the [line of credit credit] bear interest at the Short Term Fixed Rate, subject to the following requirements:

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

AutoNDA by SimpleDocs

Short Term Fixed Rate. The Borrower may elect to have all or portions of --------------------- the principal balance of the line of credit bear interest at the Short Term Fixed Rate, subject to the following requirements:

Appears in 1 contract

Samples: Agreement (Sport Chalet Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.