Common use of Method of Selecting Types and Interest Periods for New Advances Clause in Contracts

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. (Chicago time) on the Borrowing Date of each ABR Advance and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 6 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

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Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance thereto from time to time; provided, however, provided that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date there shall be ABR Advancesno more than twelve (12) Interest Periods in effect with respect to all of the Revolving Loans at any time, unless such limit has been waived by the Agent in its sole discretion. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. 12:00 noon (Chicago time) on the Borrowing Date of each ABR Floating Rate Advance (other than a Swing Line Loan) and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 4 contracts

Samples: Security Agreement (United Stationers Inc), Security Agreement (United Stationers Inc), Security Agreement (United Stationers Inc)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance thereto from time to time; providedPROVIDED, howeverHOWEVER, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Alternate Base Rate Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing NoticeBORROWING NOTICE") not ---------------- later than 10:00 a.m. (Chicago time) on the Borrowing Date of each ABR Alternate Base Rate Advance and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 4 contracts

Samples: Assignment Agreement (Aon Corp), Credit Agreement (Aon Corp), Credit Agreement (Aon Corp)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Ratable Advance and, in the case of each Eurodollar Eurocurrency Advance, the Interest Period and Agreed Currency applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "“Ratable Borrowing Notice") not ---------------- later than 10:00 a.m. (Chicago time) on (x) the Borrowing Date of each ABR Base Rate Advance which is a Ratable Advance, and at least three (3y) the third Business Days Day before the Borrowing Date for each Eurodollar Eurocurrency Advance, specifying:

Appears in 4 contracts

Samples: Credit Agreement (Emerson Electric Co), Credit Agreement (Emerson Electric Co), Assignment and Assumption Agreement (Emerson Electric Co)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance from time to time; providedPROVIDED, howeverHOWEVER, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing NoticeBORROWING NOTICE") not ---------------- later than 10:00 a.m. (Chicago time) on the Borrowing Date of each ABR Advance and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 4 contracts

Samples: Credit Agreement (White Mountains Insurance Group LTD), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Alternate Base Rate Advances. The Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 11:00 a.m. (Chicago New York time) on the Borrowing Date of each ABR Alternate Base Rate Advance and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 3 contracts

Samples: Assignment and Assumption (Aon Corp), Credit Agreement (Aon Corp), Credit Agreement (Aon Corp)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Eurocurrency Advance, the Interest Period and Agreed Currency applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. 12:00 noon (Chicago time) on the Borrowing Date of each ABR Floating Rate Advance and (other than a Swing Line Loan), at least three (3) Business Days before the Borrowing Date for each Eurodollar AdvanceEurocurrency Advance in Dollars and at least four (4) Business Days before the Borrowing Date for each Eurocurrency Advance in Euro, specifying:

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)

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Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. (Chicago time) on the Borrowing Date of each ABR Advance and at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 3 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Eurocurrency Advance, the Interest Period and Agreed Currency applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. 12:00 noon (Chicago time) on the Borrowing Date of each ABR Advance and Floating Rate Advance, at least three (3) Business Days before the Borrowing Date for each Eurodollar AdvanceEurocurrency Advance in Dollars and at least four Business Days before the Borrowing Date for each Eurocurrency Advance in Euro, specifying:

Appears in 1 contract

Samples: Credit Agreement (Bio Rad Laboratories Inc)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit D (a "Borrowing “Borrowing/Conversion/Continuation Notice") not ---------------- later than 10:00 11:00 a.m. (Chicago Minneapolis time) on the Borrowing Date of each ABR Base Rate Advance (other than a Swing Line Loan), and at least three not later than 11:00 a.m. (3Minneapolis time) two (2) Business Days before the Borrowing Date for each Eurodollar Advance, specifying:

Appears in 1 contract

Samples: Credit Agreement (C H Robinson Worldwide Inc)

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Eurocurrency Advance, the Interest Period and Agreed Currency applicable to each Advance thereto from time to time; provided, however, that in the event Loans are incurred on the date of -------- ------- this Agreement, all Loans incurred on such date shall be ABR Advances. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not ---------------- later than 10:00 a.m. 12:00 noon (Chicago time) on the Borrowing Date of each ABR Floating Rate Advance and (other than a Swing Line Loan), at least three (3) Business Days before the Borrowing Date for each Eurodollar AdvanceEurocurrency Advance in Dollars and at least four Business Days before the Borrowing Date for each Eurocurrency Advance in Euro, specifying:

Appears in 1 contract

Samples: Credit Agreement (Bio Rad Laboratories Inc)

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