Common use of LIBOR Interest Periods Clause in Contracts

LIBOR Interest Periods. If a U.S. Borrower or the Canadian Borrower is borrowing by way of a Libor Loan or if a U.S. Borrower or the Canadian Borrower elects to convert into a Libor Loan pursuant to Section 2.3, the applicable Borrower shall, prior to the expiration or beginning of each Libor Interest Period , select and notify the Canadian Agent and/or the U.S. Agent, as the case may be, at least 3 Business Days prior to:

Appears in 4 contracts

Samples: Credit Agreement (Firstservice Corp), Credit Agreement (Firstservice Corp), Fourth Amended (Firstservice Corp)

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