Interest Election Request Clause Samples

Interest Election Request. To make an election pursuant to this Section 2.08, Borrowers shall deliver, by facsimile, a duly completed and executed Interest Election Request to the Administrative Agent not later than the time that a Borrowing Request would be required under Section 2.03 if Borrowers were requesting a Loan of the Type resulting from such election to be made on the effective date of such election. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02: (i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, or if outstanding Borrowings are being combined, allocation to each resulting Borrowing (in which case the information to be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing); (ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; (iii) whether the resulting Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; and (iv) if the resulting Borrowing is a Eurodollar Borrowing, the Interest Period to be applicable thereto after giving effect to such election, which shall be a period contemplated by the definition of the term “Interest Period.” If any such Interest Election Request requests a Eurodollar Borrowing but does not specify an Interest Period, then Borrowers shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting Borrowing.

Interest Election Request. To make an election pursuant to this Section, Borrower shall notify Lender of such election by telephone (i) in the case of a Eurodollar Borrowing, not later than 11:00 a.m., Los Angeles, California time, three Business Days before the date of the proposed Borrowing or (ii) in the case of a CBFR Borrowing, not later than 11:00 a.m., Los Angeles, California time, one Business Day before the date of the proposed Borrowing. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery to Lender of a written Interest Election Request in a form approved by Lender and signed by Borrower.

Interest Election Request. This Interest Election Request relates to the Borrower’s election to (i) continue a Eurodollar Borrowing, (ii) convert a Eurodollar Borrowing or (iii) convert a Base Rate Borrowing on (the “Interest Election Date”), as indicated below (check each that applies):

Interest Election Request. This Interest Election Request relates to the Borrower’s election to (i) continue a Eurodollar Borrowing, (ii) convert a Eurodollar Borrowing or (iii) convert a Base Rate Borrowing on ___________ (the “Interest Election Date”), as indicated below (check each that applies): ¨ Continuation of Eurodollar Borrowing. Pursuant to Section 2.07 of the 5-Year Credit Agreement, this Interest Election Request confirms our written election on the date hereof to continue the following outstanding Borrowing comprised of Eurodollar Loans on the Interest Election Date, as follows: (A) Expiration date of current Interest Period: ________________________ (B) Aggregate amount of outstanding Borrowing: ________________________ (C) Aggregate amount to be continued as Eurodollar Loans: ________________________ (D) Elected Interest Period: ________________________ ¨ Conversion of Eurodollar Borrowing. Pursuant to Section 2.07 of the 5-Year Credit Agreement, this Interest Election Request confirms our written election on the date hereof to convert the following outstanding Borrowing comprised of Eurodollar Loans to Borrowing(s) comprised of ABR Loans on the Interest Election Date, as follows:

Interest Election Request. For purposes hereof, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing.

Interest Election Request. On the Amendment No. 1 Effective Date, Exhibit C to the Original Agreement is hereby amended and restated in its entirety to read as set forth on Annex C attached hereto, which shall be deemed to be attached as Exhibit C to the Credit Agreement.

Interest Election Request. In the case of a request for a Revolving Borrowing of U.S. Revolving Loans, the Administrative Agent, and in the case of a request for a Revolving Borrowing of Multicurrency Revolving Loans, the Multicurrency Administrative Agent, shall have received an Interest Election Request as required by Section 2.08 of the Credit Agreement.

Interest Election Request. A request by the Borrower to convert or continue a Loan in accordance with §4.1, which shall be in such form as the Agent may approve.

Interest Election Request. Pursuant to Section 2.02 of the Credit Agreement, the Borrower hereby elects to (i) continue a LIBOR Revolving Credit Borrowing, (ii) convert a LIBOR Revolving Credit Borrowing, or (iii) convert a Base Rate Revolving Credit Borrowing on [_________] (the “Interest Election Date”), as indicated below (check each that applies):