Common use of Consolidation of Advances Clause in Contracts

Consolidation of Advances. If two or more Interest Periods end at the same time, then, on the last day of those Interest Periods, the Advances to which they relate shall be consolidated into and treated as a single Advance.

Appears in 5 contracts

Samples: Term Loan Agreement (Arco Chemical Co), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc)

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Consolidation of Advances. If two or more Interest Periods relating to Advances denominated in the same currency end at the same time, then, on the last day of those Interest Periods, the those Advances to which they relate shall be consolidated into and treated as a single Advance.

Appears in 1 contract

Samples: Multicurrency Term Facility Agreement (London Pacific Group LTD)

Consolidation of Advances. If two or more Interest Periods relating to Advances made under the same Facility end at the same time, then, on the last day of those Interest Periods, the those Advances to which they relate shall will be consolidated into and treated as a single Advance.

Appears in 1 contract

Samples: Facility Agreement (First Solar, Inc.)

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Consolidation of Advances. If two or more Interest Periods Periods: (i) relate to any Advances; and (ii) end at on the same timedate, thenthose Advances will be consolidated into, and treated as, a single Advance on the last day of those the Interest Periods, the Advances to which they relate shall be consolidated into and treated as a single AdvancePeriod.

Appears in 1 contract

Samples: Facility Agreement (Creative Technology LTD)

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