Common use of Interest Period Clause in Contracts

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, (i) for any Prime Rate Loan, the day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loan; and (ii) for any LIBOR Loan, 1, 2 or 3 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)

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Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the a Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanlast Business Day of the calendar quarter; and (ii) for any LIBOR Eurocurrency Rate Loan, 1, 2 2, 3, or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the a Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 3 contracts

Samples: Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Barnes Group Inc), Assignment and Assumption (Barnes Group Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar month; and (ii) for any LIBOR Rate Loan, 1, 2 2, 3 or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Griffin Land & Nurseries Inc)

Interest Period. With respect to each Revolving Credit Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar month; and (ii) for any LIBOR Rate Loan, 1, 2 2, 3 or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Ionics Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar quarter; and (ii) for any LIBOR Rate Loan, 1, 2 2, 3, or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Interest Period. With respect to each Loan, (ai) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (iA) for any Prime Base Rate Loan, the last day on which such Prime of each calendar month and (B) for any LIBOR Rate Loan is paid in full Loan, 1, 2, 3, or converted to a LIBOR Loan6 months; and (ii) for any LIBOR Loan, 1, 2 or 3 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Jumpking Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower Borrowers in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar quarter; and (ii) for any LIBOR Eurocurrency Rate Loan, 7 days, 14 days, 1, 2 2, 3 or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower Borrowers in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Borders Group Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Tranche A Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar month; and (ii) for any LIBOR Rate Loan, one (1), 2 two (2), three (3) or 3 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

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Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar month; and (ii) for any LIBOR Rate Loan, one (1), 2 two (2), three (3) or 3 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

Interest Period. With respect to all or any relevant portion of each Revolving Loan or the Term Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower Borrowers in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loan; each Business Day, and (ii) for any LIBOR Loan, Rate Loan 1, 2 2, 3, or 3 6 months; , and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan or portion thereof and ending on the last day of one of the periods set forth above, as selected by the Borrower Borrowers in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar quarter; and (ii) for any LIBOR Rate Loan, 1, 2 2, 3, 6 or 3 9 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Safety Insurance Group Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower in a Loan Request or Conversion Request, as applicable, (i) for any Prime Base Rate Loan, the day on which such Prime Base Rate Loan is paid in full or converted to a LIBOR Rate Loan; and (ii) for any LIBOR Rate Loan, one (1), 2 two (2), three (3) or 3 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sl Green Realty Corp)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Borrowing Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by the a Borrower in a Loan Request or Conversion Request, as applicable, otherwise required by the terms of this Credit Agreement (i) for any Prime Base Rate Loan, the last day on which such Prime Rate Loan is paid in full or converted to a LIBOR Loanof the calendar quarter; and (ii) for any LIBOR Rate Loan, 1, 2 2, 3, or 3 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by the a Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

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