Selection of an optional duration. (a) If a Borrower selects an Interest Period of an optional duration, it may also select in the relevant Request or notice an Interest Period of an approved duration to apply if the selection of an Interest Period of an optional duration becomes ineffective in accordance with paragraph (b) below.
Appears in 3 contracts
Samples: Agreement (System Energy Resources Inc), Restatement Agreement (Entergy Power Uk PLC), Agreement (Entergy London Capital Lp)
Selection of an optional duration. (a) If a the Borrower selects an Interest Period of an optional duration, it may also select in the relevant Request or notice an Interest Period of an approved duration to apply if the selection of an Interest Period of an optional duration becomes ineffective in accordance with paragraph (b) below.
Appears in 3 contracts
Samples: Agreement (Yorkshire Power Group LTD), Index (Cobe Laboratories Inc), Facility Agreement (Incentive Ab)
Selection of an optional duration. (a) If a Borrower selects an Interest Period a Term of an optional duration, it may also select in the relevant Request or notice an Interest Period a Term of an approved duration to apply if the selection of an Interest Period a Term of an optional duration becomes ineffective in accordance with paragraph (b) below.
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