Common use of Various Types of Loans Clause in Contracts

Various Types of Loans. Each Loan (other than Swing Loans) may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five (5) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Term Loan (other than Swing Loans) may A and Revolving Loans shall be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “"type” " of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3; Term Loan B shall consist entirely of Base Rate Loans. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “"Group” " or collectively “"Groups”. ." Base Rate Loans and LIBOR Loans may be outstanding at the same time; provided, provided that not however, no more than five (5) different Groups of LIBOR Loans shall be outstanding at any one time(1) time and no LIBOR Loans shall be made when an Event of Default has occurred and is continuing. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender Bank will have a ratable pro rata share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term B Loan may be be, divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five six (56) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata ShareApplicable Percentage) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term Loan may be be, divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “"type” " of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “"Group” " or collectively “"Groups”". Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five (5) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term Loan may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” "TYPE" of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section SECTION 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” "GROUP" or collectively “Groups”"GROUPS". Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided PROVIDED that not more than five (5) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender Bank will have a ratable pro rata share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and the Term Loan may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five six (56) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each funded portion of the Term Loan may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Borrower shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five eight (5) 8) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term Loan may be divided into tranches which that are, either a Base Rate Loan or a LIBOR Loan (each a “typeType” of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five (5) eight different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata ShareRevolving Percentage or Term Percentage, as applicable) of all types Types and Groups of Revolving Loans and Term Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term Loan may be be, divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five six (56) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and the Term Loan may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Borrower Representative shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five (5) 5 different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

Various Types of Loans. Each Revolving Loan (other than Swing Loans) shall be, and each Term Loan may be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Parent on behalf of the Borrowers Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than five (5) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Term B Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.