Common use of Limits to the Determination of LIBOR Clause in Contracts

Limits to the Determination of LIBOR. Nothing herein contained shall be interpreted as authorizing the Borrower, with respect to the determination of LIBOR, to choose a Selected Amount with respect to each Designated Period of less than Cdn. $1,000,000 or a greater amount other than in whole multiples of Cdn. $1,000,000.

Appears in 4 contracts

Samples: Credit Agreement (Videotron Ltee), Credit Agreement (Videotron Ltee), Credit Agreement (Videotron Ltee)

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Limits to the Determination of LIBOR. Nothing herein contained shall be interpreted as authorizing the Borrower, with respect to the determination of LIBOR, to choose a Selected Amount with respect to each Designated Period of less than Cdn. US $1,000,000 or a greater amount other than in whole multiples of Cdn. US $1,000,000100,000.

Appears in 1 contract

Samples: Credit Agreement (Intertape Polymer Group Inc)

Limits to the Determination of LIBOR. Nothing herein contained shall be interpreted as authorizing the Borrower, with respect to the determination of LIBOR, to choose a Selected Amount with respect to each Designated Period of less than Cdn. US $1,000,000 or a greater amount other than 5,000,000, and any Selected Amount shall be in whole multiples of Cdn. US $1,000,000.

Appears in 1 contract

Samples: Credit Agreement (Cgi Group Inc)

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Limits to the Determination of LIBOR. Nothing herein contained shall be interpreted as authorizing the a Borrower, with respect to the determination of LIBOR, to choose a Selected Amount with respect to each Designated Period of less than Cdn. US $1,000,000 or a greater amount other than in whole multiples of Cdn. US $1,000,000100,000.

Appears in 1 contract

Samples: Credit Agreement (Intertape Polymer Group Inc)

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