Limitation on LIBOR Based Rate Loans. Upon the occurrence and continuance of an Event of Default described in Section 8 below, the Agent may in its sole discretion eliminate the availability of LIBOR Based Rate Loans.
Appears in 2 contracts
Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (RCM Technologies Inc)
Limitation on LIBOR Based Rate Loans. Upon the occurrence and continuance of an Event of Default described in Section 8 belowDefault, the Agent may in its sole discretion eliminate the availability of LIBOR Based Rate Loans.
Appears in 1 contract
Samples: Loan and Security Agreement (Ecc International Corp)
Limitation on LIBOR Based Rate Loans. Upon the occurrence and continuance of an Event of Default described in Section 8 below, the Agent may in its sole discretion eliminate the availability of LIBOR Based Rate Loans.
Appears in 1 contract
