Common use of Reference Rate Clause in Contracts

Reference Rate. The unpaid principal amount of each Reference Rate Loan shall bear interest at a rate per annum which shall from day to day be equal to the Reference Rate in effect from day to day plus the Reference Rate Applicable Margin.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund), Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund)

Reference Rate. The unpaid principal amount of each Reference Rate Loan shall bear interest at a rate per annum which shall from day to day be equal to the Reference Rate in effect from day to day plus for the Reference Rate Applicable Marginapplicable Interest Period.

Appears in 1 contract

Sources: Revolving Credit Agreement (Stonepeak-Plus Infrastructure Fund LP)

Reference Rate. The unpaid principal amount of each Reference Rate Loan shall bear interest at a rate per annum which shall from day to day be equal to the Reference Rate plus the Applicable Margin in effect from day to day plus for the Reference Rate Applicable Marginapplicable Interest Period.

Appears in 1 contract

Sources: Revolving Credit Agreement (Brightwood Capital Corp I)