Common use of Various Types of Loans Clause in Contracts

Various Types of Loans. Each Revolving Loan or Contract Draw Loan, as applicable, shall be, and the Term Loan may be divided into tranches which are, either Base Rate Loans or LIBOR Loans (each a “type” of Loan), as Borrower shall specify in the related notice of borrowing or conversion pursuant to Section 2.5.2 or 2.5.3. 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 different Groups of LIBOR Loans shall be outstanding at any one time.

Various Types of Loans. Each Revolving Loan or Contract Draw Loan, as applicable, shall be, and the Term Loan may be divided into tranches which are, either a Base Rate Loans Loan or a LIBOR Loans Loan (each a “type” of Loan), as Borrower Borrowers shall specify in the related notice of borrowing or conversion pursuant to Section 2.5.2 2.2.2 or 2.5.32.2.3. 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 four (4) different Groups of LIBOR Loans shall be outstanding at any one time.

Various Types of Loans. Each Revolving Loan or Contract Draw Loan, as applicable, shall be, and the Term Loan may be divided into tranches which are, either a Base Rate Loans Loan or a LIBOR Loans Loan (each a “"type” " of Loan), as Borrower shall specify in the related notice of borrowing or conversion pursuant to Section 2.5.2 2.2.2 or 2.5.32.2.3. 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 three (3) different Groups of LIBOR Loans shall be outstanding at any one time.

Various Types of Loans. Each Revolving Loan or Contract Draw Loan, as applicable, shall be, and the Term Loan may be divided into tranches which are, either Base Rate Loans or LIBOR Loans (each a “type” of Loan), as Borrower Representative shall specify in the related notice of borrowing or conversion pursuant to Section 2.5.2 or 2.5.3. 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 four (4) different Groups of LIBOR Loans shall be outstanding at any one time.

Various Types of Loans. Each Revolving Loan or Contract Draw Loan, as applicable, shall be, and the Term Loan may be divided into tranches which are, are either a Base Rate Loans Loan or a LIBOR Loans Loan (each a “"type” " of Loan), as Borrower shall specify in the related notice of borrowing or conversion pursuant to Section 2.5.2 2.2.2 or 2.5.32.2.3. 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 three different Groups of LIBOR Loans shall be outstanding at any one time.