Common use of Loan Options Clause in Contracts

Loan Options. 2 Loan Options. Each Loan shall be either a Reference Rate Loan or a Eurodollar Loan or a Money Market Loan, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time; provided, however, that the Company may not have more than ten borrowings of Eurodollar Loans outstanding at the same time.

Appears in 1 contract

Sources: Revolving Credit Agreement (NPC International Inc)

Loan Options. 2 Loan Options. Each Loan shall be either a Reference Rate Loan or a Eurodollar Loan or a Money Market Loan, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time; provided, however, that the Company may not have more than ten borrowings of Eurodollar Loans outstanding at the same time.

Appears in 1 contract

Sources: Revolving Credit Agreement (NPC International Inc)