Examples of Term Loan A Rate in a sentence
Bank shall compute the Applicable Term Loan "A" Rate from information supplied in the Wall Street Journal or another reliable publication or reporting service selected by Bank.
Interest charges shall be computed on the actual principal amount of Advances outstanding during the month at a rate per annum equal to (i) with respect to Revolving Advances, the applicable Revolving Interest Rate, (ii) with respect to the Equipment Loans, the applicable Equipment Loan Rate, (iii) with respect to Term Loan A, the applicable Term Loan A Rate, and (iv) with respect to Term Loan B, the applicable Term Loan B Rate (as applicable, the "Contract Rate").
Initial Here Subject to Borrower's right to convert the Applicable Term Loan "A" Rate as elsewhere provided in this Note and except as hereinbelow provided, all amounts from time to time outstanding and unpaid under this Note shall bear interest, on the Daily Balance owing, at the Term Offshore Rate (as defined in the Loan Agreement).
Term Loan A Rate - For the period from the Closing Date through September, 30, 2002, the fixed per annum rate of six and three quarters percent (6.75%).
Interest charges shall be computed on the actual principal amount of Advances outstanding during the month at a rate per annum equal to (i) with respect to Revolving Advances, the applicable Revolving Interest Rate, (ii) with respect to Term Loan A, the applicable Term Loan A Rate and (iii) with respect to Term Loan B, the applicable Term Loan B Rate (as applicable, the "Contract Rate").
Interest charges shall be computed on the actual principal amount of the Term Loan A outstanding during each interest assessment period described above at the Applicable Term Loan A Rate; provided, however, that after the occurrence of an Event of Default and during the continuation thereof, at the option of Agent or at the direction of the Required Term A Lenders, the Term Loan A shall bear interest, instead, at the Default Rate.
From and after the Maturity Date, amounts outstanding and unpaid this Note shall bear interest at five (5) percentage points more than the Applicable Term Loan "A" Rate that would have been applicable hereunder had the Maturity Date not occurred.
Borrower's conversion rights under this Section 2(2) shall be exclusive, and Borrower shall not have any right to convert the Applicable Term Loan "A" Rate from either a Prime Rate-Based loan under Section 2(1)(a) above, a Term Fixed Rate-Based loan utilizing annual adjustments under Section 2(1)(b) above, or a Term Offshore Rate-Based loan under Section 2(1)(c), except as provided in this Section 2(2).
Interest charges shall be computed on the actual principal amount of Advances outstanding during the month at a rate per annum equal to (i) with respect to Revolving Advances, the applicable Revolving Interest Rate, (ii) with respect to Swingline Advances, the Swingline Advance Rate and (iii) with respect to the Term Loans, the applicable Term Loan A Rate or Term Loan B Rate (as applicable, the “Contract Rate”).
All loans and advances made under Term Loan Facility "A" shall be added to and deemed a part of the Obligations and shall bear interest, on the Daily Balance owing in connection with such note, at a per annum rate equal to the Applicable Term Loan "A" Rate.