Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. In the event any index is discontinued, Bank shall substitute an index determined by Bank to be comparable, in its sole discretion.
Appears in 6 contracts
Samples: Loan Agreement (National Instruments Corp /De/), Credit Agreement (Brite Voice Systems Inc), Credit Agreement (Crescent Operating Inc)
Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. In the event any index is discontinued, Bank Lender shall substitute an index determined by Bank Lender to be comparable, in its sole discretion.
Appears in 3 contracts
Samples: Loan Agreement (Cpac Inc), Loan Agreement (Cpac Inc), Loan Agreement (Cpac Inc)
Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. If the Rate is to change on any other date or at any other interval, the change shall be the 4th day of each month. In the event any index is discontinued, Bank shall substitute an index determined by Bank to be comparable, in its sole discretion.
Appears in 2 contracts
Samples: Loan Agreement (Coast Dental Services Inc), Loan Agreement (Coast Dental Services Inc)
Rate Change Date. Any Rate based on a fluctuating index or of base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. In the event any index is discontinued, Bank shall substitute an index determined by Bank to be comparable, in at its sole discretion.
Appears in 1 contract
Samples: Powercerv Corp
Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. If the Rate is to change on any other date or at any other interval, the change shall be: ------------------------------------------- -------------------------------------------------------------------------------. In the event any index is discontinued, Bank shall substitute an index determined by Bank to be comparable, in its sole discretion.
Appears in 1 contract
Samples: Loan Agreement (Powercerv Corp)
Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. If the Rate is to change on any other date or at any other interval, the change shall be: N/A. In the event any index is --- discontinued, Bank shall substitute an index determined by Bank to be comparable, in its sole discretion.,
Appears in 1 contract
Rate Change Date. Any Rate based on a fluctuating index or base rate will change, unless otherwise provided, each time and as of the date that the index or base rate changes. In the event any index is discontinued, Bank shall substitute an index determined by Bank to be comparable, in at its sole discretion.
Appears in 1 contract
