Common use of Reference Rate Loans Clause in Contracts

Reference Rate Loans. That portion of the Loans maintained -------------------- from time to time as a Reference Rate Loans shall accrue and bear interest until maturity at a rate per annum equal to (i) the Reference Rate from time to time in effect minus one-half of one ----- percent (0.50%) with respect to the Revolving Loans and (ii) the Reference Rate from time to time in effect minus one-quarter of one ----- percent (0.25%) with respect to the Term Loan.

Appears in 1 contract

Sources: Credit Agreement (Mycogen Corp)

Reference Rate Loans. That portion of the Loans maintained -------------------- from time to time as a Reference Rate Loans shall accrue and bear interest until maturity at a rate per annum equal to (i) the Alternate Reference Rate from time to time in effect minus one-half of one ----- percent (0.50%) with respect to the Revolving Loans and (ii) the Reference Rate from time to time in effect minus one-quarter of one ----- percent (0.25%) with respect to the Term Loaneffect.

Appears in 1 contract

Sources: Credit Agreement (Andrew Corp)