Duration of Interest Periods. The duration of each Interest Period relating to the Advance shall, save as otherwise provided herein, be one, three, six or twelve months, or any such other period as may be agreed from time to time between the Borrower and the Agent, in each case as the Borrower may select by not less than three business days' prior notice to the Agent Provided that:
Duration of Interest Periods. (a) Subject to the provisions of the definition of Interest Period, the duration of each Interest Period applicable to a Loan shall be as specified in the applicable Notice.
Duration of Interest Periods. 8 2.7 Interest Rates and Payments of Interest.............................. 8 2.8 Changed Circumstances................................................ 9 2.9
Duration of Interest Periods. (a) Each Interest Period shall, subject as provided below, be six (6) Months.
Duration of Interest Periods and, in relation to an Unpaid Sum, each period determined in accordance with Section 3.4 (Default Interest).
Duration of Interest Periods. 16. 2.8 Interest Rates And Payments Of Interest.......................................................16. 2.9 Changed Circumstances.........................................................................17. 2.10
Duration of Interest Periods. (a) The first Interest Period for a Loan shall begin at the Utilization Date for such Loan and end on the date falling immediately prior to the next occurring Interest Payment Date. Thereafter, each subsequent Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring Interest Payment Date.
Duration of Interest Periods. (a) Subject to the limitation described herein, the Borrower shall have the option to elect an Interest Period to be applicable to a Revolving Credit Loan by giving notice of such election (a "Renewal I Conversion Notice") in the form of EXHIBIT 2-12, annexed hereto received no later than 10:00 Boston time One Business Day before the end of the then applicable Interest Period if such Loan is to be converted to a Base Margin Loan and Three Business Days before (and not counting) the end of the then applicable Interest Period if such Loan is to be continued as, or converted to, a LIBOR Loan; provided, however, --------- ------- that (a) any Conversion of LIBOR Loans may be made only on the last day of the respective Interest Period for such Loans, and (b) no loan may be Converted to a LIBOR Loan when any Default or Event of Default has occurred and is continuing. Each such Conversion Request shall be by telephone, telecopy, telex or cable, in each case confirmed immediately in writing in the manner specified for notices herein, and shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Loans to be Converted, and (iii) if such Conversion is to LIBOR Loan the duration of the initial Interest Period for such Loans. Each Conversion Request with respect to LIBOR Loans shall be irrevocable and binding on the Borrower.
Duration of Interest Periods each Interest Period shall be:
Duration of Interest Periods. Each Interest Period shall be 6 months and shall end on the next succeeding Repayment Date.
