Common use of RATE SELECTION Clause in Contracts

RATE SELECTION. Borrower shall select and change its selection of the interest rate as between the Prime-Based Rate and LIBOR to apply to at least $100,000 and in integral multiples of $100,000 thereafter (or the remaining amount available hereunder) of any advance (Loan), subject to the requirements herein stated: (a) At the time any advance is made; (b) At the expiration of the particular LIBOR maturity period selected for the outstanding principal balance of any advance currently bearing interest at the LIBOR Rate; and (c) At any time for the outstanding principal balance of any advance currently bearing interest at the Prime-Based Rate.

RATE SELECTION. The Borrower shall select and change its selection of the interest rate as between among LIBOR, the Prime-Based Federal Funds Rate and LIBOR the Prime Rate to apply to at least $100,000 and in integral multiples of $100,000 50,000 thereafter (or the remaining amount available hereunder) of any advance (Loan)advance, subject to the requirements herein stated: (a) At the time any advance is made; (b) At the expiration of the particular LIBOR maturity period selected for the outstanding principal balance of any advance currently bearing interest at the LIBOR RateLIBOR; and (c) At any time for the outstanding principal balance of any advance currently bearing interest at the Prime-Based Prime Rate.

RATE SELECTION. The Borrower shall select and change its selection of the interest rate as between among LIBOR, the Prime-Based Bank Offered Rate and LIBOR the Prime Rate to apply to at least $100,000 1,000,000 and in integral multiples of $100,000 50,000 thereafter (or the remaining amount available hereunder) of any advance (Loan)advance, subject to the requirements herein stated: (a) At the time any advance is made; (b) At the expiration of the particular LIBOR or Bank Offered Rate maturity period selected for the outstanding principal balance of any advance currently bearing interest at LIBOR or the LIBOR Bank Offered Rate; and (c) At any time for the outstanding principal balance of any advance currently bearing interest at the Prime-Based Prime Rate.

RATE SELECTION. The Borrower shall select and change its selection of the interest rate as between among LIBOR, the Prime-Based Bank Offered Rate and LIBOR the Prime Rate to apply to at least $100,000 500,000 and in integral multiples of $100,000 50,000 thereafter (or the remaining amount available hereunder) of any advance (Loan)advance, subject to the requirements herein stated: (a) At the time any advance is made; (b) At the expiration of the particular LIBOR or Bank Offered Rate maturity period selected for the outstanding principal balance of any advance currently bearing interest at LIBOR or the LIBOR Bank Offered Rate; and (c) At any time for the outstanding principal balance of any advance currently bearing interest at the Prime-Based Prime Rate.

RATE SELECTION. Borrower shall select and change its selection of the interest rate as between the Prime-Based Rate and LIBOR to apply to at least $100,000 and in integral multiples of $100,000 thereafter (or the any remaining amount available hereunder) of any advance (Loan), subject to the requirements herein stated: (a) At the time any advance Loan is made; (b) At the expiration of the particular LIBOR maturity period selected Interest Period Selected for the outstanding principal balance of any advance Loan currently bearing interest at the LIBOR RateLIBOR; and (c) At any time for the outstanding principal balance of any advance Loan currently bearing interest at the Prime-Based Rate.