Common use of Interest if No Notice of Selection of Interest Rate Basis Clause in Contracts

Interest if No Notice of Selection of Interest Rate Basis. If the Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the a Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the --------------------------------------------------------- Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis or a CD Rate Basis, or if for any reason a determination of a LIBOR Basis or a CD Rate Basis for any Advance is not timely concludedconcluded and the Administrative Agent has used reasonable efforts to make such determination, the Base Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR BasisAdvance or an Interest Period for a LIBOR Advance, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concludedconcluded due to the fault of the Borrower, the Base Rate Basis shall apply to such the applicable Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the ---------------------------------------------- ---------- Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason (other than the failure of the Administrative Agent to take any action required of it hereunder) a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the a --------------------------------------------------------- Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concludedconcluded due to the fault of the Borrower, the Base Prime Rate Basis shall apply to such AdvanceAdvance until timely selection is made.

Interest if No Notice of Selection of Interest Rate Basis. If the Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, Basis or if for any reason (other than the gross negligence or willful misconduct of the Administrative Agent) a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Prime Rate Basis shall apply to such Advance.

Interest if No Notice of Selection of Interest Rate Basis. If the --------------------------------------------------------- Borrower fails to give the Administrative Agent timely notice of its selection of a LIBOR Basis, or if for any reason a determination of a LIBOR Basis for any Advance is not timely concluded, the Base Rate Basis shall apply to such Advance.