Common use of Effect On Other Loans Clause in Contracts

Effect On Other Loans. If notice has been given pursuant to Sections 10.1, 10.2 or 10.3 suspending the obligation of any Lender to make any LIBOR Loan, or requiring LIBOR Loans to be repaid or prepaid, then, unless and until Agent notifies Borrower that the circumstances giving rise to such repayment no longer applies, all LIBOR Loans that would have been made by such Lender shall be made instead as Reference Rate Loans.

Appears in 3 contracts

Samples: Loan and Security Agreement (Hercules Technology Growth Capital Inc), Loan and Security Agreement (Hercules Technology Growth Capital Inc), Loan and Security Agreement (Hercules Technology Growth Capital Inc)

AutoNDA by SimpleDocs

Effect On Other Loans. If notice has been given pursuant to Sections 10.19.1, 10.2 9.2, or 10.3 9.3 suspending the obligation of any Lender Bank to make any LIBOR Loan, or requiring LIBOR Loans to be repaid or prepaid, then, unless and until Agent Bank notifies Borrower that the circumstances giving rise to such repayment no longer appliesapply, all LIBOR Loans that would have been made by such Lender Bank shall be made instead as Reference Rate Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Overhill Farms Inc)

AutoNDA by SimpleDocs

Effect On Other Loans. If notice has been given pursuant to --------------------- Sections 10.1, 10.2 10.2, or 10.3 suspending the obligation of any Lender Bank to make any LIBOR ------------- ---- ---- Loan, or requiring LIBOR Loans to be repaid or prepaid, then, unless and until Agent Bank notifies Borrower that the circumstances giving rise to such repayment no longer appliesapply, all LIBOR Loans that would have been made by such Lender Bank shall be made instead as Reference Rate Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Polyphase Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.