Interest Periods. (a) At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Time) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period available to all Lenders. Notwithstanding anything to the contrary contained above:
Appears in 8 contracts
Samples: Credit Agreement (Partnerre LTD), Credit Agreement (Mbia Inc), Credit Agreement (Partnerre LTD)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 7 contracts
Samples: Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp), Agreement (Superior National Insurance Group Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion or Continuation in respect of the making of, or conversion intointo or continuation as, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 a.m. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a onethree, twosix or, three if agreed to by each Lender, a nine or six twelve month period or such other period available to all Lendersany shorter period. Notwithstanding anything to the contrary contained above:
Appears in 4 contracts
Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one week period or a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 4 contracts
Samples: Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Amerus Group Co/Ia)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 1:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six six-month period or such or, to the extent approved by all Banks, any other period available to all Lendersreasonably requested by the Borrower. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Nutraceutical International Corp), Credit Agreement (Nutraceutical International Corp), Credit Agreement (Nutraceutical International Corp)
Interest Periods. (a) At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the respective Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Universal Outdoor Inc), Credit Agreement (Universal Outdoor Holdings Inc), Consolidation And (Universal Outdoor Inc)
Interest Periods. (a) At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar LoansLoans of such Borrower, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Zurn Industries Inc), Credit Agreement (Zurn Industries Inc), Credit Agreement (Zurn Industries Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six six-month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Inacom Corp), Credit Agreement (Inacom Corp), Credit Agreement (Inacom Corp)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Usi Holdings Corp), Credit Agreement (Trenwick Group Inc), Credit Agreement (Trenwick Group LTD)
Interest Periods. (a) At the time a the Parent Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Parent Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Term Loan Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD), Credit Agreement (Endurance Specialty Holdings LTD)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion Conversion, in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) ), or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Fremont General Corp), Credit Agreement (Fremont General Corp), Pledge Agreement (Fremont General Corp)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Rate Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Time) 11:00 a.m. on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Rate Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 3 contracts
Samples: Credit Agreement (Air Transport Services Group, Inc.), Credit Agreement (Air Transport Services Group, Inc.), Credit Agreement (Air Transport Services Group, Inc.)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrowerthe Borrower (but otherwise subject to the provisions of Sections 1.01(a)(ii) and 1.01(b)(ii)), be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Penhall Co), Credit Agreement (Town Sports International Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice ---------------- of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or three, six month period or such other period or, to the extent available to all LendersLenders with a Commitment and/or outstanding Loans under the respective Facility, nine or twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Assignment Agreement (MJD Communications Inc), Credit Agreement (MJD Communications Inc)
Interest Periods. (a) At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third second Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it such Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such BorrowerBorrower (but otherwise subject to clause (y) of the proviso to Section 1.01(a)(ii)), be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Di Industries Inc), Reducing Revolving Credit Agreement (Di Industries Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available or, to the extent approved by all Lendersof the Banks, a twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Therma Wave Inc), Credit Agreement (Therma Wave Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect elect, by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of ), the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or three, six month period or such other period or, if available to all LendersBanks, twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Federal Data Corp /Fa/), Credit Agreement (Waters Corp /De/)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such BorrowingBorrow- ing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Pueblo Xtra International Inc), Pledge Agreement (Pueblo Xtra International Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (R&b Falcon Corp), Credit Agreement (R&b Falcon Corp)
Interest Periods. (a) At the time a Borrower gives the Borrowers give a Notice of Borrowing or a Notice of Conversion or Continuation in respect of the making of, or conversion intointo or continuation as, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon p.m. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrowers shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrowerthe Borrowers, be a one, two, three three, six or, if agreed to by each Lender, a seven or six month fourteen day period or such other period available to all Lendersa nine or twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Management Shareholder Agreement (Railamerica Inc /De), Credit Agreement (Railamerica Inc /De)
Interest Periods. (a) At the time a the Borrower gives a ---------------- Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained aboveabove and subject to the last sentence of Section 1.6,:
Appears in 2 contracts
Samples: Credit Agreement (Graphic Controls Corp), Credit Agreement (Graphic Controls Corp)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar LoansLoans (in the case of any subsequent Interest Period), it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Ametek Inc/), Credit Agreement (Ametek Inc/)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 3:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Safelite Glass Corp), Credit Agreement (Carcomp Services Inc)
Interest Periods. (a) At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (Loans, in the case of the initial Interest Period applicable thereto) , or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (Reynolds American Inc), Credit Agreement (Reynolds American Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar LIBOR Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar LIBOR Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, twothree, three or six month period or such other period or, to the extent available to all LendersLenders under the respective Facility (as determined by the Administrative Agent), nine or twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Credit Agreement (National Tobacco Co Lp), Credit Agreement (National Tobacco Co Lp)
Interest Periods. (a) At the time a the Borrower gives a the Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent Payments Administrator written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be (x) prior to the Interim Date, a seven day period and (y) thereafter (but subject to clause (iv) below), a one, two, two or three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 2 contracts
