Common use of Quoted Rate Option Clause in Contracts

Quoted Rate Option. At the request of Borrower in a Borrowing Notice, the Loans under the Term Facility to be made under such Borrowing Notice shall bear interest at the initial Quoted Rate (a “Quoted Rate Loan”). The Borrowing notice must confirm that the entire principal amount of the Loan under the Term Facility to be borrowed under such Borrowing Notice is to bear interest at the Quoted Rate for a period beginning on the Funding Date of such Loan until the Maturity Date (“Quoted Rate Period”).

Quoted Rate Option. At the request of Borrower in a Borrowing Notice, the Loans under the Term Facility to be made under such Borrowing Notice shall bear interest at the initial Quoted Rate Rate (a “Quoted Rate Loan”). The Borrowing notice must confirm that the entire principal amount of the Term Loan under the Term Facility to be borrowed under such Borrowing Notice is to bear interest at the Quoted Rate for a period beginning on the Funding Date of such Loan until the Maturity Date (“Quoted Rate Period”).

Quoted Rate Option. At the request of Borrower in a Borrowing Notice, Notice,3.1.3 the Loans under the Term Facility to be made under such Borrowing Notice shall bear interest at the initial Quoted Rate (a “Quoted Rate Loan”). The Borrowing notice must confirm that the entire principal amount of the Term Loan under the Term Facility to be borrowed under such Borrowing Notice is to bear interest at the Quoted Rate for a period beginning on the Funding Date of such Loan until the Maturity Date (“Quoted Rate Period”). Additional Provisions for LIBO Rate Loans.