Common use of LIBOR Rate Loans Clause in Contracts

LIBOR Rate Loans. During such periods as U.S. Revolving Loans shall be comprised in whole or in part of LIBOR Rate Loans, such LIBOR Rate Loans shall bear interest at a per annum rate equal to the LIBOR Rate plus the Applicable Percentage. Interest on U.S. Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 5 contracts

Samples: Credit Agreement (Rock-Tenn CO), Security Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

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LIBOR Rate Loans. During such periods as U.S. Revolving Loans shall be comprised in whole or in part of LIBOR Rate Loans, each such LIBOR Rate Loans Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on U.S. Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 3 contracts

Samples: Credit Agreement (Ims Health Inc), Credit Agreement (Ims Health Inc), Credit Agreement (Racing Champions Corp)

LIBOR Rate Loans. During such periods as U.S. US Revolving Loans shall be comprised in whole or in part of LIBOR Rate Loans, such LIBOR Rate Loans shall bear interest at a per annum rate equal to the LIBOR Rate plus the Applicable Percentage. Interest on U.S. US Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein).

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

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LIBOR Rate Loans. During such periods as U.S. Revolving Loans shall be comprised in whole or in part of LIBOR Rate Loans, each such LIBOR Rate Loans Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable PercentageMargin. Interest on U.S. Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein)Date.

Appears in 1 contract

Samples: Credit Agreement (VOXX International Corp)

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