Common use of Interest Periods and Selection Clause in Contracts

Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower may not at any time have outstanding more than eight different Interest Periods relating to LIBOR Loans; and (ii) LIBOR Loans for each Interest Period shall be in the amount of at least $5,000,000.

Appears in 12 contracts

Samples: Assignment and Assumption (Tampa Electric Co), Credit Agreement (Tampa Electric Co), Assignment and Assumption (Tampa Electric Co)

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Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower may not at any time have outstanding more than eight five different Interest Periods relating to LIBOR Loans; and (ii) LIBOR Loans for each Interest Period shall be in the amount of at least $5,000,000.

Appears in 2 contracts

Samples: Loan Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc)

Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower may not at any time have outstanding more than eight different Interest Periods relating to LIBOR Loans; and (ii) LIBOR Loans for each Interest Period shall be in the amount of at least $5,000,0001,000,000.

Appears in 1 contract

Samples: Assignment and Assumption (Tampa Electric Co)

Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower may not at any time have outstanding more than eight different Interest Periods relating to LIBOR Loans; and (ii) LIBOR Loans for each Interest Period shall be in the amount of at least $5,000,000.

Appears in 1 contract

Samples: Assignment and Assumption (Teco Energy Inc)

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Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower may not at any time have outstanding more than eight different Interest Periods relating to LIBOR LIBORSOFR Loans; and (ii) LIBOR LIBORSOFR Loans for each Interest Period shall be in the amount of at least $5,000,000.

Appears in 1 contract

Samples: Credit Agreement (Tampa Electric Co)

Interest Periods and Selection. (a) Notwithstanding anything herein to the contrary, (i) Borrower the Borrowers may not at any time have outstanding outstanding, in the aggregate, more than eight different Interest Periods relating to LIBOR Loans; and (ii) LIBOR Loans for each Interest Period shall be in the amount of at least $5,000,000.

Appears in 1 contract

Samples: Assignment and Assumption (Teco Energy Inc)

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