Change in Rate. Each change in the fluctuating interest rate applicable to each Prime Loan will take place simultaneously with the corresponding change in the Prime Rate without the necessity for any notice to the Borrowers. (3)
Appears in 2 contracts
Samples: Credit Agreement (Lithia Motors Inc), Credit Agreement (Lithia Motors Inc)
Change in Rate. Each change in the fluctuating interest rate applicable to each Prime Rate Loan will take place simultaneously with the corresponding change in the Prime Rate without the necessity for any notice to the Borrowers. (3)Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Loan Agreement (Starcraft Corp /In/)
Change in Rate. Each change in the fluctuating interest rate applicable to each Prime Loan will take place simultaneously with the corresponding change in the Prime Rate without the necessity for any notice to the Borrowers. (3)Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Tricon Residential Inc.), Credit Agreement (Quest Capital Corp)
Change in Rate. Each change in the fluctuating interest rate applicable to each Prime Loan will take place simultaneously with the corresponding change in the Prime Rate without the necessity for any notice to the Borrowers. (3)applicable Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)
Change in Rate. Each change in the fluctuating interest rate applicable to each Prime Loan will take place simultaneously with the corresponding change in the Prime Rate without the necessity for any notice to the BorrowersBorrower. (3)
Appears in 1 contract
