Interest Rates Payments and Calculations. (a) Interest Rate. -------------
Interest Rates Payments and Calculations. (a) Interest Rates Except as set forth in Section 2.2(b), the Advances shall bear interest, on the outstanding daily balance thereof, at the rates specified in Section 2.1.1.
Interest Rates Payments and Calculations. (a) Interest Rate for Term Loan Advances. Except as set forth in Section 2.3(b), the Term Loan Advances shall bear interest, on the outstanding Daily Balance thereof, at a rate equal to the greater of (i) one half of one percentage point (0.50%) above the Prime Rate or (ii) six percentage points (6.00%).
Interest Rates Payments and Calculations. (a) Interest Rate. Except as set forth in Section 2.3(b), any ------------- Advances shall bear interest, on the average daily balance thereof, at a per annum rate equal to the Prime Rate plus one-half percent (0.50%). (b)
Interest Rates Payments and Calculations. (a) Interest Rates Except as set forth in Section 2.2(b), the Equipment Advances shall bear interest, on the outstanding daily balance thereof, at a floating rate equal to the Prime Rate plus one-half percent (0.50%).
Interest Rates Payments and Calculations. The interest rate, payments and calculations are set forth in the Ex-Im Facility Documents.
Interest Rates Payments and Calculations. (a) Interest Rate on the Term Advance. Except as set forth in Section 2.2(b), the outstanding Term Advance shall bear interest on the outstanding Daily Balance thereof, at a floating rate to one and one half of one percent (1.50%) above the Prime Rate.
Interest Rates Payments and Calculations. Interest shall accrue on the Advances and shall be payable as set forth in the Prime References Rate Addendum to Loan and Security Agreement attached hereto and made a part hereof.
Interest Rates Payments and Calculations. Section 2.3(a) of the Loan and Security Agreement shall be amended to read:
Interest Rates Payments and Calculations. (a) INTEREST RATE Except as set forth in Section 2.2(b), prior to June 20, 1999 the Term Advances shall bear interest, on the average daily balance thereof, at a rate equal to one and one quarter of one percent (1.25%) above the Prime Rate. Term Advances outstanding after such date shall bear interest, at Borrower's option, either (i) at a floating rate equal to the Prime Rate plus one and one quarter of one percent (1.25%) or (ii) at a fixed rate equal to five (5) percentage points above the yield of the 48 month Treasury Xxxx as reported in the Western edition of THE WALL STREET JOURNAL, which rate shall be fixed at the time of Borrower's election. Borrower shall give written notice to Bank of its interest rate election two (2) Business Days prior to June 20, 1999. If Borrower fails to give such notice, then the applicable rate shall be at the floating rate equal to the Prime Rate plus one and one quarter of one percent (1.25%) described herein.