Common use of Interest Periods for Eurodollar Rate Advances Clause in Contracts

Interest Periods for Eurodollar Rate Advances. In connection with the making or continuation of, or conversion into, a Eurodollar Rate Advance, the Borrower shall select an interest period (each an "Interest Period") to be applicable to such Eurodollar Rate Advance, which Interest Period shall be a one (1), two (2), three (3) or six (6) month period; provided, however, that: (i) The initial Interest Period for any Eurodollar Rate Advance shall commence on the date of such Advance (including the date of any conversion from an Advance of another Type) and each Interest Period occurring thereafter in respect of such Advance shall commence on the day on which the next preceding Interest Period expires; (ii) If any Interest Period would otherwise expire on a day which is not a Business Day, such Interest Period shall expire on the next succeeding Business Day, provided that if any Interest Period in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a day of the month after which no further Business Day occurs in such month, such Interest Period shall expire on the next preceding Business Day; (iii) Any Interest Period in respect of Eurodollar Rate Advances which begins on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period shall expire on the last Business Day of such calendar month; (iv) No Interest Period shall extend beyond any date on which a reduction is to be made in the Total Commitment, unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expires.

Interest Periods for Eurodollar Rate Advances. In connection with The Borrower --------------------------------------------- may, pursuant to Section 2.06(c), elect to have the making interest on the principal amount of all or continuation ofany portion of any Revolving Advances made or to be made to the Borrower under Section 2.01, or conversion into, in each case ratably according to the respective outstanding principal amounts of Revolving Advances owing to each Lender (each such principal amount owing to a Lender as to which such election has been made being a "Eurodollar Rate Advance, the Borrower shall select an interest " owing to such Lender) determined and payable ----------------------- for a specified period (each an "Interest Period") to be applicable to " for such Eurodollar Rate Advance) --------------- in accordance with subsection (c) below, which provided, however, that the Borrower -------- ------- may not (i) make any such election with respect to any Swing Line Advances or L/C Advances, or (ii) have more than five (5) Eurodollar Rate Advances owing to any Lender outstanding at any one time. Each Interest Period shall be a one (1)one, two (2)two, three (3) three, or six months, at the Borrower's election pursuant to subsection (6c) month period; below, provided, however, that:: -------- ------- (i) The initial the first day of an Interest Period for any Eurodollar Rate Advance shall commence on be either the date last day of any then current Interest Period for such Advance (including the date of any conversion from an Advance of another Type) and each or, if there shall be no then current Interest Period occurring thereafter in respect of for such Advance shall commence on the day on which the next preceding Interest Period expiresAdvance, any Business Day; (ii) If whenever the last day of any Interest Period would otherwise expire occur on a day which is not other than a Business Day, the last day of such Interest Period shall expire be extended to occur on the next succeeding Business Day; provided, provided however, that if any such extension would cause -------- ------- the last day of such Interest Period to occur in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a the next following month, the last day of the month after which no further Business Day occurs in such month, such Interest Period shall expire occur on the next preceding Business Day; (iii) Any whenever the first day of any Interest Period in respect of Eurodollar Rate Advances which begins occurs on a day of the month for which there is no numerically corresponding day in the calendar month at that succeeds such initial calendar month by the end number of months equal to the number of months of such Interest Period, such Interest Period shall expire end on the last Business Day of such succeeding calendar month;; and (iv) No Interest Period Periods of longer than one week shall extend beyond any date on which a reduction not be available until the earlier of (a) the Administrative Agent's determination that syndication is to be made completed or (b) three months following the Closing Date, in the Total Commitment, each case unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or Administrative Agent in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expiresits sole discretion determines otherwise.

