Common use of Selection of Interest Periods and Terms Clause in Contracts

Selection of Interest Periods and Terms. 11.1.1 The Borrower may select an Interest Period for a Loan in the Utilisation Request for that Loan or (if the Loan has already been borrowed) in a Selection Notice. 11.1.2 Each Selection Notice for a Loan is irrevocable and must be delivered to the Agent by the Borrower not later than the Specified Time. 11.1.3 If the Borrower fails to deliver a Selection Notice to the Agent in accordance with clause 11.1.2, the relevant Interest Period will, subject to clause 11.2 (Changes to Interest Periods), be one month. 11.1.4 Subject to this clause 11, the Borrower may select an Interest Period of one, three, six or 12 months or any other period agreed between the Borrower and the Agent (acting on the instructions of the Lenders).

Selection of Interest Periods and Terms. 11.1.1 The Borrower may select an Interest Period for a Loan in the Utilisation Request for that Loan or (if the Loan has already been borrowed) in a Selection Notice. 11.1.2 Each Selection Notice for a Loan is irrevocable and must be delivered to the Agent by the Borrower not later than the Specified Time. 11.1.3 If the Borrower fails to deliver a Selection Notice to the Agent in accordance with clause 11.1.2, the relevant Interest Period will, subject to clause 11.2 (Changes to Interest Periods), be one month. 11.1.4 Subject to this clause 11, the Borrower may select an Interest Period of one, three, six or 12 twelve months or any other period agreed between the Borrower and the Agent (acting on the instructions of the Lenders).

Selection of Interest Periods and Terms. 11.1.1 The Borrower may select an Interest Period for a Loan in the Utilisation Request for that Loan or (if the Loan has already been borrowed) in a Selection Notice. 11.1.2 Each Selection Notice for a Loan is irrevocable and must be delivered to the Agent by the Borrower not later than the Specified Time. 11.1.3 If the Borrower fails to deliver a Selection Notice to the Agent in accordance with clause 11.1.2Clause 11.1.2 above, the relevant Interest Period will, subject to clause 11.2 (Changes to Interest Periods), will be one monththree Months. 11.1.4 Subject to this clause Clause 11, the Borrower may select an Interest Period of one, three, three or six or 12 months Months or any other period agreed between the Borrower and the Agent (acting on the instructions of all the Lenders).