Calculation of LIBOR Rate. The provisions of this Agreement relating to calculation of the LIBOR Rate are included only for the purpose of determining the rate of interest or other amounts to be paid hereunder that are based upon such rate, it being understood that each Lender shall be entitled to fund and maintain its funding of all or any part of a LIBOR Advance as it sees fit.
Appears in 27 contracts
Samples: Credit Agreement (Power One Inc), Security Agreement (Pillowtex Corp), Credit Agreement (Clubcorp Inc)
Calculation of LIBOR Rate. The provisions of this Agreement ------------------------- relating to calculation of the LIBOR Rate are included only for the purpose of determining the rate of interest or other amounts to be paid hereunder that are based upon such rate, it being understood that each Lender shall be entitled to fund and maintain its funding of all or any part of a LIBOR Advance as it sees fit.
Appears in 9 contracts
Samples: Credit Agreement (Kevco Inc), Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Signature Resorts Inc)
