Common use of INTEREST PERIODS - LIBOR REVOLVING LOANS Clause in Contracts

INTEREST PERIODS - LIBOR REVOLVING LOANS. Save as otherwise provided in this Agreement, the duration of each Interest Period relating to a LIBOR Revolving Loan shall be the period selected by the relevant Borrower in the Utilisation Notice relating to that LIBOR Revolving Loan.

Appears in 6 contracts

Samples: Tenth Supplemental Agreement (Bell Microproducts Inc), Ninth Supplemental Agreement (Bell Microproducts Inc), Supplemental Agreement (Bell Microproducts Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!