Common use of Eurodollar Rate Clause in Contracts

Eurodollar Rate. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Loan from the date of the making of such Loan until such Eurodollar Loan shall be paid in full or converted to a Base Rate Loan at a rate per annum which shall be equal to the sum of the Applicable Margin plus the relevant Eurodollar Rate or Adjusted Eurodollar Rate, as applicable, such interest to be computed on the basis of a 360-day year and actual days elapsed.

Appears in 3 contracts

Samples: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

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Eurodollar Rate. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Loan from the date of Borrowing thereof until the making earlier of such Loan until (i) the maturity thereof (whether by acceleration or otherwise) and (ii) the conversion of such Eurodollar Loan shall be paid in full or converted to a Base Rate Loan pursuant to Section 2.6, 2.9 or 2.10, as applicable, at a rate per annum which shall shall, during each Interest Period applicable thereto, be equal to the sum of the Applicable Margin plus the relevant Eurodollar Rate or Adjusted Eurodollar Rate, as applicable, for such interest to be computed on the basis of a 360-day year and actual days elapsedInterest Period.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

Eurodollar Rate. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Loan from the date of the making of such Loan until such Eurodollar Loan shall be paid in full or converted to a Base Rate Loan at a rate per annum which shall be equal to the sum of the Applicable Margin plus the relevant Eurodollar Rate or Adjusted Eurodollar Rate, as applicable, such interest to be computed on the basis of a 360-day year and actual days elapsedyear.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Cleco Power LLC)

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Eurodollar Rate. The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Loan from the date of Borrowing thereof until the making earlier of such Loan until (i) the maturity thereof (whether by acceleration or otherwise) and (ii) the conversion of such Eurodollar Loan shall be paid in full or converted to a Base Rate Loan pursuant to Section 2.9, 2.12 or 2.13, as applicable, at a rate per annum which shall shall, during each Interest Period applicable thereto, be equal to the sum of the Applicable Margin plus the relevant Eurodollar Rate or Adjusted Eurodollar Rate, as applicable, for such interest to be computed on the basis of a 360-day year and actual days elapsed.Interest Period. infoUSA Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

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