Common use of Borrower’s Options Clause in Contracts

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 's selection, subject to the conditions and limitations provided for in this Agreement: (i) the Base Rate Accrual Variable Rate or (ii) Effective 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 DefaultRate.

Borrower’s Options. Principal amounts outstanding under the Loan Facility 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 Variable 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 DefaultAdjusted LIBOR Rate.

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 Variable Rate or (ii) Effective 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 DefaultRate.

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 plus the Applicable Margin 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 Agreement: (i) the Base Rate Accrual plus the Applicable Margin, (ii) the Daily Simple SOFR Rate plus the Applicable Margin, or (ii) LIBO the Term SOFR Rate plus the Applicable Margin. BorrowerXxxxxxxx’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 's selection, subject to the conditions and limitations provided for in this Agreement: (i) the Base Rate Accrual Rate Variable 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 DefaultAdjusted Libor Rate.

Borrower’s Options. Principal amounts outstanding under the Revolving Loan shall bear interest at the following rates, at Borrower’s 's selection, subject to the conditions and limitations provided for in this Agreement: (i) the Base Rate Accrual plus the Applicable Margin for Base Rate Advances or (ii) LIBO Rate plus the Applicable MarginMargin for LIBO Rate Advances. Borrower’s 's right to select pricing options shall cease upon the occurrence and during the continuation of any Event of Default.