Common use of Swing Loan Interest Rate Clause in Contracts

Swing Loan Interest Rate. Each Swing Loan shall bear interest at a rate per annum equal to (i) the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate, (ii) an interest rate per annum as agreed to by PNC and the Lead Borrower from time to time, or (iii) if applicable, at the applicable rate set forth in any Cash Management Agreement. 3.1.3

Swing Loan Interest Rate. Each Swing Loan shall bear interest at a rate per annum equal to (i) the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate, (ii) an interest rate per annum as agreed to by PNC and the Lead Borrower from time to time, or (iii) if applicable, at the applicable rate set forth in any Cash Management Agreement. 3.1.3.

Swing Loan Interest Rate. Each Subject to Section 2.5.3 [Swing Loans Under Cash Management Agreements], each Swing Loan shall bear interest at a rate per annum equal to (i) the Base Rate plus the Applicable MarginMargin with respect to Revolving Credit Loans bearing interest at the Base Rate Option (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed), such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate, (ii) an interest rate per annum as agreed to by PNC and the Lead Borrower from time to time, or (iii) if applicable, at the applicable rate set forth in any Cash Management Agreement. 3.1.3.

Swing Loan Interest Rate. Each Swing Loan shall bear interest at a rate per annum equal to (i) the Base Rate plus the Applicable MarginMargin with respect to Revolving Credit Loans bearing interest at the Base Rate Option (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed), such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate, (ii) an interest rate per annum as agreed to by PNC and the Lead Borrower from time to time, or (iii) if applicable, at the applicable rate set forth in any Cash Management Agreement. 3.1.3.