Common use of Base Rate Loans Substituted for Affected Euro-Dollar Loans Clause in Contracts

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, or to continue or convert outstanding Loans as or to, Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03(a) with respect to its Fixed Rate Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer apply:

Appears in 6 contracts

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, make or to continue or convert outstanding Loans as or to, into Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03(a) or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer apply:

Appears in 5 contracts

Samples: Credit Agreement (Duke Energy Corp), Credit Agreement (Duke Energy Corp), Credit Agreement (Duke Energy CORP)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, make or to continue or convert outstanding Loans as or to, into Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03(a) or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower Borrowers that the circumstances giving rise to such suspension or demand for compensation no longer apply:

Appears in 4 contracts

Samples: Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, or to continue or convert outstanding Loans as or to, make Euro-Dollar Loans or Money Market Loans has been suspended pursuant to Section 8.02 8.2 or (ii) any Bank has demanded compensation under Section 8.03(a) 8.3 or 8.4 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, Money Market Loans and the Borrower shall, by at least five (5) Euro-Dollar Business Days' prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section 8.5 shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 3 contracts

Samples: Credit Agreement (Smith Charles E Residential Realty Inc), Credit Agreement (Smith Charles E Residential Realty Lp), Credit Agreement (Smith Charles E Residential Realty Lp)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, or to continue or convert outstanding Loans as or to, make Euro-Dollar Loans or Money Market Loans has been suspended pursuant to Section 8.02 8.2 or (ii) any Bank has demanded compensation under Section 8.03(a) 8.3 or 8.4 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, 105 Money Market Loans and the Borrower shall, by at least five (5) Euro-Dollar Business Days' prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section 8.5 shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Smith Charles E Residential Realty Lp)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, or to continue or convert outstanding Loans as or to, Euro-Dollar Loans has been suspended pursuant to Section ‎Section 8.02 or (ii) any Bank has demanded compensation under Section ‎Section 8.03(a) with respect to its Fixed Rate Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer apply:

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, make or to continue or convert outstanding Loans as or to, into Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03(a) or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank through the 37 Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer apply:

Appears in 1 contract

Samples: Credit Agreement (Duke Capital LLC)

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Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (a) Subject to paragraph (c) below, if (i) the obligation of any Bank to make, make or to continue or convert outstanding Loans as or to, Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03(a) 8.03 or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days' prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 1 contract

Samples: Credit Agreement (Loews Cineplex Entertainment Corp)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (ia) the obligation of any Bank Lender to make, or to continue or convert outstanding Loans as or to, Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (iib) any Bank Lender has demanded compensation under Section 8.03(a) 8.03 or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days’ prior notice to such Bank Lender through the Administrative Agent, have elected that the provisions of this Section shall apply to such BankLender, then, unless and until such Bank Lender notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 1 contract

Samples: Credit Agreement (Metro-Goldwyn-Mayer Inc)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to make, or to continue or convert outstanding Loans as or to, Euro-Dollar Loans has been suspended pursuant to Section 8.02 Sections 8.1 or 8.2 or (ii) any Bank has demanded compensation under Section 8.03(a) 8.3 or 8.4 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five (5) Euro-Dollar Business Days' prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 1 contract

Samples: Revolving Credit Agreement (Kilroy Realty, L.P.)

Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank Lender to makemake Euro-Dollar Loans, or to convert or continue or convert outstanding Loans into or as or to, Euro-Dollar Loans Loans, has been suspended pursuant to Section 8.02 or (ii) any Bank Lender has demanded compensation under Section 8.03(a) 8.03 or 8.04 with respect to its Fixed Rate Euro-Dollar Loans or its obligation to make Fixed Rate Loans, and the Borrower shall, by at least five Euro-Dollar Business Days' prior notice to such Bank Lender through the Administrative Agent, have elected that the provisions of this Section shall apply to such BankLender, then, unless and until such Bank Lender notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer applyexist:

Appears in 1 contract

Samples: Credit Agreement (Exide Electronics Group Inc)

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