Common use of LIBOR BORROWING RATE Clause in Contracts

LIBOR BORROWING RATE. Borrower may elect from time to time to have portions of the Principal Balance of the Bridge Loan accrue interest at a LIBOR Borrowing Rate on the terms and conditions of Paragraph 9.

LIBOR BORROWING RATE. Borrower may elect from time to time to have portions of the Principal Balance of the Bridge Term Loan A accrue interest at a LIBOR Borrowing Rate on the terms and conditions of Paragraph 9.

LIBOR BORROWING RATE. Borrower may elect from time to time to have portions of the Principal Balance of the Bridge 1998/1999 Construction Loan accrue interest at a LIBOR Borrowing Rate on the terms and conditions of Paragraph 9.

LIBOR BORROWING RATE. Borrower may elect from time to time to have portions of the Principal Balance of the Bridge Loan 2 accrue interest at a LIBOR Borrowing Rate on the terms and conditions of Paragraph 99 of the Original Loan Agreement.