Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower's indemnification Obligations under Section 4.6.2 (Indemnity), as to any Loan of the Bank to which a LIBO- Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 (
Appears in 2 contracts
Samples: Revolving Credit Facility (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc)
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower's ’s indemnification Obligations under Section 4.6.2 (5.10 [Indemnity)], as to any Loan of the Bank Lender to which a LIBO- LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 (5.6 [
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Chesapeake Utilities Corp), Revolving Credit Facility Agreement (Chesapeake Utilities Corp)
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower's indemnification Obligations under Section 4.6.2 (5.10 [Indemnity)], as to any Loan of the Bank Lender to which a LIBO- LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 (45
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Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower's indemnification Obligations under Section 4.6.2 (Indemnity), as to any Loan of the Bank to which a LIBO- LIBO-Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 (Section
Appears in 1 contract
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower's indemnification Obligations under Section 4.6.2 ([Indemnity)], as to any Loan of the Bank Lender to which a LIBO- LIBO-Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 ([
Appears in 1 contract
Samples: Revolving Credit Facility (Hovnanian Enterprises Inc)
Illegality; Increased Costs; Deposits Not Available. the Borrower Borrowers shall, subject to the Borrower's Borrowers’ indemnification Obligations under Section 4.6.2 (5.10 [Indemnity)], as to any Loan of the Bank Lender to which a LIBO- LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 4.4 (5.6 [Voluntary Prepayments]. Absent due notice {N0289348 2 } 55
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