Common use of Loan Options Clause in Contracts

Loan Options. Each Loan shall be an Alternate Reference Rate Loan or a Eurodollar Loan, as shall be selected by the Borrower, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time, except that no more than five Eurodollar Loans having different Interest Periods may be outstanding at any one time.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Van Kampen American Capital Prime Rate Income Trust), Revolving Credit Agreement (Van Kampen American Capital Prime Rate Income Trust)

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Loan Options. Each Loan shall be an Alternate either a Reference Rate Loan or a Eurodollar Loan or a Money Market Loan, as shall be selected by the Borrower, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time; provided, except however, that no the Company may not have more than five ten borrowings of Eurodollar Loans having different Interest Periods may be outstanding at any one the same time.

Appears in 1 contract

Samples: Revolving Credit Agreement (NPC International Inc)

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Loan Options. Each Loan shall be an Alternate either a Reference Rate Loan or a Eurodollar Loan, as shall be selected by the Borrower, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time; provided, except however, that no the Company may not have more than five ten borrowings of Eurodollar Loans having different Interest Periods may be outstanding at any one the same time.

Appears in 1 contract

Samples: Revolving Credit Agreement (NPC International Inc)

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