Common use of different Interest Periods Clause in Contracts

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 4 contracts

Samples: Credit Agreement (Cultural Access Worldwide Inc), Short Term Credit Agreement (Healthsouth Corp), Short Term Credit Agreement (Healthsouth Corp)

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different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section Sections 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert convert such Loan to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Headway Corporate Resources Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.01(c) or 2.82.09, the Borrower shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan in Dollars until the Borrower notifies the Agent in accordance with Section 2.82.09.

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Modis Professional Services Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Revolving Loan to or Continuation of a Revolving Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan Segment to (or Continue such Loan Segment as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Gerald Stevens Inc/)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert convert such Loan to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Windmere Durable Holdings Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert convert such Loan Segment to (or Continue continue such Loan Segment as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Bridge Credit Agreement (Healthsouth Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.9, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.9.

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower Borrowers shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies Borrowers notify the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Miller Industries Inc /Tn/)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the --------------------- Borrower shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.. -----------

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.11, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.11.

Appears in 1 contract

Samples: Credit Agreement (Saratoga Beverage Group Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.1(d) or 2.82.9, the Borrower shall be deemed to have elected to Convert convert such Loan Segment to (or Continue continue such Loan Segment as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.9.

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

different Interest Periods. If the Administrative Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.9, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Administrative Agent in accordance with Section 2.82.9.

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan Loans to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Sheridan Healthcare Inc)

different Interest Periods. If the Administrative Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.9, the Borrower shall be deemed to have elected to Convert convert such Revolving Loan to (or Continue continue such Revolving Loan as) a Base Rate Loan until the Borrower notifies the Administrative Agent in accordance with Section 2.82.9.

Appears in 1 contract

Samples: Credit Agreement (Medpartners Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.1(d) or 2.8, the applicable Borrower or Borrowers shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan until the applicable Borrower or Borrowers notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(cSECTION 2.1(C) OR 2.8, or 2.8if a Default or Event of Default shall exist, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section SECTION 2.8.

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Watsco Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section SECTION 2.1(c) or OR 2.8, the Borrower shall be deemed to have elected to Convert convert such Loan to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section SECTION 2.8.

Appears in 1 contract

Samples: Credit Agreement (Delta Beverage Group Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.01(c) or 2.82.08, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.08.

Appears in 1 contract

Samples: Revolving Credit Agreement (Acsys Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.11, the Borrower shall be deemed to have elected to Convert a one (1) month Interest Period for such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.11.

Appears in 1 contract

Samples: Credit Agreement (Saratoga Beverage Group Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan Segment to (or Continue such Loan Segment as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.or

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

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different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion conversion of any Loan to or Continuation continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(cSECTION 2.1(C) OR 2.8, or 2.8if a Default or Event of Default shall exist, the Borrower shall be deemed to have elected to Convert convert such Loan to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section SECTION 2.8.

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Watsco Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the applicable Borrower shall be deemed to have elected to Convert such Loan Segment to (or Continue such Loan Segment as) a Base Rate Loan until the such Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.01(b) or 2.82.08, the Borrower shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan in Dollars until the Borrower notifies the Agent in accordance with Section 2.82.08.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Modis Professional Services Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.01(c) or 2.82.08, the Borrower shall be deemed to have elected to --------------- ---- Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.2.08. ------------

Appears in 1 contract

Samples: Revolving Credit Agreement (Acsys Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c3.1(c) or 2.83.8 hereof, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.have

Appears in 1 contract

Samples: Credit Agreement (Windmere Durable Holdings Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan Loans to (or Continue continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.82.7, the applicable Borrower shall be deemed to have elected to Convert such for any Eurodollar Loan to an Interest Period of the duration provided in clause (or Continue such Loan asx) a Base Rate Loan until of the Borrower notifies the Agent in accordance with Section 2.8definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Revolving Loan to or Continuation of a Revolving Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(cSECTION 2.1(C) or OR 2.8, the Borrower shall be deemed to have elected to Convert such Revolving Loan to (or Continue such Revolving Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section SECTION 2.8.

Appears in 1 contract

Samples: Credit Agreement (Correctional Properties Trust)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.01(c) or 2.82.09, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.09.

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Accustaff Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the applicable Borrower shall be deemed to have elected to Convert such for any Eurodollar Loan to an Interest Period of the duration provided in clause (or Continue such Loan asx) a Base Rate Loan until of the Borrower notifies the Agent in accordance with Section 2.8definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any 45 50 Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c3.1(c) or 2.83.8 hereof, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.83.8 hereof.

Appears in 1 contract

Samples: Credit Agreement (Windmere Durable Holdings Inc)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c2.1(c)(i) or 2.82.8 hereof, the Borrower shall be deemed to have elected to request such Advance to be, or Convert such Loan to (to, or Continue such Loan as) , a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.82.8 hereof.

Appears in 1 contract

Samples: Credit Agreement (Data General Corp)

different Interest Periods. If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan segment to (or Continue such Loan segment as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

Appears in 1 contract

Samples: Credit Agreement (Sykes Healthplan Services Inc)

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