Common use of Concerning Interest Periods Clause in Contracts

Concerning Interest Periods. (a) No Interest Period in respect of a Eurodollar Advance under a Loan shall end after the Maturity Date of such Loan. (b) With respect to Eurodollar Advances, any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. (c) If an Interest Period would otherwise end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day, unless, in the case of an Interest Period, the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day. (d) If the Borrower shall have failed timely to elect a Eurodollar Advance under paragraph 2.3 or 2.7, as the case may be, in connection with any borrowing of, conversion to, or continuation of, a Eurodollar Advance, such borrowing or such Advance requested to be converted to, or continued as, a Eurodollar Advance shall thereafter be a Federal Fund Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance pursuant to paragraph 2.7. (e) The Borrower shall not be permitted to have more than five Eurodollar Advances outstanding at any one time.

Concerning Interest Periods. (aA) No Interest Period in respect of a Eurodollar Advance under a Loan selected shall end after the Maturity Date of such LoanCommitment Termination Date. (bB) With respect to Eurodollar Advances, any Interest Period that which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding corre sponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. (cC) If an Interest Period would otherwise end on a day that which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day, unless, in the case of an Interest Period, unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day. (dD) If the Borrower shall have failed to timely to elect a Eurodollar Advance under paragraph 2.3 Section 2.2 or 2.73.3, as the case may be, in connection with any borrowing of, conversion to, or continuation of, a Eurodollar Advance, such borrowing or such Advance requested to be converted to, or continued as, a Eurodollar Advance shall thereafter be a Federal Fund an ABR Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance pursuant to paragraph 2.7Section 3.3. (eE) The Borrower shall not be permitted to have more than five eight Eurodollar Advances outstanding at any one time, it being agreed that each borrowing of a Eurodollar Advance pursuant to a single Credit Request shall constitute the making of one Eurodollar Advance for the purpose of calculating such limitation.

Concerning Interest Periods. (a) No Interest Period in respect of a Eurodollar Advance under a Loan shall end after the Revolving Maturity Date of such LoanDate. (b) With respect to Eurodollar Advances, any Any Interest Period that which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. (c) If an Interest Period would otherwise end on a day that which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day, unless, in the case of an Interest Period, unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day. (d) If the Borrower shall have failed to timely to elect a Eurodollar Advance under paragraph 2.3 or 2.7, as the case may be, Section 3.3 hereof in connection with any borrowing of, conversion to, or continuation of, a Eurodollar Advance, such borrowing or such Advance requested to be converted to, or continued as, a Eurodollar Advance shall thereafter be a Federal Fund an ABR Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance pursuant to paragraph 2.7Section 3.3 hereof. (e) The Borrower shall not be permitted to have more than five eight Eurodollar Advances outstanding at any one time.

Concerning Interest Periods. (aA) No Interest Period in respect of a Eurodollar Advance under comprising all or a portion of (i) a Facility A Loan shall end after the Facility A Maturity Date of such Loanor (ii) a Facility B Loan shall end after the Facility B Maturity Date. (bB) With respect to Eurodollar Advances, any Interest Period that which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. (cC) If an Interest Period would otherwise end on a day that which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day, unless, in the case of an Interest Period, unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day. (dD) If the Borrower shall have failed to timely to elect a Eurodollar Advance under paragraph 2.3 Section 2.2 or 2.73.3, as the case may be, in connection with any borrowing of, conversion to, or continuation of, a Eurodollar Advance, such borrowing or such Advance requested to be converted to, or continued as, a Eurodollar Advance shall thereafter be a Federal Fund an ABR Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance pursuant to paragraph 2.7Section 3.3. (eE) The Borrower shall not be permitted to have more than five Eurodollar Advances outstanding at any one time, it being agreed that each borrowing of a Eurodollar Advance pursuant to a single Borrowing Request shall constitute the making of one Eurodollar Advance for the purpose of calculating such limitation.

Concerning Interest Periods. (a) No Interest Period in respect of a Eurodollar Advance under a Loan selected shall end after the Revolving Loan Maturity Date of such LoanDate. (b) With respect to Eurodollar Advances, any Interest Period that which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. (c) If an Interest Period would otherwise end on a day that which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day, unless, in the case of an Interest Period, unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day. (d) If the Borrower shall have failed to timely to elect a Eurodollar Advance under paragraph 2.3 Section 2.2 or 2.73.3, as the case may be, in connection with any borrowing of, conversion to, or continuation of, a Eurodollar Advance, such borrowing or such Advance requested to be converted to, or continued as, a Eurodollar Advance shall thereafter be a Federal Fund an ABR Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance pursuant to paragraph 2.7Section 3.3. (e) The Borrower shall not be permitted to have more than five Eurodollar Advances outstanding at any one time, it being agreed that each borrowing of a Eurodollar Advance pursuant to a single Borrowing Request shall constitute the making of one Eurodollar Advance for the purpose of calculating such limitation.