Common use of Maximum Number of Interest Periods Clause in Contracts

Maximum Number of Interest Periods. A Borrower may not select an Interest Period in respect of any LIBOR Revolving Loan of such a duration that there shall at any time be more than five Interest Periods in existence at the same time.

Appears in 4 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Maximum Number of Interest Periods. 7.4 A Borrower may not select an Interest Period in respect of any LIBOR Revolving Loan of such a duration that there shall at any time be more than five Interest Periods in existence at the same time.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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