Common use of Reference Rate Advances Clause in Contracts

Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest at a rate per annum equal to the Reference Rate in effect from time to time plus the Applicable Margin.

Appears in 1 contract

Sources: Credit and Security Agreement (Simon Transportation Services Inc)

Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest prior to maturity at a rate per annum equal to the Reference Rate in effect from time to time plus the Applicable Margin.

Appears in 1 contract

Sources: Credit Agreement (Health Risk Management Inc /Mn/)

Reference Rate Advances. The unpaid principal amount of each Reference Rate Advance shall bear interest at a rate per annum equal to the Reference Rate in effect from time to time plus the Applicable Margintime.

Appears in 1 contract

Sources: Credit and Security Agreement (Simon Transportation Services Inc)