5 unchanged sentences
Borrowings under the Term Credit Agreement bear interest at a rate per annum equal to, at the option of TETRA, either (i) LIBOR (subject to a 1% floor) plus a margin of 6.25% per annum or (ii) a base rate plus a margin of 5.25% per annum.
−Removed: The following table sets forth as of March 31, 2022, the principal amount due under our long-term debt obligations and their respective weighted average interest rates.
+Added: The following table sets forth as of June 30, 2022, the principal amount due under our long-term debt obligations and their respective weighted average interest rates.
We are not a party to an interest rate swap contract or other derivative instrument designed to hedge our exposure to interest rate fluctuation risk.
−Removed: Interest March 31, 2022
+Added: Interest June 30, 2022
Scheduled Maturity Rate
11 unchanged sentences
Accordingly, any change in the fair value of these derivative instruments during a period will be included in the determination of earnings for that period.
−Removed: As of March 31, 2022, we did not have any foreign currency exchange contracts outstanding.
+Added: As of June 30, 2022, we did not have any foreign currency exchange contracts outstanding.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.