Common use of RATE OPTIONS FOR ALL ADVANCES Clause in Contracts

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 2.10. The Borrower may select, in accordance with Section 2.10, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the 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 1 contract

Samples: Credit Agreement (Finishmaster Inc)

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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 Representative in accordance with Section 2.10. The Borrower Representative may select, in accordance with Section Sections 2.8 or 2.10, as the case may be, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the 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. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

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 2.10SECTION 2.8. The Borrower may select, in accordance with Section 2.10SECTION 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 eight seven (8) 7) Interest Periods in effect with respect to all of the Revolving Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Metals Usa 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 2.102.8, but subject to the limitation in Section 2.1 with respect to Revolving Loans made on the Closing Date. The Borrower may select, in accordance with Section 2.102.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided that there shall be no more than eight four (8) 4) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Haynes International 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 2.102.8. The Borrower may select, in accordance with Section 2.102.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided that there shall be no more than eight five (8) 5) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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 2.102.8. The Borrower may select, in accordance with Section 2.102.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided that there shall be no more than eight five (8) 5) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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RATE OPTIONS FOR ALL ADVANCES. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the Borrower in accordance with Section 2.10. The Borrower may select, in accordance with Section 2.10, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the 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. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Finishmaster 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 applicable Borrower in accordance with Section 2.10SECTION 2.8. The applicable Borrower may select, in accordance with Section 2.10SECTION 2.8, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided PROVIDED that there shall be no more than eight three (8) 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)

RATE OPTIONS FOR ALL ADVANCES. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the Borrower in accordance with Section 2.10. The Borrower may select, in accordance with Section 2.10, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the 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. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Binks Sames Corp)

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