Common use of Optional Rates Clause in Contracts

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1, 2003, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November October 1, 20032011, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) paragraph entitled “"Interest Rate” " above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1August 31, 20032007, and then on the same last day of each month thereafter until payment in full of any principal principal, interest or other amounts outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1, 2003, and then on the same last day of each month thereafter interest period until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon During the occurrence existence of an event of default under this AgreementAgreement that has not been waived in writing by the Bank, the Bank may terminate suspend the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) section entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1March 31, 20032010, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1May 31, 20032007, and then on the same last day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has Borrowers have designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November January 1, 2003, 2006 and then on the same first day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. annum Interest will be paid on November June 1, 20032013, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. Agreement No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence and during the continuance of an event of default under Section 10 of this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the such event of default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November January 1, 20032012, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November January 1, 20032008, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1October 31, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November April 1, 20032014, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1March 31, 20032012, and then on the same last day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November April 1, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has Borrowers have designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November July 1, 20032005, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1January 31, 20032011, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November August 1, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November March 1, 20032008, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1December 31, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has Borrowers have designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November December 1, 20032009, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November April 1, 20032007, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest for each optional interest rate will be paid on November 1, 2003, and then on the same last day of each month thereafter until payment in full of any principal outstanding under this facilityinterest period applicable to such optional interest rate. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1May 31, 20032007, and then on the same last day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November March 1, 20032009, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1December 31, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 130, 20032004, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facility. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November 1February 10, 20032006, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “Interest Rate” above, unless the Borrower has Borrowers have designated another optional interest rate for the Portion.

Optional Rates. Each optional interest rate is a rate per year. Interest will be paid on November February 1, 20032006, and then on the same day of each month thereafter until payment in full of any principal outstanding under this facilityAgreement. No Portion will be converted to a different interest rate during the applicable interest period. Upon the occurrence of an event of default under this Agreement, the Bank may terminate the availability of optional interest rates for interest periods commencing after the default occurs. At the end of any each interest period, the interest rate will revert to the rate stated in the paragraph(s) entitled “"Interest Rate” " above, unless the Borrower has Borrowers have designated another optional interest rate for the Portion.