Common use of Rate Options Clause in Contracts

Rate Options. The Company agrees to pay interest on the unpaid balance of the Loans in accordance with one of more of the following interest rate options, as selected by the Company:

Appears in 4 contracts

Sources: Promissory Note (Connecticut Water Service Inc / Ct), Promissory Note (Pennichuck Corp), Promissory Note (Pennichuck Corp)

Rate Options. The Company agrees to pay interest on the unpaid balance of the Loans in accordance with one of or more of the following interest rate options, as selected by the Company:

Appears in 2 contracts

Sources: Promissory Note (Middlesex Water Co), Promissory Note (Middlesex Water Co)

Rate Options. The Company agrees to pay interest on the unpaid balance of the Loans in accordance with one of more of the following interest rate options, as selected by the Company:: (1)

Appears in 1 contract

Sources: Amended and Restated Promissory Note