Common use of Concerning Interest Periods Clause in Contracts

Concerning Interest Periods. (a) No Interest Period shall end after the Maturity Date. (b) Any Interest Period that begins on the last Euro 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 Euro Business Day of a calendar month, (c) If an Interest Period would otherwise end on a day which is not a Euro Business Day, such Interest Period shall be extended to the next succeeding Euro Business Day unless (i) such next succeeding Euro Business Day would be a date on or after the Maturity Date, in which event such Interest Period shall end on the next preceding Euro Business Day, or (ii) 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 Euro Business Day, (d) If the Borrower shall have failed, for any reason, to elect a Eurodollar Advance or Alternate Currency Loan, as the case may be, under Sections 2.2 or 3.3, as the case may be, in connection with any borrowing of new Revolving Loans or expiration of an Interest Period with respect to any existing Eurodollar Advance or Alternate Currency Loan, as the case may be, the amount of the Revolving Loans subject to such borrowing or such existing Eurodollar Advance or Alternate Currency Loan, as the case may be, shall, except as otherwise provided in Section 3.6(c), thereafter be (i) in the case of a Eurodollar Advance, an ABR Advance, and (ii) in the case of an Alternate Currency Loan, a new Alternate Currency Loan in the same applicable Currency with a one month Interest Period, in each case until such time, if any, as the Borrower shall elect a new Eurodollar Advance or Alternate Currency Loan, as the case may be, pursuant to Section 3.3. (e) At no time shall the aggregate outstanding number (whether as a result of borrowings or conversions), of (i) all Eurodollar Advances exceed eight, and (ii) all Alternate Currency Loans exceed five. (f) Notwithstanding anything herein to the contrary, during the Syndication Period, the Borrower may only select Interest Periods of not greater than one month all of which shall commence on the same date and end on the same date.

Concerning Interest Periods. (a) No Interest Period in respect of a Eurodollar Advance comprising all or a portion of a Loan shall end (i) after the Revolving Maturity Date in the case of Eurodollar Advances constituting Revolving Loans, or (ii) after the Term Loan Maturity Date or Incremental Term Loan Maturity Date, as applicable in the case of Eurodollar Advances constituting Term Loans. (b) Any With respect to Eurodollar Advances, any Interest Period that which begins on the last Euro 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 Euro Business Day of a calendar month,. (c) If an Interest Period would otherwise end on a day which is not a Euro Business Day, such Interest Period shall be extended to the next succeeding Euro Business Day unless (i) such next succeeding Euro Business Day would be a date on or after the Maturity Date, in which event such Interest Period shall end on the next preceding Euro Business Day, or (ii) 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 Euro Business Day,. (d) If the Borrower shall have failed, for any reason, failed to timely elect a Eurodollar Advance or Alternate Currency Loan, as the case may be, under Sections Section 2.2 or 3.3, as the case may be, in connection with any borrowing of new Revolving Loans Borrowing of, conversion to, or expiration of an Interest Period with respect to any existing Eurodollar Advance or Alternate Currency Loancontinuation of, as the case may be, the amount of the Revolving Loans subject to such borrowing or such existing Eurodollar Advance or Alternate Currency Loan, as the case may be, shall, except as otherwise provided in Section 3.6(c), thereafter be (i) in the case of a Eurodollar Advance, an ABR Advancesuch Borrowing or such Advance requested to be converted to, and (ii) in the case of an Alternate Currency Loanor continued as, a new Alternate Currency Loan in the same applicable Currency with Eurodollar Advance shall thereafter be a one month Interest Period, in each case Base Rate Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance or Alternate Currency Loan, as the case may be, pursuant to Section 3.3. (e) At no time The Borrower shall the aggregate outstanding number not be permitted to have more than twelve (whether as a result of borrowings or conversions), of (i12) all Eurodollar Advances exceed eightoutstanding at any one time, it being agreed that each borrowing of a Eurodollar Advance pursuant to a single Borrowing Request and (ii) all Alternate Currency Loans exceed fiveeach continuation of or conversion to a Eurodollar Advance shall each constitute the making of a Eurodollar Advance for the purpose of calculating such limitation. (f) Notwithstanding anything herein to the contrary, during the Syndication Period, the Borrower may only select Interest Periods of not greater than one month all of which shall commence on the same date and end on the same date.

