Common use of Changes in Interest Rate, etc Clause in Contracts

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 5 contracts

Samples: Assignment and Assumption (Aon PLC), Assignment and Assumption (Aon PLC), Year Credit Agreement (Aon PLC)

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Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.10 to (but excluding not including) the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 4 contracts

Samples: Credit Agreement (Cardinal Health Inc), Assignment and Assumption Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 4 contracts

Samples: Credit Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Aon Corp), Assignment and Assumption (Aon Corp), Credit Agreement (Aon Corp)

Changes in Interest Rate, etc. Each Alternate Alternative Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate a Alternative Base Rate Advance pursuant to Section 2.92.2.3, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.2.3 hereof, at a rate per annum equal to the Alternate Alternative Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate a Alternative Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.2.2 and 2.9 2.2.3 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination DateLine of Credit Maturity.

Appears in 3 contracts

Samples: Credit Agreement (Mueller Industries Inc), Credit Agreement (Mueller Industries Inc), Credit Agreement (Mueller Industries Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall ----------------------------- bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Subsidiary Borrower’s 's selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Qad Inc), Credit Agreement (Qad Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance (other than a Non-Ratable Loan) shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period with respect to Revolving Loans may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Credit Agreement (Tesoro Corp /New/)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Acuity Brands Inc), Revolving Credit Agreement (Zep Inc.)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Revolving Credit Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Revolving Credit Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections Section 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Revolving Credit Termination Date.

Appears in 2 contracts

Samples: Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.12, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.12 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.10 and 2.9 2.11 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date. Each Fixed Rate Advance shall bear interest at the Fixed Rate applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Union Electric Co), Credit Agreement (Union Electric Co)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance (other than a Non-Ratable Loan) shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof2.8, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period with respect to Revolving Loans may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Credit Agreement (Tesoro Corp /New/)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate a Base Rate Advance pursuant to Section SECTION 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section SECTION 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate a Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at a rate per annum equal to the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections SECTIONS 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Houghton Mifflin Co), Year Credit Agreement (Houghton Mifflin Co)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to and in accordance with the terms of Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to and in accordance with the terms of Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Revolving Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at a rate per annum equal to the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Prior to the Commitment Termination Date, no Interest Period applicable to an Advance made by a Lender may end after the latest Facility Revolving Loan Termination DateDate applicable to such Lender.

Appears in 2 contracts

Samples: Assignment Agreement (General Dynamics Corp), Credit Agreement (General Dynamics Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base RateRate and with each change in the Applicable Margin. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereofhereof (and will change during any such Interest Period simultaneously with each change in the Applicable Margin). No Interest Period may end after the latest Facility Termination Date.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Aristotle Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.9 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Revolving Credit Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Revolving Credit Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Revolving Credit Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Navigators Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Covansys Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Eurodollar Interest Period applicable thereto to (but not including) the last day of such Eurodollar Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Eurodollar Interest Period with respect to any Revolving Loan may end after the latest Facility Revolving Loan Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Unifab International Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s Borrowers' selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section SECTION 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section SECTION 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections SECTIONS 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Ch Energy Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Revolving Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at a rate per annum equal to the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Maturity Date.

Appears in 1 contract

Samples: Assignment Agreement (General Dynamics Corp)

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Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall ----------------------------- bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Qad Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Cardinal Health Inc)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance ------------------------------ shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.92.8, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 2.8 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.7 and 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Depuy Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Johnson Outdoors Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.10 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such dayday plus, if applicable, the Applicable Margin. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 Section 2.9 and 2.9 Section 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Cooper Cameron Corp)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an a Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an a Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Dexter Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent Bank as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Hurco Companies Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount balance thereof, for each day from and including the date of such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable BorrowerBorrower Representative’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (Clayton Williams Energy Inc /De)

Changes in Interest Rate, etc. Each Alternate Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an a Alternate Base Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Dexter Corp)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section SECTION 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section SECTION 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections SECTIONS 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (White Mountains Insurance Group LTD)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.92.10, to but excluding the date it is paid or is converted into a Eurocurrency Advance pursuant to Section 2.9 2.10 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent Lender as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 2.9 and 2.9 2.10 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Johnson Outdoors Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Floating Rate Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s Borrowers' selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear ----------------------------- interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is automatically converted from a Eurocurrency Eurodollar Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a Eurocurrency Eurodollar Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Eurodollar Rate determined by the Administrative Agent as applicable to such Eurocurrency Eurodollar Advance based upon the applicable Borrower’s 's selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.

Appears in 1 contract

Samples: Assignment Agreement (DPL Inc)

Changes in Interest Rate, etc. Each Alternate Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a Eurocurrency Advance into an Alternate Base a Floating Rate Advance pursuant to Section 2.9, 2.9 to but excluding the date it is paid becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.9 hereof, at a rate per annum equal to the Alternate Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as an Alternate Base a Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) ), the last day of such Interest Period at the Eurocurrency Rate interest rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s 's selections under Sections Section 2.8 and 2.9 and otherwise in accordance with the terms hereof. No Interest Period may end after the latest Facility Termination Date.. 1.16 1.17

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

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