RATE OPTIONS FOR ALL ADVANCES. The Revolving Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the Borrower in accordance with SECTION 2.
Appears in 9 contracts
Samples: Credit Agreement (Transportation Components Inc), Credit Agreement (Transportation Components Inc), Credit Agreement (Precept Business Services Inc)
RATE OPTIONS FOR ALL ADVANCES. The Revolving Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the Borrower in accordance with SECTION 2Section 2.8. The Borrower may select, in accordance with Section 2.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided that there shall be no more than five (5) Interest Periods in effect with respect to all of the Loans at any time.
Appears in 1 contract
RATE OPTIONS FOR ALL ADVANCES. The Revolving Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the applicable Borrower in accordance with SECTION 22.8. The applicable Borrower may select, in accordance with SECTION 2.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans; PROVIDED that there shall be no more than three (3) Interest Periods in effect with respect to all of the Loans at any time.
Appears in 1 contract
Samples: Credit Agreement (American Architectural Products Corp)
