Common use of Interest Election Notice Clause in Contracts

Interest Election Notice. To make an election pursuant to this Section 2.07, the Borrower shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than 11:00 a.m., New York City time, three Business Days prior to the end of the then applicable Interest Period, in the case of a Eurodollar Loan, or and in the case of an ABR Loan, 12:00 Noon (New York City time), at least one Business Day prior to the desired date of conversion to or continuation of a Eurodollar Loan. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Appears in 1 contract

Samples: Term Loan Agreement (Nabors Industries LTD)

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Interest Election Notice. To make an election pursuant to this Section 2.07Section, the Borrower shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than 11:00 a.m., New York City time, (i) three (3) Business Days prior to before the end proposed date of the then applicable Interest Periodconversion or continuation, in the case of a Eurodollar LoanLoans, and (ii) not later than 11:00 a.m. New York City time, on the proposed date of conversion or and continuation, in the case of an ABR Loan, 12:00 Noon (New York City time), at least one Business Day prior to the desired date of conversion to or continuation of a Eurodollar LoanLoans. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies Lp)

Interest Election Notice. To make an election pursuant to this Section 2.07Section, the Borrower Borrowers shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent (i) in the case of an election for conversion to a Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days prior to before the end proposed effective date of the then applicable Interest Period, in the case of a Eurodollar Loan, or such election and (ii) in the case of an election for conversion to an ABR LoanBorrowing, 12:00 Noon (not later than 9:00 a.m., New York City time), at least one on the Business Day prior to the desired proposed effective date of conversion to or continuation of a Eurodollar Loansuch election. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

Interest Election Notice. To make an election pursuant to this Section 2.072.08, the Borrower shall deliver, by hand delivery delivery, e-mail or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than 11:00 a.m., New York City time, three Business Days prior to the end of the then applicable Interest Period, in the case of a Eurodollar Loan, or and in the case of an ABR Loan, 12:00 Noon (New York City time), at least one Business Day prior to the desired requested date of conversion to or any continuation of a Eurodollar LoanLoans or any conversion of ABR Loans to Eurodollar Loans. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, Inc.)

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Interest Election Notice. To make an election pursuant to this Section 2.072.09, the Borrower shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than 11:00 a.m., New York City time, three Business Days prior to the end of the then applicable Interest Period, in the case of a Eurodollar Loan, or and in the case of an ABR Loan, 12:00 Noon (New York City time), at least one Business Day prior to the desired date of conversion to or continuation of a Eurodollar Loan. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Appears in 1 contract

Samples: Term Loan Agreement (Nabors Industries LTD)

Interest Election Notice. To make an election pursuant to this Section 2.07Section, the Borrower shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than 11:00 a.m., New York City time, (i) three (3) Business Days prior to before the end proposed date of the then applicable Interest Periodconversion or continuation, in the case of a Eurodollar LoanLoans, and (ii) not later than 11:00 a.m. New York City time, on the proposed date of conversion or and continuation, in the case of an ABR Loan, 12:00 Noon (New York City time), at least one Business Day prior to the desired date of conversion to or continuation of a Eurodollar LoanLoans. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information 38669945_32 in compliance with Section 2.02:

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies, Inc.)

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