Common use of Interest Options Clause in Contracts

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate ABR plus the Applicable Margin, Margin or the Eurodollar Rate LIBOR plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar LIBOR Rate Borrowings, for the Interest Period designated by Borrower), as the case may be, and (b) the Maximum Rate. Each change in the Base Rate ABR and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as where specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of EITHER (a) THE SUM OF (i) the Base Rate plus the Applicable Margin, or the Adjusted Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower andBorrowers), in as the case of Eurodollar Borrowingsmay be, for PLUS (ii) the Interest Period designated by Borrower)Applicable Margin, and OR (b) the Maximum Rate. Each change in the Base Rate and the Maximum Rate is effective, without notice to Borrower Borrowers or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings each Borrowing shall bear interest interest, if applicable, at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Eurodollar Rate plus the Applicable Margin one and three-quarters of one percent (1.75%) (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and the Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (ai) or (ii): (i) the Base Rate plus the Applicable Marginor LIBOR, or the Eurodollar Rate in each case plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and ) or (bii) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to the Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Adjusted Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower Borrowers and, in the case of Eurodollar Borrowings, for the Interest Period designated by BorrowerBorrowers), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower Borrowers or any other Person, upon the effective date of change.

Interest Options. Except as where specifically otherwise provided, Borrowings shall bear interest at an annual a rate per annum equal to the lesser of (a) the Base Rate plus the Applicable Margin, Margin for Base Rate Borrowings or the Adjusted Eurodollar Rate plus the Applicable Margin (for Eurodollar Borrowings, in each case as designated or deemed designated by Borrower and, in accordance with the case terms of Eurodollar Borrowings, for the Interest Period designated by Borrower)this Agreement, and (b) the Maximum Rate. Each change in the Base Rate and or the Maximum Rate is Rate, subject to the terms of this Agreement, will become effective, without notice to Borrower or any other Person, upon the effective date of such change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) either the Base Rate plus the Applicable Margin, or the Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of such change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Adjusted Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall Loans bear interest at an annual rate equal to the lesser of LESSER OF (a) the Base Rate plus PLUS the Applicable Margin, Margin or the Eurodollar Rate plus PLUS the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar BorrowingsLoans, for the Interest Period designated by Borrower), and as the case may be, AND (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of THE LESSER OF (a) the Base Rate plus PLUS the Applicable Margin, or the Adjusted Eurodollar Rate plus PLUS the Applicable Margin (in each case as designated or deemed designated by Borrower Borrowers and, in the case of Eurodollar Borrowings, for the Interest Period designated by BorrowerBorrowers), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower Borrowers or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable MarginRate, or the Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for CREDIT AGREEMENT 16 the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.

Interest Options. Except as specifically otherwise provided, Borrowings shall bear interest at an annual rate equal to the lesser of (a) the Base Rate plus the Applicable Margin, or the Eurodollar Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of Eurodollar Borrowings, for the Interest Period designated by Borrower), and (b) the Maximum Rate. Each change in the Base Rate and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change.and