Common use of Swingline Loan Interest Clause in Contracts

Swingline Loan Interest. Interest on the Swingline Loans shall accrue at a rate per annum as offered by PNC Bank and accepted by the Borrower. After the occurrence of an Event of Default and during the continuation thereof, the Swingline Loans

Swingline Loan Interest. Interest on the Swingline Loans shall accrue at a rate per annum as offered by PNC Bank and accepted by the Borrower. After the occurrence of an Event of Default and during the continuation thereof, the Swingline LoansLoans shall bear interest at a rate per annum which shall be two hundred (200) basis points (2%) above the Base Rate otherwise in effect during such period.

Swingline Loan Interest. Interest on the Swingline Loans shall accrue at a the Base Rate or such other rate per annum as offered by PNC Bank and accepted by the Borrower. After the occurrence of an Event of Default and during the continuation thereof, the Swingline LoansLoans shall bear interest at a rate per annum which shall be two hundred (200) basis points (2%) above the Base Rate otherwise in effect during such period.

Swingline Loan Interest. Interest on the Swingline Loans shall accrue at a rate per annum as offered by PNC Bank the Swingline Lender and accepted by the Borrower. After the occurrence of an Event of Default and during the continuation thereofthereof whether or not judgment has been entered on the Notes, the Swingline LoansLoans shall bear interest at a rate per annum which shall be two hundred (200) basis points (2%) above the Base Rate Option otherwise in effect for Revolving Credit Loans during such period.