Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Period of one month in principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.
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Samples: Agreement (Triple Flag Precious Metals Corp.), Credit Agreement (Triple Flag Precious Metals Corp.), Credit Agreement (Triple Flag Precious Metals Corp.)
Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Interest Period of one month in principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.
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Samples: Credit Agreement (Ero Copper Corp.)
Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Interest Period of one month in the principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.
Appears in 1 contract