Example ContractsClausesBase Rate Loan
Base Rate Loan
Base Rate Loan contract clause examples
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Base Rate Loans. During such periods as Revolving Loans shall comprise in whole or in part Base Rate Loans, such Base Rate Loans shall bear interest at a per annum rate equal to the Base Rate plus the Applicable Rate; and

Base Rate Loans. The Loans comprising each Base Rate Borrowing shall bear interest at a rate per annum equal to the Base Rate plus the Applicable Margin.

Base Interest Rate. Subject to [Sections 2B and 2C]C] below, the outstanding Principal Amount shall bear interest at the rate of eight (8%) percent per annum.

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 Loans. During such periods as any Revolving Loans shall be comprised of Base Rate Loans, each such Base Rate Loan shall bear interest at a per annum rate equal to the sum of the Base Rate plus the Applicable Margin; and

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,

Base Rate Option. A rate of interest per annum which is at all times equal to # the Base Rate plus # the Applicable Margin per annum, then in effect. If and when the Base Rate (or any component thereof) changes, the rate of interest with respect to any advance to which the Base Rate Option applies will change automatically without notice to the Borrowers, effective on the date of any such change. There are no required minimum interest periods for advances bearing interest under the Base Rate Option.

Base Rate Loans. By no later than 11:00 a.m. (or, subject to [Section 2.3, 12]2]:00 p.m.) on the date of a Borrower’s request for funding of the borrowing (or for the conversion of Eurodollar Revolving Loans to Base Rate Loans), such Borrower shall submit a Notice of Borrowing to the Administrative Agent setting forth # the amount requested, # the desire to have such Revolving Loans accrue interest at the Base Rate and # except in the case of conversions of Eurodollar Revolving Loans to Base Rate Loans, complying in all respects with Section 6.2 hereof.

Base Rate Loans. By no later than 11:00 a.m. (or, subject to [Section 2.3, 12]2]:00 p.m.) on the date of a Borrower’s request for funding of the borrowing (or for the conversion of Eurodollar Revolving Loans to Base Rate Loans), such Borrower shall submit a Notice of Borrowing to the Administrative Agent setting forth # the amount requested, # the desire to have such Revolving Loans accrue interest at the Base Rate and # except in the case of conversions of Eurodollar Revolving Loans to Base Rate Loans, complying in all respects with Section 6.2 hereof.

Base Rate Loans. Each Base Rate Loan made or maintained by a Lender shall bear interest (computed on the basis of a year of 365 or 366 days, as the case may be, and the actual days elapsed) in U.S. Dollars on the unpaid principal amount thereof from the date such Loan is advanced or created by conversion from a EurodollarTranche Rate Loan until, but excluding, the date of repayment thereof, at a rate per annum equal to the sum of the Applicable Margin plus the Base Rate from time to time in effect, payable in arrears on the last Business Day of each month and at maturity (whether by acceleration or otherwise).

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