Failure to Elect Interest Period. If upon the expiration of any Interest Period applicable to Eurodollar Loans, the Borrower has failed to timely select a new Interest Period, such Loans shall automatically convert into Base Rate Loans.
Appears in 5 contracts
Samples: Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Nexstar Finance Inc)
Failure to Elect Interest Period. If upon the expiration of any -------------------------------- Interest Period applicable to Eurodollar Loans, the Borrower has failed to timely select a new Interest Period, such Loans shall automatically convert into Base Rate Loans.
Appears in 1 contract
Failure to Elect Interest Period. If upon the expiration of -------------------------------- any Interest Period applicable to Eurodollar Loans, the Borrower has failed to timely select a new Interest Period, such Loans shall automatically convert into Base Rate Loans.
Appears in 1 contract
Samples: Credit Agreement (Nexstar Broadcasting of the Wichita Falls LLC)
Failure to Elect Interest Period. If upon the expiration of -------------------------------- any Interest Period applicable to Eurodollar Loans, the Borrower has Borrowers have failed to timely select a new Interest Period, such Loans shall automatically convert into Base Rate Loans.
Appears in 1 contract
Samples: Credit Agreement (Nexstar Broadcasting of the Wichita Falls LLC)
