Common use of Optional Bases of Borrowing Clause in Contracts

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 each Set of Loans shall bear interest for each day until due on one or more bases selected by the Borrower Borrowers from the interest rate Options set forth below. Subject , it being understood that, subject to the provisions of this Agreement, the Borrower Borrowers may select different Options options to apply simultaneously to different Portions Subsets of the Loans and may select different Funding Segments to apply simultaneously to different parts Subsets of the Euro-LIBOR Rate Portion of the Loans.Portion:

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 a Borrower from among the interest rate Options set forth below. Subject to the provisions of this Agreement, the Agreement a 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, it being understood that the Base Rate Option may not be selected for Loans denominated in Pounds or Euros.