Common use of Eurodollar Rate Loans After Default Clause in Contracts

Eurodollar Rate Loans After Default. Unless the Agent and the Required Banks shall otherwise agree, after the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan.

Appears in 1 contract

Samples: Credit Agreement (American Homepatient Inc)

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Eurodollar Rate Loans After Default. Unless the Agent and the Required Banks Requisite Lenders shall otherwise agree, after the occurrence of and during the continuance of a Potential Event of Default or an Event of Default, the Borrower Company may not elect to have a Revolving Credit Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Eurodollar Rate Loan.

Appears in 1 contract

Samples: Credit Agreement (Nu Kote Holding Inc /De/)

Eurodollar Rate Loans After Default. Unless the Agent and the Required Banks shall otherwise agree, after the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Revolving Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Revolving Loan.

Appears in 1 contract

Samples: Credit Agreement (Capstone Pharmacy Services Inc)

Eurodollar Rate Loans After Default. Unless the Agent and the Required Banks Lenders shall otherwise agree, after the occurrence of and during the continuance of a Default or an Event of Default, the Borrower may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan.

Appears in 1 contract

Samples: Credit Agreement (American Homepatient Inc)

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Eurodollar Rate Loans After Default. Unless the Agent and the Required Banks shall otherwise agree, after After the occurrence of and during the continuance continuation of a Potential Event of Default or an Event of Default, the Borrower (i) Borrowers may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan.Loan and (ii) subject to the provisions of subsection 2.6D, any Notice of Borrowing or Notice of Conversion/Continuation

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

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