Common use of Interest Periods for LIBOR Loans Clause in Contracts

Interest Periods for LIBOR Loans. In connection with each LIBOR Loan, the Borrower may, pursuant to the applicable Request For Revolving Credit Loan, select the Interest Period to be applicable to such LIBOR Loan, which Interest Period shall be at the Borrower's option either a one, two, three or six month period. The following provisions are applicable to Interest Periods generally:

Appears in 2 contracts

Samples: Loan Agreement (North Atlantic Trading Co Inc), Loan Agreement (North Atlantic Trading Co Inc)

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Interest Periods for LIBOR Loans. In connection with For each LIBOR Loan, the Borrower may, pursuant to the applicable Request For Revolving Credit Loan, shall select the an Interest Period to be applicable to such LIBOR Loanthat is either 14 days, which Interest Period shall be at the Borrower's option either a oneone month, twotwo months, three months or six month period. The following provisions are applicable to Interest Periods generallymonths; provided that:

Appears in 1 contract

Samples: Loan Agreement (Layne Christensen Co)

Interest Periods for LIBOR Loans. In connection with each Tranche of a Term Loan that is to be a LIBOR Loan, the Borrower Borrowers may, pursuant to the applicable Request For Revolving Credit LoanNotice of Conversion/Continuation, select the Interest Period to be applicable to such LIBOR Loan, which Interest Period shall be at the Borrower's Borrowers' option either a oneone (1), twotwo (2), three (3) or six (6) month period. The following provisions are applicable to Interest Periods generally:

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

Interest Periods for LIBOR Loans. In connection with each Tranche of a Term Loan that is to be a LIBOR Loan, the Borrower may, pursuant to the applicable Request For Revolving Credit LoanNotice of Conversion/Continuation, select the Interest Period to be applicable to such LIBOR Loan, which Interest Period shall be at the Borrower's option either a oneone (1), twotwo (2), three (3) or six (6) month period. The following provisions are applicable to Interest Periods generally:

Appears in 1 contract

Samples: Loan Agreement (North Atlantic Trading Co Inc)

Interest Periods for LIBOR Loans. In connection with each LIBOR -------------------------------- Loan, the Borrower may, pursuant to the applicable Request For Revolving Credit Loan, select the Interest Period to be applicable to such LIBOR Loan, which Interest Period shall be at the Borrower's option either a one, two, three or six month period. The following provisions are applicable to Interest Periods generally:

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

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Interest Periods for LIBOR Loans. In connection with For each Loan that Borrower designates to be a LIBOR Loan, the Borrower may, pursuant to the applicable Request For Revolving Credit Loan, shall select the an interest period (each an "Interest Period Period") to be applicable to such LIBOR Loan, which . The Interest Period for a LIBOR Loan shall be at the Borrower's option either a oneone month, twotwo month, three month, or six month period. The following provisions are applicable to Interest Periods generally; provided that:

Appears in 1 contract

Samples: Loan Agreement (Davel Communications Group Inc)

Interest Periods for LIBOR Loans. In connection with each LIBOR Loan, the Borrower Borrowers may, pursuant to the applicable Request For Revolving Credit Loan, select the Interest Period to be applicable to such LIBOR Loan, which Interest Period shall be at the Borrower's Borrowers' option either a one, two, three or six month period. The following provisions are applicable to Interest Periods generally:

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

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