Common use of Determination of Interest Period Clause in Contracts

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.4, the Borrower shall have the option, subject to the other provisions of this Section 2.15.1, to specify whether the Interest Period commencing on the date specified therein shall be a one, two, three, or six-month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any time.

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.4, the Borrower shall have the option, subject to the other provisions of this Section 2.15.12.14.1, to specify whether the Interest Period commencing on the date specified therein shall be a one, two, three, six or six-twelve month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeDate.

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.4, the Borrower shall have the option, subject to the other provisions of this Section 2.15.12.14.1, to specify whether the Interest Period commencing 45 47 on the date specified therein shall be a one, two, three, three or six-month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeDate.

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.42.2.5, the Domestic Borrower shall have the option, subject to the other provisions of this Section 2.15.12.11.1, to specify whether the Interest Period commencing on the date specified therein shall be a one, two, two or three, or six-month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Revolving Commitment Period Expiration Date, or the Term Loan Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeDate, as applicable.

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.4, the Borrower shall have the option, subject to the other provisions of this Section 2.15.12.14.1, to specify whether the Interest Period commencing on the date specified therein shall be a one, two, three, three or six-month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeDate.

Determination of Interest Period. By giving notice to Agent as set forth in Section 2.10 above with respect to a Notice borrowing of Borrowing pursuant a LIBOR Advance, or with respect to Section 2.2.4a conversion into or continuation of a LIBOR Advance, the Borrower shall have the optionRepresentative shall, subject to the other provisions of this Section 2.15.12, to specify whether the applicable Interest Period. The determination of the Interest Period commencing shall be subject to the following provisions: (a) the initial Interest Period for any LIBOR Advance shall commence on the date specified therein of such LIBOR Advance which shall be a one, two, three, or six-month period; provided that: (a) in the case of immediately successive Interest Periods, Business Day and each successive Interest Period (if any) occurring thereafter for such LIBOR Advance shall commence on the day on which the next preceding Interest Period for such LIBOR Advance expires; ; (b) if any Interest Period would otherwise would expire on a day that which is not a Business Day, that such Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that which is not a after the last Business Day but is a day of the last month after which no further Business Day occurs in that monthof such Interest Period, that such Interest Period shall expire on the immediately next preceding Business Day; ; (c) any there shall be no more than five (5) 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 Periods in the calendar month aggregate in effect at the end of such Interest Period) shall, subject to paragraph (d) below, end on the last Business Day of a calendar monthany one time; and and (d) no Interest Period for any Loan shall extend may be selected which extends beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeTerm.

Determination of Interest Period. By giving a Notice of Borrowing pursuant to Section 2.2.42.2.5, the Borrower shall have the option, subject to the other provisions of this Section 2.15.12.11.1, to specify whether the Interest Period commencing on the date specified therein shall be a one, two, two or three, or six-month period; provided that: (a) in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the day on which the next preceding Interest Period expires; (b) if any Interest Period otherwise would expire on a day that is not a Business Day, that Interest Period shall be extended to expire on the next succeeding Business Day; provided, however, that if any such Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in that month, that Interest Period shall expire on the immediately preceding Business Day; (c) 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, subject to paragraph (d) below, end on the last Business Day of a calendar month; and (d) no Interest Period for any Loan shall extend beyond the Maturity Date for such Loan; and (e) there shall not be more than four Interest Periods in effect with respect to the Loans at any timeRevolving Commitment Period Expiration Date.