Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Borrower of that Facility A Loan to make the Repayment Instalment due on that Facility A Repayment Date.
Appears in 2 contracts
Samples: Facility Agreement (Allied Healthcare International Inc), Agreement (Allied Healthcare International Inc)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure there are sufficient Facility A Loans (with an aggregate Base Currency Amount equal to or greater than the Repayment Instalment) which have an Interest Period ending on a Facility A Repayment Date for the Borrower of that Facility A Loan Borrowers to make the Repayment Instalment due on that Facility A Repayment Datedate.
Appears in 2 contracts
Samples: Agreement (Solutia Inc), Multicurrency Term and Revolving Facilities Agreement (Solutia Inc)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A the Loan, the Agent may shorten an Interest Period for any Facility A that Loan to ensure that there are sufficient Facility A Loans is a Loan with an aggregate amount equal to the Repayment Instalment and an Interest Period ending on a Facility A Repayment Date for the Borrower of that Facility A Loan to make the Repayment Instalment due on that Facility A Repayment Date.
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Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Term Loan, the Agent may shorten an Interest Period for any Facility A Term Loan to ensure there are sufficient Facility A Term Loans (with an aggregate Base Currency Amount equal to or greater than the Repayment Instalment) which have an Interest Period ending on a Facility A Repayment Date date for the Borrower of that Facility A Loan Borrowers to make the Repayment Instalment due on that Facility A Repayment Datedate.
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