Common use of Fixed LIBOR Rate Loans Clause in Contracts

Fixed LIBOR Rate Loans. During such periods as the Loans shall be comprised in whole or in part of Fixed LIBOR Rate Loans, such Fixed LIBOR Rate Loans shall bear interest at a per annum rate equal to the Adjusted Fixed LIBOR Rate. Interest at the Fixed LIBOR Rate shall be computed from and including the first day of the applicable Interest Period to, but excluding, the last day thereof.

Appears in 2 contracts

Samples: Credit Agreement (Inland Real Estate Corp), Credit Agreement (Inland Real Estate Corp)

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Fixed LIBOR Rate Loans. During such periods as the Revolving Loans shall be comprised in whole or in part of Fixed LIBOR Rate Loans, each such Fixed LIBOR Rate Loans Loan shall bear interest at a per annum rate equal to the Adjusted Fixed LIBOR Rate. Interest at sum of the Fixed LIBOR Rate shall be computed from and including plus the first day of the applicable Interest Period to, but excluding, the last day thereofApplicable Percentage.

Appears in 1 contract

Samples: Credit Agreement (Sunair Electronics Inc)

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Fixed LIBOR Rate Loans. During such periods as the Loans shall be ---------------------- comprised in whole or in part of Fixed LIBOR Rate Loans, such Fixed LIBOR Rate Loans shall bear interest at a per annum rate equal to the Adjusted Fixed LIBOR Rate. Interest at the Fixed LIBOR Rate shall be computed from and including plus the first day of the applicable Interest Period to, but excluding, the last day thereof.LIBOR Margin; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Wells Real Estate Investment Trust Inc)

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