Method of Electing Interest Rates. The Revolving Credit Loans made to the Borrowers shall bear interest at either the Chase Manhattan Bank Rate or the Libor Rate. Thereafter, the applicable Borrower may from time to time elect to change or continue the Type borne by each Revolving Credit Loan, as follows:
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Samples: Financing Agreement (Fibermark Inc), Financing Agreement (Fibermark Inc), Financing Agreement (Fibermark Inc)
Method of Electing Interest Rates. The Revolving Credit Loans made to the Borrowers Borrower shall bear interest at either the Chase Manhattan Bank Rate or the Libor Rate. Thereafter, the applicable Borrower may from time to time elect to change or continue the Type borne by each Revolving Credit Loan, as follows:
Appears in 1 contract
