Common use of LIBOR Market Index Rate Loans Clause in Contracts

LIBOR Market Index Rate Loans. During such periods as Revolving Loans shall be comprised of LIBOR Market Index Rate Loans, each such LIBOR Market Index Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Market Index Rate plus the Applicable Margin; and

Appears in 4 contracts

Samples: Credit Agreement (Itron Inc /Wa/), Credit Agreement (Itron Inc /Wa/), Credit Agreement (Ruddick Corp)

AutoNDA by SimpleDocs

LIBOR Market Index Rate Loans. During such periods as Revolving Loans shall be comprised of LIBOR Market Index Rate Loans, each such LIBOR Market Index Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Market Index Rate plus the Applicable Margin; and

Appears in 2 contracts

Samples: Credit Agreement (Ruddick Corp), Credit Agreement (Ruddick Corp)

LIBOR Market Index Rate Loans. During such periods as Revolving the Term Loans shall be comprised of LIBOR Market Index Rate Loans, each such LIBOR Market Index Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Market Index Rate plus the Applicable Margin; and. Interest on the Term Loans shall be payable in arrears on each Interest Payment Date.

Appears in 2 contracts

Samples: Credit Agreement (Itron Inc /Wa/), Credit Agreement (Itron Inc /Wa/)

AutoNDA by SimpleDocs

LIBOR Market Index Rate Loans. During such periods as any Revolving Loans shall be comprised of LIBOR Market Index Rate Loans, each such LIBOR Market Index Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Market Index Rate plus the Applicable Margin; and

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.