Common use of Commercial Letters of Credit Clause in Contracts

Commercial Letters of Credit. At a per annum rate equal to the then Applicable Margin for LIBO Loans minus 0.50%.

Appears in 7 contracts

Samples: Credit Agreement (Wet Seal Inc), Credit Agreement (Stage Stores Inc), Credit Agreement (Dri I Inc)

AutoNDA by SimpleDocs

Commercial Letters of Credit. At a per annum rate equal to fifty percent (50%) of the then Applicable Margin for LIBO Loans minus 0.50%.Loans; and

Appears in 4 contracts

Samples: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Pier 1 Imports Inc/De)

Commercial Letters of Credit. At a per annum rate equal to fifty percent (50%) of the then Applicable Margin for LIBO Loans minus 0.50%Loans.

Appears in 3 contracts

Samples: Credit Agreement (Music123, Inc.), Credit Agreement (Longs Drug Stores Corp), Credit Agreement (Music123, Inc.)

AutoNDA by SimpleDocs

Commercial Letters of Credit. At a per annum rate equal to one half of the then Applicable Margin for LIBO Loans minus 0.50%Loans.

Appears in 2 contracts

Samples: Credit Agreement (Trans World Entertainment Corp), Credit Agreement (Marsh Supermarkets Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.