For LIBOR Loans Clause Samples

For LIBOR Loans. With an Interest Period of_____________4 The Borrower Agent hereby represents and warrants that the conditions specified in Section 6.2 of the Loan Agreement have been satisfied on and as of the date of such Borrowing. CAPELLA HEALTHCARE, INC., a Delaware corporation, as Borrower Agent By: Name: Title: [Senior Officer] (i) three (3) Business Days prior to the requested date of any Borrowing of LIBOR Loans and (ii) on the requested date of any Borrowing of Base Rate Loans. 2 Each Borrowing of LIBOR Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. 3 If the Borrower Agent fails to specify a Type of Loan then the applicable Loans will be made as Base Rate Loans.
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For LIBOR Loans with an Interest Period of months. The Company hereby represents and warrants that (a) after giving effect to any Borrowing of Revolving Loans or Swing Line Loans, (i) the Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment and (b) all of the conditions contained in Section 12.2 of the Credit Agreement have been satisfied on and as of the date hereof, and will continue to be satisfied on and as of the date of the Borrowing, conversion or continuation requested hereby, before and after giving effect thereto.
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For LIBOR Loans. With an Interest Period of4 The Borrower Agent hereby represents and warrants that the conditions specified in Section 6.2 of the Loan Agreement have been satisfied on and as of the date of such Borrowing. 1 Each notice of a Borrowing must be received by the Administrative Agent not later than 12:00 p.m. (i) three (3) Business Days prior to the requested date of any Borrowing of LIBOR Loans and (ii) on the requested date of any Borrowing of Base Rate Loans. 2 Each Borrowing of LIBOR Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. 3 If the Borrower Agent fails to specify a Type of Loan then the applicable Loans will be made as Base Rate Loans. 4 Pursuant to the definition of “Interest Period” in the Loan Agreement, the Borrower Agent may request a Borrowing of LIBOR Loans with an Interest Period of one, two, three, or six months (if available from all Lenders). If the Borrower Agent requests a Borrowing of LIBOR Loans, but fails to specify an Interest Period, then it will be deemed to have specified an Interest Period of one month. CAPELLA HEALTHCARE, INC., a Delaware corporation, as Borrower Agent By: Name: Title:
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For LIBOR Loans with an Interest Period of months.
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For LIBOR Loans. Notwithstanding anything to the contrary contained in this definition, the determination of the Applicable Margin for any period shall be subject to the provisions of Section 4.03(b).
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Related to For LIBOR Loans

  • LIBOR Loans Subject to the provisions hereof and provided that the Borrower has, by giving notice to the Administrative Agent in accordance with Section 5.2, requested the Lenders to continue to extend credit by way of a LIBOR Loan to replace all or a portion of an outstanding LIBOR Loan as it matures, each Lender shall, on the maturity of such LIBOR Loan, continue to extend credit to the Borrower by way of a LIBOR Loan (without a further advance of funds to the Borrower) in the principal amount equal to such Lender’s Pro Rata Share of the principal amount of the matured LIBOR Loan or the portion thereof to be replaced.

  • LIBOR Rate Loans During such periods as Revolving Loans shall be comprised of LIBOR Rate Loans, each such LIBOR Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • Booking of Eurodollar Rate Loans Any Lender may make, carry or transfer Eurodollar Rate Loans at, to, or for the account of any of its branch offices or the office of an Affiliate of such Lender.

  • Eurocurrency Rate Advances During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full.

  • Eurodollar Rate Loans After Default After the occurrence of and during the continuation of a Potential Event of Default or an Event of Default, (i) Company may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan and (ii) subject to the provisions of subsection 2.6D, any Notice of Borrowing or Notice of Conversion/Continuation given by Company with respect to a requested borrowing or conversion/continuation that has not yet occurred shall be deemed to be rescinded by Company.