Failure to Specify Duration. If the Borrower fails, prior to the date the Eurodollar Rate for any Interest Period is determined by the Agent, to specify the duration of any Interest Period for any Eurodollar Rate Advances, the Interest Period shall be one month.
Appears in 3 contracts
Samples: Credit and Term Loan Agreement (Integrated Health Services Inc), Revolving Credit Agreement (Integrated Health Services Inc), Revolving Credit Agreement (Integrated Health Services Inc)
Failure to Specify Duration. If the Borrower fails, prior to the date the Eurodollar Rate for any Interest Period is determined by the AgentLender, to specify the duration of any Interest Period for any Eurodollar Rate Advances, the Interest Period shall be one month.
Appears in 1 contract
Failure to Specify Duration. If the Borrower fails, prior to the date the Eurodollar Rate for any Interest Period is determined by the Agent, Agent to specify the duration of any Interest Period for any Eurodollar Rate Advances, the such Interest Period shall be one month.
Appears in 1 contract