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Common use of Adjustment to Interest Rate Clause in Contracts

Adjustment to Interest Rate. The applicable interest rate hereunder shall increase or decrease when the Prime Rate changes.

Appears in 15 contracts

Sources: Loan and Security Agreement (Axs One Inc), Loan and Security Agreement (Aprimo, INC), Loan and Security Agreement (Physiometrix Inc)

Related Clauses

  • Fixed Interest Rate
  • Conversion to Fixed Interest Rate
  • VARIABLE INTEREST RATE
  • Interest Rate
  • Applicable Interest Rate

Parent Clauses

  • Loan and Terms of Payment
  • Payment of Interest on the Credit Extensions
  • Interest Rate
  • Amendments to Loan Agreement
  • Loans and Terms of Payment

Sub-Clauses

  • Unused Line Fee
  • Fees
  • Fees Fully Earned
  • Secured Party Expenses
  • Delayed Draw Term Loan Commitment Fees
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