Common use of Failure to select Interest Clause in Contracts

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 for consecutive Interest Periods each of such duration (not exceeding three months) as the Agent may select.

Failure to select Interest. Period If the Borrowers Borrower at any time fail fails to select or agree an Interest Period in accordance with Clause 6.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Paying Agent in accordance with Clause 6.4 for consecutive Interest Periods each of such duration (not exceeding three months) as the Paying Agent may select.

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.17.1 (Interest Periods), the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent Lender in accordance with Clause 6.4 7.5 (Interest rate) for consecutive an Interest Periods each Period of three (3) months or such other duration (not exceeding three months) as the Agent Lender may select.

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.1, 7.1 (Interest Periods) the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 7.6 (Interest rate) for consecutive an Interest Periods each Period of such duration (not exceeding three months) as the Agent may select.

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.17.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 7.5 for consecutive an Interest Periods each Period of such duration (not exceeding three months) as the Agent may select.

Failure to select Interest. Period PERIOD If the Borrowers at any time fail to select or to agree an Interest Period in accordance with Clause 6.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 for consecutive Interest Periods each of such duration (not exceeding three six months) as the Agent may in its discretion select.

Failure to select Interest. Period If the Borrowers at any time fail to select or to agree an Interest Period in accordance with Clause 6.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent Bank in accordance with Clause 6.4 for consecutive Interest Periods each of such duration (not exceeding three months) as the Agent Bank may in its discretion select.

Failure to select Interest. Period If the Borrowers Borrower at any time fail fails to select or agree an Interest Period in accordance with Clause 6.17.1 (Interest Periods), the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent Lender in accordance with Clause 6.4 7.6 (Interest rate) for consecutive an Interest Periods each Period of such duration (not exceeding three months) as the Agent Lender may select.

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.17.1 (Interest Periods), the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 7.6 (Interest rate) for consecutive an Interest Periods each Period of such duration (not exceeding three six months) as the Agent may select.

Failure to select Interest. Period If the Borrowers Borrower at any time fail fails to select or agree an Interest Period in accordance with Clause 6.17.1 (Interest Periods), the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 7.6 (Interest rate) for consecutive an Interest Periods each Period of such duration (not exceeding three (3) months) as the Agent may select.

Failure to select Interest. Period If the Borrowers at any time fail to select or agree an Interest Period in accordance with Clause 6.17.1 (Interest Periods), or Clause 7.4 (Fixed Interest Rate Option) the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 7.6 (Interest rate) for consecutive an Interest Periods each Period of such duration (not exceeding three months) as the Agent may select.

Failure to select Interest. Period If the Borrowers Borrower at any time fail fails to select or to agree an Interest Period in accordance with Clause 6.1, the interest rate applicable after the expiry of the then current Interest Period shall be the rate determined by the Agent in accordance with Clause 6.4 for consecutive Interest Periods each of such duration (not exceeding three six months) as the Agent may in its discretion select.