Common use of Adjusted LIBOR Rate Clause in Contracts

Adjusted LIBOR Rate. The Adjusted LIBOR Rate for any LIBOR Loan which is a Revolving Loan shall be the LIBOR Rate plus the applicable LIBOR Revolving Margin determined from the table in Section 4.6.

Appears in 1 contract

Sources: Loan Agreement (Angelica Corp /New/)

Adjusted LIBOR Rate. The Adjusted LIBOR Rate for any LIBOR Loan which is a Revolving Loan shall be the LIBOR Rate plus the applicable LIBOR Revolving Margin determined from the table in Section 4.6.

Appears in 1 contract

Sources: Loan Agreement (Layne Christensen Co)