Example ContractsClausesbase rate loansVariants
Base Rate Loans
Base Rate Loans contract clause examples

2.08Interest. (a) The Loans comprising each Base Rate Borrowing (including each Swingline Loan) shall bear interest at the Base Rate plus the Applicable Rate. Loans comprising each Canadian Prime Borrowing shall bear interest at the Canadian Prime Rate plus the Applicable Rate.

SECTION # Interest. (a) The Loans comprising each ABR Borrowing (including each Swingline Loan that is an ABR Borrowing) shall bear interest at the Alternate Base Rate plus the Applicable Rate. The Loans comprising each Canadian Prime Borrowing (including each Swingline Loan that is a Canadian Prime Borrowing) shall bear interest at the Canadian Prime Rate plus the Applicable Rate. The Loans denominated in Pounds Sterling comprising each SONIA Borrowing (including each Swingline Loan that is a SONIA Borrowing) shall bear interest at a rate per annum equal to the Adjusted Daily Simple SONIA plus the Applicable Rate.

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