Redesignation of Borrowings. (a) If any LIBOR Borrowing is not repaid on the last day of the applicable LIBOR Period, such Borrowing automatically shall be redesignated as a Reference Rate Borrowing on such date.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/)
Redesignation of Borrowings. (a1) If any LIBOR Borrowing is not repaid on the last day of the applicable LIBOR Period, such Borrowing automatically shall be redesignated as a Reference Rate Borrowing on such date.
Appears in 1 contract
Samples: Revolving Credit Agreement (Castle & Cooke Inc/Hi/)
Redesignation of Borrowings. (a5) If any LIBOR Borrowing is not repaid on the last day of the applicable LIBOR Period, such Borrowing automatically shall be redesignated as a Reference Rate Borrowing on such date.
Appears in 1 contract
Redesignation of Borrowings. (a) If Subject to Section 6.3, if any LIBOR Borrowing is not repaid on the last day of the applicable LIBOR Period, such Borrowing automatically shall be redesignated as a Reference Rate Borrowing on such date.
Appears in 1 contract
Samples: Credit Agreement (Pan Pacific Retail Properties Inc)
