Common use of Base Rate Loans Clause in Contracts

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 30 contracts

Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)

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Base Rate Loans. During such periods as While such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans as in effect from time to time, payable quarterly in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 7 contracts

Samples: Credit Agreement (Legg Mason, Inc.), Credit Agreement (Legg Mason, Inc.), Year Revolving Credit Agreement (Legg Mason Inc)

Base Rate Loans. During such periods as If such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans as in effect from time to time, payable quarterly in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 6 contracts

Samples: 364 Day Term Loan Agreement and Joinder Agreement (Becton Dickinson & Co), Day Term Loan Agreement (Becton Dickinson & Co), Day Term Loan Agreement (Becton Dickinson & Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin Rate for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 4 contracts

Samples: Day Term Loan Agreement (Arizona Public Service Co), Day Term Loan Agreement (Arizona Public Service Co), Assignment and Assumption (Arizona Public Service Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to timeMargin, payable in arrears quarterly on the last day Business Day of each March, June, September and December calendar month during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 4 contracts

Samples: Intercreditor Agreement (Eastman Kodak Co), Possession Loan Agreement, Possession Loan Agreement

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time for such Loan plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime for such Loan, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 4 contracts

Samples: Credit Agreement (Leidos Holdings, Inc.), Credit Agreement (Leidos Holdings, Inc.), Credit Agreement (Leidos Holdings, Inc.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin Rate for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 4 contracts

Samples: Term Loan Agreement (Arizona Public Service Co), Term Loan Agreement (Arizona Public Service Co), Term Loan Agreement (Pinnacle West Capital Corp)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans Margin in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December Quarterly Date during such periods and and, without duplication, on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Zoetis Inc.), Revolving Credit Agreement (Zoetis Inc.), Revolving Credit Agreement (Zoetis Inc.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Rate in effect from time to time plus (z) the Additional Margin for Base Rate Loans in effect from time to time, payable payable, in the case of such Loan, in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 3 contracts

Samples: Bridge Credit Agreement, Bridge Credit Agreement (Verizon Communications Inc), Credit Agreement (Verizon Communications Inc)

Base Rate Loans. During such periods as such Term Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 3 contracts

Samples: Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (Spectra Energy Corp.), Credit Agreement (Spectra Energy Corp.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each MarchQuarterly Payment Date, June, September and December during such periods and on the date such Base Rate Loan shall be Converted and on the date of any repayment or paid in fullprepayment (on the amount repaid or prepaid), at maturity (whether by acceleration or otherwise) and, after such maturity, on demand.

Appears in 2 contracts

Samples: Management Agreement (Pacific Drilling S.A.), Management Agreement (Pacific Drilling S.A.)

Base Rate Loans. During such periods as such Loan is a Term Loans are Base Rate Revolving LoanLoans, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for in respect of Base Rate Loans in effect from time to time, time payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan Loans shall be Converted or paid in full.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (PPG Industries Inc), Term Loan Credit Agreement (PPG Industries Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x1) the Base Rate in effect from time to time plus (y2) the Applicable Interest Rate Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December during such periods December, and on the date such Base Rate Loan shall be Converted or paid in fullfull either prior to or on the applicable Maturity Date.

Appears in 2 contracts

Samples: Term Loan Agreement (Mondelez International, Inc.), Term Loan Agreement (Mondelez International, Inc.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each MarchQuarterly Payment Date, June, September and December during such periods and on the date such Base Rate Loan shall be Converted and on the date of any repayment or paid in fullprepayment (on the amount repaid or prepaid), at maturity (whether by acceleration or otherwise) and, after such maturity, on demand.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Dynagas LNG Partners LP), Credit Agreement (Ocean Rig UDW Inc.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable Interest Rate Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December during such periods December, and on the date such Base Rate Loan shall be Converted or paid in fullfull and on the Maturity Date applicable to such Loan.

Appears in 2 contracts

Samples: Term Credit Agreement (Mondelez International, Inc.), Term Credit Agreement (Mondelez International, Inc.)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving --------------- Loan, a rate per annum equal at all times to the sum of (x) the Adjusted Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime and payable on (A) each Interest Payment Date, payable in arrears quarterly on the last day of each Marchcommencing September 30, June2000, September and December during such periods and on (B) the date such Base Rate Loan shall be Converted or paid in fulland (C) the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Lyondell Chemical Co), Revolving Credit Agreement (Lyondell Chemical Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America)

Base Rate Loans. During such periods as such Loan is a Term Loans are Base Rate Revolving LoanLoans, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for in respect of Base Rate Loans in effect from time to time, time payable in arrears quarterly on the last day of each March, June, September and December during such periods applicable Interest Payment Date and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (PPG Industries Inc), Term Loan Credit Agreement (PPG Industries Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Adjusted Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime and payable on (A) each Interest Payment Date, payable in arrears quarterly on commencing December 31, 2002, and (B) the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullTermination Date.