Concerning Interest Periods. (a) No Interest Period in respect of a Eurodollar Advance under a Revolving Loan shall end after the Revolving Commitment Termination Date, and no Interest Period in respect of a Eurodollar Advance under a Term Loan shall end after the Maturity Date. (b) Any With respect to Eurodollar Advances, any Interest Period that which begins on the last Euro 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 Euro Business Day of a calendar month,. (c) If an Interest Period would otherwise end on a day which is not a Euro Business Day, such Interest Period shall be extended to the next succeeding Euro Business Day unless (i) such next succeeding Euro Business Day would be a date on or after the Maturity Date, in which event such Interest Period shall end on the next preceding Euro Business Day, or (ii) unless, in the case of a 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 Euro Business Day,. (d) If the Borrower shall have failed, for any reason, failed to timely elect a Eurodollar Advance or Alternate Currency Loan, as the case may be, under Sections Section 2.2 or 3.3, as the case may be, in connection with any borrowing of new Revolving Loans of, conversion to, or expiration of an Interest Period with respect to any existing continuation of, a Eurodollar Advance or Alternate Currency LoanAdvance, as the case may be, the amount of the Revolving Loans subject to such borrowing or such existing Eurodollar Advance or Alternate Currency Loan, as the case may be, shall, except as otherwise provided in Section 3.6(c), thereafter be (i) in the case of a Eurodollar Advance, an ABR Advance, and (ii) in the case of an Alternate Currency Loan, a new Alternate Currency Loan in the same applicable Currency with a one month Interest Period, in each case until such time, if any, as the Borrower shall elect a new Eurodollar Advance or Alternate Currency Loan, as the case may be, pursuant to Section 3.3. (e) At no time The Borrower shall the aggregate outstanding number (whether as a result of borrowings or conversions), of (i) all not be permitted to have more than eight Eurodollar Advances exceed eightoutstanding at any one time, and (ii) all Alternate Currency Loans exceed fiveit 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. (f) Notwithstanding anything herein to the contrary, during (i) until the earlier of the end of the Syndication Period or the last day of the fourth week after the consummation of each of the Pending Acquisitions, the Borrower may only select Interest Periods of one week as set forth in the proviso to the definition of Interest Period, all of which shall commence on the same date and end on the same date, and (ii) if the Syndication Period has not expired on or before the fourth week after the consummation of each of the Pending Acquisitions, until the end of the Syndication Period, the Borrower may only select Interest Periods of not greater than one month as set forth in the proviso to the definition of Interest Period, all of which shall commence on the same date and end on the same date.

Concerning Interest Periods. (aA) No Interest Period in respect of a Eurodollar Advance under a Revolving Loan shall end after the Revolving Commitment Termination Date, and no Interest Period in respect of a Eurodollar Advance under a Term Loan shall end after the Term Loan Maturity Date. (bB) Any With respect to Eurodollar Advances, any Interest Period that which begins on the last Euro 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 Euro Business Day of a calendar month,. (cC) If an Interest Period would otherwise end on a day which is not a Euro Business Day, such Interest Period shall be extended to the next succeeding Euro Business Day unless (i) such next succeeding Euro Business Day would be a date on or after the Maturity Date, in which event such Interest Period shall end on the next preceding Euro Business Day, or (ii) unless, in the case of a 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 Euro Business Day,. (dD) If the Borrower shall have failed, for any reason, failed to timely elect a Eurodollar Advance or Alternate Currency Loan, as the case may be, under Sections Section 2.2 or 3.3, as the case may be, in connection with any borrowing of new Revolving Loans of, conversion to, or expiration of an Interest Period with respect to any existing continuation of, a Eurodollar Advance or Alternate Currency LoanAdvance, as the case may be, the amount of the Revolving Loans subject to such borrowing or such existing Advance requested to be converted to, or continued as, a Eurodollar Advance or Alternate Currency Loan, as the case may be, shall, except as otherwise provided in Section 3.6(c), shall thereafter be (i) in the case of a Eurodollar Advance, an ABR Advance, and (ii) in the case of an Alternate Currency Loan, a new Alternate Currency Loan in the same applicable Currency with a one month Interest Period, in each case Advance until such time, if any, as the Borrower shall elect a new Eurodollar Advance or Alternate Currency Loan, as the case may be, pursuant to Section 3.3. (eE) At no time The Borrower shall the aggregate outstanding number (whether as a result of borrowings or conversions), of (i) all not be permitted to have more than eight Eurodollar Advances exceed eightoutstanding at any one time, and (ii) all Alternate Currency Loans exceed fiveit 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. (f) Notwithstanding anything herein to the contrary, during the Syndication Period, the Borrower may only select Interest Periods of not greater than one month all of which shall commence on the same date and end on the same date.