Determination of Interest Periods. Every Interest Period shall be of the duration specified by the Borrowers pursuant to clause 3.2 but so that:
Determination of Interest Periods below) whether such Interest Period shall have a duration of one (1) or three (3) months (or such other period as may be requested by the Borrower and as the Lender, in its sole discretion, may agree to).
Determination of Interest Periods. 3.3.1 the first Interest Period in respect of the first Advance to be made hereunder shall start on its Drawdown Date, and each subsequent Interest Period shall start on the last day of the previous Interest Period;
Determination of Interest Periods. Each Interest Period shall be of a duration of three (3) months (subject to clause 5.1 and the remaining provisions of this clause 5.2) or such other period as the Borrower shall agree with the Facility Agent (acting on the instructions of the Majority Lenders acting reasonably) from time to time, so that:
Determination of Interest Periods. Subject to paragraph (i) of Part 5 of the Schedule to the Master Swap Agreement, every Interest Period shall be of the duration specified by the Borrower pursuant to clause 3.2 but so that:
Determination of Interest Periods. The Interest Period for the Loan (where it is a Compounded Rate Loan) shall be 3 Months.
Determination of Interest Periods. Subject to clause 5.5, each Interest Period shall be determined as follows:
Determination of Interest Periods. Each Interest Period in respect of a Facility (other than the first which shall expire on the first Repayment Date) shall be of a duration of three Months (subject to the remaining provisions of this clause 3.2) or such other period as the Borrower shall agree with the Facility Agent (acting on the instructions of the Lenders (in the case of the Commercial Loan Facility) or the Eksportfinans Facility Lender (in the case of the Eksportfinans Loan Facility) from time to time, so that:
Determination of Interest Periods. 3.2.1 Subject always to clause 3.5, the first Interest Period in respect of each Advance shall commence on the date on which that Advance is made and shall be of one (1), two (2), three (3) or six (6) months’ duration or of any other duration agreed by the Facility Agent (as elected by the Borrower in the Drawdown Notice relating to that Advance) and each subsequent Interest Period in respect of that Advance shall commence on the last day of the previous Interest Period relating to that Advance.
Determination of Interest Periods. 13 5.6 Notification of Interest Periods and interest rate.............................................14 5.7 Market disruption; non-availability............................................................14 5.8 Fixed rate option..............................................................................15
