Common use of Stated Interest Clause in Contracts

Stated Interest. Subject to the provisions of Section 2.08(b): (i) each U.S. Revolving Credit Loan that is a Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to either the Adjusted Eurodollar Rate, the EURIBO Rate or the TIBOR Rate, as applicable, for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans, EURIBO Rate Loans or TIBOR Rate Loans, as applicable; (ii) each Canadian Revolving Credit Loan that is a Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Rate for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans; (iii) each Canadian Revolving Credit Loan that is a CDOR Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the CDOR Rate for such Interest Period plus the Applicable Rate for such CDOR Rate Loans; (iv) each U.S. Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (v) each Canadian Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (vi) each Canadian Revolving Credit Loan that is a Canadian Prime Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Canadian Prime Rate plus the Applicable Rate for such Canadian Prime Rate Loan, (vii) each S▇▇▇▇ Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the S▇▇▇▇ Rate for such Interest Period plus the Applicable Rate; and (viii) each Swing Line Loan and Protective Advance shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Base Rate Loans and Protective Advances.

Stated Interest. Subject to the provisions of Section 2.08(b): (i) each U.S. Revolving Credit Credit(a) Loan that is a Eurodollar Rate EurodollarRFR Loan (other than ▇▇▇▇▇ ▇▇▇▇ LoanLoans) shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to either the Adjusted Eurodollar Rate, the EURIBO Rate or the TIBOR Rate▇▇▇▇▇ ▇▇▇▇, as applicable, for such Interest Period plus the Applicable Rate for such Eurodollar Rate Loans, EURIBO Rate Loans or TIBOR Rate ▇▇▇▇▇ ▇▇▇▇ Loans, as applicableapplicableRFR Loans; (ii) each Canadian Revolving Credit Loan that is a Eurodollar RateRFR Loan (other than ▇▇▇▇▇ Rate Loan Loans) shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to Adjusted Eurodollar Ratethe EURIBO Rate or the ▇▇▇▇▇ ▇▇▇▇, as applicable, for such Interest Period plus the Applicable Rate for such Eurodollar Rate RateRFR Loans; (iii) each Canadian Revolving Credit Loan that is a CDOR Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the CDOR Rate for such Interest Period plus the Applicable Rate for such CDOR Rate Loans; (iv) each U.S. Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (v) each Canadian Revolving Credit Loan that is a Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Base Rate Loan; (vi) each Canadian Revolving Credit Loan that is a Canadian Prime Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing or conversion date at a rate per annum equal to the Canadian Prime Rate plus the Applicable Rate for such Canadian Prime Rate Loan, (vii) each S▇▇▇▇ Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the S▇▇▇▇ Rate for such Interest Period plus the Applicable Rate; and (viii) each Swing Line Loan and Protective Advance shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Base Rate Loans and Protective Advances.-116- CG&R Draft Current date: 03/02/2023 10:05 AM 63515514v23CG&R Draft Current date: 03/01/2023 4:17 PM 70014411v6