Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e), or as otherwise determined in accordance with the provisions of this ARTICLE II, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate).
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Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers Borrower in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e2.4.2(e), or as otherwise determined in accordance with the provisions of this ARTICLE II, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate)2.4.
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Samples: Financing and Security Agreement (Weston Roy F Inc)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers Borrower in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e2.4.1(e), or as otherwise determined in accordance with the provisions of this ARTICLE IISection 2.4, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate2.4.1(d).
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Samples: Financing and Security Agreement (Sensys Technologies Inc)
Applicable Interest Rates. (a) Each The Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar LIBOR Rate, as selected and specified by the Borrowers in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e)2.4.1, or as otherwise determined in accordance with the provisions of this ARTICLE II, Section 2.4 and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate)2.4.2.
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Samples: Financing and Security Agreement (Paradise Color Inc)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e), or as otherwise determined in accordance with the provisions of this ARTICLE IISection 2.5, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate).
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Samples: Financing and Security Agreement (Clean Towel Service Inc)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers Borrower in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e2.4.2(e), or as otherwise determined in accordance with the provisions of this ARTICLE II2.3.8, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate)this Section.
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Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Base Rate or the Eurodollar Rate, as selected and specified by the Borrowers Borrower in an Interest Rate Election Notice furnished to the Lender in accordance with the provisions of Section 2.5.2(e2.4.1(e), or as otherwise determined in accordance with the provisions of this ARTICLE II2.3.8, and as may be adjusted from time to time in accordance with the provisions of Section 2.5.3 (Inability to Determine Eurodollar Base Rate)Section.
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