Common use of Letter of Credit Fees, Interest Rate Clause in Contracts

Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 [Letter of Credit Fees] or Section 3.1 [Interest Rate Options], respectively, shall bear interest at a rate per annum equal to the sum of the interest applicable under the Revolving Base Rate Option plus an additional 2.0% per annum; and

Appears in 2 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P)

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Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 [Letter of Credit Fees] or Section 3.1 4.1 [Interest Rate Options], respectively, shall bear interest at a rate per annum equal to the sum of the interest applicable under the Revolving Credit Base Rate Option plus an additional 2.0% per annum; and

Appears in 2 contracts

Samples: Credit Agreement (Rhino Resource Partners, L.P.), Credit Agreement (Rhino Resource Partners LP)

Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 [Letter of Credit Fees] or Section 3.1 [Interest Rate Options], respectively, shall bear interest at a rate per annum equal to the sum of the interest applicable under the Revolving Base Rate Option plus an additional 2.0% per annum; and

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 2.9(b) [Letter of Credit Fees] or Section 3.1 4.1 [Interest Rate Options], respectively, shall bear interest at a rate per annum equal to the sum of the interest applicable otherwise payable under the Revolving Alternative Base Rate Option plus an additional 2.0% per annum; and;

Appears in 1 contract

Samples: Credit Agreement (Superior Well Services, INC)

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Letter of Credit Fees, Interest Rate. The the Letter of Credit Fees and the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 [Letter of Credit Fees] or Section 3.1 4.1 [Interest Rate Options], respectively, shall bear interest at a rate per annum equal to the sum of the interest applicable under the Revolving Base Rate Option plus an additional 2.0% per annum; and

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

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