Common use of Canadian Prime Rate Loans Clause in Contracts

Canadian Prime Rate Loans. Subject to Section 2.06(e), the Loans comprising each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to time.

Appears in 6 contracts

Samples: Credit Agreement (SGS International, Inc.), Credit Agreement (LNT Leasing II, LLC), Credit Agreement (Linens N Things Inc)

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Canadian Prime Rate Loans. Subject to the provisions of Section 2.06(e2.06(f), the Loans comprising each Canadian Prime Rate Borrowing Loan, during the period such Revolving Loan is a Canadian Prime Rate Loan, shall bear interest at a rate per annum equal to the Canadian Prime Rate in effect therefor plus the Applicable Margin in effect from time to time.

Appears in 5 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the During such periods as Canadian Revolving Loans comprising each shall be comprised of Canadian Prime Rate Borrowing Loans, each such Canadian Prime Rate Loan shall bear interest at a rate per annum rate equal to the sum of the Canadian Prime Rate plus the Applicable Margin in effect from time to time.Percentage;

Appears in 4 contracts

Samples: Credit Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO), Security Agreement (Rock-Tenn CO)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the Loans comprising each Each Advance of a Canadian Prime Rate Borrowing shall Loan will bear interest at a variable rate of interest per annum equal to the Canadian Prime Rate plus the Applicable Margin applicable margin as indicated in effect from time to timethe table set forth in Section 4.2(i).

Appears in 3 contracts

Samples: Credit Agreement (Penn West Petroleum Ltd.), Credit Agreement (ENERPLUS Corp), Credit Agreement (Penn West Energy Trust)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the During such periods as Multicurrency Revolving Loans comprising each shall be comprised of Canadian Prime Rate Borrowing Loans, each such Canadian Prime Rate Loan shall bear interest at a rate per annum rate equal to the sum of the Canadian Prime Rate plus the Applicable Margin in effect from time to timeMargin.

Appears in 1 contract

Samples: Credit Agreement (Cash America International Inc)

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Canadian Prime Rate Loans. Subject to Section 2.06(e), the The Loans comprising constituting each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to timetime plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Hertz Corp)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the During such periods as Canadian Revolving Loans comprising each shall be comprised of Canadian Prime Rate Borrowing Loans, such Canadian Prime Rate Loans shall bear interest at a rate per annum equal to the Adjusted Canadian Prime Rate plus the Applicable Margin in effect from time to timeRate.

Appears in 1 contract

Samples: Credit Agreement (Wesco International Inc)

Canadian Prime Rate Loans. Subject to Section 2.06(e), the The Loans comprising constituting each Canadian Prime Rate Borrowing shall bear interest at a rate per annum equal to the Canadian Prime Rate plus the Applicable Margin in effect from time to timetime plus the Applicable Rate.

Appears in 1 contract

Samples: Credit Agreement (Bowater Inc)

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