Example ContractsClausesapplicable fee rateVariants
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Default Rate” shall mean # in respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicable Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annum interest rate at all times equal to the sum of # the otherwise applicable Interest Rate plus # two percent (2.0%). Each Default Rate shall be adjusted simultaneously with any change in the applicable Interest Rate (or, as applicable, the Letter of Credit Fee).

Default Rateshall meanmeans # inwhen used with respect to Obligations other than Letter of Letters of Credit,Credit Fees, a fluctuating per annum rate at all times equal to the sum ofinterest rate (including any Applicable Rate) otherwise applicable to such Loan plus two percent (2.0%) per annum, and # the otherwise applicablewhen used with respect to Letter of Credit FeeFees, a rate equal to the Applicable Rate plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annum interest rate at all times equal to the sum of # the otherwise applicable Interest Rate plus # two percent (2.0%). Each Default Rate shall be adjusted simultaneously with any change in the applicable Interest Rate (or, as applicable, the Letter of Credit Fee).annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Rate, if any, applicable to Base Rate Loans plus # 2% per annum; provided, however, that with respect to a Eurocurrency Rate Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum, and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate plus 2% per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Rate, if any, applicable to Base Rate Loans plus # 2% per annum; provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate plus 2% per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Margin, if any, applicable to Base Rate Loans plus # 2% per annum; provided, however, that with respect to a Eurodollar RateTerm SOFR Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan plus 2% per annum and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the applicable percentage set forth in [Section 2.18(a)] for Standby Letters of Credit or Commercial Letters of Credit, as applicable, plus 2% per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Rate, if any, applicable to Base Rate Loans plus # 2% per annum; provided, however, that with respect to a Eurodollar Rate Loan or CDOR Rate Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum, in each case to the fullest extent permitted by applicable Laws and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate plus 2% per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Rate applicable to Base Rate Loans plus # 2% per annum; provided, however, that with respect to an Alternative Currency Term Rate Loan, Alternative Currency Daily Rate Loan or Term SOFR Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum, and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate applicable to Letters of Credit plus 2% per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestAlternate Base Rate plus # two percent (2.0%). Eachthe Applicable Rate, if any, applicable to Base RateABR Loans plus # 2% per annum; provided, however, that with respect to a Eurodollar RateSOFR Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate plus 2% per annum.

Default Rateshall meanmeans: # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit FeeFees and Acceptance Fees, an interest rate equal to # the Domestic Base Rate, plus # the Applicable Rate, if any, applicable to Base Rate Loans, plus # two percent (2.0%(2%); and # in per annum; provided, that, with respect of all other Obligations,to a fluctuating per annum interest rate at all times equal toEurodollar Rate Loan or an Alternative CurrencyTerm SOFR Loan, the sum of # the otherwise applicable Interest Rate plus # two percent (2.0%). Each Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus two percent (2%) per annum; # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate plus two percent (2%) per annum; and # when used with respect to Acceptance Fees, a rate equal to the Applicable Rate plus two percent (2%) per annum.

Default Rateshall meanmeans # inwhen used with respect of Letters of Credit, a fluctuating per annum rate at all times equal to the sum of # the otherwise applicableObligations other than Letter of Credit Fee plus # two percent (2.0%); and # in respect of all other Obligations, a fluctuating per annumFees, an interest rate at all times equal to the sum of # the otherwise applicable InterestBase Rate plus # two percent (2.0%). Eachthe Applicable Rate, if any, for Base Rate Loans outstanding under any applicable Facility, plus # 2% per annum; provided, however, that, with respect to a Term SOFR Rate Loan, the Default Rate shall be adjusted simultaneouslyan interest rate equal to the interest rate (including any Applicable Rate for any applicable Facility) otherwise applicable to such Loan outstanding under any applicable Facility, plus 2% per annum and # when used with any change in the applicable Interest Rate (or, as applicable, therespect to Letter of Credit Fee).Fees, a rate equal to the Applicable Rate for the Revolving Credit Facility for Letter of Credit Fees plus 2% per annum, in all cases to the fullest extent permitted by Applicable Laws.

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