Common use of Prime Loans Substituted for Affected LIBOR Loans Clause in Contracts

Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Lender pursuant to Section 3.6 or 3.7 or by the Borrower pursuant to Section 3.8 requiring LIBOR Loans to be repaid or converted, then, unless and until such Lender notifies the Borrower that the circumstances giving rise to such repayment or conversion no longer apply, all Loans which would otherwise be made by such Lender to the Borrower as LIBOR Loans shall be made instead as Prime Loans. Any such Lender shall notify the Borrower if and when the circumstances giving rise to such repayment no longer apply. All indemnities and all provisions relating to reimbursement to any Lender of amounts sufficient to protect the yield to such Lender with respect to the Loans, including, without limitation, Sections 3.5, 3.6, 3.7, and 3.8 hereof, shall survive the payment of the Notes and the termination of this Agreement.

Prime Loans Substituted for Affected LIBOR Loans. If ------------------------------------------------ notice has been given by any Lender pursuant to Section 3.6 3.10 or 3.7 3.11 or by the Borrower Borrowers pursuant to Section 3.8 3.12 requiring LIBOR Loans to be repaid or converted, then, unless and until such Lender notifies the Borrower Borrowers that the circumstances giving rise to such repayment or conversion no longer apply, all Loans which would otherwise be made by such Lender to the Borrower Borrowers as LIBOR Loans shall be made instead as Prime Loans. Any such Lender shall promptly notify the Borrower Borrowers if and when the circumstances giving rise to such repayment no longer apply. All indemnities and all provisions relating to reimbursement to any Lender of amounts sufficient to protect the yield to such Lender with respect to the Loans, including, without limitation, Sections 3.53.9, 3.63.10, 3.7, 3.11 and 3.8 3.12 hereof, shall survive the payment of the Notes and the termination of this Agreement.

Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Lender Bank pursuant to Section 3.6 or 3.7 or by the Borrower pursuant to Section 3.8 requiring LIBOR Loans to be repaid or converted, then, unless and until such Lender Bank notifies the Borrower that the circumstances giving rise to such repayment or conversion no longer apply, all Revolving Credit Loans which would otherwise be made by such Lender Bank to the Borrower as LIBOR Loans shall be made instead as Prime Loans. Any such Lender Bank shall promptly notify the Borrower if and when the circumstances giving rise to such repayment no longer apply. All indemnities and all provisions relating to reimbursement to any Lender Bank of amounts sufficient to protect the yield to such Lender Bank with respect to the Revolving Credit Loans, including, without limitation, Sections 3.5, 3.6, 3.7, 3.7 and 3.8 hereof, shall survive the payment of the Notes and the termination of this AgreementAgreement for the period specified in such Sections.

Prime Loans Substituted for Affected LIBOR Loans. If notice has been given by any Lender pursuant to Section 3.6 3.7 or 3.7 3.8 or by the Borrower pursuant to Section 3.8 3.9 requiring LIBOR Loans to be repaid or converted, then, unless and until such Lender notifies the Borrower that the circumstances giving rise to such repayment or conversion no longer apply, all Loans which would otherwise be made by such Lender to the Borrower as LIBOR Loans shall be made instead as Prime Loans. Any such Lender shall notify the Borrower if and when the circumstances giving rise to such repayment no longer apply. All indemnities and all provisions relating to reimbursement to any Lender of amounts sufficient to protect the yield to such Lender with respect to the Loans, including, without limitation, Sections 3.5, 3.6, 3.7, 3.8 and 3.8 3.9 hereof, shall survive the payment of the Notes and the termination of this Agreement.