Common use of Variable Rate Advances Clause in Contracts

Variable Rate Advances. A variable rate per annum equivalent to ---------------------- the Variable Rate plus .25% ("Equipment Variable Rate"). Interest shall be adjusted concurrently with any change in the Reference Rate. An Advance based upon the Variable Rate plus .25% is hereinafter referred to as an Equipment Variable Rate Advance".

Variable Rate Advances. A variable rate per annum ---------------------- equivalent to ---------------------- the Variable Reference Rate plus .25% the Applicable Margin (the "Equipment Variable Rate"). Interest shall be adjusted concurrently with any change in the Reference Rate. An Advance based upon the Variable Rate plus .25% is hereinafter referred to as an Equipment a "Variable Rate Advance".