Base Rate Advance. During such periods as such Advance is a Base Rate Advance, a rate per annum at all times equal to the sum of the Base Rate in effect from time to time plus the Applicable Margin, payable in arrears (i) quarterly on the last day of each calendar quarter during such periods, (ii) on the date such Base Rate Advance shall be Converted or paid in full and (iii) on the Termination Date.
Appears in 2 contracts
Sources: Credit Agreement (Dimon Inc), Credit Agreement (Dimon Inc)
Base Rate Advance. During such periods as such Advance is a Base Rate Advance, at a rate per annum equal at all times equal to the sum of the Base Rate in effect from time to time plus the Applicable MarginMargin in effect for Base Rate Advances, payable (x) in arrears (i) quarterly monthly on the last first day of each the immediately following calendar quarter month during such periods, (iiy) on the date on which such Base Rate Advance shall be Converted or paid in full full, and (iiiz) on the Termination Maturity Date.;
Appears in 1 contract
Sources: Credit Agreement (Agco Corp /De)