Common use of Maximum Number of Interest Periods Clause in Contracts

Maximum Number of Interest Periods. There may be no more than ten (10) different Interest Periods outstanding at the same time collectively for all LIBOR Loans, whether in the context of a LIBOR Loan, which is a Revolving Loan or a LIBOR Loan which is a Bid Rate Loan.

Appears in 3 contracts

Samples: Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One, Inc.)

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Maximum Number of Interest Periods. There may be no more than ten eight (10) 8) different Interest Periods for LIBOR Loans outstanding at the same time collectively (not including up to two (2) Interest Periods for all LIBOR LoansLoans in respect of Term Loans hereunder, whether in if any). For the context purposes hereof, different portions of a LIBOR Loanthe Loan subject to Interest Periods of the same length, which is a Revolving Loan or a LIBOR Loan which is a Bid Rate Loanare not co-terminus, shall be deemed different Interest Periods.

Appears in 1 contract

Samples: Credit Agreement (Hudson Pacific Properties, L.P.)

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