Common use of Prime Rate Advances Clause in Contracts

Prime Rate Advances. If and so long as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of the Prime Rate in effect from time to time plus the Applicable Margin, calculated on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable in full.

Prime Rate Advances. If and so long During such periods as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of (A) the Prime Rate in effect from time to time plus (B) the Applicable MarginMargin in effect from time to time, calculated payable in arrears (subject to the provisions of Section 2.11) on the daily principal amount outstanding under last Business Day of each March, June, September and December during such periods and on the date such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable shall be Converted or paid in full.

Prime Rate Advances. If and so long as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum lesser of (i) the Adjusted Prime Rate in effect from time to time plus the Applicable MarginMargin and (ii) the Maximum Rate, calculated payable on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such each Interest Period for all Prime Rate Advance becomes due and payable in fullAdvances.

Prime Rate Advances. If and so long as such Loan Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of the Prime Rate in effect from time to time plus the Applicable Margin, calculated on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth third Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable in full.

Prime Rate Advances. If and so long as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of the Prime Rate in effect from time to time plus the Applicable Margin, calculated on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth third Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable in full.

Prime Rate Advances. If and so long as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of the Prime Rate in effect from time to time plus the Applicable Margin, calculated on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Canadian Dollars in arrears: (ai) monthly on the fifth last Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (bii) when such Prime Rate Advance becomes due and payable in fullfull or is the subject of a Conversion.

Prime Rate Advances. If and so long During such periods as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of (x) the Prime Rate in effect from time to time plus (y) the Applicable MarginMargin for such Advance in effect from time to time, calculated payable in arrears monthly on the daily principal amount outstanding under last day of each month during such periods and on the date such Prime Rate Advance shall be Converted or paid in full. Notwithstanding the foregoing, if, at any time hereunder, the sum of (x) and payable in Cdn. Dollars in arrears: (ay) monthly on shall equal a rate per annum less than 5.50%, then the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when rate per annum for such Prime Rate Rate. Advance becomes due shall be the rate of 5.50% until such time as the sum of (x) and payable in full(y) shall exceed 5.50%.

Prime Rate Advances. If and so long During such periods as such Advance is made in Dollars and is a Prime Rate Advance, at a rate per annum equal at all times to the sum of (x) the Prime Rate in effect from time to time plus (y) the Applicable MarginMargin for Prime Rate Advances in effect from time to time, calculated payable in the case of any Prime Rate Advance (other than a Swingline Advance), in arrears monthly on the daily principal amount outstanding under 1st calendar day subsequent to the last day of each month during such periods and on the date such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable shall be Converted or paid in full.

Prime Rate Advances. If and so long During such periods as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of (x) the Prime Rate in effect from time to time plus (y) the Applicable MarginMargin for such Advance in effect from time to time, calculated payable in arrears quarterly on the daily principal amount outstanding under last day of each March, June, September and December, commencing March 31, 1999, during such periods and on the date such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable shall be Converted or paid in full.

Prime Rate Advances. If and so long as such Advance is a Prime Rate Advance, at a rate per annum equal at all times to the sum of the Prime Rate in effect from time to time plus the Applicable Margin, calculated on the daily principal amount outstanding under such Prime Rate Advance and payable in Cdn. Dollars in arrears: (a) monthly on the fifth last Business Day of each month with respect to the previous calendar month (calculated as at the last day of such previous calendar month); and (b) when such Prime Rate Advance becomes due and payable in fullfull or is the subject of a Conversion.