LIBOR Loan. When a LIBOR Loan is selected, such interest rate shall be fixed for each Interest Period for which it is determined and shall apply for that Loan until another interest rate option is selected by Borrowers' Representative for that Loan.
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Sources: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)
LIBOR Loan. When a LIBOR Loan is selected, such interest rate shall be fixed for each Interest Period for which it is determined and shall apply for that Loan until another interest rate option is selected by Borrowers' Representative Borrowers for that Loan.
Appears in 1 contract
LIBOR Loan. When a LIBOR Loan is selected, such interest rate shall be fixed for each Interest Period for which it is determined and shall apply for that Loan until another interest rate option is selected by Borrowers' Representative Borrower for that Loan.
Appears in 1 contract
Sources: Loan and Security Agreement (Impax Laboratories Inc)
LIBOR Loan. When a LIBOR Loan is selected, such interest rate shall be fixed for each Interest Period for which it is determined and shall apply for that Loan until another interest rate option is selected by Borrowers' Representative for that Loanthe end of applicable Interest Period.
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