Common use of Agent Base Rate Clause in Contracts

Agent Base Rate. At a rate per annum equal at all times to the rate of interest established by the Agent from time to time as the CoBank Base Rate, as defined in Section 4(A) of the corresponding Multiple Advance Term Loan Supplement between the Agent and Dakota Fuels that funds advances hereunder, plus any applicable interest rate spread specified in Section 4(A) of such Multiple Advance Term Loan Supplement between the Agent and Dakota Fuels, including any amendments or replacements thereto. The CoBank Base Rate will change on the date established by Agent as the effective date of any change therein and Agent agrees to notify the Company of any such change.

Agent Base Rate. At a rate per annum equal at all times to the rate of interest established by the Agent from time to time as the CoBank Base Rate, as defined in Section 4(A) of the corresponding Multiple Advance Revolving Term Loan Supplement between the Agent and Dakota Fuels that funds advances hereunder, plus any applicable interest rate spread specified in Section 4(A) of such Multiple Advance Revolving Term Loan Supplement between the Agent and Dakota Fuels, including any amendments or replacements thereto. The CoBank Base Rate will change on the date established by Agent as the effective date of any change therein and Agent agrees to notify the Company of any such change.