Common use of Supplemental Credit Facility Clause in Contracts

Supplemental Credit Facility. The outstanding principal balance of each loan or advance under the Supplemental Credit Facility (excluding fees for the issuance of Advance Payment Guarantees) shall accrue interest at the LIBOR Market Index Rate plus 325 basis points (3.25%), payable by the Borrower on the first day of each month in arrears and on the Supplemental Credit Facility Maturity Date.

Appears in 3 contracts

Samples: Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement (Selas Corp of America)

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Supplemental Credit Facility. The outstanding principal balance of each loan or advance under the Supplemental Credit Facility (excluding fees for the issuance of Advance Payment Guarantees) shall accrue interest at the LIBOR Market Index Rate plus 325 375 basis points (3.253.75%), and such accrued interest shall be payable by the Borrower on the first day of each month in arrears and on the Supplemental Credit Facility Maturity Date."

Appears in 1 contract

Samples: Third Waiver and Amendment Agreement (Selas Corp of America)

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