Base Rate Loans Substituted for Affected LIBOR Loans. If (a) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 or (b) any Bank has demanded compensation under Section 8.01(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ prior notice to such Bank through the 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 9 contracts
Samples: Credit Agreement (Highland Funds I), Credit Agreement (Western Asset Global High Income Fund Inc.), Credit Agreement (LMP Corporate Loan Fund Inc.)
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 or (bii) any Bank has demanded compensation under Section 8.01(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ prior notice to such Bank through the 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 4 contracts
Samples: Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Credit Agreement (Nuveen Global High Income Fund), Credit Agreement (Credit Suisse High Yield Bond Fund)
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 8.2 or (bii) any Bank has demanded compensation under Section 8.01(a) 8.3 or 8.4 with respect to its LIBOR Loans and the Borrower shall, by at least two five LIBOR 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 2 contracts
Samples: Revolving Credit Agreement (Irvine Apartment Communities L P), Revolving Credit Agreement (Iac Capital Trust)
Base Rate Loans Substituted for Affected LIBOR Loans. If (a) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 8.02 or (b) any Bank has demanded compensation under Section 8.01(a8.03(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ ' prior notice to such Bank through the 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 2 contracts
Samples: Credit Agreement (Prospect Street High Income Portfolio Inc), Credit Agreement (Prospect Street High Income Portfolio Inc)
Base Rate Loans Substituted for Affected LIBOR Loans. If (a) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 hereof or (b) any Bank has demanded compensation under Section 8.01(a) hereof with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ prior notice to such Bank through the 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 2 contracts
Samples: Credit Agreement (NexPoint Capital, Inc.), Credit Agreement (NexPoint Capital, Inc.)
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank Lender to make LIBOR Loans has been suspended pursuant to Section 8.03 8.02 or (bii) any Bank Lender has demanded compensation under Section 8.01(a8.03(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR five 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 apply:
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Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make continue its Loan as a LIBOR Loans Loan has been suspended pursuant to Section 8.03 8.2 or (bii) any Bank has demanded compensation under Section 8.01(a) 8.3 or 8.4 with respect to its LIBOR Loans Loan and the Borrower shall, by at least two five LIBOR 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:'
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Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank Lender to make LIBOR Loans has been suspended pursuant to Section 8.03 8.02 or (bii) any Bank Lender has demanded compensation under Section 8.01(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ prior notice to such Bank through the Agent, have elected that the provisions of this Section shall apply to such Bank8.03(a), then, unless and until such Bank Lender notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer apply:
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Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans to the Borrower has been suspended pursuant to Section 8.03 8.02 or (bii) any Bank has demanded compensation from the Borrower under Section 8.01(a) 8.03 or 8.04 with respect to its LIBOR Loans and the Borrower shall, by at least two five LIBOR 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
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank Lender to make LIBOR Loans has been suspended pursuant to Section 8.03 8.1 or 8.2 or (bii) any Bank Lender has demanded compensation under Section 8.01(a8.3(a) with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR five 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 apply:
Appears in 1 contract
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 hereof or (bii) any Bank has demanded compensation under Section 8.01(a) hereof with respect to LIBOR Loans and the Borrower shall, by at least two LIBOR Business Days’ prior notice to such Bank through the 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 (Credit Suisse Asset Management Income Fund Inc)
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make continue its Loan as a LIBOR Loans Loan has been suspended pursuant to Section 8.03 Sections 8.1 or 8.2 or (bii) any Bank has demanded compensation under Section 8.01(a) 8.3 or 8.4 with respect to its LIBOR Loans Loan and the Borrower shall, by at least two five LIBOR 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
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans has been suspended pursuant to Section 8.03 Sections 12.1 or 12.2 or (bii) any Bank has demanded compensation under Section 8.01(a) Sections 12.3 or 12.4 with respect to its LIBOR Loans and the Borrower shall, by at least two five (5) LIBOR 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
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make make, or convert outstanding Loans to, LIBOR Loans has been suspended pursuant to Section 8.03 8.2 or (bii) any Bank has demanded compensation under Section 8.01(a) 8.3 or 8.4 with respect to its LIBOR Loans and the Borrower shall, by at least two five LIBOR Business Days’ , prior notice to such Bank through the 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 (Quaker State Corp)
Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans to the Borrower has been suspended pursuant to Section 8.03 8.02 or (bii) any Bank has demanded compensation from the Borrower under Section 8.01(a) 8.03 or 8.04 with respect to its LIBOR Loans and the Borrower shall, by at least two five LIBOR Business Days’ ' prior notice to such Bank through the 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:
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Base Rate Loans Substituted for Affected LIBOR Loans. If (ai) the obligation of any Bank to make LIBOR Loans to the Borrower has been suspended pursuant to Section 8.03 8.02 or (bii) any Bank has demanded compensation from the Borrower under Section 8.01(a) 8.03 or 8.04 with respect to its LIBOR Loans and the Borrower shall, by at least two five LIBOR 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
