Rates of Interest. (a) Interest shall accrue on the principal amount of the Domestic Base Rate Loans outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Domestic Base Rate. Such rate of interest shall increase or decrease by an amount equal to any increase or decrease in the Domestic Base Rate, effective as of the opening of business on the day that any such change in the Domestic Base Rate occurs.
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Samples: Loan and Security Agreement (Channell Commercial Corp), Loan and Security Agreement (Channell Commercial Corp)
Rates of Interest. (a) Interest shall accrue on the principal amount of the Domestic Base Rate Loans outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Domestic Base Rate. Such rate of interest shall increase or decrease by an amount equal to any increase or decrease in the Domestic Base Rate, effective as of the opening of business on the day that any such change in the Domestic Base Rate occurs.
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Rates of Interest. (a) Interest shall accrue on the principal amount of the Domestic Base Rate Revolving Loans outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect Base Rate or the LIBOR Rate, at Designated Borrower's option, plus the Domestic Applicable Margin. The Base Rate. Such rate of interest Rate shall increase or decrease by an amount equal to any increase or decrease in the Domestic Base Rate, effective as of the opening of business on the day that any such change in the Domestic Base Rate occurs.
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Samples: Loan and Security Agreement (United Industrial Corp /De/)
Rates of Interest. (a) Interest shall accrue on the principal amount of the Domestic Base Rate Revolving Credit Loans outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Domestic Base Rate. Such The rate of interest shall increase or decrease by an amount equal to any increase or decrease in the Domestic Base Rate, effective as of the opening of business on the day that any such change in the Domestic Base Rate occurs.
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