Current Interest Period definition
Examples of Current Interest Period in a sentence
The undersigned hereby gives notice pursuant to Section 2.04(b) of the Credit Agreement of its desire to continue the Loans specified below as Loans of the Types and in the amounts specified below on [insert effective date of continuation]: Type of Loan6 Last Day of Current Interest Period Amount Type of Loan Interest Period Amount The undersigned represents and warrants that the continuations requested hereby comply with the requirements of the Credit Agreement.
The undersigned hereby gives notice pursuant to Section 2.04(b) of the Credit Agreement of its desire to continue the Loans specified below as Loans of the Types and in the amounts specified below on [insert effective date of continuation]: Type of Loan6 Last Day of Current Interest Period Amount Type of Loan Interest Period Amount 6 Specify the currency and the duration of the Interest Period in the case of Eurodollar Loans.
If the Borrower fails to deliver to the Agent such notice with respect to a Eurodollar Loan by the time required therefor, such Eurodollar Loan shall automatically convert into a Base Rate Loan on the last day of the Current Interest Period for such Eurodollar Loan.
The undersigned hereby gives notice pursuant to Section 1.05 of the Credit Agreement that it will prepay the Loans specified below on [insert date of prepayment]: Type of Loan[1] Last Day of Current Interest Period Amount The undersigned represents and warrants that the prepayment requested hereby complies with the requirements of the Credit Agreement.
The undersigned hereby gives notice pursuant to Section 2.04(b) of the Credit Agreement of its desire to continue the Loans specified below as Loans of the Types and in the amounts specified below on [insert effective date of continuation]3: Type of Loan4 Last Day of Current Interest Period Amount Type of Loan Interest Period Amount ____________ _____________ ____________ ___________ _________ ______ 3 The effective date shall be a Business Day.