PER ANNUM Sample Clauses
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PER ANNUM. In the event of Executive's death or permanent and total disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended and in effect and interpreted as of the date of this Agreement) at any time within the 24-month period immediately following a Change in Control and prior to any termination of Executive's employment, Executive or Executive's Successors shall be entitled to all of the benefits of Executive provided under this Agreement as if Executive had voluntarily terminated his employment with Sensormatic (but without giving effect to Section 4 hereof or to the loss of benefits upon voluntary termination under Section 6(e)(i) hereof), including, without limitation, those set forth in Section 6(c) hereof.
PER ANNUM. Letter Ratio of Credit Fee ----- ---------------- Less than 1.50:1 0.45% 1.50:1 or greater and less than 2.00:1 0.60% 2.00:1 or greater and less than 2.50:1 0.80% 2.50:1 or greater 0.9250%
(i) upon the request of the Administrative Agent, at the direction of the Required Lenders, for any day during which an Event of Default shall occur and be continuing shall be 2.0% PER ANNUM, and (ii) for every day after the forty-fifth day of any calendar quarter of any calendar year during which the Revolving Borrower does not deliver a Compliance Certificate, effective until the day such certificate is delivered, shall be the highest rate set forth above.
PER ANNUM. [If applicable, insert -The sinking fund for this series provides for the redemption on ............................ in each year beginning with the year and ending with the year ....
PER ANNUM. If the Lender prefers to apply the interest rate to the amount owed once a year, then select the “Annum” checkbox from Statement (B).
PER ANNUM. Any deposits or other sums at any time credited by or due from the holder to any of the Borrowers, any endorser or guarantor hereof, may at all times be held and treated as collateral for the payment of this Note and any and all other liabilities (direct or indirect, absolute or contingent, sole, joint or several, secured or unsecured, due or to become due, now existing or hereafter arising) of any such maker to the holder. The holder may apply or set-off such deposits or other sums against such liabilities at any time in the case of any of the Borrowers but only with respect to matured liabilities in the case of endorsers and guarantors.
PER ANNUM. FIFTH: If the BORROWER becomes delinquent, the applicable variable interest rate will be that resulting from adding THREE (3) PERCENTAGE POINTS to the interest rate in force during the default period, calculated as indicated above. SIXTH: The BORROWER expressly and irrevocably authorizes the BANK to charge or debit any account or deposit it maintains with that Banking Institution or the BORROWER's account with COMMERCEBANK, N.A., identified as No. [ ], all matured amounts owed in relation to the granting of this INTEREST BEARING LOAN, extinguishing BORROWER's payment obligation for the amounts due up to the amount charged or debited by the BANK either from the BANK or from the COMMERCEBANK, N.A., without it being understood that these charges give rise to novation of its obligations. SEVENTH: The BORROWER may make special repayments of the principal due, and the total prepayment of the entire INTEREST BEARING LOAN referred to herein, only at the times when quarterly principal installments must be paid and provided it gives notice thereof to the BANK at least THIRTY (30) consecutive days in advance of the date on which such repayment or total prepayment referred to above is to be made. EIGHTH: The BANK may consider any and all of the obligations which have been assumed by the BORROWER by virtue of this document due and, therefore, payment in full shall be forthwith due and payable in any of the following events: 1) Failure to pay when due any <PAGE> 4 one (1) of the principal installments or any one (1) of the interest installments which BORROWER must pay provided that BORROWER and the GUARANTOR, identified below, is given notice of the failure to pay by the BANK and is allowed to have THREE (3) Business Days upon receipt of the notice to remedy the default by making payment of the amount due to the BANK; 2) If the BORROWER assigns or delegates the rights or obligations assumed under this agreement to any individual or legal entity; 3) If the BORROWER assigns or delegates to any individual or legal entity, except the assignment or delegation to an Affiliate ("Affiliate" means a subsidiary of ▇▇▇▇▇▇ Vinccler, C.A. or any other company in which Harvest Natural Resources Inc. holds at least 51% of the capital stock and administrative control of the company), the Unidad Monagas Sur Operating Services Agreement (for Uracoa, Bombal, Tucupita), entered into between Lagoven, S.A., a Subsidiary of Petroleos de Venezuela (currently PDVSA), ▇▇▇▇▇▇ Oil and Gas Company ...
PER ANNUM. For the purpose of this agreement, the European Interbank Market Interest Rate (EURIBOR) is understood to mean the European interest rate for one year deposits of an amount equal or similar to the capital pending repayment to Bank by Borrower, published on the REUTERS EURIBOR 01 SCREEN AT ELEVEN O'CLOCK IN THE MORNING (11:00 A.M.) MADRID TIME, as of the date on which each successive Interest Period commences. Such rate shall be expressed as a percentage of interest per annum. Any expenses, commissions and brokerage fees charged by the intermediaries that usually take part in this type of transaction, plus the Value Added Tax that may be levied on the intermediary's participation, shall also be added to the interest rate resulting from the aforementioned transaction, together with any tax, expense, commission or brokerage fee that may be directly or indirectly levied upon, caused or replaced by or added to the preceding ones.
PER ANNUM. To the extent interest payable on the Term Loans on any quarterly interest payment date is at a rate that exceeds 14% PER ANNUM, the Company shall have the option to pay such excess interest by capitalizing such interest as additional Term Loans. Notwithstanding the limitations set forth in this paragraph, interest will accrue on any overdue amount (whether interest or principal, including defaulted interest), to the extent lawful, at a rate PER ANNUM equal to 200 basis points over the then current interest rate, until such amount (plus all accrued and unpaid interest) is paid in full.
PER ANNUM. Letter Ratio of Credit Fee ----- ---------------- Less than 1.50:1 0.45%
PER ANNUM. Effective on the first business day of the first calendar quarter after the date of this Note, and on the first business day of each succeeding calendar quarter, the rate of interest on this note will increase or decrease to a rate which is equal to the GREATER of ten percent (10%) per annum or one percent (1.0%) above the prime rate, as published in The Wall Street Journal, in effect on that date. Interest, throughout the term of this note shall be calculated on then basis of actual days elapsed divided by 360.