Changes of Loan Type. The basis for determining the interest rate with respect to any Loan may be changed by Borrower from time to time as specified in a Notice of Interest Terms delivered pursuant to Section 2.1.7. If on any day a Loan is outstanding with respect to which notice has not been delivered to Lender in accordance with the terms of this Agreement specifying the applicable basis for determining the rate of interest, then for that day such Loan shall bear interest determined by reference to the Base Rate.
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Samples: Security Agreement (Fulcrum Bioenergy Inc), Security Agreement (Fulcrum Bioenergy Inc)
Changes of Loan Type. The basis for determining the interest rate with respect to any Loan may be changed by Borrower from time to time as specified in a Notice of Interest Terms delivered pursuant to Section 2.1.72.1.9. If on any day a Loan is outstanding with respect to which notice has not been delivered to Lender Administrative Agent in accordance with the terms of this Agreement specifying the applicable basis for determining the rate of interest, then for that day such Loan shall bear interest determined by reference to the Base Rate. Notwithstanding any provision in this Agreement to the contrary, the Renegy Term Loans may not change in Type.
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Samples: Credit Agreement (Renegy Holdings, Inc.), Credit Agreement (Renegy Holdings, Inc.)
Changes of Loan Type. The basis for determining the interest rate with respect to any Loan may be changed by Borrower from time to time as specified in a Notice of Interest Terms delivered pursuant to Section 2.1.72.1.6. If on any day a Loan is outstanding with respect to which notice has not been delivered to Lender Administrative Agent in accordance with the terms of this Agreement specifying the applicable basis for determining the rate of interest, then for that day such Loan shall bear interest determined by reference to the Base Rate.
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