Example ContractsClausesBase Rate Advances
Base Rate Advances
Base Rate Advances contract clause examples

Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times to # the Base Rate in effect from time to time plus # the Applicable Margin for such Advance, payable in arrears quarterly on the last Business Day of each March, June, September and December during such periods, commencing with June, 2022, for the period beginning on the Effective Date and then ended.

Base Rate Advances. If such Advance is a Base Rate Advance, at a fluctuating rate which is equal to # the Base Rate then in effect plus # the Applicable Rate for Base Rate Advances.

In connection herewith, the undersigned hereby certifies that:

Eurocurrency Rate Advances. During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Eurocurrency Rate Advance to the sum of # the Eurocurrency Rate for such Interest Period for such Eurocurrency Rate Advance plus # the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full.

Base Rate Advances. If such Advance is a Base Rate Advance, at a fluctuating rate which is equal to # the Base Rate then in effect plus # the Applicable Rate for Base Rate Advances.

Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of # the Base Rate in effect from time to time plus # the Applicable Margin in effect from time to time,

Eurodollar Rate Advances. During such periods as such Advance is a Eurodollar Rate Advance, subject to clause (e) below, a rate per annum equal at all times during each Interest Period for such Advance to the sum of # the Eurodollar Rate for such Interest Period for such Advance plus # the Applicable Margin in respect of Eurodollar Rate Advances in effect on the first day of such Interest Period, payable in arrears on the last

Base Rate. The definition of “Base Rate” set forth in the Credit Agreement is hereby amended by adding the following new sentence to the end of such definition: “Notwithstanding anything to the contrary contained in this definition, if the Base Rate determined pursuant to this definition is below 2.00%, the Base Rate shall be deemed to be 2.00%.”

Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of # the Base Rate in effect from time to time plus # the Applicable Margin in respect of Base Rate Advances in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Advance shall be Converted or paid in full.

Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of # the Base Rate in effect from time to time plus # the Applicable Margin in respect of Base Rate Advances in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Advance shall be Converted or paid in full.

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