EC’ Rates definition

EC’ Rates means the rates set out in the Contract as EC may with or without notice determine in writing from time to time or as may be adjusted in accordance with the Rate Review formula contained in the Contract;
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Related to EC’ Rates

  • Interest Rates The interest rates per annum (calculated on a 360-day basis) applicable to the Pinnacle Credit Facilities will be, at the option of the Borrower as set forth below at either LIBOR or the Base Rate plus the Applicable Margin set forth in the Fee Letter. The Borrower may select interest periods of one, two, three or six months (and, if agreed to by all relevant Pinnacle Credit Agreement Lenders for the Pinnacle Revolving Credit Facility or the Pinnacle Term Loan Facility, as applicable, nine or twelve months or such other period) for LIBOR advances. Interest shall be payable at the end of the selected interest period, but no less frequently than quarterly.

  • Advance Rates shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Prime Rate Margin is one-quarter of one percent (0.25%).

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services