Common use of Selection of Rate Options and LIBOR Interest Periods Clause in Contracts

Selection of Rate Options and LIBOR Interest Periods. (a) Borrower, from time to time, may select the Rate Option and, in the case of each LIBOR Advance, the commencement date (which shall be a Business Day) and the length of the LIBOR Interest Period applicable to each LIBOR Advance. Borrower shall give Administrative Agent irrevocable notice (a "

Appears in 5 contracts

Samples: Assignment Agreement (Equity Inns Inc), Assignment Agreement (First Industrial Realty Trust Inc), Assignment Agreement (First Industrial Realty Trust Inc)

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Selection of Rate Options and LIBOR Interest Periods. (a) Borrower, from time to time, may select the Rate Option and, in the case of each LIBOR Advance, the commencement date (which shall be a Business Day) and the length of the LIBOR Interest Period applicable to each LIBOR Advance. Borrower shall give Administrative Agent irrevocable notice (a "“Borrowing Notice” not later than

Appears in 1 contract

Samples: Credit Agreement (First Industrial Realty Trust Inc)

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Selection of Rate Options and LIBOR Interest Periods. (a) a Borrower, from time to time, may select the Rate Option and, in the case of each LIBOR Advance, the commencement date (which shall be a Business Day) and the length of the LIBOR Interest Period applicable to each LIBOR Advance. Borrower shall give Administrative Agent irrevocable notice (a "

Appears in 1 contract

Samples: Revolving Credit Agreement (Bradley Real Estate Inc)

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