Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower’s indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a 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 5.6 [
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Samples: Credit Agreement (Chesapeake Utilities Corp), Credit Agreement (Chesapeake Utilities Corp)
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower’s 's indemnification Obligations under Section 5.10 [4.6.2 (Indemnity]), as to any Loan of the Lender Bank to which a LIBOR 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 5.6 [4.4 (
Appears in 2 contracts
Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower’s 's indemnification Obligations under Section 5.10 [4.6.2 (Indemnity]), as to any Loan of the Lender Bank to which a LIBOR 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 5.6 4.4 [
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Illegality; Increased Costs; Deposits Not Available. the Borrower Borrowers shall, subject to the Borrower’s Borrowers’ indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a 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 5.6 [Voluntary Prepayments]. Absent due notice {N0289348 2 } 55
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Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower’s 's indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a 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 5.6 [45
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Samples: Credit Agreement (Gentex Corp)
Illegality; Increased Costs; Deposits Not Available. the Borrower shall, subject to the Borrower’s 's indemnification Obligations under Section 5.10 4.6.2 [Indemnity], as to any Loan of the Lender to which a LIBOR 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 5.6 4.4 [
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