Common use of Term Loan II Clause in Contracts

Term Loan II. Subject to Section 2.3(b), the principal amount outstanding under Term Loan II shall accrue interest at a per annum rate equal to 2.5 percentage points above the Prime Rate; provided, however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning with any fiscal quarter ending after the Effective Date) of profitability, then the amounts outstanding under the Revolving Line shall accrue interest at a per annum rate equal to 1.75 percentage points above the Prime Rate.

Term Loan II. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan II shall accrue interest at a per annum rate equal to 2.5 two and one-half percentage points (2.50%) above the Prime Rate; provided, however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning which interest shall be payable monthly in accordance with any fiscal quarter ending after the Effective DateSection 2.3(f) of profitability, then the amounts outstanding under the Revolving Line shall accrue interest at a per annum rate equal to 1.75 percentage points above the Prime Ratebelow.

Term Loan II. Subject to Section 2.3(b), the outstanding principal amount outstanding under of the Term Loan II shall accrue interest at a per annum fixed rate equal to 2.5 percentage points above the Prime Rate; provided6.25%, however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning with any fiscal quarter ending after the Effective Date) of profitability, then the amounts outstanding under the Revolving Line shall accrue which interest at a per annum rate equal to 1.75 percentage points above the Prime Rateis payable monthly.

Term Loan II. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan II shall accrue interest at a per annum rate equal to 2.5 two and three-quarters percentage points (2.75%) above the Prime Rate; provided, however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning which interest shall be payable monthly in accordance with any fiscal quarter ending after the Effective DateSection 2.3(f) of profitability, then the amounts outstanding under the Revolving Line shall accrue interest at a per annum rate equal to 1.75 percentage points above the Prime Ratebelow.

Term Loan II. Subject to Section 2.3(b), the principal amount outstanding under Term Loan II shall accrue interest at a fixed per annum rate equal to 2.5 percentage points above the Prime Rate; providednine percent (9.0%), however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning with any fiscal quarter ending after the Effective Date) of profitability, then the amounts outstanding under the Revolving Line which interest shall accrue interest at a per annum rate equal to 1.75 percentage points above the Prime Ratebe payable monthly.

Term Loan II. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan II shall accrue interest at a fixed per annum rate equal to 2.5 percentage points above the Prime Rate; provided, however, after Borrower achieves, if ever, two consecutive fiscal quarters (beginning with any fiscal quarter ending after the Effective Date) of profitability, then the amounts outstanding under the Revolving Line shall accrue interest at a per annum rate equal to 1.75 percentage points above the Prime Rate7.5%.