Interest Periods for Eurodollar Rate Advances. In connection with The Borrower may, --------------------------------------------- pursuant to Section 2.06(c), elect to have the making interest on the principal amount of all or continuation of, any portion of any Advances made or conversion into, to be made to the Borrower under Section 2.01 (each such principal amount owing to a Lender as to which such election has been made being a "EURODOLLAR RATE ADVANCE" owing to such Lender) ----------------------- determined and payable for a specified period (an "INTEREST PERIOD" for such --------------- Eurodollar Rate Advance) in accordance with subsection (c) below, provided, -------- however, that the Borrower shall select an interest period (each an "Interest Period") to be applicable to such may not have more than 10 Eurodollar Rate Advance, which Advances ------- owing to any Lender outstanding at any one time. Each Interest Period shall be a one (1)one, two (2)two, three (3) three, or six months, at the Borrower's selection pursuant to subsection (6c) month period; below, provided, however, that:: -------- ------- (i) The initial the first day of an Interest Period for any Eurodollar Rate Advance shall commence on be either the date last day of any then current Interest Period for such Advance (including the date of any conversion from an Advance of another Type) and each or, if there shall be no then current Interest Period occurring thereafter in respect of for such Advance shall commence on the day on which the next preceding Interest Period expiresAdvance, any Business Day; (ii) If whenever the last day of any Interest Period would otherwise expire occur on a day which is not other than a Business Day, the last day of such Interest Period shall expire be extended to occur on the next succeeding Business Day; provided, provided however, that if any such extension would cause the last day of such -------- ------- Interest Period to occur in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a the next following month, the last day of the month after which no further Business Day occurs in such month, such Interest Period shall expire occur on the next preceding Business Day;; and (iii) Any whenever the first day of any Interest Period in respect of Eurodollar Rate Advances which begins occurs on a day of the month for which there is no numerically corresponding day in the calendar month at that succeeds such initial calendar month by the end number of months equal to the number of months of such Interest Period, such Interest Period shall expire end on the last Business Day of such succeeding calendar month; (iv) No Interest Period shall extend beyond any date on which a reduction is to be made in the Total Commitment, unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expires.

Interest Periods for Eurodollar Rate Advances. In connection with The Borrower may, --------------------------------------------- pursuant to Section 2.06(c), elect to have the making interest on the principal amount of all or continuation of, any portion of any Advances made or conversion into, a Eurodollar Rate Advance, to be made to the Borrower shall select an interest under Section 2.01, in each case ratably according to the respective outstanding principal amounts of Advances owing to each Lender (each such principal amount owing to a Lender as to which such election has been made being a "EURODOLLAR ---------- RATE ADVANCE" owing to such Lender) determined and payable for a specified ------------ period (each an "Interest Period") to be applicable to INTEREST PERIOD" for such Eurodollar Rate Advance) in accordance --------------- with subsection (c) below, which provided, however, that the Borrower may not (i) make -------- ------- any such election with respect to any Swing Line Advances, or (ii) have more than four (4) Eurodollar Rate Advances owing to any Lender outstanding at any one time. Each Interest Period shall be a one (1)one, two (2)two, three (3) three, or six months, at the Borrower's election pursuant to subsection (6c) month period; below, provided, however, that:: -------- ------- (i) The initial the first day of an Interest Period for any Eurodollar Rate Advance shall commence on be either the date last day of any then current Interest Period for such Advance (including the date of any conversion from an Advance of another Type) and each or, if there shall be no then current Interest Period occurring thereafter in respect of for such Advance shall commence on the day on which the next preceding Interest Period expiresAdvance, any Business Day; (ii) If whenever the last day of any Interest Period would otherwise expire occur on a day which is not other than a Business Day, the last day of such Interest Period shall expire be extended to occur on the next succeeding Business Day; provided, provided however, that if any such extension would cause the last day of -------- ------- such Interest Period to occur in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a the next following month, the last day of the month after which no further Business Day occurs in such month, such Interest Period shall expire occur on the next preceding Business Day;; and (iii) Any whenever the first day of any Interest Period in respect of Eurodollar Rate Advances which begins occurs on a day of the month for which there is no numerically corresponding day in the calendar month at that succeeds such initial calendar month by the end number of months equal to the number of months of such Interest Period, such Interest Period shall expire end on the last Business Day of such succeeding calendar month; (iv) No Interest Period shall extend beyond any date on which a reduction is to be made in the Total Commitment, unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expires.

