Common use of Duration of normal Interest Periods Clause in Contracts

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest Period) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of each Advance shall be: (a) 3 6 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 11.00 a.m. (Hamburg Frankfurt time) 5 3 Business Days before the commencement of the Interest Period; or (b) 6 months, if the Borrowers fail to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, Lenders may agree with the Borrower (failing which the Interest Period shall be three months)Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of each Advance shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower Borrowers to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest PeriodPeriod in respect of that Advance) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower Borrowers (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of each Advance shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower Borrowers to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest PeriodPeriod in respect of that Advance) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower Borrowers (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of the Advance shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower Borrowers to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest PeriodPeriod in respect of the Advance) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower Borrowers (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Each Interest Period shall be: (a) 3 3, 6, 9 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg time) 5 3 Business Days before the commencement of the Interest Period; or; (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a) above; or (c) such other period as the Agent may, with the authorisation of the Majority Lenders' authority, agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4Clause 6.3, each Interest Period shall be: (a) 3 3, 6, 9 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg time) 5 3 Business Days before the commencement of the Interest Period; (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a) above; or (c) such other period as the Agent may, with the authorisation of the Majority Lenders' authority, agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of a Tranche shall be: (a) 3 or 6 months; or (b) such other period (months as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 11.00 a.m. (Hamburg time) 5 3 Business Days before the commencement of the that Interest Period; (b) 3 months, if the Borrowers fail to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months)Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 or 6 months; or (b) such other period (months as proposed notified by the Borrower to the Agent not later than 11:00 a.m. 11.00 am (Hamburg London time) 5 3 Business Days before the commencement of the initial Interest Period; or (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of the Majority Lenders' authority, agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 5.3 and 6.45.4, each Interest Period shall be: (a) 3 or 6 months; or (b) such other period (as proposed the Lender may agree with the Borrower and notified by the Borrower to the Agent Lender not later than 11:00 a.m. 11.00 am (Hamburg Copenhagen time) 5 2 Business Days before the commencement of the Interest Period) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of the Advance shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower Borrowers to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest PeriodPeriod in respect of the Advance) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower Borrowers (failing which the Interest Period shall be three months).

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of each Advance shall be: (a) 3 or 6 months; or (b) such other period (as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 a.m. (Hamburg time) 5 2 Business Days before the commencement of the Interest PeriodPeriod in respect of that Advance) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months)Borrowers subject to availability of LIBOR.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 1, 2, 3, or 6 months; or (b) such other period (months as proposed notified by the Borrower to the Agent not later than 11:00 a.m. (Hamburg New York time) 5 three (3) Business Days before the commencement of the Interest Period; (b) as in the Agent may, with the authorisation case of the Majority Lendersfirst Interest Period applicable to each Advance other than the first Advance, agree with a period ending on the Borrower (failing which last day of the Interest Period applicable to the prior Advances then outstanding, whereupon all Advances shall be three months).consolidated and treated as a single Advance;

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 1 or 3 or 6 months; or (b) such other period (months as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 11.00 a.m. (Hamburg Oslo time) 5 Business Days (or such longer period as the Agent and the Borrowers may agree) before the commencement of the Interest Period; or (b) 3 months, if the Borrowers fail to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months)Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 3, 6 or 6 months; or (b) such other period (9 months as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 11.00 a.m. (Hamburg Paris time) 5 3 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrowers fail to notify the Agent by the time specified in paragraph (a) above; or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, may agree with the Borrower (failing which the Interest Period shall be three months)Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 1, 3, 6 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg London time) 5 3 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of all the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 3, 6, 9 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg London time) 5 3 Business Days before the commencement of the Interest Period; or (b) as in the Agent may, with the authorisation case of the Majority Lendersfirst Interest Period applicable to the second and any subsequent Advance, agree with a period ending on the Borrower (failing which last day of the Interest Period applicable to the first Advance then current, whereupon all of the Advances shall be three months).consolidated and treated as a single Advance;

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 3, 6 or 6 months; or (b) such other period (9 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg Paris time) 5 3 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a) above; or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, may agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 5.3 and 6.45.4, each Interest Period shall be: (a) 3 3, 6, 9 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent Lender not later than 11:00 11.00 a.m. (Hamburg time) 5 2 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrower fails to notify the Lender by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of the Majority Lenders, Lender may agree with the Borrower (failing which the Interest Period shall be three months)Borrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 3, 6, 9 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower Borrowers to the Agent not later than 11:00 11.00 a.m. (Hamburg Rotterdam time) 5 2 Business Days before the commencement of the Interest Period; or (b) as in the Agent may, with the authorisation case of the Majority Lendersfirst Interest Period applicable to the second and each subsequent Tranche, agree with a period ending on the Borrower (failing which last day of the Interest Period applicable to the first Tranche then current, whereupon all Tranches shall be three months).consolidated and treated as the Loan;

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 or 6 months; or (b) such other period (months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg London time) 5 3 Business Days before the commencement of the Interest Period; or (b) as in the Agent may, with the authorisation case of the Majority Lendersfirst Interest Period applicable to the second and any subsequent Advance, agree with a period ending on the Borrower (failing which last day of the Interest Period applicable to the first Advance then current, whereupon all of the Advances shall be three months).consolidated and treated as a single Advance;

Duration of normal Interest Periods. Subject to Clauses 6.3 6,3 and 6.4, each Interest Period shall be: (a) 3 1, 3, 6 or 6 months; or (b) such other period (12 months as proposed notified by the Borrower to the Agent not later than 11:00 11.00 a.m. (Hamburg time) 5 2 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrower fails to notify the Agent by the time specified in paragraph (a); or (c) such other period as the Agent may, with the authorisation of all the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months)Borrower.