Common use of OFFSHORE RATE Clause in Contracts

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 2.00 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 2.0 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower Borrowers may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 1.75 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 1.75 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 one and seven-eighths (1.875) percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 0.20 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 1.25 percentage points. Designation of an Offshore Rate portion is subject to the following requirements:

OFFSHORE RATE. The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Offshore Rate plus 2.25 nine-tenths (.90) of a percentage pointspoint. Designation of an Offshore Rate portion is subject to the following requirements: