Common use of Interest on Term Loans Clause in Contracts

Interest on Term Loans. (a) Subject to the provisions of Section 2.07, the Term Loans comprising each ABR Borrowing shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Percentage in effect from time to time.

Appears in 3 contracts

Samples: Term Loan Agreement (CDW Finance Corp), Intercreditor Agreement (CDW Corp), Guarantee and Collateral Agreement (CDW Finance Corp)

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Interest on Term Loans. (a) Subject to the provisions of Section 2.072.06(c), the Term Loans comprising each ABR Borrowing Term Borrowing, shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Percentage Margin in effect from time to time.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Department 56 Inc), Term Loan Credit Agreement (Lenox Group Inc)

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Interest on Term Loans. (a) Subject to the provisions of Section 2.072.06(c), the Term Loans comprising each ABR Borrowing shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Percentage Margin in effect from time to time.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Critical Homecare Solutions Holdings, Inc.)

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