Common use of Interest Period Clause in Contracts

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day of the calendar quarter; and (ii) for any Eurocurrency Rate Loan, 1, 2, 3, or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 3 contracts

Samples: Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Barnes Group Inc), Assignment and Assumption (Barnes Group Inc)

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Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Borrowing Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or Conversion Request, as otherwise required by the terms of this Credit Agreement applicable, (i) for any Base Prime Rate Loan, the last Business Day of the calendar quarterday on which such Prime Rate Loan is paid in full or converted to a LIBOR Loan; and (ii) for any Eurocurrency Rate LIBOR Loan, 1, 2, 3, 2 or 6 3 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)

Interest Period. With respect to all or any relevant portion of each Revolving Loan or the Term Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a Borrower the Borrowers in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last each Business Day of the calendar quarter; Day, and (ii) for any Eurocurrency LIBOR Rate Loan, Loan 1, 2, 3, or 6 months; , and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan or portion thereof and ending on the last day of one of the periods set forth above, as selected by a Borrower the Borrowers in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day day of the calendar quarter; and (ii) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Interest Period. With respect to each Loan, (ai) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (iA) for any Base Rate Loan, the last Business Day day of the each calendar quarter; month and (iiB) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, or 6 months; and (bii) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Jumpking Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a Borrower the Borrowers in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day day of the calendar quarter; and (ii) for any Eurocurrency Rate Loan, 7 days, 14 days, 1, 2, 3, 3 or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a Borrower the Borrowers in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Borders Group Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Prime Rate Loan, the last Business Day day of the calendar quartermonth; and (ii) for any Eurocurrency LIBOR Rate Loan, one (1), two (2), three (3, ) or 6 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day day of the calendar quarter; and (ii) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, 6 or 6 9 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Safety Insurance Group Inc)

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Interest Period. With respect to each Revolving Credit Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Prime Rate Loan, the last Business Day day of the calendar quartermonth; and (ii) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, 3 or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Revolving Credit Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Ionics Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day day of the calendar quarter; and (ii) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Tranche A Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Prime Rate Loan, the last Business Day day of the calendar quartermonth; and (ii) for any Eurocurrency LIBOR Rate Loan, one (1), two (2), three (3, ) or 6 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Borrowing Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day of the calendar quarterday on which such Base Rate Loan is paid in full or converted to a LIBOR Rate Loan; and (ii) for any Eurocurrency LIBOR Rate Loan, one (1), two (2), three (3, ) or 6 six (6) months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sl Green Realty Corp)

Interest Period. With respect to each Loan, (a) initially, the period commencing on the Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as selected by a the Borrower in a Loan Request or as otherwise required by the terms of this Credit Agreement (i) for any Base Rate Loan, the last Business Day day of the calendar quartermonth; and (ii) for any Eurocurrency LIBOR Rate Loan, 1, 2, 3, 3 or 6 months; and (b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Loan and ending on the last day of one of the periods set forth above, as selected by a the Borrower in a Conversion Request; provided that all of the foregoing provisions relating to Interest Periods are subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Griffin Land & Nurseries Inc)

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