Interest Rates Payments and Calculations. (a) Interest Rate. -------------
Interest Rates Payments and Calculations. Section 2.3(a) of the Loan and Security Agreement shall be amended to read:
Interest Rates Payments and Calculations. (a) Interest Rate for Term Loan Advances. Except as set forth in Section 2.3(b), the Term Loan Advances shall bear interest, on the outstanding Daily Balance thereof, at a rate equal to the greater of (i) one half of one percentage point (0.50%) above the Prime Rate or (ii) six percentage points (6.00%).
Interest Rates Payments and Calculations. (a) Interest Rates Except as set forth in Section 2.2(b), the Advances shall bear interest, on the outstanding daily balance thereof, at the rates specified in Section 2.1.1.
Interest Rates Payments and Calculations. (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate plus one half of one percent (0.50%) per annum.
Interest Rates Payments and Calculations. (a) Interest Rate for Term Loans. Except as set forth in Section 2.3(b), the Term Loans shall bear interest, on the outstanding daily balance thereof, at a variable annual rate equal to the greater of (A) 1.25% above the Prime Rate then in effect, or (B) 4.50%.
Interest Rates Payments and Calculations. (a) Interest Rates Except as set forth in Section 2.2(b), the Equipment Advances shall bear interest, on the outstanding daily balance thereof, at a floating rate equal to the Prime Rate plus one-half percent (0.50%).
Interest Rates Payments and Calculations. (a) Payment of Accrued and Outstanding Interest as of Closing Date.
Interest Rates Payments and Calculations. (a) INTEREST RATE. Except as set forth in Section 2.3(b), any Advances shall bear interest, on the average daily balance thereof, at a per annum rate equal to TWO (2.0) percentage points above the Prime Rate; PROVIDED, HOWEVER, that effective the first day of the month following a Qualified Public Offering, the interest rate will decrease to the Prime Rate.
Interest Rates Payments and Calculations. (a) Interest Rate - Equipment Advances. Except as set forth in Section 2.2(b), the Equipment Advances shall bear interest, on the outstanding Daily Balance thereof, at a rate equal to three percent (3.0%) above the Prime Rate.
