Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Bank pursuant to Section 7.2 or by Borrower pursuant to Section 7.3 requiring LIBOR Loans to be repaid, then, unless and until such Bank or Agent notifies Borrower that the circumstances giving rise to such repayment no longer apply:
Appears in 2 contracts
Samples: Credit Agreement (Shoe Carnival Inc), Credit Agreement (Shoe Carnival Inc)
Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any a Bank pursuant to Section 7.2 Sections 2.11 or 2.12 or by Borrower pursuant to Section 7.3 2.13 requiring LIBOR Loans of any Bank to be repaid, then, unless and until such Bank or Agent notifies Borrower that the circumstances giving rise to such repayment no longer apply:, all Loans which would otherwise be made by such Bank to Borrower as LIBOR Loans shall be made instead as Prime Loans. Such Bank shall promptly notify Borrower if and when the circumstances giving rise to such repayment no longer apply.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Huntco Inc), Revolving Credit Agreement (Huntco Inc)
Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Bank pursuant to Section 7.2 Sections 2.14 or by Borrower pursuant to Section 7.3 requiring LIBOR Loans to be repaid, 2.15 then, unless and until such Bank or Agent notifies Borrower that the circumstances giving rise to such repayment no longer apply:, all Loans which would otherwise be made to Borrower as LIBOR Loans shall be made instead as Prime Loans. Bank shall promptly notify Borrower if and when the circumstances giving rise to such repayment no longer apply.
Appears in 1 contract
Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Bank pursuant to Section 7.2 3.9 or 3.10 or by Borrower Borrowers pursuant to Section 7.3 3.11(b) requiring LIBOR Loans to be repaid, then, unless and until such Bank or Agent notifies Borrower Borrowers that the circumstances giving rise to such repayment no longer apply:, all Loans which would otherwise be made by Bank to Borrowers as LIBOR Loans shall be made instead as Prime Loans. Bank shall notify Borrowers if and when the circumstances giving rise to such repayment no longer apply.
Appears in 1 contract
Samples: Credit Agreement (Virbac Corp)