Common use of LIBOR Rate Loans Clause in Contracts

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten (10) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten eight (10) different 8) LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten (10) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten two (102) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the LendersBanks. (c) Unless the Administrative Agent and the Requisite Lenders Banks otherwise consent, there shall be no more than ten eight (10) different 8) LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender Bank to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s 's Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the LendersBanks. (c) Unless the Administrative Agent and the Requisite Lenders Banks otherwise consent, there shall be no more than ten six (106) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender Bank to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten five (105) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or an Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless all of the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten five (105) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s 's Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten six (106) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.

LIBOR Rate Loans. (a) Each request by Borrower for a LIBOR Rate Loan shall be made pursuant to a Request for Loan received by the Administrative Agent, at the Administrative Agent’s Office, not later than 1:00 p.m., Cleveland time, at least three (3) Banking Days before the first day of the applicable LIBOR Period. (b) On the date which is two (2) Banking Days before the first day of the applicable LIBOR Period, the Administrative Agent shall confirm its determination of the applicable LIBOR Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the Lenders. (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, there shall be no more than ten six (106) different LIBOR Periods in effect at any one time. (d) No LIBOR Rate Loan may be requested or continued during the continuation of a Default or Event of Default. (e) Nothing contained herein shall require any Lender to fund any LIBOR Rate Advance in the London interbank market.