Interest Periods for Eurodollar Rate Advances. In connection with The Borrower may, pursuant to Section 2.6(c), elect to have the making interest on the principal amount of all or continuation of, or conversion into, any portion of any Revolving Advances in each case ratably according to the respective outstanding principal amounts of such Advances owing to each Revolving Lender (each such principal amount owing to a Eurodollar Rate Advance, the Borrower shall select an interest Lender as to which such election has been made being a "EURODOLLAR RATE ADVANCE" owing to such Lender) determined and payable for a specified period (each an "Interest Period") to be applicable to INTEREST PERIOD" for such Eurodollar Rate Advance) in accordance with subsection (c) below, which PROVIDED, HOWEVER, that the Borrower may not have more than eight Eurodollar Rate Advances owing to any Lender outstanding at any one time. Each Interest Period shall be a one (1)one, two (2)two, three (3) three, or six months, at the Borrower's selection pursuant to subsection (6c) month period; providedbelow, howeverPROVIDED, HOWEVER, that: (i) The initial the first day of an Interest Period for any Eurodollar Rate Advance shall commence on be either the date last day of any then current Interest Period for such Advance (including the date of any conversion from an Advance of another Type) and each or, if there shall be no then current Interest Period occurring thereafter in respect of for such Advance shall commence on the day on which the next preceding Interest Period expiresAdvance, any Business Day; (ii) If whenever the last day of any Interest Period would otherwise expire occur on a day which is not other than a Business Day, the last day of such Interest Period shall expire be extended to occur on the next succeeding Business Day; PROVIDED, provided HOWEVER, that if any such extension would cause the last day of such Interest Period to occur in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a the next following month, the last day of the month after which no further Business Day occurs in such month, such Interest Period shall expire occur on the next preceding Business Day;; and (iii) Any whenever the first day of any Interest Period in respect of Eurodollar Rate Advances which begins occurs on a day of the month for which there is no numerically corresponding day in the calendar month at that succeeds such initial calendar month by the end number of months equal to the number of months of such Interest Period, such Interest Period shall expire end on the last Business Day of such succeeding calendar month; (iv) No Interest Period shall extend beyond any date on which a reduction is to be made in the Total Commitment, unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expires.

Interest Periods for Eurodollar Rate Advances. In connection with The Borrower may, pursuant to Section 2.06(c), elect to have the making interest on the principal amount of all or continuation ofany portion of any Advances made or to be made to the Borrower under Section 2.01, or conversion into, in each case ratably according to the respective outstanding principal amounts of Advances owing to each Lender (each such principal amount owing to a Lender as to which such election has been made being a "Eurodollar Rate Advance, the Borrower shall select an interest " owing to such Lender) determined and payable for a specified period (each an "Interest Period") to be applicable to " for such Eurodollar Rate Advance) in accordance with subsection (c) below, which provided, however, that the Borrower may not (i) make any such election with respect to any Swing Line Advances, or (ii) have more than five Eurodollar Rate Advances owing to any Lender outstanding at any one time. Each Interest Period shall be a one (1)one, two (2)two, three (3) three, or six months, at the Borrower's election pursuant to subsection (6c) month period; below, provided, however, that: (i) The initial the first day of an Interest Period for any Eurodollar Rate Advance shall commence on be either the date last day of any then current Interest Period for such Advance (including the date of any conversion from an Advance of another Type) and each or, if there shall be no then current Interest Period occurring thereafter in respect of for such Advance shall commence on the day on which the next preceding Interest Period expiresAdvance, any Business Day; (ii) If whenever the last day of any Interest Period would otherwise expire occur on a day which is not other than a Business Day, the last day of such Interest Period shall expire be extended to occur on the next succeeding Business Day; provided, provided however, that if any such extension would cause the last day of such Interest Period to occur in respect of Eurodollar Rate Advances would otherwise expire on a day which is not a Business Day but is a the next following month, the last day of the month after which no further Business Day occurs in such month, such Interest Period shall expire occur on the next preceding Business Day;; and (iii) Any whenever the first day of any Interest Period in respect of Eurodollar Rate Advances which begins occurs on a day of the month for which there is no numerically corresponding day in 30 the calendar month at that succeeds such initial calendar month by the end number of months equal to the number of months of such Interest Period, such Interest Period shall expire end on the last Business Day of such succeeding calendar month; (iv) No Interest Period shall extend beyond any date on which a reduction is to be made in the Total Commitment, unless the aggregate principal amount of the Loans which consist of Base Rate Advances, and the Eurodollar Rate Advances that have Interest Periods which will expire on or before the date of the reduction, is equal to or in excess of the amount of any reduction to be made; (v) No Interest Period shall extend beyond the Credit Expiration Date; and (vi) The Interest Period for a Eurodollar Rate Advance which is converted pursuant to Section 3.10(b) shall commence on the date of such conversion and shall expire on the date on which the Interest Periods for the Eurodollar Rate Advances of the other Banks which were not converted expires.