Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the Eurodollar Rate. After the Term Loan has been made, the provisions of Section 2.8 shall apply MUTATIS MUTANDIS with respect to all or any portion of the Term Loan so that the Borrowers may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.
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Samples: Revolving Credit and Term Loan Agreement (Iesi Tx Corp)
Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the be a Eurodollar RateRate Loan. After the Term Loan has been made, the provisions of Section 2.8 ss.2.7 shall apply MUTATIS MUTANDIS mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrowers may have the same interest rate options with respect to all or any portion of the Term Loan as it they would be entitled to with respect to the Revolving Credit Loans.
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Samples: Revolving Credit and Term Loan Agreement (Morgan Group Inc)
Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the Eurodollar Rate. After the Term Loan has 40 -33- been made, the provisions of Section 2.8 ss.2.7 shall apply MUTATIS MUTANDIS mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrowers may have the same interest rate options with respect to all or any portion of the Term Loan as it they would be entitled to with respect to the Revolving Credit Loans.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Century Aluminum Co)
Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the Eurodollar Rate. After the Term Loan has have been made, the provisions of Section 2.8 ss.2.8 shall apply MUTATIS MUTANDIS mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrowers may have the same interest rate options with respect to all or any portion of the Term Loan as it they would be entitled to with respect to the Revolving Credit Loans.
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Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the a Term Loan if all or any portion of the such Term Loan is to bear interest at the Eurodollar Rate. After the a Term Loan has been made, the provisions of Section 2.8 ss.2.7 shall apply MUTATIS MUTANDIS with respect to all or any portion of the such Term Loan so that the Borrowers may have the same interest rate options with respect to all or any portion of the such Term Loan as it would be entitled to with respect to the Revolving Credit Loans.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)