Common use of REQUEST FOR CONTINUATION Clause in Contracts

REQUEST FOR CONTINUATION. The Borrower hereby requests that the interest rate option(s) applicable to the following [Term A-1][Term A-2][Term A-3][Term A-4][Revolving][Multi-Draw Term] Loan(s) be continued as indicated: Upon expiration of its current Interest Period, continue the [Term A-1][Term A-2][Term A-3][Term A-4][Revolving][Multi-Draw Term] LIBOR Loan in the principal amount of $____________, the current Interest Period for which expires on [insert date] _______, for a new Interest Period of [check one]: __1 month __2 months __3 months.

Appears in 1 contract

Sources: Term a 4 Loan Credit Facility (CatchMark Timber Trust, Inc.)

REQUEST FOR CONTINUATION. The Borrower hereby requests that the interest rate option(s) applicable to the following [Term A-1][Term A-2][Term A-3][Term A-4][Revolving][Multi-Draw Term] Loan(s) be continued as indicated: Upon expiration of its current Interest Period, continue the [Term A-1][Term A-2][Term A-3][Term A-4][Revolving][Multi-Draw Term] LIBOR Loan in the principal amount of $____________, the current Interest Period for which expires on [insert date] _______, for a new Interest Period of [check one]: __1 month __2 months __3 months.

Appears in 1 contract

Sources: Fifth Agreement Regarding Consents and Amendments (CatchMark Timber Trust, Inc.)