Change in Interest Rates. Any change in the interest rate on a Loan resulting from a change in the Prime Rate shall become effective as of the opening of business on the day on which such change becomes effective. Each Lender shall as soon as practicable notify the Borrower of the effective date and the amount of each such change in interest rate.
Change in Interest Rates. The Authority acknowledges the right of the Borrower to adjust the Interest Rate Period for any Series of the Bonds from time to time under the terms and conditions of the Indenture.
Change in Interest Rates. If the Applicable Margin is increased or reduced with respect to any period for which the Borrower has already paid interest, the Agent shall recalculate the additional interest due from or to the Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent of such increase or decrease, give the Borrower and the Lenders notice of such recalculation.
Change in Interest Rates. The interest rate elected by the Borrower under this Section 2.5 shall, as to each Advance, remain in effect until changed by the Borrower by written notice to Bank on or prior to the date of change or, in the case of Prime Rate Loans until changed by the terms thereof; provided however, (a) that a change to the Libor Rate, or the election of a Libor Rate Loan, can be effected only upon three (3) Business Days' notice (with notice to be received by Bank not later than 11:00 a.m. Cleveland, Ohio time on such day), and (b) when the rate of interest is the Libor Rate it may be changed to a Prime Rate Loan before the end of the applicable Interest Period subject, however, to payment of any applicable additional amount required by Section 2.5(v) hereof (but without requiring prepayment of the effected borrowing);
Change in Interest Rates. All references to 30 and 60 days in Section 1.02 C. (b) and (c) of the Agreement is deleted in their entirety.
Change in Interest Rates. If the Prime Rate is increased or reduced with respect to any period for which the Borrowers have already paid interest, the Lender shall recalculate the additional interest due from or to the Borrowers and shall, within fifteen (15) Business Days after the Borrowers notify the Lender of such increase or decrease, give the Borrowers notice of such recalculation.
Change in Interest Rates. Effective as of September 1, 1997 (the "Effective Date"):
Change in Interest Rates. Effective as of June 1, 1998 (the "Effective Date"), the Borrower may elect, subject to the terms of this Agreement, to have:
Change in Interest Rates. The Pricing Schedule attached to the Credit Agreement (the “Existing Pricing Schedule”) is deleted and replaced by the Pricing Schedule attached to this Amendment (the “New Pricing Schedule”). The New Pricing Schedule shall apply to interest and fees accruing under the Credit Agreement on and after the date hereof. The Existing Pricing Schedule shall continue to apply to interest and fees accruing under the Credit Agreement prior to the date hereof.
Change in Interest Rates. The Issuer acknowledges the right of the Company to adjust the Rate Period for the Bonds from time to time under the terms and conditions of the Indenture.
