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Common use of Selection Clause in Contracts

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six months.

Appears in 3 contracts

Samples: Multicurrency Revolving Credit Facility (United States Steel Corp), Multicurrency Revolving Credit Facility (United States Steel Corp), Credit Facility Agreement (United States Steel Corp)

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Selection. (a) Each Loan has one Term only, commencing on its Utilisation Date. (b) The Company relevant Borrower must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the relevant Borrower and the Facility Agent (acting on the instructions of all the Lenders).

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lenders.

Appears in 2 contracts

Samples: Credit Facility (Tele2 Ab), Credit Facility (Tele2 Ab)

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and all the Lenders.

Appears in 2 contracts

Samples: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)

Selection. (a) Each Loan has shall have one Term only. (b) The Company Borrower must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or either one, two, three or six monthsmonths or any other period agreed by the Borrower and the Banks.

Appears in 1 contract

Samples: Loan Agreement (Teekay LNG Partners L.P.)

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, two or three months or six monthsany other period shorter than three months agreed by the Company and the Facility Agent or any other period agreed by the Company and the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Oce N V)

Selection. (a) Each Loan has one Term only. (b) The Company A Borrower must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Revolving Credit Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lenders.

Appears in 1 contract

Samples: Multicurrency Credit Facilities Agreement (Alfa Laval Special Finance Ab)

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lender.

Appears in 1 contract

Samples: Credit Facility Agreement (United Auto Group Inc)

Selection. (a) Each Loan (other than the Term Loan) has one Term only. (b) The Company must A Borrower will select the Term for a Loan (other than the Term Loan) in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan (other than the Term Loan) will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Parent and the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Smith & Nephew PLC)

Selection. (a) Each The Loan has one successive Terms. Each Term onlyfor the Loan will start on the Utilisation Date or on the expiry of its preceding Term. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this ClauseClause 9, each Term for a the Loan will be one three months or two weeks, or one, two, three or six monthsany other period agreed by the Company and all the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Baidu, Inc.)

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Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lenders. (d) The Term of the first Loan made under Tranche A may, notwithstanding the terms of this sub-clause, be the period specified by the Company in the Request as being the period which matches the period to the next interest payment date under the October Facility.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Edizione Holding Spa)

Selection. (a) Each Loan has one Term only. (b) The Company Borrower must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six months or any other period (not greater than twelve months) agreed by the Borrower and the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Centex Corp)

Selection. (a) Each Loan has one Term only. (b) The Company must will select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Oratec Interventions Inc)

Selection. (a) Each Loan has one Term only. (b) The Company A Borrower must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed by the Company and the Lenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Royal Ahold)

Selection. (a) Each Loan has one Term only. (b) The Company must select the Term for a Loan in the relevant Request. (c) Subject to the following provisions of this Clause, each Term for a Loan will be one or two weeks, or one, two, three or six monthsmonths or any other period agreed in writing by the Lenders acting unanimously.

Appears in 1 contract

Samples: Facility Agreement (United States Steel Corp)

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