Fixed Rate. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Fixed Rate, subject to the following requirements:
Appears in 12 contracts
Sources: Business Loan Agreement (American Eco Corp), Business Loan Agreement (Ventana Medical Systems Inc), Automobile Flooring and Security Agreement (United Auto Group Inc)
Fixed Rate. The Borrower Borrowers may elect to have all or portions of the principal balance of the line of credit bear interest at the Fixed Rate, subject to the following requirements:
Appears in 2 contracts
Sources: Business Loan Agreement (Sunquest Information Systems Inc), Business Loan Agreement (Jda Software Group Inc)
Fixed Rate. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Fixed Rate, subject to the following requirements:: (a) The "Fixed Rate" means the fixed interest rate the Bank and the Borrower agree will apply to the portion during the applicable interest period.
Appears in 1 contract
Sources: Business Loan Agreement (California Water Service Co)
Fixed Rate. The Borrower may elect to have all or portions of the principal balance of the line of credit Note bear interest at the Fixed Rate, subject to the following requirements:
Appears in 1 contract
Sources: Master Note (U S Laboratories Inc)