Common use of Funding Periods Clause in Contracts

Funding Periods. At any time when the Borrower shall select, convert to or renew the CD Rate Option or the Euro-Rate Option to apply to any part of the Loans, the Borrower shall specify one or more periods (the "Funding Periods") during which each such Option shall apply, such Funding Periods being as set forth below: Interest Rate Option Available Funding Periods -------------------- ------------------------- CD Rate Option 30, 60, 90 or 180 days or such longer period as may be offered by all of the Lenders ("CD Rate Funding Period"); and Euro-Rate Option One, two, three or six months or such longer period as may be offered by all of the Lenders ("Euro-Rate Funding Period"); provided, that:

Appears in 3 contracts

Samples: Term Revolving Credit Agreement (Foster Wheeler Corp), Revolving Credit Agreement (Foster Wheeler Corp), Revolving Credit Agreement (Barnes Group Inc)

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Funding Periods. At any time when the Borrower shall select, convert to or renew the CD Rate Option or the Euro-Rate Option to apply to any part of the Loans, the Borrower shall specify one or more 33 42 periods (the "Funding Periods") during which each such Option shall apply, such Funding Periods being as set forth below: Interest Rate Option Available Funding Periods -------------------- ------------------------- -------------------------------------------------- CD Rate Option Option................. 30, 60, 90 or 180 days or such longer period as may be offered by all of the Lenders ("CD Rate Funding Period"); and Euro-Rate Option Option............... One, two, three or six months or such longer period as may be offered by all of the Lenders ("Euro-Rate Funding Period"); provided, that:;

Appears in 1 contract

Samples: Pledge Agreement (Foster Wheeler Corp)

Funding Periods. At any time when the Borrower shall select, convert to or renew the CD Rate Option or the Euro-Rate Option to apply to any part of the Loans, the Borrower shall specify one or more periods (the "Funding Periods") during which each such Option shall apply, such Funding Periods being as set forth below: Interest Rate Option Available Funding Periods -------------------- ------------------------- -------------------------------------------------- CD Rate Option Option................. 30, 60, 90 or 180 days or such longer period as may be offered by all of the Lenders ("CD Rate Funding Period"); and Euro-Rate Option Option............... One, two, three or six months or such longer period as may be offered by all of the Lenders ("Euro-Rate Funding Period"); provided, that:;

Appears in 1 contract

Samples: Pledge Agreement Pledge Agreement (Foster Wheeler Corp)

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Funding Periods. At any time when the Borrower shall select, convert to or renew the CD Rate Option or the Euro-Rate Option to apply to any part of the Loans, the Borrower shall specify one or more periods (the "Funding Periods") during which each such Option shall apply, such Funding Periods being as set forth below: Interest Rate Option Available Funding Periods -------------------- ------------------------- CD Rate Option 30, 60, 90 or 90, 180 days or such longer period as may be offered by all of the Lenders in their sole discretion ("CD Rate Funding Period"); and Euro-Rate Option One, two, three or three, six months or one year or such longer period as may be offered by all of the Lenders in their sole discretion ("Euro-Rate Funding Period"); As-Offered December 30, 1998 to December 31, 1998 ("As-Offered Funding Period"); provided, that:

Appears in 1 contract

Samples: Credit Agreement (Curtiss Wright Corp)

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