LIBOR Borrowings Sample Clauses

LIBOR Borrowings. The election of LIBOR Rates shall be subject to the following terms and requirements:
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LIBOR Borrowings. For the Principal Debt of a LIBOR Borrowing: The LIBOR Rate applicable to its Interest Period. (b)
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LIBOR Borrowings. Any term or provision of the Credit Agreement or any other Loan Document to the contrary notwithstanding (including, without limitation, Sections 2.3 and 2.4 of the Credit Agreement), (i) Borrowings of LIBO Rate Loans made during the Waiver Period may only have Interest Periods of a duration which does not exceed the earlier of (x) one month and (y) March 31, 2004, and (ii) any Loans which, pursuant to Section 2.4 of the Credit Agreement are either continued as or converted into LIBO Rate Loans at any time during the Waiver Period may only have Interest Periods of a duration which does not exceed the earlier of (x) one month and (y) March 31,
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LIBOR Borrowings. 18 Section 4.07
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LIBOR Borrowings. Upon request by the Borrower by telephone at or prior to 10:00 a.m. (Toronto time) on the second Banking Day before the commencement of any Interest Period for a LIBOR Borrowing, the Lender shall inform the Borrower of the prevailing LIBOR Rate for 30, 60, 90 or 180 days, as requested by the Borrower, subject to the availability of any such Interest Period to the Lender. If the Borrower wishes to obtain a LIBOR Borrowing, the Borrower shall then confirm to the Lender the duration of the Interest Period for the requested LIBOR Borrowing, subject to Section 4.07.
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LIBOR Borrowings. Unless the Agent and the Majority Lenders consent in writing and notwithstanding any other provision in the Credit Agreement to the contrary, from and after November 8, 2001 Borrower may not request or elect any LIBOR Rate Loans.
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LIBOR Borrowings 
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Related to LIBOR Borrowings

  • LIBOR Loans Subject to the provisions hereof and provided that the Borrower has, by giving notice to the Administrative Agent in accordance with Section 5.2, requested the Lenders to continue to extend credit by way of a LIBOR Loan to replace all or a portion of an outstanding LIBOR Loan as it matures, each Lender shall, on the maturity of such LIBOR Loan, continue to extend credit to the Borrower by way of a LIBOR Loan (without a further advance of funds to the Borrower) in the principal amount equal to such Lender’s Pro Rata Share of the principal amount of the matured LIBOR Loan or the portion thereof to be replaced.

  • Eurodollar Loans The Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

  • Eurocurrency Loans The Loans constituting each Eurocurrency Borrowing shall bear interest at a rate per annum equal to the Adjusted LIBO Rate for the related Interest Period for such Borrowing plus the Applicable Margin.

  • LIBOR Rate Loans During such periods as Revolving Loans shall be comprised of LIBOR Rate Loans, each such LIBOR Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • Eurocurrency Rate Advances During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full.

  • Eurodollar Rate Advances During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

  • Fixed Rate Loans Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of an ARD Loan after its Anticipated Repayment Date and except for the imposition of a default rate.

  • LIBOR Advances The interest rate applicable to each LIBOR Advance shall be determined in accordance with Section 3.6(a) hereunder. Subject to Sections 3.6 and 3.7, such rate shall apply during the entire Interest Period applicable to such LIBOR Advance, and interest calculated thereon shall be payable on the Interest Payment Date applicable to such LIBOR Advance.

  • Base Rate Loans During such periods as Revolving Loans shall be comprised in whole or in part of Base Rate Loans, such Base Rate Loans shall bear interest at a per annum rate equal to the Adjusted Base Rate.

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