These excerpts taken from the FLXS 8-K filed Mar 31, 2009.
Applicable Margin means with respect to any CB Floating Rate Advance, 0.25% per annum and with respect to any LIBOR Rate Advance, 3.00% per annum.
Applicable Margin means with respect to any CB Floating Rate Advance, 0.00% per annum and with respect to any LIBOR Rate Advance, 2.25% per annum.
This excerpt taken from the FLXS 8-K filed Jun 27, 2008.
Applicable Margin is hereby amended and restated to read as follows:
2.4 Each of the Related Documents is modified to provide that it shall be a default or an event of default thereunder if the Borrower shall fail to comply with any of the covenants of the Borrower herein or if any representation or warranty by the Borrower herein or by any guarantor in any Related Documents is materially incomplete, incorrect, or misleading as of the date hereof. As used in this agreement, the Related Documents shall include the Note and all loan agreements, credit agreements, reimbursement agreements, security agreements, mortgages, deeds of trust, pledge agreements, assignments, guaranties, or any other instrument or document executed in connection with the Note or in connection with any other obligations of the Borrower to the Bank.
2.5 Each reference in the Related Documents to any of the Related Documents shall be a reference to such document as modified herein.