Common use of LIBOR Loans After Default Clause in Contracts

LIBOR Loans After Default. Unless all Lenders shall otherwise agree, after the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Loan be made or continued as, or converted to, a LIBOR Loan.

Appears in 4 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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LIBOR Loans After Default. Unless all Lenders shall otherwise agree, after the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Loan be made or continued as, or converted to, a LIBOR Loan.

Appears in 4 contracts

Samples: Credit Agreement (Nn Inc), Credit Agreement (Cti Inc /Tn), Credit Agreement (Cti Molecular Imaging Inc)

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LIBOR Loans After Default. Unless all Lenders shall otherwise agree, after After the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Loan be made or continued as, or converted to, to a LIBOR Loan.

Appears in 1 contract

Samples: Revolving Line of Credit Note (Abr Information Services Inc)

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