Common use of Month End Clause in Contracts

Month End. Any Interest Period for any LIBOR Loan which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to Section 2.7(c) below, end on the last Business Day of a calendar month; and

Appears in 2 contracts

Sources: Credit Agreement (Gerdau Ameristeel Corp), Credit Agreement (Gerdau Ameristeel Corp)

Month End. Any Interest Period for any LIBOR Loan which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to Section 2.7(c) below, end on the last Business Day of a calendar month; and;

Appears in 1 contract

Sources: Credit Agreement (Gerdau Ameristeel Corp)