Common use of RATE OPTIONS FOR ALL ADVANCES Clause in Contracts

RATE OPTIONS FOR ALL ADVANCES. The Advances 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 six (6) 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 2 contracts

Samples: Credit Agreement (Printpack Inc), Credit Agreement (Printpack Inc)

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RATE OPTIONS FOR ALL ADVANCES. The Advances may be Floating Rate ----------------------------- Advances or Eurodollar Rate Advances, or a combination thereof, selected by the applicable Borrower in accordance with Section 2.10. The applicable 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 six (6) 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 (Pacer International Inc)

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RATE OPTIONS FOR ALL ADVANCES. The Advances may be Floating Rate Advances or Eurodollar Rate Advances, or a combination thereof, selected by the Borrower in accordance with Section 2.102.11. The Borrower may select, in accordance with Section 2.102.11, Rate Options and Interest Periods applicable to portions of the Revolving Loans and the Term Loans; provided that there shall be no more than six (6) 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 (SCP Pool Corp)

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