Interest Rate Conversion Option. (a) Notwithstanding the foregoing, the Maker shall provide the Bank with written or oral notice to elect the LIBOR Rate (as defined below) plus one and one-quarter of one percent (1.25%).
Appears in 2 contracts
Sources: Modification Revolving Note (Great Southern Bancorp Inc), Modification Revolving Note (Great Southern Bancorp Inc)
Interest Rate Conversion Option. (a) Notwithstanding the foregoing, the Maker shall provide the Bank with written or oral notice to elect the LIBOR Rate (as defined below) plus one and one-quarter of one percent (1.251 1/4%).
Appears in 1 contract
Sources: Modification Revolving Note (Great Southern Bancorp Inc)