Common use of Interest Periods and Contract Periods Clause in Contracts

Interest Periods and Contract Periods. In connection with the making, conversion or continuation of (a) any LIBOR Loans, the Lead Borrower (in the case of Loans to a U.S. Borrower or the Canadian Borrower) or the German Lead Borrower (in the case of Loans to a German Borrower) shall select an interest period (“Interest Period”) to apply, which interest period shall be one, two, three or six months and (b) any B/A Equivalent Loans, the Canadian Borrower shall select a Contract Period to apply, which Contract Period shall be one, two, three or six months; provided, however, that:

Appears in 4 contracts

Samples: Credit Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.)

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