Common use of Effect On Other Loans Clause in Contracts

Effect On Other Loans. (a) If notice has been given pursuant to Section 10.1, 10.2 or 10.3 suspending the obligation of any Lender to make or continue Eurodollar Option Loans, or requiring Eurodollar Option Loans of any Lender to be repaid or prepaid, then, unless and until such Lender notifies EnergySolutions that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made or continued as Eurodollar Option Loans shall, at the option of EnergySolutions, be made or continued instead as Base Rate Option Loans.

Appears in 3 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

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Effect On Other Loans. (a) If notice has been given pursuant to Section 10.1, 10.2 or 10.3 suspending the obligation of any Lender to make or continue Eurodollar Option Loans, or requiring Eurodollar Option Loans of any Lender to be repaid or prepaid, then, unless and until such Lender notifies EnergySolutions Duratek that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made or continued as Eurodollar Option Loans shall, at the option of EnergySolutionsDuratek, be made or continued instead as Base Rate Option Loans.

Appears in 3 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

Effect On Other Loans. (a) If notice has been given pursuant to Section 10.1, 10.2 or 10.3 suspending the obligation of any Lender to make or continue Eurodollar Option Term Loans, or requiring Eurodollar Option Term Loans of any Lender to be repaid or prepaid, then, unless and until such Lender notifies EnergySolutions that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made or continued as Eurodollar Option Term Loans shall, at the option of EnergySolutions, be made or continued instead as Base Rate Option Term Loans.

Appears in 1 contract

Samples: Second Lien Credit Agreement (EnergySolutions, Inc.)

Effect On Other Loans. (a) If notice has been given pursuant to Section 10.1, 10.2 or 10.3 suspending the obligation of any Lender to make or continue Eurodollar Option Loans, or requiring Eurodollar Option Loans of any Lender to be repaid or prepaid, then, unless and until such Lender notifies EnergySolutions the Borrowers' Agent that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made or continued as Eurodollar Option Loans shall, at the option of EnergySolutionsthe Borrowers, be made or continued instead as Base Rate Option Loans.

Appears in 1 contract

Samples: Credit Agreement (Gci Inc)

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Effect On Other Loans. (a) If notice has been given pursuant to Section 10.111.1, 10.2 11.2 or 10.3 11.3 92 suspending the obligation of any Lender Bank to make or continue any type of Eurodollar Option LoansLoan, or requiring Eurodollar Option Loans of any Lender Bank to be repaid or prepaid, then, unless and until such Lender Bank notifies EnergySolutions the Co-Borrowers that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made or continued by such Bank as to the type of Eurodollar Option Loans affected shall, at the option of EnergySolutionsthe Co-Borrowers, be made or continued instead as Base Rate Option Loans.

Appears in 1 contract

Samples: Credit Agreement (Housecall Medical Resources Inc)

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