Common use of Rate Options for all Advances; Maximum Interest Periods Clause in Contracts

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurocurrency Rate Advances, or a combination thereof, selected by the Company or the applicable Borrower in accordance with Section 2.9. The Company or the applicable Borrower may select, in accordance with Section 2.9, Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than twelve (12) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

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Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be Floating ABR Loans or Eurodollar Rate Advances or Eurocurrency Rate AdvancesLoans, or a combination thereof, selected by the Company or the applicable Borrower in accordance with Section 2.9‎Section 2.09. The Company or the applicable Borrower may select, in accordance with Section 2.9‎Section 2.09, Rate Options rate options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than twelve eight (12) 8) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 2 contracts

Samples: Credit Agreement (Inovalon Holdings, Inc.), Credit Agreement (Inovalon Holdings, Inc.)

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurocurrency Eurodollar Rate Advances, or a combination thereof, selected by the Company or the applicable Borrower Borrowers in accordance with Section 2.9. The Company or the applicable Borrower Borrowers may select, in accordance with Section 2.9, Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than twelve seven (127) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chicago Bridge & Iron Co N V)

Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurocurrency Eurodollar Rate Advances, or a combination thereof, selected by the Company or the applicable Borrower in accordance with Section 2.9. The Company or the applicable Borrower may select, in accordance with Section 2.9, Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than twelve ten (1210) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Quixote Corp)

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Rate Options for all Advances; Maximum Interest Periods. The Revolving Loans and Term Loans may be Floating Rate Advances or Eurocurrency Fixed Rate Advances, or a combination thereof, selected by the Company or the applicable Borrower in accordance with Section 2.92.8. The Company or the applicable Borrower may select, in accordance with Section 2.92.10, Rate Options and Interest Periods applicable to portions of the Revolving Loans and Term Loans; provided that there shall be no more than twelve (12) Interest Periods in effect with respect to all of the Loans at any time.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

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