Revolving Interest Rate
Revolving Interest Rate. Shall mean an interest rate per annum equal to (a) the Alternate Base Rate with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus two and one half of one percent (2.5%) with respect to Eurodollar Rate Loans.
Found in
KENEXA CORP contract
Revolving Interest Rate. Shall mean an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.
Found in
KENEXA CORP contract
Revolving Interest Rate. Means a rate per annum equal to the greatest of: (i) the ninety day average for U.S. Treasury Notes with a 10-year maturity as determined on the last Business Day of each calendar quarter, using the constant maturity calculation, plus 650 basis points; (ii) eleven percent (11%); or (iii) the highest effective interest rate accruing on any outstanding Indebtedness for Borrowed Money of the Company at any time during the applicable calendar...
View More
All Definitions
