Common use of Limitations on Interest Periods Clause in Contracts

Limitations on Interest Periods. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to select any Interest Period with respect to any Borrowing that would end after the Commitment Termination Date (or, with respect to any Borrowing of Extended Loans, the termination date with respect thereto).

Appears in 5 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

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Limitations on Interest Periods. Notwithstanding any other provision of this Agreement, the no Borrower shall not be entitled to select request (or to elect to convert or continue) any Borrowing if the Interest Period with respect to any Borrowing that requested therefor would end after the Commitment Termination Date (orprovided that, with respect to if at any Borrowing of Extended Loanstime there shall exist different Commitment Termination Dates for the Lenders hereunder, such Interest Period shall not end after the termination date with respect theretolatest applicable Commitment Termination Date).

Appears in 3 contracts

Samples: Credit Agreement (NYSE Euronext), Credit Agreement (Discover Financial Services), Credit Agreement (NYSE Euronext)

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Limitations on Interest Periods. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to select any Interest Period with respect to any Borrowing that would end after the Commitment Termination Date (or, with respect to any Borrowing of Extended Loans, the termination date with respect thereto)applicable Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

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