Common use of Term Loan LIBOR Rate Option Clause in Contracts

Term Loan LIBOR Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the LIBOR Rate plus the Applicable Margin.

Appears in 11 contracts

Samples: Credit Agreement (DLH Holdings Corp.), Credit Agreement (Advanced Drainage Systems, Inc.), Credit Agreement (Federated Investors Inc /Pa/)

AutoNDA by SimpleDocs

Term Loan LIBOR Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the LIBOR Rate as determined for each applicable Interest Period plus the Applicable Margin.

Appears in 3 contracts

Samples: Credit Agreement (Stewart Information Services Corp), Credit Agreement (Neogenomics Inc), Credit Agreement (Aimco Properties L.P.)

Term Loan LIBOR Rate Option. A rate per annum (computed on the basis of a year of 360 three hundred sixty (360) days and actual days elapsed) equal to the LIBOR Rate as determined for each applicable Interest Period plus the Applicable Margin.

Appears in 3 contracts

Samples: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)

Term Loan LIBOR Rate Option. A rate per annum (computed on the basis of a year of 360 three hundred sixty (360) days and actual days elapsed) equal to the LIBOR Rate plus the Applicable Margin.

Appears in 2 contracts

Samples: Credit Agreement (CALGON CARBON Corp), Credit Agreement (Universal Stainless & Alloy Products Inc)

AutoNDA by SimpleDocs

Term Loan LIBOR Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed) elapsed equal to the LIBOR Rate plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Under Armour, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!