Examples of Revolving Rate in a sentence
At Lender's option and to the extent permitted by applicable Law and this Agreement, all past due Obligations shall bear interest from maturity (whether at stated maturity, by acceleration or otherwise) at the Revolving Rate then in effect plus three percent (3.0%) ("Default Rate") (provided, however, the Default Rate shall never exceed the Maximum Rate) until paid, regardless of whether such payment is made before or after entry of a judgment.
The interest rate on out- standing borrowings at February 3, 2002 was 4.75% on the Revolving Rate Loan and 3.25% on the LI- BOR Rate Loan payable monthly.
We are entitled to provide partial deliveries to a reasonable extent.
Unless waived by the Agent in accordance with Section 10.06(b) of the Credit Agreement, this Assignment and Assumption shall be delivered to the Agent with a processing and recordation fee of $3,500.
The interest rate on outstanding borrowings at January 30, 2000 was 8.5% on the Revolving Rate Loan payable monthly.