Common use of COMPANY TO FURNISH NOTICE OF ADJUSTMENTS OF INTEREST RATE PERIODS Clause in Contracts

COMPANY TO FURNISH NOTICE OF ADJUSTMENTS OF INTEREST RATE PERIODS. The Company is hereby granted the option to designate from time to time changes in Rate Periods (and to rescind such changes) in the manner and to the extent set forth in Section 2.03 of the Indenture. In the event the Company elects to exercise any such option, the Company agrees that it shall cause notices of adjustments of Rate Periods (or rescissions thereof) to be given to the Issuer, the Trustee and the Remarketing Agent in accordance with Section 2.03(a), (b), (c), (d) or (f) of the Indenture.

Appears in 6 contracts

Samples: Financing Agreement (Nevada Power Co), Financing Agreement (Nevada Power Co), Financing Agreement (Nevada Power Co)

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