Common use of Interest Period Clause in Contracts

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of the subject month, (b) thereafter, each one, two or three months period commencing as of the first day of a calendar month 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 Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

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Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of the subject monthone, two, three or six months thereafter, and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month next preceding Interest Period applicable to such LIBOR 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 2 contracts

Samples: Master Credit Agreement (Howard Hughes Corp), Master Credit Agreement (Howard Hughes Corp)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the “Interest Period” (as defined in the Original Credit Agreement) applicable to such Loan on the Closing Date, and (b) thereafter, each period commencing on the Drawdown Date day following the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of the subject month, (b) thereafter, each one, two three or three months period commencing as of the first day of a calendar six month and ending on the last day of one of the periods set forth aboveperiod, as selected by the Borrower in a Conversion Conversion/Continuation Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 2 contracts

Samples: Term Loan Agreement (Mid-America Apartments, L.P.), Term Loan Agreement (Mid-America Apartments, L.P.)

Interest Period. With respect to each LIBOR Rate Loan Loan, (ai) initially, the period commencing on the Drawdown Date of for such Loan and ending 1, 2, 3 or 6 months thereafter and (ii) thereafter, each subsequent period commencing on the day following the last day of the subject month, (b) thereafter, each one, two or three months period commencing as of the first day of a calendar month preceding Interest Period and ending on the last day of one of the periods set forth above1, as selected by the Borrower in a Conversion Request; 2, 3 or 6 months thereafter provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (California Coastal Communities Inc), Senior Secured Term Loan Agreement (California Coastal Communities Inc)

Interest Period. With respect to each LIBOR Rate Loan (a) initiallyLoan, the period commencing on the Drawdown Date date of the making or continuation of or conversion to such LIBOR Loan and ending on the last day of the subject monthone (1), two (b2), three (3) or six (6) months thereafter, each one, two or three months period commencing as of the first day of a calendar month and ending on the last day of one of the periods set forth above, as selected by the Borrower may elect in a Conversion Requestthe applicable Notice of Borrowing or Conversion; provided that all of the foregoing provisions relating to Interest Periods are subject to the followingthat:

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Mexican Restaurants Inc)

Interest Period. With respect to each LIBOR Rate Loan (a) initiallyLoan, the period commencing on the Drawdown Date date of the making or continuation of or conversion to such LIBOR Loan and ending on the last day of the subject monthone (1), two (b2), three (3) or six (6) months thereafter, each one, two as the Borrowers may elect in the applicable Notice of Borrowing or three months period commencing as of the first day of a calendar month and ending on the last day of one of the periods set forth above, as selected by the Borrower in a Conversion RequestConversion; provided that all of the foregoing provisions relating to Interest Periods are subject to the followingthat:

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

Interest Period. With respect to each LIBOR Rate Loan (a) initiallyLoan, the period commencing on the Drawdown Date date of the making or continuation of or conversion to such LIBOR Loan and ending on the last day of the subject monthone (1), two (b2) or three (3) months thereafter, each one, two or three months period commencing as of the first day of a calendar month and ending on the last day of one of the periods set forth above, as selected by the Borrower may elect in a Conversion Requestthe applicable Notice of Borrowing or Conversion; provided that all of the foregoing provisions relating to Interest Periods are subject to the followingthat:

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such LIBOR Rate Loan and ending on the last day of the subject monthone, two, three or six months thereafter and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month 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 Conversion/Continuation Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such LIBOR Rate Loan and ending on the last day of the subject month, one month thereafter and (b) thereafter, each one, two or three months period commencing as of on the first day of a calendar month and ending on following the last day of the next preceding Interest Period applicable to such Loan and ending one of the periods set forth above, as selected by the Borrower in a Conversion Requestmonth thereafter; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

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Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of the subject monthone, two, three, six or twelve months thereafter, and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month 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: Term Loan Agreement (Ps Business Parks Inc/Ca)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of the subject monthone, two, three or six months thereafter and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month 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: Loan Agreement (Meruelo Richard)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such LIBOR Rate Loan and ending on the last day of the subject monthone, two or three months thereafter, and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month 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 Conversion/Continuation Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Master Credit Agreement (Entertainment Properties Trust)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending one, two, three or six months thereafter and (b) thereafter, each period commencing on the last day of the subject month, (b) thereafter, each one, two or three months period commencing as of the first day of a calendar month 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 (Gramercy Capital Corp)

Interest Period. With respect to each LIBOR Rate Loan (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of the subject monthone, two, three, six or twelve months thereafter, and (b) thereafter, each one, two or three months period commencing as on the day following the last day of the first day of a calendar month 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 (Walden Residential Properties Inc)

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