Limitations on LIBO Rate Fundings. In no event shall more than 7 LIBO Rate Fundings be outstanding at any one time. In no event may the Borrower request a LIBO Rate Funding if, after giving effect to such LIBO Rate Funding, the Borrower would be required to prepay a LIBO Rate Funding in order to make any regularly scheduled principal payment.
Appears in 2 contracts
Samples: Term Loan Agreement (Mdu Resources Group Inc), Term Loan Agreement (Mdu Resources Group Inc)
Limitations on LIBO Rate Fundings. In no event shall more than 7 6 LIBO Rate Fundings be outstanding at any one time. In no event may the Borrower request a LIBO Rate Funding if, after giving effect to such LIBO Rate Funding, the Borrower would be required to prepay a LIBO Rate Funding in order to make any regularly scheduled principal payment.
Appears in 1 contract
Limitations on LIBO Rate Fundings. In no event shall more than 7 four LIBO Rate Fundings be outstanding at any one time. In no event may the Borrower request a LIBO Rate Funding if, after giving effect to such LIBO Rate Funding, the Borrower would be required to prepay a LIBO Rate Funding in order to make any regularly scheduled principal payment.
Appears in 1 contract
Samples: Credit Agreement (Arctic Cat Inc)
