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

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar 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 10 contracts

Samples: Credit Agreement (National Vision Associates LTD), Credit Agreement (Carmike Cinemas Inc), Credit Agreement (Cadmus Communications Corp/New)

AutoNDA by SimpleDocs

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain any Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar 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 6 contracts

Samples: Credit Agreement (Flowers Industries Inc /Ga), Credit Agreement (Flowers Industries Inc /Ga), Credit Agreement (Trion Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If ------------------------------------------------- (i) the obligation of any Bank to make or maintain any Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Euro- Dollar 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 3 contracts

Samples: Credit Agreement (JDN Realty Corp), Credit Agreement (JDN Realty Corp), Credit Agreement (JDN Realty Corp)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar five (5) Business Days' 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 3 contracts

Samples: Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (ia) the obligation of any Bank Lender to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 9.02 or (iib) any Bank Lender has demanded compensation under Section 8.039.03, and the Borrower shall, by at least 5 Euro-Dollar five (5) Business Days' prior notice to such Bank Lender through the Administrative Agent, have elected that the provisions of this Section 9.04 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 2 contracts

Samples: Credit Agreement (Meredith Corp), Credit Agreement (Meredith Corp)

Base Rate Loans Substituted for Euro-Dollar Loans. If ------------------------------------------------- (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 7.02 or (ii) any Bank has demanded compensation under Section 8.037.03, and the Borrower shall, by at least 5 Euro-Dollar 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 (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank Lender to make or maintain convert outstanding Loans to, Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank Lender has demanded compensation under Section 8.03, 8.03(a) or 8.04 with respect to its Euro-Dollar Loans and the Borrower shall, by at least 5 five Euro-Dollar Business Days' prior notice to such Bank Lender through the Administrative Agent, have elected that the provisions of this Section 8.05 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 2 contracts

Samples: Credit Agreement (Wiley John & Sons Inc), Credit Agreement (Wiley John & Sons Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Euro‑Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar 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 2 contracts

Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank Lender to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank Lender has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar Business Days' prior notice to such Bank Lender 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:the

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (ia) the obligation of any a Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (iib) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar Business Days' prior notice to such Bank the Banks through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bankapply, 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: 364 Day Credit Agreement (Mohawk Industries Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any the Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 7.02 or (ii) any the Bank has demanded compensation under Section 8.037.03, and the Borrower shall, by at least 5 five (5) Euro-Dollar Business Days' prior notice to such Bank through the AgentBank, have elected that the provisions of this Section shall apply to such the Bank, then, unless and until such the 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 (First Citizens Bancorporation of South Carolina Inc)

AutoNDA by SimpleDocs

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar 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:: WCSR 2018712

Appears in 1 contract

Samples: Credit Agreement (Outback Steakhouse Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 9.02 or (ii) any Bank has demanded compensation under Section 8.039.03, and the Borrower shall, by at least 5 Euro-Dollar 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 (Cadmus Communications Corp/New)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 8.2 or (ii) any Bank has demanded compensation under Section 8.03, 8.3 or 8.4 with respect to its Euro-Dollar Loans and the Borrower shall, by at least 5 five Euro-Dollar 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: Term Loan Agreement (Musicland Stores Corp)

Base Rate Loans Substituted for Euro-Dollar Loans. If -------------------------------------------------- (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 7.02 or (ii) any Bank has demanded compensation under Section 8.037.03, and the Borrower shall, by at least 5 Euro-Dollar 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 (Mohawk Industries Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 Euro-Dollar 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 (Outback Steakhouse Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank Lender to make or maintain Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank Lender has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 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 apply:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Carmike Cinemas Inc)

Base Rate Loans Substituted for Euro-Dollar Loans. If (i) the obligation of any Bank Lender to make or maintain Euro-Euro- Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank Lender has demanded compensation under Section 8.03, and the Borrower shall, by at least 5 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 apply:

Appears in 1 contract

Samples: Credit Agreement (Airborne Freight Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.