Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured Default or a Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Rate Loan may be converted into a LIBOR Loan.
Appears in 4 contracts
Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Corp)
Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured Default or a an Event of Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Base Rate Loan may be converted into a LIBOR Loan.
Appears in 3 contracts
Samples: Loan Agreement (Physicians Resource Group Inc), Credit Agreement (Books a Million Inc), Loan Agreement (Physicians Resource Group Inc)
Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured Event of Default or a an Event of Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Rate Loan may be converted into a LIBOR Loan.
Appears in 3 contracts
Samples: Credit Agreement (Alfa Corp), Loan Agreement (Response Oncology Inc), Credit Agreement (Response Oncology Inc)
Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured Default or a Event of Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Rate Loan may be converted into a LIBOR Loan.
Appears in 2 contracts
Samples: Loan Agreement (Response Oncology Inc), Loan Agreement (Seafield Capital Corp)
Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured a Default or a an Event of Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Rate Loan may be converted into a LIBOR Loancreated.
Appears in 2 contracts
Samples: Loan Agreement (Renal Care Group Inc), Loan Agreement (Renal Care Group Inc)
Additional Limitation on LIBOR Interest Periods. Notwithstanding anything to the contrary in this Agreement, if an Unmatured Default or a an Event of Default shall have occurred and be continuing, no additional LIBOR Loans may be created or continued and no Prime Rate Loan may be converted into a LIBOR Loancreated.
Appears in 1 contract
