Common use of Interest on Revolving Credit Loans Clause in Contracts

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Loan.

Appears in 12 contracts

Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)

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Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.52.6) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 4 contracts

Samples: Revolving Credit Note (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Revolving Credit Note (Casual Male Retail Group Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Eurodollar Loan.

Appears in 3 contracts

Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Odd Job Stores Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.52-5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 2 contracts

Samples: Loan and Security Agreement (Gadzooks Inc), Claires Stores Inc

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.52-5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Eurodollar Loan.

Appears in 2 contracts

Samples: Loan and Security Agreement (Officemax Inc /Oh/), Officemax Inc /Oh/

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall be a Base Margin Loan and shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.52-5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Prime Margin Rate applicable to Revolving Credit Loans, unless timely notice is given (as provided in Section 2.52.6) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 2 contracts

Samples: Loan and Security Agreement (Redenvelope Inc), Loan and Security Agreement (Bluefly Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.52:2-5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Bakers Footwear Group Inc)

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Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Hastings Entertainment Inc)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Prime Rate unless timely notice is given (as provided in Section 2.52.8) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (dELiAs, Inc.)

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Prime Rate unless timely notice is given (as provided in Section 2.52.7) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Loan.

Appears in 1 contract

Samples: Alloy Inc

Interest on Revolving Credit Loans. (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Libor Loan.

Appears in 1 contract

Samples: Loan and Security Agreement (Bakers Footwear Group Inc)

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