Optional Bases of Borrowing. The unpaid principal amount of the Loans shall bear interest for each day until due on one or more bases selected by the applicable Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement the Borrowers may select different options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the Euro-Rate Portion of the Loans. The aggregate number of Funding Segments applicable to the Euro-Rate Portion of the Revolving Credit Loans at any time shall not exceed ten without the approval of the Agent.
Optional Bases of Borrowing. The unpaid principal amount of the Revolving Credit Loans shall bear interest for each day from and including the date on which funds are made available to the Borrower by the Administrative Agent and to but excluding the date of repayment on one or more bases selected by the Borrower from among the interest rate options set forth below. Subject to the provisions of this Agreement the Borrower may select different options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the CD Rate Portion or the Euro-Rate Portion of the Loans. Each selection of a rate Option shall apply separately and without overlap to the Revolving Credit Loans as a class. The aggregate number of Funding Segments applicable to the CD Rate Portion and the Euro-Rate Portion of the Revolving Credit Loans at any time shall not exceed ten unless otherwise permitted by the Administrative Agent.
Optional Bases of Borrowing. The unpaid principal amount of the Loans shall bear interest for each day until due on one or more bases selected by the Borrower from the interest rate Options set forth below. Subject to the provisions of this Agreement, the Borrower may select different Options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the Euro-Rate Portion of the Loans.
Optional Bases of Borrowing. The unpaid principal amount of the Loans shall bear interest for each day from and including the date on which funds are made available to the Relevant Borrower by the Administrative Agent and to but excluding the date of repayment on one or more bases selected by the Parent from among the interest rate Options set forth below; provided, however, that (w) the Base Rate Option may not be selected to apply to Revolving Credit Loans which are denominated in a currency other than Dollars, (x) the Euro-Rate Option may not be selected to apply to Revolving Credit Loans which are denominated in Canadian Dollars, (y) a CDOR Option shall apply to all Revolving Credit Loans denominated in Canadian Dollars (and only those Loans) and (z) the LIBOR Market Index Rate shall apply to all Swingline Loans (and only those Loans). Subject to the provisions of this Agreement, the Parent may select different Options to apply simultaneously to different Portions of the Revolving Credit Loans and may select different Funding Segments to apply simultaneously to different parts of each of the Euro-Rate Portion and the CDOR Portion of the Revolving Credit Loans. The aggregate number of Funding Segments applicable to all of the Euro-Rate Portions and CDOR Portions of the Revolving Credit Loans at any time shall not exceed six unless otherwise permitted by the Administrative Agent.
Optional Bases of Borrowing. The unpaid principal amount of the --------------------------- Loans shall bear interest for each day until due on one or more bases selected by the Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement the Borrower may select different Options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the Euro-Rate Portion of the Loans. Each selection of a rate Option shall apply separately. The aggregate number of Funding Segments applicable to the Euro-Rate Portion of the Revolving Credit Loans at any time shall not exceed eight.
Optional Bases of Borrowing. The unpaid principal amount of the Loans shall bear interest for each day until due on one or more bases selected by the Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement, the Borrower may select different Options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the LIBOR Portion of the Loans. The aggregate number of Funding Segments applicable to the LIBOR Portion of the Loans at any time shall not exceed ten (10).
Optional Bases of Borrowing. The unpaid principal amount of the Revolving Credit Loans shall bear interest for each day from and including the date on which funds are made available to the Borrower by the Administrative Agent and to but excluding the date of repayment on one or more bases selected by the Borrower from among the interest rate options set forth below. Subject to the provisions of this Agreement the Borrower may select different options to apply simultaneously to different 22 28 Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the CD Rate Portion or the Euro-Rate Portion of the Loans. Each selection of a rate Option shall apply separately and without overlap to the Revolving Credit Loans as a class. The aggregate number of Funding Segments applicable to the CD Rate Portion and the Euro-Rate Portion of the Revolving Credit Loans at any time shall not exceed ten unless otherwise permitted by the Administrative Agent.
Optional Bases of Borrowing. The unpaid principal amount of the Revolving Credit Loans shall bear interest for each day until due on one or more bases selected by the Borrower from among the interest rate options set forth below. Subject to the provisions and limitations of this Agreement, the Borrower may select different Options to apply simultaneously to different Revolving Credit Loans and may select different Funding Periods to apply simultaneously to different parts of each Fixed LIBOR Rate Loan.
(i) FLOATING RATE OPTION. A rate per annum (computed on a basis of a year of 360 days and actual days elapsed) for each day equal to the Prime Rate plus or minus, as the case may be, the amount of basis points hereinafter set forth next to the Applicable Margin Ratio in effect as of the date the Floating Rate Option is selected by the Borrower or otherwise goes or remains in effect pursuant to this Agreement. ------------------------------------------------------------------------------------------------------------ APPLICABLE MARGIN RATIO (measured as of the date the Floating Rate Option selected by Borrower goes into PLUS OR MINUS, AS INDICATED, effect or otherwise goes or remains in effect pursuant to THE FOLLOWING BASIS POINTS: this Agreement) ------------------------------------------------------------------------------------------------------------ greater than or equal to 4.00 but less than 4.10 75 ------------------------------------------------------------------------------------------------------------ greater than or equal to 3.50 but less than 4.00 50 ------------------------------------------------------------------------------------------------------------ greater than or equal to 3.25 but less than 3.50 37.5 ------------------------------------------------------------------------------------------------------------ greater than or equal to 2.25 but less than 3.25 25 ------------------------------------------------------------------------------------------------------------ greater than or equal to 1.00 but less than 2.25 0 ------------------------------------------------------------------------------------------------------------ less than 1.00 -12.5 ------------------------------------------------------------------------------------------------------------
(ii) FIXED LIBOR RATE OPTION. A rate per annum (based on a year of 360 days and actual days elapsed) for each day during the applicable Funding Period equal to the Fixed LIBOR Rate for such Funding Period plus the amou...
Optional Bases of Borrowing. The unpaid principal amount of the Revolving Credit Loans shall bear interest for each day from and including the date on which funds are made available to the Borrower by the Agent and to but excluding the date of repayment on one or more bases selected by the Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement the Borrower may select different Options to apply simultaneously to different Portions of the Loans and may select different Funding Segments to apply simultaneously to different parts of the CD Rate Portion or the Euro-Rate Portion of the Loans. Each selection of a rate Option shall apply separately and without overlap to the Revolving Credit Loans as a class. The aggregate number of Funding Segments applicable to the CD Rate Portion and the Euro-Rate Portion of the Revolving Credit Loans at any time shall not exceed six unless otherwise permitted by the Agent.
Optional Bases of Borrowing. The unpaid principal amount of the Revolving Credit Loans shall bear interest for each day until due on one or more bases selected by a Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement a Borrower may select different Options to apply simultaneously to different Portions of the Revolving Credit Loans and may select different Funding Segments to apply simultaneously to different parts of the Euro-Rate Portion of the Revolving Credit Loans.
