Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, as selected and specified by the Borrower in an Interest Rate Election Notice furnished to the Agent in accordance with the provisions of Section 2.6.2(e), or as otherwise determined in accordance with the provisions of this Section 2.6, and as may be adjusted from time to time in accordance with the provisions of Section 2.6.3.
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Samples: Financing and Security Agreement (BPC Holding Corp), Financing and Security Agreement (BPC Holding Corp)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, as selected and specified by the Borrower in an Interest Rate Election Notice furnished to the Agent Lender in accordance with the provisions of Section 2.6.2(e2.3.2(e), or as otherwise determined in accordance with the provisions of this Section 2.62.3, and as may be adjusted from time to time in accordance with the provisions of Section 2.6.32.3.3.
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Applicable Interest Rates. (a) Each a)Each Loan shall bear interest until maturity (whether by acceleration, ,declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, ,as selected and specified by the Borrower in an Interest Rate Election Notice furnished to the Agent Lender in accordance with the provisions of Section 2.6.2(e), or 2.3.2(f),or as otherwise determined in accordance with the provisions of this Section 2.6, and 2.3,and as may be adjusted from time to time in accordance with the provisions of Section 2.6.32.3.3.
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Samples: Financing and Security Agreement (Chatwins Group Inc)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, as selected and specified by the Borrower Borrowers in an Interest Rate Election Notice furnished to the Agent Lender in accordance with the provisions of Section 2.6.2(e2.5.2(e), or as otherwise determined in accordance with the provisions of this Section 2.62.5, and as may be adjusted from time to time in accordance with the provisions of Section 2.6.32.5.3.
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Samples: Financing and Security Agreement (Kimberton Enterprises Inc)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, as selected and specified by the Borrower in an Interest Rate Election Notice furnished to the Agent in accordance with the provisions of Section 2.6.2(e2.7.2(e), or as otherwise determined in accordance with the provisions of this Section 2.62.7, and as may be adjusted from time to time in accordance with the provisions of Section 2.6.32.7.3.
Appears in 1 contract
Samples: Financing and Security Agreement (BPC Holding Corp)
Applicable Interest Rates. (a) Each Loan shall bear interest until maturity (whether by acceleration, declaration, extension or otherwise) at either the Alternate Base Rate or the LIBOR Rate, as selected and specified by the Borrower in an Interest Rate Election Notice furnished to the Agent in accordance with the provisions of Section 2.6.2(e2.3.2(e) (Selection of Interest Rates), or as otherwise determined in accordance with the provisions of this Section 2.62.3 (Interest), and as may be adjusted from time to time in accordance with the provisions of Section 2.6.32.3.3 (Inability to Determine LIBOR Base Rate).
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Samples: Financing and Security Agreement (O Ray Holdings Inc)