Common use of Domestic Rate Portion Clause in Contracts

Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30, 1996) and at maturity of the applicable Note, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 3 contracts

Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)

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Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Domestic Rate Margin to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each the Domestic Rate Portion Portions shall be payable quarterly in arrears quarter-annually on the last day of each March, June, September September, December and December March in each year (commencing September June 30, 1996) and at maturity of the applicable NoteNotes, and interest after maturity (whether by lapse of time, time acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 2 contracts

Samples: Hewitt Associates Inc, Hewitt Associates Inc

Domestic Rate Portion. Each The Domestic Rate Portion shall bear interest at the rate per annum determined equal to the Domestic Rate as in effect from time to time, provided that if a the Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each the Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September September, and December in each year (commencing September 30, 1996) and at maturity of the applicable Note, Note and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions Portion resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: Credit Agreement (Bancfirst Corp /Ok/)

Domestic Rate Portion. Each The Domestic Rate Portion shall bear interest at the rate per annum determined equal to the Domestic Rate as in effect from time to time, provided that if a the Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto Domestic Rate as from time to timetime in effect. Interest on each the Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30, 19961997) and at maturity of the applicable NoteRevolving Credit Notes, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions Portion resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: Hub Group Inc

Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Margin to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30, 19961998) and at maturity of the applicable NoteNotes, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.. (c)

Appears in 1 contract

Samples: Short Term Credit Agreement (Anicom Inc)

Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding 1/4 of 1% to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2-1/4% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30, 1996) and at maturity of the applicable NoteNotes, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: Credit Agreement (Harrington West Financial Group Inc/Ca)

Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Margin to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30December 31, 19961998) and at maturity of the applicable NoteNotes, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.. (c)

Appears in 1 contract

Samples: Long Term Multicurrency Credit Agreement (Anicom Inc)

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Domestic Rate Portion. Each Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Margin to the Domestic Rate as in effect from time to time, provided that if a Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each Domestic Rate Portion shall be payable quarterly in arrears on the last day of each March, June, September and December in each year (commencing September 30December 31, 19961999) and at maturity of the applicable NoteRevolving Notes, and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Anicom Inc)

Domestic Rate Portion. Each The Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Margin to the Domestic Rate as in effect from time to time, provided that if a the Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each the Domestic Rate Portion shall be payable quarterly in arrears quarter-annually on the last day of each March, June, September and December December, in each year (commencing September 30March 31, 19961999) and at maturity of the applicable Note, Revolving Credit Note and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions Portion resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: Guaranty Agreement (Oil Dri Corporation of America)

Domestic Rate Portion. Each The Domestic Rate Portion shall bear interest at the rate per annum determined equal by adding the Applicable Margin to the Domestic Rate as in effect from time to time, provided that if a the Domestic Rate Portion or any part thereof is not paid when due (whether by lapse of time, acceleration or otherwise) such Portion shall bear interest, whether before or after judgment, until payment in full of the amount then due thereof at the rate per annum determined by adding 2% to the interest rate which would otherwise be applicable thereto from time to time. Interest on each the Domestic Rate Portion shall be payable quarterly monthly in arrears on the last day first Business Day of each March, June, September and December month in each year (commencing September 301, 19961999) and at maturity of the applicable Note, Revolving Credit Note and interest after maturity (whether by lapse of time, acceleration or otherwise) shall be due and payable upon demand. Any change in the interest rate on the Domestic Rate Portions Portion resulting from a change in the Domestic Rate shall be effective on the date of the relevant change in the Domestic Rate.

Appears in 1 contract

Samples: QMS Inc

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