Single Base Rate Loan Segment. If on a Pricing Date, any Loan Segment is priced under the Base Rate resulting in more than one Loan Segment priced under the Base Rate, all Loan principal priced under the Base Rate will be treated as a single Base Rate Loan Segment by combining the Adjusted Principal Balances of such Loan Segments on such Pricing Date.
Appears in 3 contracts
Samples: Note and Loan Agreement (Pope Resources LTD Partnership), Note and Loan Agreement (Pope Resources LTD Partnership), Note and Loan Agreement (Pope Resources LTD Partnership)
Single Base Rate Loan Segment. If on a Pricing Date, any a Loan Segment is priced under the Base Rate resulting in more than one Loan Segment priced under the Base Rate, all Loan principal priced under the Base Rate will be treated as a single Base Rate Loan Segment by combining the Adjusted Principal Balances of principal balances from all such Loan Segments priced under the Base Rate on such Pricing Date.
Appears in 2 contracts
Samples: Revolving Operating Note (Pope Resources LTD Partnership), Revolving Operating Note (Pope Resources LTD Partnership)
Single Base Rate Loan Segment. If on a Pricing Date, any Loan Segment is priced under the Base Rate resulting in more than one Loan Segment priced under the Base Rate, all Loan principal priced under the Base Rate will be treated as a single Base Rate Loan Segment by combining the Adjusted Principal Balances principal balances of such Loan Segments on such Pricing Date.
Appears in 2 contracts
Samples: Revolving Line of Credit (Pope Resources LTD Partnership), Loan Agreement (Pope Resources LTD Partnership)
Single Base Rate Loan Segment. If on a Pricing Date, any Loan Segment is priced under the Base Rate resulting in more than one Loan Segment priced under the Base Rate, all Loan principal priced under the Base Rate will be treated as a single Base Rate Loan Segment by combining the Adjusted Principal Balances principal amount of such Loan Segments on such Pricing Date.
Appears in 2 contracts
Samples: Loan Agreement (Pope Resources LTD Partnership), Loan Agreement (Pope Resources LTD Partnership)
Single Base Rate Loan Segment. If on a Pricing Date, any Loan Segment is priced under the Base Rate resulting in more than one Loan Segment priced under the Base Rate, all Loan principal priced under 087451-0020/4819-0806-5649.7 the Base Rate will be treated as a single Base Rate Loan Segment by combining the Adjusted Principal Balances principal amount of such Loan Segments on such Pricing Date.
Appears in 1 contract
