Common use of Statutory Reserves Clause in Contracts

Statutory Reserves. Notwithstanding anything herein to the contrary, the Adjusted LIBO Rate shall not be less than 1.00% per annum at any time.

Appears in 3 contracts

Samples: Term Loan Agreement (ConvergeOne Holdings, Inc.), Term Loan Agreement (CDW Corp), Term Loan Agreement (Forum Merger Corp)

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Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the applicable Adjusted LIBO Rate shall not at no time be less than 1.00% per annum at any timeannum.

Appears in 2 contracts

Samples: Credit Agreement (Lindblad Expeditions Holdings, Inc.), Credit Agreement (Lindblad Expeditions Holdings, Inc.)

Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the Adjusted LIBO Rate Rate” shall be deemed to be not be less than 1.001.50% per annum at any timeannum.

Appears in 1 contract

Samples: Credit Agreement (ASC Holdco, Inc.)

Statutory Reserves. Notwithstanding anything herein to the contrary, the Adjusted LIBO Rate shall not be less than 1.000.75% per annum at any time.

Appears in 1 contract

Samples: Term Loan Agreement (CDW Corp)

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Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the Adjusted LIBO Rate Rate” shall be deemed to be not be less than 1.001.75% per annum at any timeannum.

Appears in 1 contract

Samples: Credit Agreement (Sun Healthcare Group Inc)

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