Common use of Revolving Credit Base Rate Option Clause in Contracts

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 54 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement and Security Agreement (Paylocity Holding Corp), Credit Agreement (Johnson Outdoors Inc)

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Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, 360 days and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 9 contracts

Samples: Credit Agreement (Meridian Bioscience Inc), Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Erie Indemnity Co)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 three hundred sixty-five (365) or 366 three hundred sixty-six (366) days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 4 contracts

Samples: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)

Revolving Credit Base Rate Option. A fluctuating rate per annum applicable to Loans denominated in Dollars (computed on the basis of a year of 365 three hundred sixty-five (365) or 366 three hundred sixty-six (366) days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 3 contracts

Samples: Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or;

Appears in 3 contracts

Samples: Credit Agreement (Construction Partners, Inc.), Fourth Restatement Agreement (Glatfelter Corp), Credit Agreement (Glatfelter P H Co)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable MarginRate, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 3 contracts

Samples: Credit Agreement (Park Electrochemical Corp), Credit Agreement (EPAM Systems, Inc.), Credit Agreement (Park Electrochemical Corp)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or.

Appears in 2 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 2 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Credit Agreement (Rhino Resource Partners, L.P.)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 three hundred sixty five (365) or 366 three hundred sixty six (366) days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 2 contracts

Samples: Credit Agreement (Allegheny Technologies Inc), Credit Agreement (Allegheny Technologies Inc)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 360 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Marginapplicable number of basis points calculated under the Pricing Grid, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 360 days, as the case may be, and actual days elapsed, provided that, for Loans made in an Optional Currency for which a 365 day basis is the only market practice available to the Agent, such rate shall be calculated on the basis of a year of 365 days, for the actual days) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base RateRate or Applicable Margin; or

Appears in 1 contract

Samples: Credit Agreement (Covance Inc)

Revolving Credit Base Rate Option. A fluctuating rate per annum applicable to Revolving Credit Loans denominated in Dollars (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Revolving Credit Base Rate Option. A In the case of Base Rate Loans denominated in Dollars, a fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Richardson Electronics, Ltd.)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; oror NAI-0000000000v16

Appears in 1 contract

Samples: Credit Agreement (Aimco Properties L.P.)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Marginapplicable number of basis points calculated under the Pricing Grid, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable MarginMargin Exhibit 10.1 applicable to the 5-Year Revolver or the 364- Revolver, as the case may be, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

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Revolving Credit Base Rate Option. A In the case of Base Rate Loans denominated in Dollars, a fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or;

Appears in 1 contract

Samples: Credit Agreement (Crocs, Inc.)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; oror 264461831

Appears in 1 contract

Samples: Credit Agreement (Erie Indemnity Co)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; oror CHAR1\0000000x0

Appears in 1 contract

Samples: Credit Agreement (Neogenomics Inc)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable MarginMargin applicable to the 5-Year Revolver or the 364- Day Revolver, as the case may be, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Revolving Credit Base Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and for the actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Assured Guaranty LTD)

Revolving Credit Base Rate Option. A fluctuating --------------------------------- rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable MarginRate, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (KPMG Consulting Inc)

Revolving Credit Base Rate Option. A (A) With respect to Revolving Credit Loans that are Dollar Loans, a fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or.

Appears in 1 contract

Samples: Credit Agreement (Helios Technologies, Inc.)

Revolving Credit Base Rate Option. A fluctuating --------------------------------- rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

Revolving Credit Base Rate Option. A fluctuating rate per annum computed on the basis of a year of 360 days and actual days elapsed (computed provided, that for Loans made in an Optional Currency for which a 365-day basis is the only market practice available to the Administrative Agent, such rate shall be calculated on the basis of a year of 365 or 366 days, as days for the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

Appears in 1 contract

Samples: Credit Agreement (Under Armour, Inc.)

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