Common use of Interest Rate Conversion Clause in Contracts

Interest Rate Conversion. The Borrower may request, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 9 contracts

Samples: Loan Contract, Loan Contract, Loan Contract

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Interest Rate Conversion. The Borrower may requestrequest that, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 6 contracts

Samples: Loan Contract, Loan Contract, Loan Contract

Interest Rate Conversion. The Borrower may requestrequest that, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 1 contract

Samples: Loan Contract

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Interest Rate Conversion. The Borrower may request, with respect to all ali or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 1 contract

Samples: Loan Contract

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