Common use of Interest Rate Determination; Conversion Clause in Contracts

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar Loans, Loans shall bear interest as ABR Loans.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Holdings, Inc.)

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Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a the Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar Term Benchmark Loans or RFR Loans, Loans shall bear interest as ABR Loans.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Southwest Gas Corp), Day Term Loan Credit Agreement (Southwest Gas Holdings, Inc.)

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a Borrowing Revolving Credit Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Revolving Credit Loans (or portions thereof) bear interest as Eurodollar Revolving Loans, Revolving Credit Loans shall bear interest as ABR Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a Borrowing Revolving Credit Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar Loans, Loans shall bear interest as ABR Loans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Southwest Gas Corp)

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b)Conversion Request, that Revolving Credit Loans (or portions thereof) bear interest as Eurodollar Loans, Revolving Credit Loans shall bear interest as ABR Loans.

Appears in 1 contract

Samples: Pledge and Security Agreement (Winstar Communications Inc)

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Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a the Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar Loans, Loans shall bear interest as ABR Loans.

Appears in 1 contract

Samples: Term Loan Agreement (Southwest Gas Holdings, Inc.)

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a the Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar Loans, Loans shall bear interest as ABR Loans.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Holdings, Inc.)

Interest Rate Determination; Conversion. (a) Except to the extent that the Borrower shall request, in a the Borrowing Request, in a Conversion Request or in a written election pursuant to Section 3.03(b), that Loans (or portions thereof) bear interest as Eurodollar EurodollarTerm Benchmark Loans or RFR Loans, Loans shall bear interest as ABR Loans.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Holdings, Inc.)

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