Duration and selection Revolving Credit Facility. The Borrower shall select the Interest Period for each Drawing in each relevant Drawdown Notice for the Revolving Credit Facility, and the Interest Period shall commence on the Drawdown Date of each such Drawing. Each Interest Period shall be for a period of three (3) or six (6) months, or such other period acceptable to the Commercial Lenders.
Appears in 4 contracts
Samples: Guarantee Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Fourth Supplemental Agreement (KNOT Offshore Partners LP)