Samples: Loan Agreement (Starwood Hotel & Resorts Worldwide Inc), Loan Agreement (Starwood Hotel & Resorts Worldwide Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 1:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period or, if available to all Lenderseach of the Banks, a twelve-month period. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (McMS Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three three, or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or three, six month period or such other period or, to the extent available to all LendersLenders with a Commitment and/or outstanding Loans under the respective Facility, nine or twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Interest Periods. (a) At a)At the time a Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Time) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period available to all Lenders. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Partnerre LTD)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 1:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Labtec Inc /Ma)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period (or, with the unanimous written consent of the Lenders under the applicable Facility, a nine or such other period available to all Lenderstwelve month period). Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a Borrower gives a ---------------- Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period or such other period or, to the extent available to all LendersBanks with Loans under the respective Facility, a nine or twelve month period. Notwithstanding anything to the contrary contained above:
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Samples: Credit Agreement (Ocih LLC)
Interest Periods. (a) At the time a either Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it such Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrower, be a one, two, three or six month period (or, with the unanimous written consent of the Lenders under the applicable Facility, a nine or such other period available to all Lenderstwelve month period). Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a an outstanding Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice ---------------- of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 1:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period (or such other period to the extent available to all Lendersthe Banks at the time requested, a nine or twelve month) period. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice ---------------- of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:: (i) all Eurodollar Loans comprising a Borrowing shall at all times have the same Interest Period;
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Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or three, six month period or such other period or, to the extent available to all LendersBanks with a Commitment under the respective Facility, nine or twelve month period. Notwithstanding anything to the contrary contained above:
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Samples: Credit Agreement (Amtrol Inc /Ri/)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six six, or, to the extent approved by each Lender with Loans and/or Commitments under the relevant Tranche, nine or twelve month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Samples: Credit Agreement (Usi Holdings Corp)
Interest Periods. (a) At the time a the Borrower gives a Notice ---------------- of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Samples: Credit Agreement (Unilab Corp /De/)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it such Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such BorrowerBorrower (but otherwise subject to clause (y) of the proviso to Section 1.1(a)(ii)), be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Samples: Loan Agreement (Grey Wolf Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or three, six month period or such other period or, to the extent available to all Lenderseach Lender under the relevant Tranche, nine or twelve month period. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period month, or such other period if available to all LendersXX Xxxxx or XX Xxxxx, as the case may be, twelve month period. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a any Borrower gives a Notice of ---------------- Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Relevant Currency Time) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Appropriate Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such BorrowerBorrower (but otherwise subject to the provisions of Section 1.01(A)(a)(1)(iii)), be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Samples: Credit Agreement (Modus Media International Holdings Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 1:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available provided that the Interest Period applicable to all LendersBorrowings of Eurodollar Loans made on the Restatement Effective Date shall expire on June 26, 1997. Notwithstanding anything to the contrary contained above:
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Samples: And (Interstate Hotels Co)
Interest Periods. (a) At the time a Borrower gives the Borrowers give a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Rate Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Time) 11:00 a.m. on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Rate Loans, it the Borrowers shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such Borrowerthe Borrowers, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Interest Periods. (a) At the time a the Borrower gives a Notice ---------------- of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 10:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period month, or such other period if available to all RC Lenders or TF Lenders, as the case may be, twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Hci Direct Inc)
Interest Periods. (a) At the time a Borrower the Company gives a Notice of Borrowing or a the applicable Borrower gives Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 3:00 P.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Eurodollars Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such applicable Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Fisher Scientific International Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Rate Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon (New York Time) 11:00 a.m. on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Rate Loans, it the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Air Transport Services Group, Inc.)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) or prior to 12:00 Noon 11:00 A.M. (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period month, or such other period if available to all Lenders, twelve month period. Notwithstanding anything to the contrary contained above:
Appears in 1 contract
Samples: Credit Agreement (Peebles Inc)
Interest Periods. (a) At the time a the Borrower gives a Notice of Borrowing or a Notice of Conversion Conversion, in respect of the making of, or conversion into, a Borrowing of Eurodollar Loans (in the case of the initial Interest Period applicable thereto) ), or prior to 12:00 Noon (New York Timetime) on the third Business Day prior to the expiration of an Interest Period applicable to a Borrowing of Eurodollar Loans, it shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of the Interest Period to be applicable to such Borrowing, which Interest Period shall, at the option of such the Borrower, be a one, two, three or six month period or such other period available to all Lendersperiod. Notwithstanding anything to the contrary contained above:
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Samples: Assignment Agreement (Frontier Insurance Group Inc)