Common use of Continuation of LIBOR Portions Clause in Contracts

Continuation of LIBOR Portions. Provided that as of both the date of the LIBOR Request and the first day of the Interest Period, no Default or Event of Default exists, Borrower, on its own behalf and on behalf of each other Co-Borrower, may, on any Business Day, continue any LIBOR Portions into a subsequent Interest Period of the same or a different permitted duration. If Borrower desires to continue a LIBOR Portion, Borrower shall give Agent a LIBOR Request no later than 11:00 a.m. (Chicago, Illinois time) on the third Business Day prior to the requested continuation date. After giving effect to any continuation of LIBOR Portions, Co-Borrowers shall not be permitted to have outstanding at any one time LIBOR Portions with more than four (4)

Continuation of LIBOR Portions. Provided that that, as of both the date of the LIBOR Request and the first day of the Interest Period, no Default or Event of Default existshas occurred and is continuing, Borrower, on its own behalf and on behalf of each other Co-Borrower, Borrowers may, on any Business Day, continue any LIBOR Portions into a subsequent Interest Period of the same or a different permitted duration. If Borrower desires Borrowers desire to continue a LIBOR Portion, Borrower Representative, on its own behalf and on behalf of all other Borrowers, shall give Administrative Agent a LIBOR Request no later than 11:00 a.m. (Chicago, Illinois time) on the third Business Day prior to the requested continuation date. After giving effect to any continuation of LIBOR Portions, Co-Borrowers shall not be permitted to have outstanding at any one time LIBOR Portions with more than four ten (410)

Continuation of LIBOR Portions. Provided that as of both the date of the LIBOR Request and the first day of the Interest Period, no Default or Event of Default exists, BorrowerETI, on its own behalf and on behalf of each other Co-Borrower, may, on any Business Day, continue any LIBOR Portions into a subsequent Interest Period of the same or a different permitted duration. If Borrower desires Borrowers desire to continue a LIBOR Portion, Borrower ETI, on behalf of each Borrower, shall give Agent a LIBOR Request no later than 11:00 a.m. (Chicago, Illinois time) on the third Business Day prior to the requested continuation date. After giving effect to any continuation of LIBOR Portions, Co-Borrowers shall not be permitted to have outstanding at any one time LIBOR Portions with more than four three (43)