Common use of Term Advances Clause in Contracts

Term Advances. Except as set forth in Section 2.3(b), the Term Advance shall bear interest, on the outstanding Daily Balance thereof, at an annual rate equal to two percent (2.0%) above the Prime Rate.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (EverQuote, Inc.), Loan and Security Agreement (EverQuote, Inc.)

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Term Advances. Except as set forth in Section 2.3(b), the Term Advance Advances shall bear interest, on the outstanding Daily Balance thereof, at an annual a rate equal to two one half percent (2.00.50%) above the Prime Rate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Persistence Software Inc), Loan Agreement (Persistence Software Inc)

Term Advances. Except as set forth in Section 2.3(b), the ------------- Term Advance Advances shall bear interest, on the outstanding Daily Balance daily balance thereof, at an annual a rate equal to two percent One and One Half Percent (2.01.5%) above the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Pointshare Corp)

Term Advances. Except as set forth in Section 2.3(b), the Term Advance Advances shall bear interest, on the outstanding Daily Balance daily balance thereof, at an annual a rate equal to two percent One Half Percent (2.00.5%) above the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Women Com Networks Inc)

Term Advances. Except as set forth in Section 2.3(b), the Term Advance Advances shall bear interest, on the outstanding Daily Balance daily balance thereof, at an annual a rate equal to two percent (2.0%) 0.75% above the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Akesis Pharmaceuticals, Inc.)

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Term Advances. Except as set forth in Section 2.3(b), the ------------- Term Advance Advances shall bear interest, on the outstanding Daily Balance thereof, at an annual a rate equal to two one-half percent (2.00.50 %) above the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Egain Communications Corp)

Term Advances. Except as set forth in Section 2.3(b2.3((b)), the Term Advance Advances shall bear interest, on the outstanding Daily Balance daily balance thereof, at an annual a rate equal to two percent Two and One Half Percent (2.02.5%) above the Prime Rate.

Appears in 1 contract

Samples: Loan and Security Agreement (Uol Publishing Inc)

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