Common use of Election of Eurodollar Pricing Options Clause in Contracts

Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the Borrower may from time to time, by irrevocable notice to the Administrative Agent, actually received not less than two (2) Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a Loan as the Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 3 contracts

Samples: Credit Agreement (Energy Transfer Partners, L.P.), Credit Agreement (Energy Transfer Partners Lp), Credit Agreement (Energy Transfer Partners Lp)

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Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the any Borrower may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a Loan the Revolving Loans as the such Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 2 contracts

Samples: Credit Agreement (Pediatrix Medical Group Inc), Credit Agreement (Pediatrix Medical Group Inc)

Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the Borrower may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such noticenotice (except for the 10 Banking Days prior notice required by Section 2.1.3.), elect to have such portion of a Loan as the Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Heritage Propane Partners L P)

Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof of the Revolving Credit Agreement and so long as no Default exists, the Borrower may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) the Banking Days Day immediately prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a Loan as the Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Revolving Credit Agreement (Heritage Propane Partners L P)

Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the Borrower may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a the Loan as the Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

Election of Eurodollar Pricing Options. Subject to all of the -------------------------------------- terms and conditions hereof and so long as no Default exists, the Borrower Company may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a the Loan as the Borrower Company may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Oil Co)

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Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the Borrower may from time to time, by irrevocable notice to the Administrative Agent, actually received not less than two one (21) Banking Days Day prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a Loan as the Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Heritage Propane Partners L P)

Election of Eurodollar Pricing Options. Subject to all of -------------------------------------- the terms and conditions hereof and so long as no Default exists, the Borrower Company may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a the Loan (excluding the Swingline Loan) as the Borrower Company may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

Election of Eurodollar Pricing Options. Subject to all of the terms and conditions hereof and so long as no Default exists, the any Borrower may from time to time, by irrevocable notice to the Administrative Agent, Agent actually received not less than two (2) three Banking Days prior to the commencement of the Eurodollar Interest Period selected in such notice, elect to have such portion of a the Revolving Loan as the such Borrower may specify in such notice accrue and bear interest during the Eurodollar Interest Period so selected at the Applicable Rate computed on the basis of the Eurodollar Rate. No such election shall become effective:

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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