Consolidation and division of Loans Sample Clauses

Consolidation and division of Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
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Consolidation and division of Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods end on the same date, those Loans will, unless that Borrower (or the Company on its behalf) specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Loan on the last day of the Interest Period.
Consolidation and division of Loans. If two or more Interest Periods:
Consolidation and division of Loans. If the Interest Periods of two or more Loans end on the same date, those Loans will, be consolidated into, and treated as, a single Loan on the last day of the Interest Period.
Consolidation and division of Loans. (A) Subject to paragraph (B) below, if two or more Interest Periods for Loans under the Facility end on the same date, those Loans will, unless Kosmos specifies to the contrary in the Utilisation Request or in a notice to the Facility Agent, be consolidated into, and treated as, a single Loan under the Facility on the last day of the Interest Period.
Consolidation and division of Loans. 9.4.1 Subject to Clause 9.4.2, if two or more Interest Periods:
Consolidation and division of Loans. The Borrower may not request that a Loan be consolidated or divided.
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Consolidation and division of Loans. (a) If two or more Interest Periods for Loans in the same Facility:
Consolidation and division of Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods end on the same date, the relevant LIBOR Loans to which they relate will (or, in the case of a Reference Rate Loan that Converts to a LIBOR Loan on the same date that an Interest Period expires as to any LIBOR Loan, the relevant LIBOR Loan and such Reference Rate Loan that is subject to the Conversion will), unless the Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single LIBOR Loan on the last day of the Interest Period.

Related to Consolidation and division of Loans

  • Merger Consolidation or Conversion of the Depositor, the Master Servicers, the Trust Advisor or the Special Servicers.

  • Merger, Conversion, Consolidation or Succession to Business Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

  • Merger, Consolidation or Succession Any Person (a) into which the Asset Representations Reviewer is merged or consolidated, (b) resulting from any merger or consolidation to which the Asset Representations Reviewer is a party or (c) succeeding to the business of the Asset Representations Reviewer, if that Person meets the eligibility requirements in Section 5.1, will be the successor to the Asset Representations Reviewer under this Agreement. Such Person will execute and deliver to the Issuer and the Servicer an agreement to assume the Asset Representations Reviewer’s obligations under this Agreement (unless the assumption happens by operation of law).

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