Common use of Notification of Election of an Interest Rate Option Clause in Contracts

Notification of Election of an Interest Rate Option. The Borrower, by an Authorized Officer, shall notify the Agent of each election of an Interest Rate Option, each conversion from one Interest Rate Option to another, the amount of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, where relevant, the Euro-Rate Interest Periods as provided for in this Agreement. Any such communication may be oral or written and if oral it shall be followed promptly by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the Borrower.

Notification of Election of an Interest Rate Option. The Borrower, by an Authorized Officer, shall notify the Agent of (i) each election or renewal of an Interest Rate Option, Option and each conversion from one Interest Rate Option to another, (ii) the amount Portion of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, and (iii) where relevant, the Euro-Rate Interest Periods applicable to each Option, by communication as provided for in this Agreement. Any such communication may be oral or written and if oral oral, it shall should be followed promptly immediately by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the BorrowerOfficer.

Notification of Election of an Interest Rate Option. The Borrower, by an Authorized Officer, shall notify the Agent of (i) each election or renewal of an Interest Rate Option, Option and each conversion from one Interest Rate Option to another, (ii) the amount Portion of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, and (iii) where relevant, the Euro-Rate Interest Periods applicable to each Option, by communication as provided for in this Agreement. Any such communication may be oral or written and if oral oral, it shall be followed promptly immediately by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the BorrowerOfficer.

Notification of Election of an Interest Rate Option. The --------------------------------------------------- Borrower, by an Authorized Officer, shall notify the Agent of each election of an Interest Rate Option, each conversion from one Interest Rate Option to another, the amount of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, where relevant, the Euro-Rate Interest Periods as provided for in this Agreement. Any such communication may be oral or written and if oral it shall be followed promptly by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the Borrower.

Notification of Election of an Interest Rate Option. The BorrowerBorrowers, by an Authorized Officer, shall notify the Agent of each election of an Interest Rate Option, each conversion from one Interest interest Rate Option to another, the amount of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, where relevant, the Euro-Rate Interest Periods as provided for in this Agreement. Any such communication may be oral or written and if oral it shall be followed promptly by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the BorrowerBorrowers.

Notification of Election of an Interest Rate Option. The --------------------------------------------------- Borrower, by an Authorized Officer, shall notify the Agent of each election of an Interest Rate Option, each conversion from one Interest Rate Option to another, the amount of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, where relevant, the Euro-Rate Interest Periods as provided for in this Agreement. Any such communication may be oral or written and if oral it shall be followed promptly by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the Borrower.

Notification of Election of an Interest Rate Option. The Borrower, by an Authorized Officer, shall notify the Administrative Agent of (i) each election or renewal of an Interest Rate Option, Option and each conversion from one Interest Rate Option to another, (ii) the amount Portion of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, and (iii) where relevant, the Euro-Rate Interest Periods applicable to each Option, by communication as provided for in this Agreement. Any such communication may be oral or written and if oral oral, it shall should be followed promptly immediately by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the BorrowerOfficer.

Notification of Election of an Interest Rate Option. The Borrower, --------------------------------------------------- by an Authorized Officer, shall notify the Agent of each election of an Interest Rate Option, each conversion from one Interest Rate Option to another, the amount of the Revolving Credit Loans then outstanding to be allocated to each Interest Rate Option and, where relevant, the Euro-Rate Interest Periods as provided for in this Agreement. Any such communication may be oral or written and if oral it shall be followed promptly by written confirmation of such Interest Rate Option election executed by an Authorized Officer of the Borrower.