General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
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Samples: Loan and Security Agreement (Acme United Corp), Loan and Security Agreement (Acme United Corp)
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding Borrower maintain at any time LIBOR Advances having more than three LIBOR Rate Advances at any time(3) different Interest Period. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
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General Provisions Relating to the Advances. Each Advance shall, at BorrowerParent’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, provided that in no event shall there be outstanding Borrowers maintain at any time LIBOR Advances having more than three LIBOR Rate Advances at any timefive (5) different Interest Periods. Borrower Borrowers shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.32.3(b).
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Samples: Loan and Security Agreement (Internet Brands, Inc.)
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.32.2.3.
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General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding Borrower maintain at any time LIBOR Advances having more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.two (2)
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Samples: Loan and Security Agreement (Concurrent Computer Corp/De)
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s Borrowers’ option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR Rate Advances at any time. Borrower Borrowers shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.32.3(a).
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Samples: Loan and Security Agreement (Covad Communications Group Inc)
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Rate Advance or a LIBOR LIBORSOFR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR LIBORSOFR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
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General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding Borrower maintain at any time LIBOR Advances having more than three LIBOR Rate Advances at any timeone (1) different Interest Period. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
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General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.32.5.
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Samples: Loan and Security Agreement (Ista Pharmaceuticals Inc)
General Provisions Relating to the Advances. Each Advance shallshall be in Dollars and, at Borrower’s option in accordance with the terms of this Agreement, shall be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three Borrower maintain at any time LIBOR Rate Advances at any timehaving more than two different Interest Periods. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.32.3(b).”
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General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Prime Rate Advance or a LIBOR Rate Advance; provided, provided that in no event shall there be outstanding Borrower maintain at any time LIBOR Advances having more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.ten (10)
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