Loan Options. Each Loan shall be either a Federal Funds Rate Loan or a Eurodollar Loan, as shall be selected by the relevant Fund or Portfolio, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time, except that no more than three Loans having different Interest Periods may be outstanding at any one time with respect to each Fund or, with respect to a Fund comprised of Portfolios, each Portfolio of that Fund.
Loan Options. Each Loan shall be an Alternate Reference Rate Loan or a Eurodollar Loan, as shall be selected by the Borrower, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time, except that no more than five Eurodollar Loans having different Interest Periods may be outstanding at any one time.
Loan Options. If you have elected to have the lender pay the mortgage broker's compensation, for each type of transaction in which you have expressed an interest, your mortgage broker has obtained loan options from a significant number of creditors with which your mortgage broker regularly does business. Your mortgage broker has a good faith belief that you likely qualify for these loans. These options as presented to you represent the following: Loan with the lowest Interest Rate Loan with the lowest rate without risky features, such as negative amortization or prepayment penalty Loan with the lowest total dollar amount for origination points and fees and discount points By signing below, you acknowledge that:
Loan Options. Each Loan shall be either an Alternate Base Rate Loan or a Term SOFR Loan as shall be selected by the Lead Borrower, except as otherwise provided herein. During any period that any Event of Default or Unmatured Event of Default exists, the Lead Borrower shall no longer have the option of electing Term SOFR Loans, and during such period all Loans shall be made as or converted to (on the last day of the Interest Period therefor) Alternate Base Rate Loans only, it being understood, however, that the foregoing shall not be construed to waive, amend or modify any right or power of the Lenders and the Administrative Agent hereunder, including all rights to terminate the Commitments and declare the Loans immediately due and payable. The maximum number of Borrowings of Term SOFR Loans which the Lead Borrower shall be permitted to have outstanding at any time shall not exceed ten (10). The Lead Borrower shall not have the right to borrow Term SOFR Loans less than two weeks prior to the scheduled Termination Date. 2.4
Loan Options. Each Loan shall be a LIBOR Rate Loan or a Base Rate Loan, as selected by the Lead Borrower. During any period that any Event of Default or Unmatured Event of Default exists, the Lead Borrower shall no longer have the option of electing LIBOR Rate Loans, and during such period all Loans shall be automatically converted to (on the last day of the Interest Period therefor) Base Rate Loans only, it being understood, however, that the foregoing shall not be construed to waive, amend or modify any right or power of the Lenders and the Administrative Agent hereunder, including all rights to terminate the Commitments and declare the Loans immediately due and payable. 2.3
Loan Options. All or any portion of a Loan may be ------------ maintained as either Type of Loan, as shall be selected by Borrower from time to time except as otherwise provided herein.
Loan Options. 2 Loan Options. Each Loan shall be either a Reference Rate Loan or a Eurodollar Loan or a Money Market Loan, except as otherwise provided herein. Any combination of types of Loans may be outstanding at the same time; provided, however, that the Company may not have more than ten borrowings of Eurodollar Loans outstanding at the same time.
Loan Options. Each Loan shall be a Term SOFR Loan or a Base Rate Loan, as selected by the Lead Borrower. During any period that any Event of Default or Unmatured Event of Default exists, the Lead Borrower shall no longer have the option of electing Term SOFR Loans, and during such period all Loans shall be automatically converted to (on the last day of the Interest Period therefor) Base Rate Loans only, it being understood, however, that the foregoing shall not be construed to waive, amend or modify any right or power of the Lenders and the Administrative Agent hereunder, including all rights to terminate the Commitments and declare the Loans immediately due and payable. 2.3
Loan Options. Each Revolving Loan shall be either a Reference Rate Loan or a Eurodollar Loan, except as otherwise provided herein. Any combination of types of Revolving Loans may be outstanding at the same time; provided, however, that the Company may not have more than ten borrowings of Eurodollar Loans outstanding at the same time. 2.3
Loan Options. The Loan shall be constituted of a Eurodollar Loan and/or a Base Rate Loan, as shall be selected by the Borrower, except as otherwise provided herein. At any time, all Loans shall be of the same type.
