LIBOR Rate Loan. During such periods as the Term Loan shall be comprised of LIBOR Rate Loans, each such LIBOR Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on the Term Loan shall be payable in arrears on each Interest Payment Date.
LIBOR Rate Loan. For a Libor Rate Loan, a rate per annum equal at all times during each Libor Rate Period of such Revolving Credit Loan to the sum of the Libor Rate for such Libor Rate Period plus the Applicable Margin. All accrued and unpaid interest on the Revolving Credit Loans will be payable in arrears on each Quarterly Date, regardless of interest rate, and shall be calculated based on a 360 day year. The Agent shall be entitled to charge the applicable Borrower's account with the applicable interest rate(s) until all such Obligations have been paid in full. The interest rate on Chase Manhattan Bank Rate Loans shall change when the Chase Manhattan Bank Rate changes. Interest on the Chase Manhattan Bank Rate Loans and the Libor Rate Loans shall not exceed the maximum amount permitted under applicable Law. Upon the occurrence of an Event of Default interest will accrue at the Default Rate of Interest as provided in Section 12.02. Agent shall determine each interest rate applicable to the Revolving Credit Loans hereunder. Agent shall give prompt notice to the applicable Borrower and each Lender of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error.
LIBOR Rate Loan. Any portion of the Loans bearing interest determined with reference to LIBOR.
LIBOR Rate Loan. Any Revolving Credit Loan which bears interest that is calculated by reference to the LIBOR Rate.
LIBOR Rate Loan. LIBOR Rate Loan shall mean the total Advances accruing interest based on the LIBOR Rate Option set forth in Section 2.01(c)(ii) hereof. LIBOR Rate Option. LIBOR Rate Option has the meaning given such term in Section 2.01(c)(ii) hereof.
LIBOR Rate Loan. For a Libor Rate Loan, a rate per annum equal at all times during each Libor Rate Period of such Revolving Credit Loan to the sum of the Libor Rate for such Libor Rate Period plus the Applicable Margin. All accrued and unpaid interest on the Revolving Credit Loans (including accrued and unpaid interest under the September 1999 Agreement as of the Closing Date) will be payable in arrears on each Quarterly Payment Date, regardless of interest rate, and shall be calculated based on a 360 day year. The Agent shall be entitled to charge the applicable Borrower’s account with the applicable interest rate(s) until all such Obligations have been paid in full. The interest rate on Chase Manhattan Bank Rate Loans shall change when the Chase Manhattan Bank Rate changes. Interest on the Chase Manhattan Bank Rate Loans and the Libor Rate Loans shall not exceed the maximum amount permitted under applicable Law. Upon the occurrence of an Event of Default interest will accrue at the Default Rate of Interest as provided in Section 12.02. Agent shall determine each interest rate applicable to the Revolving Credit Loans hereunder. Agent shall give prompt notice to the applicable Borrower and each Lender of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error.
LIBOR Rate Loan. The Administrative Agent shall promptly notify the affected Lenders of such Notice of Conversion/Continuation.
LIBOR Rate Loan. The defined term “LIBOR Rate Loan” is hereby deleted in its entirety.
LIBOR Rate Loan. The determination by the Administrative Agent of any applicable LIBOR Reserve Percentage shall be conclusive in the absence of manifest error.
LIBOR Rate Loan. 14 Licenses........................................................ 14 Lien............................................................ 14
