Borrower’s Options. Principal amounts outstanding under the Loan shall bear interest at the following rates, at Borrower’s selection, subject to the conditions and limitations provided for in this Agreement: (i) the Base Rate Accrual Rate or (ii) LIBO Rate plus the Applicable Margin. Borrower’s right to select pricing options shall cease upon the occurrence and during the continuation of any Event of Default.
Borrower’s Options. Principal amounts outstanding under the Loan shall bear interest at the following rates, at Borrower's selection, subject to the conditions and limitations provided for in this Note: (i) Variable Rate, or (ii) LIBOR Based Rate.
Borrower’s Options. Principal amounts outstanding under the Facility shall bear interest at the following rates, at Borrower’s selection, subject to the conditions and limitations provided for in this Agreement: (i) Adjusted Base Rate, (ii) Adjusted Floating LIBOR Rate or (iii) Adjusted Fixed LIBOR Rate; provided, however, that (A) notwithstanding anything to the contrary contained herein or in any Credit Document, Floating LIBOR Rate Loans shall be available to the Borrower hereunder only to the extent that each Lender that is a party hereto is able, pursuant to all applicable Legal Requirements, all other applicable laws, codes and/or regulations and all applicable internal practices and policies of such Lender, to provide such Floating LIBOR Rate Loans on the terms and conditions set forth herein and (B) if any Lender hereunder shall deliver to the Administrative Agent and Borrower a notice that it is not able lo provide Floating LIBOR Rate Loans on the terms and conditions set forth herein, the Borrower’s ability to request and receive Floating LIBOR Rate Loans hereunder shall be immediately converted to Base Rate Loans and Floating LIBOR Rate Loans shall not be available hereunder until such lime as all Lenders hereunder can again provide such Floating LIBOR Rate Loans.
Borrower’s Options. Section 8.1. Assignment and Transfer 34 Section 8.2. Prepayment 34 Section 8.3. Direction of Investments 34 Section 8.4. Termination of Loan Agreement 34
Borrower’s Options. Subject to the provisions herein with regard to the Default Rate, interest hereunder shall accrue at the following rates, at Borrower's selection, subject to the conditions and limitations provided for in this Note: (i) a rate per annum equal to 60 basis points (.60%) greater than the LIBO Rate (as hereinafter defined) provided, however, that in the event a LIBO Rate is unavailable for any reason, interest shall accrue on the Loan at the Variable Rate (as hereinafter defined) or (ii) a Bank Rate (as hereinafter defined). Borrower's right to select an interest rate hereunder shall cease during the continuance of an Event of Default, and, upon the expiration of the Interest Period(s) for any Advance(s) then in existence, the outstanding principal balance under this Note shall bear interest at the Variable Rate until the Event of Default has been cured and Borrower makes an effective interest rate selection.
Borrower’s Options. Subject to the provisions herein with regard to the Default Rate, interest hereunder shall accrue at the following rates, at Borrower's selection, subject to the conditions and limitations provided for in this Note:
Borrower’s Options
