Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower Borrowers wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or or, subject to availability, such other period as the Borrower Borrowers may select and the Payment Agent (may agree in its absolute discretion, acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereofMajority Banks.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other shorter period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower Borrowers wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), ) months or six (6), nine (9) or twelve (12) months or or, subject to availability, such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3)) months, six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3)) months, six (6)) months, nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may agree, agree and if the Borrower wishes to specify an Interest Period of Borrowers may select no more than 12 months, it must give at least 5 Banking Days prior notice thereofthree Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3), ) or six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.twelve

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other longer period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes Borrowers wish to specify an Interest Period of more than 12 months, it they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3)) months, six (6)) months, nine (9) or months, twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the LendersBanks) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent Bank not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3), ) months or six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) Bank may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), ) or six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may Lenders may, in their complete discretion, agree, and if the Borrower wishes Borrowers wish to specify an Interest Period of more than 12 months, it they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3)) months, six (6)) months, nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, agree and if the Borrower wishes to specify an Interest Period of may select no more than 12 months, it must give at least 5 Banking Days prior notice thereofthree Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or or, subject to availability, such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereofagree in its absolute discretion.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3)) months, six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may Lenders may, in their complete discretion, agree, and if the Borrower wishes Borrowers wish to specify an Interest Period of more than 12 months, it they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or (with the prior agreement of the Lenders) one (1) month or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may Lenders may, in their complete discretion, agree, and if the Borrower wishes Borrowers wish to specify an Interest Period of more than 12 months, it they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3), ) or six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may Lenders may, in their complete discretion, agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3), ) or six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent Lender not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3)) months, six (6)) months, nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) Lender may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), ) months or six (6), ) months or nine (9) months or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereofapprove.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), ) months or six (6), nine (9) or twelve (12) months or such other period as the Borrower may select and the Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3), ) months or six (6), nine (9) or twelve (12) months or such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the LendersMajority Banks) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or (with the prior agreement of all the Lenders) such other period as the Borrower Borrowers may select and the Payment Agent (acting on the instructions of the Lenders) may Lenders may, in their complete discretion, agree, and if the Borrower wishes Borrowers wish to specify an Interest Period of more than 12 months, it they must give at least 5 Banking Days prior notice thereof.