LIBOR Period. As used herein, “LIBOR Period” means, with respect to a LIBOR Option Advance:
LIBOR Period. As used herein, "LIBOR Period" means, with respect to a LIBOR Option Advance:
i. initially, the period commencing on, as the case may be, the date the Advance is made or the date on which the Advance is converted to a LIBOR Option Advance, and continuing for, in every case, a thirty (30) day period thereafter so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of Advance as provided in the Note or in the notice of conversion as provided in this Addendum; and ii. thereafter, each period commencing on the last day of the next preceding LIBOR Period applicable to such LIBOR Option Advance and continuing for, in every case, a thirty (30) day period thereafter so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of continuation as provided in this Addendum.
LIBOR Period. Agent promptly shall notify each Lender of any notice by Borrower made under this Section 1.5(f), or if such notice is not timely received, Agent promptly will notify each Lender of the applicable LIBOR Period.
LIBOR Period. LIBOR Period means, with respect to any LIBOR Rate Loan, each period commencing on a London Business Day as set forth in the Notice of Rate Selection and ending one, two or three months thereafter, as applicable; provided that (i) any LIBOR Period that would otherwise end on (but exclude) a day which is not a London Business Day shall be extended to the next succeeding London Business Day, unless the result of such extension would be to carry such LIBOR Period into the next calendar month, in which event such LIBOR Period shall end on (but exclude) the preceding London Business Day; (ii) any LIBOR Period that ends in a month for which there is no day which numerically corresponds to the day in the calendar month at the end of such LIBOR Period shall end on (but exclude) the last London Business Day of such month, (iii) any LIBOR Period that would otherwise extend past the Maturity Date shall end on (but exclude) two days prior to the Maturity Date and (iv) Borrower shall select LIBOR Periods so that there shall be no more than four (4) separate LIBOR Rate Loans in existence at any one time. Upon the occurrence of any Event of Default by Borrower under the Loan Documents (whether or not the Maturity Date is accelerated), the Notes shall bear interest at the Default Rate.
LIBOR Period. As used herein, "LIBOR Period" means, with respect to a LIBOR Option Advance:
(1) initially, the period commencing on, as the case may be, the date the Advance is made or the date on which the Advance is converted to a LIBOR Option Advance, and continuing for, in every case, a thirty (30), sixty (60), or ninety (90), thereafter so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of Advance as provided in the Note or in the notice of conversion as provided in this Addendum; and
(2) thereafter, each period commencing on the last day of the next preceding LIBOR Period applicable to such LIBOR Option Advance and continuing for, in every case, a thirty (30), sixty (60), or ninety (90), thereafter so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of continuation as provided in this Addendum.
LIBOR Period. 16 1.99. Lien.................................................................................16 1.100. Line of Credit.......................................................................17 1.101. Loan Documents.......................................................................17 1.102. Loan Party...........................................................................17 1.103. Local Account........................................................................17 1.104. Material Adverse Change..............................................................17 1.105. Material Adverse Effect..............................................................17 1.106. Minimum Availability.................................................................17 1.107. Mortgages............................................................................18 1.108. Multiemployer Plan...................................................................18 1.109. Net Interest Expense.................................................................18 1.110. Obligations..........................................................................18 1.111. Operating Account....................................................................19 1.112. Other Letters of Credit..............................................................19 1.113. Out-of-Pocket Expenses...............................................................19 1.114. Patents..............................................................................20 1.115. PBGC.................................................................................20 1.116. Pension Plan.........................................................................20 1.117. Permit...............................................................................20 SECTION PAGE 1.118. Permitted Encumbrances..............................................................20 1.119. Permitted Indebtedness..............................................................20 1.120. Permitted Purchase Money Liens......................................................21 1.121. Person..............................................................................21 1.122. Plan................................................................................21 1.123. Pledge Agreements...................................................................21 1.124. Pledged Collateral..................................................................21 1.125. Pledged Shares....
LIBOR Period. As used herein, "LIBOR PERIOD" means, with respect to a LIBOR Option Advance:
LIBOR Period. As used herein, “LIBOR Period” means, with respect to a LIBOR Option Advance:
i. initially, the period commencing on, as the case may be, the date the Credit Extension is made or the date on which the Credit Extension is converted to a LIBOR Option Advance, and continuing for (A) in every case of an Equipment Advance, (i) before the Equipment Advance begins to amortize, a period for any number of days selected by Borrower in the notice of Credit Extension as provided in the Note or in the notice of conversion as provided in this Addendum provided that the last day of such period shall be on or before the date on which the applicable Equipment Advance would begin to amortize, and (ii) after the Equipment Advance has begun to amortize, a period for any number of days selected by Borrower provided that the last day of such period shall be on or before the Equipment Maturity Date and (B) in every case of an Advance, a thirty (30) day period thereafter, so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of Credit Extension as provided in the Note or in the notice of conversion as provided in this Addendum; and ii. thereafter, each period commencing on the last day of the next preceding LIBOR Period applicable to such LIBOR Option Advance and continuing for, (A) in every case of an Equipment Advance, a three (3) year period thereafter and (B) in every case of an Advance, a thirty (30) day period thereafter, so long as the LIBOR Option is quoted for such period in the applicable interbank LIBOR market, as such period is selected by Borrower in the notice of continuation as provided in this Addendum.
LIBOR Period. As used herein, "LIBOR Period" means a period commencing on a Business Day, and continuing for, in every case, no greater than thirty (30), sixty (60), or ninety (90) days, as designated by Borrower, during which all or a portion of the outstanding principal balance of the Note bears interest determined in relation to Bank's LIBOR, provided that:
LIBOR Period each period commencing on a LIBOR Business Day and ending on the first LIBOR Business Day of the month beginning three months thereafter; provided that the first LIBOR Period shall begin on the Closing Date and end on April 1, 2008, and each successive LIBOR Period shall begin on the last LIBOR Business Day of the immediately preceding LIBOR Period.
