Common use of Prime Rate Advances Clause in Contracts

Prime Rate Advances. If such Advance is a Prime Rate Advance, a rate ------------------- per annum (computed on the actual number of days elapsed, including the first day and excluding the last, based on a 365 day year) equal at all times to the lesser of (i) the Adjusted Prime Rate in effect from time to time plus the ---- Applicable Margin and (ii) the Maximum Rate, payable in arrears on the last Business Day of each calendar month and on the date such Prime Rate Advance shall be paid in full, provided that during the continuance of an Event of -------- Default, Prime Rate Advances shall bear interest at a rate per annum equal at all times to the lesser of (i) the rate required to be paid on such Advance immediately prior to the date on which such amount becomes due plus three ---- percent (3%) and (ii) the Maximum Rate.

Prime Rate Advances. If such Advance is a Prime Rate Advance, a rate per ------------------- per annum (computed on the actual number of days elapsed, including the first day and excluding the last, based on a 365 day year) equal at all times to the lesser of (i) the Adjusted Prime Rate in effect from time to time plus the ---- Applicable Margin and (ii) the Maximum Rate, payable in arrears on the last Business Day of each calendar month and on the date such Prime Rate Advance shall be paid in full, provided that during the continuance of an Event of -------- Default, Prime Rate Advances shall bear interest at a rate per annum equal at all times to the lesser of (i) the rate required to be paid on such Advance immediately prior to the date on which such amount becomes due plus three ---- percent (3%) and (ii) the Maximum Rate.

Prime Rate Advances. If such Advance is a Prime Rate Advance, a rate ------------------- per annum (computed on the actual number of days elapsed, including the first day and excluding the last, based on a 365 day year) equal at all times to the lesser of (i) the Adjusted Prime Rate in effect from time to time plus the ---- Applicable Margin and (ii) the Maximum Rate, payable in arrears ---- on the last Business Day of each calendar month and on the date such Prime Rate Advance shall be paid in full, provided that during the continuance of an Event -------- of -------- Default, Prime Rate Advances shall bear interest at a rate per annum equal at all times to the lesser of (i) the rate required to be paid on such Advance immediately prior to the date on which such amount becomes due plus three ---- percent (3%) and (ii) the Maximum Rate.