Common use of Eurodollar Advances Clause in Contracts

Eurodollar Advances. If such Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest Period, payable on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in full, and, in the case of Interest Periods of greater than three months, on the Business Day which occurs during such Interest Period three months from the first day of such Interest Period.

Appears in 4 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

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Eurodollar Advances. If such Revolving Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest PeriodPeriod for Eurodollar Advances, payable in arrears on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three monthsone month, on the each Business Day which occurs during such Interest Period three months at one month intervals from the first day of such Interest Period.

Appears in 3 contracts

Samples: Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (MxEnergy Holdings Inc)

Eurodollar Advances. If such Revolving Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest PeriodPeriod for Eurodollar Advances, payable in arrears on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the each Business Day which occurs during such Interest Period at three months month intervals from the first day of such Interest Period.

Appears in 3 contracts

Samples: Credit Agreement (Diamondback Energy Services, Inc.), Credit Agreement (Diamondback Energy Services, Inc.), Credit Agreement (Total Gas & Electricity (PA) Inc)

Eurodollar Advances. If such Revolving Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest PeriodAdvances, payable in arrears on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the each Business Day which occurs during such Interest Period at three months month intervals from the first day of such Interest Period.

Appears in 1 contract

Samples: Pledge Agreement (Seahawk Drilling, Inc.)

Eurodollar Advances. If such Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest Period3.50%, payable in arrears on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the Business Day which occurs during such Interest Period three months from the first day of such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Vantage Drilling CO)

Eurodollar Advances. If such Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest PeriodMargin, payable on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the Business Day which occurs during such Interest Period three months from the first day of such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Vantage Drilling CO)

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Eurodollar Advances. If such Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest Period4.50%, payable on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the Business Day which occurs during such Interest Period three months from the first day of such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Vantage Drilling CO)

Eurodollar Advances. If such Advance is a Eurodollar Advance, a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest Period, payable in arrears on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in fullPeriod, and, in the case of Interest Periods of greater than three months, on the each Business Day which occurs during such Interest Period at three months month intervals from the first day of such Interest Period; provided that the Eurodollar Rate for Advances for the period commencing on the date on which such Advance was first deemed to have been made through the end of the then current Deposit Period shall equal the Deposit Rate for such period.

Appears in 1 contract

Samples: Credit Agreement (Willbros Group Inc)

Eurodollar Advances. If Except as set forth in (c) below if such Advance is a Eurodollar Advance, a rate per annum equal at all times during the Interest Period for such Advance to the Eurodollar Rate for such Interest Period plus the Applicable Margin in respect of Eurodollar Advances in effect on each day of such Interest Period, payable on the last day of such Interest Period and on the date such Eurodollar Advance shall be paid in full, and, in the case if such Interest Period has a duration of Interest Periods of greater more than three months, on the Business Day each day which occurs during such Interest Period every three months from the first day of such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Quaker Fabric Corp /De/)

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