Common use of Base Rate Loans Clause in Contracts

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.6.

Appears in 11 contracts

Sources: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

Base Rate Loans. The Each applicable Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loan from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin.

Appears in 8 contracts

Sources: Credit Agreement (Crown Holdings Inc), Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each such Borrower’s Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loans from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin.

Appears in 5 contracts

Sources: Credit Agreement (BALL Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)

Base Rate Loans. The Borrower Company agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loan from the date the proceeds thereof are made available to the Borrower Company (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) repayment in full of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 at a rate per annum equal to the Base Rate plus the relevant Applicable Base Rate Margin.

Appears in 4 contracts

Sources: Term Loan Agreement (Texas Petrochemicals Inc.), Term Loan Agreement (Texas Petrochemicals Inc.), Term Loan Agreement (Texas Petrochemicals Inc.)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section 2.6.

Appears in 3 contracts

Sources: Credit Agreement (TNS Inc), Credit Agreement (Irwin Telecom Services Inc), Credit Agreement (Gaylord Container Corp /De/)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section 2.6.

Appears in 3 contracts

Sources: Second Amendment and Restatement Agreement (BMC Industries Inc/Mn/), Credit Agreement (BMC Industries Inc/Mn/), Credit Agreement (Compx International Inc)

Base Rate Loans. The Each applicable Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loan from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.7 at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin.

Appears in 3 contracts

Sources: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section SECTION 2.6.

Appears in 2 contracts

Sources: Credit Agreement (BMC Industries Inc/Mn/), Credit Agreement (BMC Industries Inc/Mn/)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each such Borrower’s Base Rate Loan, Loans at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and Loan, (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 or (iii) the payment of such Base Rate Loan.

Appears in 1 contract

Sources: Credit Agreement (Greif Inc)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus PLUS the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section SECTION 2.6.

Appears in 1 contract

Sources: Credit Agreement (Gencorp Inc)

Base Rate Loans. The Borrower agrees Borrowers agree jointly and severally to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) Borrowers until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section 2.6.

Appears in 1 contract

Sources: Credit Agreement (Natg Holdings LLC)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section Sections 2.6.

Appears in 1 contract

Sources: Credit Agreement (Glatfelter P H Co)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each such Borrower's Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loans from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin.

Appears in 1 contract

Sources: Credit Agreement (Ball Corp)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section 2.6.

Appears in 1 contract

Sources: Credit Agreement (Titanium Metals Corp)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loan from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.62.6 at a rate per annum equal to the Base Rate plus the relevant Applicable Base Rate Margin.

Appears in 1 contract

Sources: Credit Agreement (Huntsman Advanced Materials (UK) LTD)

Base Rate Loans. The Borrower agrees to shall pay interest in respect of the unpaid principal amount of each Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loan from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and (ii) the conversion of such Base Rate Loan to a Eurocurrency Eurodollar Loan pursuant to Section 2.61.06, at a rate per annum which shall be equal to the sum of the relevant Applicable Margin plus the Base Rate, each as in effect from time to time.

Appears in 1 contract

Sources: Credit Agreement (Iasis Healthcare Corp)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.6Sections 2.6 or 2.7.

Appears in 1 contract

Sources: Credit Agreement (Glatfelter P H Co)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section SECTION 2.6.

Appears in 1 contract

Sources: Credit Agreement (Noveon Inc)

Base Rate Loans. The Each Borrower agrees to pay interest in respect of the unpaid principal amount of each such Borrower’s Base Rate Loan, at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Loans from the date the proceeds thereof are made available to the such Borrower (or, if such Base Rate Loan was converted from a Eurocurrency EurocurrencySOFR Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency EurocurrencySOFR Loan pursuant to Section 2.62.6 at a rate per annum equal to the relevant Base Rate plus the Applicable Base Rate Margin.

Appears in 1 contract

Sources: Credit Agreement (BALL Corp)

Base Rate Loans. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Base Rate Loan, Loan at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, Margin from the date the proceeds thereof are made available to the Borrower (or, if such Base Rate Loan was converted from a Eurocurrency Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Base Rate Loan and or (ii) the conversion of such Base Rate Loan to a Eurocurrency Loan pursuant to Section 2.6.

Appears in 1 contract

Sources: Credit Agreement (Huntsman International LLC)