Common use of Consolidation and division of Loans Clause in Contracts

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.

Appears in 3 contracts

Samples: Facility Agreement (McGraw-Hill Global Education Intermediate Holdings, LLC), Facility Agreement (Huang Julia), Facility Agreement (ChinaEdu CORP)

AutoNDA by SimpleDocs

Consolidation and division of Loans. If the Interest Periods of two or more Interest Periods which relate to Loans end on the same date, those Loans 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 Loan on the last day of the Interest Period.

Appears in 2 contracts

Samples: Agreement (Aluminum Corp of China), Agreement (Aluminum Corp of China)

Consolidation and division of Loans. If the Interest Periods of two or more Loans Interest Periods end on the same date, those Loans will, will be consolidated into, and treated as, a single Loan on the last day of the Interest Period.

Appears in 2 contracts

Samples: Agreement (Polestar Automotive Holding UK PLC), Term Facility Agreement (Polestar Automotive Holding UK PLC)

Consolidation and division of Loans. If the Interest Periods of two or more Loans end on the same date, those Loans will, will be consolidated into, and treated as, a single Loan on the last day of the Interest Period.

Appears in 1 contract

Samples: Facility Agreement

AutoNDA by SimpleDocs

Consolidation and division of Loans. If the Interest Periods of Where two or more Loans end on in the same date, those Loans will, currency have the same Interest Period they will be consolidated into, and treated as, a single one Loan on the last day of the Interest Period.

Appears in 1 contract

Samples: Facility Agreement (GAN LTD)

Consolidation and division of Loans. If the Interest Periods of two or more Loans Interest Periods end on the same date, date those Loans will, will be consolidated into, and treated as, a single Loan on the last day of the Interest Period.

Appears in 1 contract

Samples: Facility Agreement (Spansion Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.