Common use of Statutory Reserves Clause in Contracts

Statutory Reserves. Notwithstanding anything herein to the contrary, the Adjusted LIBO Rate shall not be less than 1.00% per annum at any time.

Appears in 3 contracts

Sources: Term Loan Agreement (ConvergeOne Holdings, Inc.), Term Loan Agreement (Forum Merger Corp), Term Loan Agreement (CDW Corp)

Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the applicable Adjusted LIBO Rate shall not at no time be less than 1.00% per annum at any timeannum.

Appears in 2 contracts

Sources: Credit Agreement (Lindblad Expeditions Holdings, Inc.), Credit Agreement (Lindblad Expeditions Holdings, Inc.)

Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the “Adjusted LIBO Rate Rate” shall be deemed to be not be less than 1.001.75% per annum at any timeannum.

Appears in 1 contract

Sources: Credit Agreement (Sun Healthcare Group Inc)

Statutory Reserves. Notwithstanding anything herein to the contraryforegoing, the “Adjusted LIBO Rate Rate” shall be deemed to be not be less than 1.001.50% per annum at any timeannum.

Appears in 1 contract

Sources: Credit Agreement (ASC Holdco, Inc.)

Statutory Reserves. Notwithstanding anything herein to the contrary, the Adjusted LIBO Rate shall not be less than 1.000.75% per annum at any time.

Appears in 1 contract

Sources: Term Loan Agreement (CDW Corp)