Common use of Interest Rate Generally Clause in Contracts

Interest Rate Generally. All ABR Loans shall bear interest at a rate per annum equal to the Alternate Base Rate as in effect from time to time plus the Applicable Margin. All SOFR Loans shall bear interest at a rate per annum equal to Term SOFR for the Interest Period in effect for such Loans plus the Applicable Margin.

Appears in 4 contracts

Samples: Credit Agreement (Mynaric AG), Credit Agreement (Ooma Inc), Credit Agreement (Mynaric AG)

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Interest Rate Generally. All ABR Loans shall bear interest at a rate per annum equal to the Alternate Base Rate as in effect from time to time plus the Applicable Margin. All SOFR BSBY Loans shall bear interest at a rate per annum equal to Term SOFR BSBY Rate for the Interest Period in effect for such Loans plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (J&j Snack Foods Corp)

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Interest Rate Generally. All ABR Loans (other than Swingline Loans, which shall bear interest in accordance with the second following sentence) shall bear interest at a rate per annum equal to the Alternate Base Rate as in effect from time to time plus the Applicable Margin. All SOFR Loans shall bear interest at a rate per annum equal to Term SOFR for the Interest Period in effect for such Loans plus the Applicable Margin. Each Swingline Loan shall bear interest at a rate per annum equal to the Daily SOFR Rate as in effect from time to time plus the Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Mimedx Group, Inc.)

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