For purposes of this Section 2. 16, a notice to the Borrower by any Bank pursuant to paragraph (a) above shall be effective, if lawful, and if any Eurodollar Loans shall then be outstanding, on the last day of the then-current Interest Period, otherwise, such notice shall be effective on the date of receipt by the Borrower.
Appears in 4 contracts
Samples: Security Agreement (Carson Pirie Scott & Co /Il/), Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/), Credit and Guaranty Agreement (LTV Corp)
For purposes of this Section 2. 16, a notice to the Borrower by any Bank Lender pursuant to paragraph (a) above shall be effective, if lawful, and if any Eurodollar Loans shall then be outstanding, on the last day of the then-current Interest Period, otherwise, such notice shall be effective on the date of receipt by the Borrower.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Guilford Mills Inc), Credit and Guaranty Agreement (McLeodusa Inc)
For purposes of this Section 2. 16, a notice to the Borrower by any Bank Lender pursuant to paragraph (a) above shall be effective, if lawful, and if any Eurodollar Loans shall then be outstanding, on the last day of the then-current Interest Period, otherwise, ; and otherwise such notice shall be effective on the date of receipt by the Borrower.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Bradlees Inc), Revolving Credit and Guaranty Agreement (Bradlees Inc)
For purposes of this Section 2. 1615, a notice to the Borrower by any Bank pursuant to paragraph (a) above Lender shall be effectiveeffective as to each Eurodollar Loan made by such Lender, if lawful, and if any Eurodollar Loans shall then be outstanding, on the last day of the then-current Interest Period, otherwise, Period then applicable to such Eurodollar Loan; in all other cases such notice shall be effective on the date of receipt by the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Malek Frederic V)
