Common use of Adjustment to Interest Rate Clause in Contracts

Adjustment to Interest Rate. Changes to the interest rate of any Advance based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 7 contracts

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

AutoNDA by SimpleDocs

Adjustment to Interest Rate. Changes to the interest rate of any Advance based on changes to the Prime LIBOR Rate shall be effective on the effective date of any change to the Prime LIBOR Rate and to the extent of any such change.

Appears in 2 contracts

Samples: Loan and Guaranty Agreement (Safeguard Scientifics Inc), Loan and Guaranty Agreement (Safeguard Scientifics Inc)

Adjustment to Interest Rate. Changes to the interest rate of any Advance applicable to the Term Advances based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Brightcove Inc)

Adjustment to Interest Rate. Changes to the interest rate of any the Term Advance #2 based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: First Loan Modification Agreement (Everyday Health, Inc.)

Adjustment to Interest Rate. Changes to the interest rate of any Non-Formula Advance based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

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

Adjustment to Interest Rate. Changes to the interest rate of any the Growth Capital Advance based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Edgar Online Inc)

Adjustment to Interest Rate. Changes to the interest rate of any the Term Advance based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Everyday Health, Inc.)

AutoNDA by SimpleDocs

Adjustment to Interest Rate. Changes to Each change in the interest rate of any Advance based on changes to in the Prime Rate shall be effective on the effective date of any such change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Electro Scientific Industries Inc)

Adjustment to Interest Rate. Changes to the interest rate of any Advance Advances based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Globalscape Inc)

Adjustment to Interest Rate. Changes to the interest rate of any Advance based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change.

Appears in 1 contract

Samples: Loan and Security Agreement (Spire Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.