Common use of Interest Rates and Fees Clause in Contracts

Interest Rates and Fees. (a) Interest rates on Prime Rate Advances, Base Rate Advances, BA Equivalent Loans and LIBOR Advances and the rates for calculation of B/A Fees and L/C Fees shall be determined and adjusted based on the ratio of Total Debt to EBITDA (calculated on a rolling four-quarter basis) as follows: Ratio of Total Debt to EBITDA Prime Rate and Base Rate Advances LC Fee (financial L/C) L/C Fee (performance L/C) Other Advances Standby Fee Greater than or equal to 2.00 to 1 3.50 % 4.50 % 3.00 % 4.50 % 1.125 % Greater than or equal to 1.00 to 1 but less than 2.00 to 1 3.00 % 4.00 % 2.67 % 4.00 % 1.00 % Less than 1.00 to 1 2.50 % 3.50 % 2.33 % 3.50 % 0.875 % All figures in the table represent per cent per annum. Each of the amounts specified above, other than the standby fees, shall be increased by 2% per annum if a Default has occurred and is continuing. If a Default is disclosed by a Compliance Certificate, any increase shall be applied beginning as of the end of the fiscal period to which the Compliance Certificate relates.

Interest Rates and Fees. (a) Interest rates on Prime Rate Advances, Base Rate Advances, BA Equivalent Loans and LIBOR Advances and the rates for calculation of B/A Fees and L/C Fees shall be determined and adjusted based on the ratio of Total Debt to EBITDA (calculated on a rolling four-quarter basis) Leverage Ratio as follows: Leverage Ratio of Total Debt to EBITDA Prime Rate and Base Rate Advances LC Fee (financial L/C) L/C Fee (performance L/C) Other Advances Standby Fee Greater than or equal to 2.00 to 1 3.50 2.25 % 4.50 3.25 % 3.00 2.17 % 4.50 3.25 % 1.125 0.8125 % Greater than or equal to 1.00 to 1 but less than 2.00 to 1 2.00 % 3.00 % 4.00 2.00 % 2.67 3.00 % 4.00 % 1.00 0.75 % Less than 1.00 to 1 2.50 1.75 % 3.50 2.75 % 2.33 1.83 % 3.50 2.75 % 0.875 0.6875 % All figures in the table represent per cent per annum. Each of the amounts specified above, other than the standby fees, shall be increased by 2% per annum if a Default has occurred and is continuing. If a Default is disclosed by a Compliance Certificate, any increase shall be applied beginning as of the end of the fiscal period to which the Compliance Certificate relates.

Interest Rates and Fees. (a) Interest rates on Prime Rate Advances, Base Rate Advances, BA B/A Equivalent Loans and LIBOR Advances and the rates for calculation of B/A Fees and L/C Fees shall be determined and adjusted based on the a ratio of Total Debt to EBITDA (calculated on a rolling four-quarter basis) as follows: Ratio of Total Debt to EBITDA Prime Rate and Base Rate Advances LC L/C Fee (financial L/C) L/C Fee (performance L/C) Other Advances Standby Fee Greater than or equal to 2.00 to 1 3.50 % 4.50 % 3.00 % 4.50 % 1.125 % Greater than or equal to 1.00 to 1 but less than 2.00 to 1 3.00 % 4.00 % 2.67 % 4.00 % 1.00 % Less than 1.00 to 1 2.50 % 3.50 % 2.33 % 3.50 % 0.875 % All figures in the table represent per cent per annum. Each of the amounts specified above, other than the standby fees, shall be increased by 2% per annum if a Default has occurred and is continuing. If a Default is disclosed by a Compliance Certificate, any increase shall be applied beginning as of the end of the fiscal period to which the Compliance Certificate relates.