Common use of Determination of Interest Period Clause in Contracts

Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 2 contracts

Samples: Second Priority Loan Agreement (Northpoint Communications Group Inc), First Priority Loan Agreement (Northpoint Communications Group Inc)

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Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b3.2(b), a the applicable Borrower shall have the option, subject to the other --------------- provisions of this Section 2.073.3, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (Roadmaster Industries Inc)

Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (Paetec Corp)

Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (Paetec Corp)

Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b3.2(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.073.3, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a oneone (1), twotwo (2), or three or six (3) month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (Imation Corp)

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Determination of Interest Period. By giving notice as set forth in -------------------------------- Section 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (KMC Telecom Holdings Inc)

Determination of Interest Period. By giving notice as set forth -------------------------------- in -------------------------------- Section 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (Paetec Corp)

Determination of Interest Period. By giving notice as set forth in -------------------------------- Section SECTION 2.06(b), a Borrower shall have the option, subject to the other --------------- provisions of this Section SECTION 2.07, to specify whether the Interest Period for such ------------ LIBOR Loan shall be a one, two, three or six month period. The determination of Interest Periods shall be subject to the following provisions:

Appears in 1 contract

Samples: Loan and Security Agreement (KMC Telecom Holdings Inc)

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