Common use of Rate Options for all Advances; Maximum Interest Periods Clause in Contracts

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be ABR Loans or Eurodollar Rate Loans, or a combination thereof, selected by the Borrower in accordance with ‎Section 2.09. The Borrower may select, in accordance with ‎Section 2.09, rate options and Interest Periods applicable to the Revolving Loans and Term Loans; provided that there shall be no more than eight (8) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 2 contracts

Samples: Credit Agreement (Inovalon Holdings, Inc.), Credit Agreement (Inovalon Holdings, Inc.)

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Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be ABR Loans Floating Rate Advances or Eurodollar Eurocurrency Rate LoansAdvances, or a combination thereof, selected by the Company or the applicable Borrower in accordance with ‎Section 2.09Section 2.9. The Company or the applicable Borrower may select, in accordance with ‎Section 2.09Section 2.9, rate options Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than eight twelve (8) 12) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be ABR Loans Floating Rate Advances or Eurodollar Fixed Rate LoansAdvances, or a combination thereof, selected by the Company or the applicable Borrower in accordance with ‎Section 2.09Section 2.8. The Company or the applicable Borrower may select, in accordance with ‎Section 2.09Section 2.10, rate options Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than eight twelve (8) 12) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be ABR Loans Floating Rate Advances or Eurodollar Rate LoansAdvances, or a combination thereof, selected by the Borrower applicable Borrowers in accordance with ‎Section 2.09Section 2.9. The Borrower Borrowers may select, in accordance with ‎Section 2.09Section 2.9, rate options Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than eight seven (8) 7) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chicago Bridge & Iron Co N V)

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Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be ABR Loans Floating Rate Advances or Eurodollar Rate LoansAdvances, or a combination thereof, selected by the Borrower in accordance with ‎Section 2.09Section 2.9. The Borrower may select, in accordance with ‎Section 2.09Section 2.9, rate options Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than eight ten (8) 10) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Quixote Corp)

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