Common use of Notice of LIBOR Election Clause in Contracts

Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (Livermore/Parcel 6) dated as of December 18, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Participation Agreement (Lam Research Corp)

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Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (LivermoreFremont/Parcel 6Building #4) dated as of December 1821, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ 200 subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Lease Agreement (Lam Research Corp)

Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (LivermoreFremont/Parcel 6Building #2) dated as of December 1821, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Lease Agreement (Lam Research Corp)

Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (Livermore/Livermore/ Parcel 67) dated as of December 18, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Participation Agreement (Lam Research Corp)

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Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (LivermoreFremont/Parcel 6Building #3) dated as of December 1821, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ 200 subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Lease Agreement (Lam Research Corp)

Notice of LIBOR Election. [Date] BNP Paribas Leasing Corporation 10000 12200 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 AttentionXxtention: Lxxxx X. Xxx, Managing Director Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Common Definitions and Provisions Agreement (LivermoreFremont/Parcel 6Building #1) dated as of December 1821, 2007, between you, BNP Paribas Leasing Corporation, and the undersigned, Lxx Research Corporation (the “Common Definitions and Provisions Agreement”). This letter constitutes notice of our election to make the first Base Rent Period beginning on or after , 200___ 200 subject to a LIBOR Election of month(s). We understand that until a different election becomes effective as provided in definition of “LIBOR Election” in the Common Definitions and Provisions Agreement, all subsequent Base Rent Periods will also be subject to the same LIBOR Election.

Appears in 1 contract

Samples: Lease Agreement (Lam Research Corp)

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