at all times while such Loan is a Base Rate Loan, at a rate per annum equal to the sum of the Base Rate from time to time in effect plus the Applicable Margin for Base Rate Loans from time to time in effect; and
at all times while such Loan is not a Base Rate Loan, at a rate per annum equal to the sum of the SOFR Interest Rate plus the Applicable Margin for SOFR Loans from time to time in effect;
otherwise, at a per annum rate equal to the Base Rate plus the Applicable Margin for such Base Rate Loans.
per annum equal to the sum of # the Base Rate as in effect from time to time and # the Applicable Margin for Base Rate Loans; and
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.