Interest Rate
Interest Rate. Means the current (as of the Termination Date) London Interbank Offered Rate as quoted by Citibank, N.A. (or any successor entity thereto) for interest periods of one year, plus 200 basis points per annum, compounding quarterly.
Found in
Armour Residential R contract
Interest Rate. Tier Quarterly Average Excess Availability Prime RateLoans EurocurrencyRateLoans Letter ofCredit Fee UnusedLineFee 1 Greater than $10,000,000 1.50 % 2.50 % 2.50 % 0.375 % 2 Equal to or less than $10,000,000 1.75 % 2.75 % 2.75 % 0.375 %
Found in
U.S. Silica Holdings, Inc. contract
Interest Rate. Means eight percent (8%) per annum; provided, that from and after the occurrence and during the continuance of an Event of Default, the Interest Rate shall be increased to 2% per annum. In the event that such Event of Default is subsequently cured, the adjustment referred to in the preceding sentence shall cease to be effective as of the date of such cure; provided that the Interest as calculated and unpaid at such increased rate during the continuance of such Event of Default shall continue to...
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Found in
Parabel Inc. contract
Interest Rate. 11% per annum.
Interest Rate. A rate per annum equal to the 3-month London Interbank Offered Rate ("LIBOR"), plus 7.0% (the "Interest Rate Spread"); provided, however, that on December 15, 2017 and December 15, 2018, the "Interest Rate Spread" shall be increased to 9.0% and 11.0%, respectively, and; provided, further, that if at any time during the term of this Note LIBOR is less than 1.0% per annum, the "Interest Rate" shall equal 1.0% plus the amount of the then current "Interest Rate Spread." The "Interest Rate" shall in...
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Found in
Pacific Ethanol, Inc. contract
Interest Rate. Means a rate of eight (8%) per annum, or such lesser rate equal to the highest rate permitted by applicable law.
Found in
Kaya Holdings, Inc. contract
Interest Rate. Means a rate per annum of 8%.
Found in
ZAP contract
Interest Rate. Interest on the outstanding Principal Balance shall be payable at the rates specified in the Credit Facility Agreement. Upon any Event of Default (as defined below), whether or not the holder has elected to exercise any other rights under this Note, and also after the Principal Balance of the Note shall become due and payable (on the Maturity Date or otherwise), the Interest Rate on all outstanding amounts shall accrue at a floating annual rate equal to the Prime Rate plus four Percentage...
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Found in
TechTarget Inc contract
Interest Rate. The per annum rate equal to the Prime Rate plus 55/100 percent (0.55%) per annum.
Interest Rate. The meaning given to it in Section 2 hereof, unless the Default Rate is in effect, in which event the Interest Rate shall be the Default Rate.
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Found in
MICRON SOLUTIONS INC contract