Swingline Loan Interest Rate. The Swingline Loans shall accrue interest at a fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate.
Appears in 6 contracts
Samples: Credit Agreement (Peabody Energy Corp), Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.)
