Common use of Unavailability of LIBOR Loans Clause in Contracts

Unavailability of LIBOR Loans. Unless Agent shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower may not elect to have a Loan made as a LIBOR Loan.

Appears in 6 contracts

Samples: Warehousing Credit Agreement (PLM International Inc), Warehousing Credit Agreement (PLM International Inc), Warehousing Credit Agreement (PLM International Inc)

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Unavailability of LIBOR Loans. Unless Agent shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower may not elect to have a Loan made converted into or continued as a LIBOR Loan.

Appears in 6 contracts

Samples: Warehousing Credit Agreement (PLM International Inc), Warehousing Credit Agreement (American Finance Group Inc /De/), Warehousing Credit Agreement (PLM International Inc)

Unavailability of LIBOR Loans. Unless Agent the Requisite Lenders shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower Borrowers may not elect to have a Loan made converted into or continued as a LIBOR Loan.

Appears in 5 contracts

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund V), Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii)

Unavailability of LIBOR Loans. Unless Agent the Requisite Lenders shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower Borrowers may not elect to have a Loan made as a LIBOR Loan.

Appears in 5 contracts

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth Fund V), Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii)

Unavailability of LIBOR Loans. Unless Agent shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower Borrowers may not elect to have a Loan made as a LIBOR Loan.

Appears in 4 contracts

Samples: Warehousing Credit Agreement (Professional Lease Management Income Fund I LLC), Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth Fund V)

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Unavailability of LIBOR Loans. Unless Agent shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower Borrowers may not elect to have a Loan made converted into or continued as a LIBOR Loan.

Appears in 4 contracts

Samples: Warehousing Credit Agreement (Professional Lease Management Income Fund I LLC), Warehousing Credit Agreement (PLM Equipment Growth Fund Iii), Warehousing Credit Agreement (PLM Equipment Growth Fund V)

Unavailability of LIBOR Loans. Unless Agent the Requisite Lenders shall otherwise consent, Borrower may not elect to have any Loan made as a LIBOR Loan during the existence of an Event of Default or Potential Event of Default, Borrower may not elect to have a Loan made as a LIBOR Loan.

Appears in 1 contract

Samples: Credit Agreement (PLM Equipment Growth Fund Vi)

Unavailability of LIBOR Loans. Unless Agent the Requisite Lenders shall otherwise consent, during the existence of an Event of Default or Potential Event of Default, Borrower may not elect to have a Loan made converted into or continued as a LIBOR Loan.

Appears in 1 contract

Samples: Credit Agreement (PLM Equipment Growth Fund Vi)

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