Maximum Interest Periods Sample Clauses

Maximum Interest Periods. After giving effect to all Borrowings, all conversions of Loans from one Type to the other, and all continuations of Loans as the same Type, there shall not be more than five (5) Interest Periods in effect in respect of the Facility.
AutoNDA by SimpleDocs
Maximum Interest Periods. After giving effect to all Term Borrowings, all conversions of Term Loans from one Type to the other, and all continuations of Term Loans as the same Type, there shall not be more than 5 Interest Periods in effect in respect of the Term Facility. After giving effect to all Revolving Credit Borrowings, all conversions of Revolving Credit Loans from one Type to the other, and all continuations of Revolving Credit Loans as the same Type, there shall not be more than 5 Interest Periods in effect in respect of the Revolving Credit Facility.
Maximum Interest Periods. After including the loterest Periods requested in connection with this Borrowing, there are no more than ten ( 10) Interest Periods in effect under the Credit Agreement. Unless otherwise indicated, capitalized terms used in this Borrowing Notice have the same meaning as defined in the Credit Agreement. Dated:, HEALTlICARE COMPARE CORP. By Titb: An Authorized Officer EXHIBIT B NOTICE OF CONTX~xXX10N'/CON\TRSION TO LaSalle National Bank 135 Xxxxx XxXxxxx Xxxxxx Xxxxxxx, XX 00000 Xxtention: Gentlemen:
Maximum Interest Periods. ARer including the Imerest Periods requested in coMection with this continuation or conversion, there are no more than ten ( 10) Interest Periods in effect under the Credit Agreement. Unless otherwise indicated, capitalized terms used in this Notice of Continuation/Conversion have the same meaning as defined in the Credit Agreement. Dated: HEALTHCARE COMPARE CORP. By: Title: An Authorized Officer REVOLVING NOTE Chicago, minois luly 1, 1997 For value received, HealthCare COMPARE Corp., a D,elaware co~poration (the "Borro~ver"), promises to pay to the order of LaSalle National Bank, as Atministrative Agent for the benefit of the Lendas (the "Bank"), the wegate unpaid principal amount of the Revolving Loans made by the Lenders to the Borrower pursuant to the Credit Agreement referred to below on the maturity date provided for in the Credit Agreemcot. The Borrower prornisa to pay interest on the aggregate unpaid principal amount of the Revolving Loans on the data and at the rate or rates provided for in the Credit Agreement. All such payments of principal and interest shall be made in lawful money of the Unitet States in Federal or otha xxxediately available funds at the office of LaSalle National Bank, 135 Xxxxx XxXxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx. All Revolving Loans mate by the Lenders, the respoctive types thereof and all repayments of the princip&l thereof shall be recordet by the Bank ant, if the Bank so elects in connection with any transfer or enforcernant hereof, appropriate notations to evitence the foregoing information with respect to each such Loan then outstanding may be endorsed by the Bank on the schedule attached hereto, or on a continuation of such schedule attached to and made a part haeof; provided that the failure of the Bank to make any such recordation or endorsement shall not affect the obligations of the Borrower haeunder or under the Credit Agreement. This note is the Note referred to in the Credit Agreement dated as of July 1, 1997, among HealthCare COMPARE Corp., as Borrowa, LaSalle National Bank, u Administrative Agent and Lendx, Xxrst Chicago Capital Markets, Inc., as Syndication Agent and the other financial institutions party thereto (as the same may be amended from time to time, the "Credit Agreemeot-). Tarns defined in the Credit Agreement are used haein with the same meanings. Reference i8 made to the Credit Agreement for provisions for the prepaymcut hereof and the acceleration of the maturity hereof. This Note shall be govern...
Maximum Interest Periods. Without the Administrative Agent’s consent, there shall not be more than three (3) different Interest Periods for Term SOFR Loans outstanding hereunder.
Maximum Interest Periods. After giving effect to the Term B Borrowing, all conversions of Term B Loans from one Type to the other, and all continuations of Term B Loans as the same Type, there shall not be more than five (5) Interest Periods in effect in respect of the Term B Facility. The maximum number of Interest Periods in effect for any Additional Term Facility shall be set forth in the applicable Credit Agreement Supplement.

Related to Maximum Interest Periods

  • Interest Periods In connection with each LIBOR Rate Loan, the Borrower, by giving notice at the times described in Section 3.1(a), shall elect an interest period (each, an "Interest Period") to be applicable to such Loan, which Interest Period shall be a period of one (1), two (2), three (3) or six (6) months with respect to each LIBOR Rate Loan; provided that:

  • LIBOR Interest Periods In lieu of making any payment pursuant to this Section 5.2 in respect of any LIBOR Loan, other than on the last day of the Interest Period therefor so long as no Event of Default shall have occurred and be continuing, the Borrower at its option may deposit, on behalf of the Borrower, with the Administrative Agent an amount equal to the amount of the LIBOR Loan to be prepaid and such LIBOR Loan shall be repaid on the last day of the Interest Period therefor in the required amount. Such deposit shall be held by the Administrative Agent in a corporate time deposit account established on terms reasonably satisfactory to the Administrative Agent, earning interest at the then customary rate for accounts of such type. Such deposit shall constitute cash collateral for the LIBOR Loans to be so prepaid; provided that the Borrower may at any time direct that such deposit be applied to make the applicable payment required pursuant to this Section 5.2.

  • different Interest Periods If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

  • Number of Interest Periods There may be no more than 6 different Interest Periods for LIBOR Loans outstanding at the same time.

  • Determination of Interest Periods Every Interest Period shall be of the duration specified by the Borrowers pursuant to clause 3.2 but so that:

  • Duration of Interest Periods The duration of each Interest Period relating to the Advance shall, save as otherwise provided herein, be one, three, six or twelve months, or any such other period as may be agreed from time to time between the Borrower and the Agent, in each case as the Borrower may select by not less than three business days' prior notice to the Agent Provided that:

  • Minimum Borrowing Amounts; Maximum Eurodollar Loans Each Borrowing of Base Rate Loans advanced under the applicable Facility shall be in an amount not less than $1.0 million or such greater amount that is an integral multiple of $1.0 million. Each Borrowing of Eurodollar Loans advanced, continued or converted under the applicable Facility shall be in an amount equal to $1.0 million or such greater amount that is an integral multiple of $1.0 million. Without the Administrative Agent’s consent, there shall not be more than fifteen (15) Borrowings of Eurodollar Loans outstanding at any one time.

  • Interest Period Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be:

Time is Money Join Law Insider Premium to draft better contracts faster.