Common use of Eurodollar Rate Advances Clause in Contracts

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance PLUS (y) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 3 contracts

Samples: Credit Agreement (Polyvision Corp), Credit Agreement (Moran Transportation Co), Credit Agreement (Mosler Inc)

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Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full, SUBJECT, HOWEVER, to the provisions of subsection (b) of this Section 2.07.

Appears in 3 contracts

Samples: Credit Agreement (Accuride Corp), Credit Agreement (Accuride Corp), Credit Agreement (Accuride Corp)

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full, subject, however, to the provisions of subsection (b) of this Section 2.07.

Appears in 2 contracts

Samples: Credit Agreement (Accuride Corp), Credit Agreement (Accuride Corp)

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (y) the Applicable Margin for such Advance in effect on from time to time plus (z) the first day of such Interest PeriodApplicable Utilization Fee, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 2 contracts

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

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Ipc Information Systems Inc), Credit Agreement (Ipc Communications Inc /De/)

Eurodollar Rate Advances. During such periods as such ------------------------ Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Advance for such Interest Period for such Advance PLUS and (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Fox Television Stations Inc /De/), Credit Agreement (Fox Television Stations Inc /De/)

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full, subject, however, to the provisions of subsection (b) of this Section 2.04.

Appears in 1 contract

Samples: Credit Agreement (Accuride Corp)

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (y) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full. Notwithstanding the foregoing, if, the sum of (x) and (y) for such Interest Period shall equal a rate per annum less than 5.50%, then the rate per annum for such Eurodollar Rate Advance for such Interest Period shall be the rate of 5.50%."

Appears in 1 contract

Samples: Credit Agreement (Private Business Inc)

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Eurodollar Rate Advances. During such periods as such -------------------------- Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (y) the Applicable Margin for such ---- Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Unidigital Inc)

Eurodollar Rate Advances. During such periods as such Advance is ------------------------ a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (yB) the Applicable Margin for such Advance in ---- effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Ipc Information Systems Inc)

Eurodollar Rate Advances. During such periods as such Advance is ------------------------ a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Advance for such Interest Period for such Advance PLUS and (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Fox Kids Worldwide Inc)

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (yB) the Applicable Margin for such Advance in effect from time to time, in each case payable in arrears (x) on the first day last Business Day of such Interest Period, payable in arrears on the last day of such Interest Period and, (y) if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and (z) on the date such Eurodollar Rate Advance shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Td Ameritrade Holding Corp)

Eurodollar Rate Advances. During such periods as such Advance is a ------------------------ Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (xA) the Eurodollar Rate for such Interest Period for such Advance PLUS plus (yB) the Applicable Margin for such Advance in effect on the first day of such Interest Periodfrom ---- time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full; provided, however, that, except as otherwise provided in Section 2.07(b), in no -------- ------- event shall the rate of interest payable on any Advance exceed 17% per annum at any time.

Appears in 1 contract

Samples: Credit Agreement (PHP Healthcare Corp)

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