Common use of Changes to Interest Periods Clause in Contracts

Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 2 contracts

Samples: Assignment Agreement (Central European Media Enterprises LTD), Central European Media Enterprises LTD

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Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent may may, after consultation with the Company, shorten the Interest Period for any Loan to ensure that, that (when aggregated with the Available Facility, ) there are sufficient Loans (with an aggregate amount Base Currency Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a the Reduction Date for the scheduled reduction to occur.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)

Changes to Interest Periods. (a) 12.3.1 Prior to determining the interest rate for a LoanUtilisation, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount Base Currency Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Agreement (Mercer International Inc)

Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent may may, subject to prior notice to the Lenders, shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount Dollar Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent (acting in consultation with the Company) may shorten the an Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Repayment Instalment) which have an Interest Period ending on a Reduction Repayment Date for the scheduled reduction Borrowers to occurmake the Repayment Instalment due on that date.

Appears in 1 contract

Samples: Agreement (Golden Telecom Inc)

Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount Base Currency Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Tercica Inc)

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Changes to Interest Periods. (a) Prior to determining the interest rate for a Loan, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount Principal Amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Agreement (Golden Star Resources LTD)

Changes to Interest Periods. (a) 12.3.1 Prior to determining the interest rate for a LoanUtilisation, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Agreement (Mercer International Inc.)

Changes to Interest Periods. (a) 11.3.1 Prior to determining the interest rate for a LoanUtilisation, the Agent may shorten the Interest Period for any Loan to ensure that, when aggregated with the Available Facility, there are sufficient Loans (with an aggregate amount equal to or greater than the Reduction Instalment) which have an Interest Period ending on a Reduction Date for the scheduled reduction to occur.

Appears in 1 contract

Samples: Credit Facility Agreement (Mercer International Inc.)

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