Appears in 2 contracts

Samples: Term Credit Agreement (Lyondell Chemical Co), Security Agreement (Lyondell Chemical Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan (including any Swing Line Loan), a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day Business Day of each December, March, June, June and September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullfull commencing on the last Business Day of March 2007.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (US Power Generating CO), Credit and Guaranty Agreement (US Power Generating CO)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable Margin for Base Rate Loans in effect from time to time, payable which shall be automatically capitalized and added to the outstanding principal amount of such Loan in arrears quarterly on the last day Business Day of each December, March, June, June and September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullfull commencing on the last Business Day of March 2007.

Appears in 1 contract

Samples: Credit Agreement (US Power Generating CO)

Base Rate Loans. During such periods as such Term Loan is a Base Rate Revolving LoanLoans, a rate per annum equal at all times to the sum of (xi) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime plus (ii) the Applicable Margin, payable quarterly in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullDecember.

Appears in 1 contract

Samples: Credit Agreement (Cigna Corp)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime minus (y) 0.50% per annum, payable in arrears quarterly on the last day Business Day of each March, June, September and December June during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (American Safety Razor Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Five Year Credit Agreement (Packaging Corp of America)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time for such Loan plus (y) the Applicable Margin for Base Rate Loans in effect from time to timesuch Loan, payable in arrears quarterly on the last day of each MarchApril, JuneJuly, September October and December January during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Cloudera, Inc.)

Base Rate Loans. During such periods as such Loan is a Base --------------- Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Adjusted Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime and payable on (A) each Interest Payment Date, payable in arrears quarterly on the last day of each Marchcommencing September 30, June2001, September and December during such periods and on (B) the date such Base Rate Loan shall be Converted or paid in fulland (C) the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Lyondell Chemical Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to timeMargin, payable in arrears quarterly on the last day Business Day of each of March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Loan Agreement

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Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans Margin in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Microdyne Corp)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (xA) the Base Rate in effect from time to time plus (yB) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each MarchSeptember, December, March and June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Secured Term Loan Agreement (American Campus Communities Inc)

Base Rate Loans. During such periods as such Term Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time for such Term Loan plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable payable, in the case of such Term Loan, in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Loan Credit Agreement (Verizon Communications Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, at a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect margin therefor, such rate to change from time to time, payable in arrears quarterly on time as the last day of each March, June, September and December during such periods and on the date such Base Rate Loan or Applicable Margin shall be Converted or paid in full.change; and

Appears in 1 contract

Samples: Credit Agreement (Novellus Systems Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime plus (y) 0.25% per annum, payable in arrears quarterly on the last day Business Day of each MarchFebruary, JuneMay, September August and December November during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Desa Holdings Corp)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Adjusted Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime and payable on (A) each Interest Payment Date, payable in arrears quarterly on commencing June 30, 2004, and (B) the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullTermination Date.

Appears in 1 contract

Samples: Credit Agreement (Lyondell Chemical Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to timeMargin, payable in arrears quarterly on the last day of each March, June, September and December Quarterly Date during such periods and and, without duplication, on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Pfizer Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving --------------- Loan, a rate per annum equal at all times to the sum of (x) the Adjusted Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime and payable on (A) each Interest Payment Date, payable in arrears quarterly on the last day of each Marchcommencing September 30, June2001, September and December during such periods and on (B) the date such Base Rate Loan shall be Converted or paid in fulland (C) the Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lyondell Chemical Co)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Midamerican Energy Co)

Base Rate Loans. During such periods as such the Term Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Agreement (PPG Industries Inc)

Base Rate Loans. During such periods as such Term Loan is a Base Rate Revolving LoanLoans, a rate per annum equal at all times to the sum of (xi) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime plus (ii) the Applicable Margin, payable quarterly in arrears quarterly on the last day Business Day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in fullDecember.

Appears in 1 contract

Samples: Assignment and Assumption (Cigna Corp)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time for such Loan plus (y) the Applicable Margin for Base Rate Loans in effect from time to timetime for such Loan, payable payable, in the case of such Loan, in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Verizon Communications Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each MarchApril, JuneJuly, September October and December January, during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Lubrizol Corp)

Base Rate Loans. During such periods as such Syndicated Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Enterprises Inc)

Base Rate Loans. During such periods as such the Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each MarchQuarterly Date, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Term Credit Agreement (Telecomunicaciones De Puerto Rico Inc)

Base Rate Loans. During such periods as such Loan is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable monthly in arrears quarterly on the last day of each MarchBase Rate Payment Date, June, September and December during such periods and on the date such Base Rate Loan shall be Converted and on the date of any repayment or paid in fullprepayment (on the amount repaid or prepaid), at maturity (whether by acceleration or otherwise) and, after such maturity, on demand.

Appears in 1 contract

Samples: Pacific Drilling S.A.

Base Rate Loans. During such periods as such Loan Term Loan, or any portion thereof, is a Base Rate Revolving Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin for Base Rate Loans in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall be Converted or paid in full.

Appears in 1 contract

Samples: Term Loan Agreement (Applera Corp)

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