Common use of Interest Period Clause in Contracts

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (i) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (A) for any Base Rate Loan, the last day of the calendar quarter; and (B) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (ii) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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: Revolving Credit (Mapics Inc), Revolving Credit (Chart House Enterprises Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

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Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Tranche B Term Loan that is a Eurodollar Rate Loan, (ia) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of a period consisting of one of (1), two (2), three (3) or six (6) months, and if acceptable to all Lenders within the periods set forth belowrelevant Tranche, nine (9) or twelve (12) months, as selected by the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (A) for any Base Rate LoanAgreement, the last day of the calendar quarter; and (B) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Tranche B Term 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: Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Communications Corp)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 and Letter of Credit Request or as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding applicable Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term Loan Period, and ending on the last day of one of the periods set forth aboveabove in clause (i) or (ii), as selected by the Borrower Borrowers in a Conversion RequestRequest or as otherwise required pursuant to the provisions of this Credit Agreement; provided PROVIDED that all of the foregoing provisions relating to Interest Periods are -------- subject to the following:

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Casella Waste Systems Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quartermonth; and (Bii) for any Eurodollar LIBOR Rate Loan, 1, 2, 3, 3 or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 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 (Stride & Associates Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Tranche B Term Loan (a) that is a Eurodollar Rate Loan, (i) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of a period consisting of one of (1), two (2), three (3) or six (6) months, and if acceptable to all Lenders within the periods set forth belowrelevant Tranche, nine (9) or twelve (12) months, as selected by the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (A) for any Base Rate LoanAgreement, the last day of the calendar quarter; and (B) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Tranche B Term 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 and Term Loan Agreement (Emmis Operating Co)

Interest Period. With respect to each Revolving Credit Loan or all or --------------- any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 and Term Loan Agreement (Mapics Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period --------------- commencing on the Drawdown initial date of borrowing such Loan pursuant to this Agreement, or the Conversion Date of any such Loan and ending on the last day of one of the periods set forth below, as selected by the Borrower Borrower, respectively, in a Loan Request or as otherwise required by the terms of this Credit Agreement a Conversion Request (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (B) for any Eurodollar Rate Loan, 1, 2, 3, or 6 monthsmonth; and (ii) for any LIBOR Loan, 30, 60, 90, or 180 days; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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: Loan Agreement (Copley Pharmaceutical Inc)

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Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the a Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, 3 or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the a Term 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 PROVIDED that all of the foregoing provisions relating to Interest Periods are -------- subject to the following:

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 and Term Loan Agreement (Mapics Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, one (1), two (2), three (3, ) or 6 six (6) months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 and Term Loan Agreement (Waste Connections Inc/De)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term 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 and Term Loan Agreement (Mapics Inc)

Interest Period. With respect to each Revolving Credit Loan or all or any --------------- relevant portion of the Term Loan, (ia) initially, the period commencing on the 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 and Letter of Credit Request or as otherwise required by the terms of this Credit Agreement (Ai) for any Base Rate Loan, the last day of the calendar quarter; and (Bii) for any Eurodollar Rate Loan, 1, 2, 3, or 6 months; and (iib) thereafter, each period commencing on the last day of the next preceding applicable Interest Period applicable to such Revolving Credit Loan or all or such portion of the Term Loan Period, and ending on the last day of one of the periods set forth aboveabove in clause (i) or (ii), as selected by the Borrower Borrowers in a Conversion RequestRequest or as otherwise required pursuant to the provisions of this Credit Agreement; 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 (Casella Waste Systems Inc)

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