Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) months or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) months or such other shorter period as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agreeagree in its sole discretion.

Selection of Interest Periods. The Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months), six (6) months), nine (9) months, or twelve (12) months or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority BanksLenders) may agree, and if the Borrowers wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. The Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, two (2) months, three (3) months, months or six (6) monthsmonths or, nine subject to availability to be determined by the Agent), such other period (9) months, shorter than twelve (12) months or such other period months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months), six (6) months), nine (9) months, or twelve (12) months or or, subject to availability, such other period as the Borrowers may select and the Agent (may agree in its absolute discretion, acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent Bank not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months, six (6) months, nine (9) months, months or twelve (12) months or such other period shorter than twelve (12) months as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Banks) may Bank may, in its absolute discretion, agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) week, two (2) weeks, three (3) monthsweeks, six one (61) monthsmonth, nine two (9) months, twelve (122) months or such other period three (3) months (subject always to availability in the London Interbank Market as determined by the Agent in its absolute discretion), as the Borrowers Borrower may select and the Agent (acting on the instructions of all the Majority Banks) may agree.

Selection of Interest Periods. The Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, months or six (6) monthsmonths or, nine (9) monthssubject to availability, twelve (12) months or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority BanksLenders) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. am. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) months or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months), six (6) months, nine (9) months, or twelve (12) months or such other period (shorter than twelve (12) months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 11 a.m. on the third second Banking Day before the beginning of each Interest Period for each Advance specify whether such Interest Period shall have a duration of three (1, 2, 3) months, six (6) months, nine (9) months, twelve (12) or 12 months or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may may, in its absolute discretion, agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 10 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months), six (6) months), nine (9) months, and twelve (12) months or such other period as the Borrowers Borrower may select and the Agent Arrangers may, in its absolute discretion, agree. A maximum of three (acting on the instructions of the Majority Banks3) may agreeone (1) month Interest Periods will be permitted in any one calendar year.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent Lenders not later than 10:00 10 a.m. on the third Banking Day before the beginning of each Interest Period for each Advance specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) 3 or 6 months or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions Lenders may reasonably agree in respect of the Majority Banks) may agreesuch other period.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months), six (6) months, nine (9) months, or twelve (12) months or such other period (shorter than twelve (12) months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 10 a.m. (Greek time) on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months), six (6) months), nine (9) months, or twelve (12) months or such other shorter period as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may may, in its absolute discretion, agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months, six (6) monthsmonths or, nine subject to availability, such other period (9) months, shorter than twelve (12) months or such other period months) as the Borrowers may select and the Agent (acting on the instructions of all the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. (London time) on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) months or such other period (shorter than twelve (12) months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, two (2) months, three (3) months, six (6) months, nine (9) months, twelve (12) months or such other period (subject to availability) as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority all Banks) may agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, six (6) months, nine (9) months, twelve (12) months or or, subject to availability, such other period (shorter than twelve (12) months) as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority all Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months), six (6) months), nine (9) months, or twelve (12) months or such other period (shorter than twelve (12) months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, two (2) months, three (3) months, six (6) months, nine (9) months, twelve (12) months or such other period (subject to availability) as the Borrowers may select and the Agent (acting on the instructions of the Majority all Banks) may agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Facility Agent not later than 10:00 10 a.m. (Oslo time) on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months, or six (6) months, nine months (9) months, twelve (12) months or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions all of the Majority Banks) Banks may agreeagree in writing).

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 10 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months), six (6) months), nine (9) months, or twelve (12) months (subject to such Interest Periods being available to all of the Banks) or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Banks) may may, in its absolute discretion, agree.

Selection of Interest Periods. The Borrowers Borrower may by notice received by the Agent not later than 10:00 10 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months, or six (6) months, nine (9) months, twelve (12) months or such other period as the Borrowers Borrower may select and the Agent Arrangers may, in their absolute discretion, agree. A maximum of three (acting on the instructions of the Majority Banks3) may agreeone (1) month Interest Periods will be permitted in any one (1) calendar year.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months), six (6) months), nine (9) months, or twelve (12) months or such other period (shorter than twelve (12) months) as the Borrowers may select and the Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. The Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Each Interest Period shall have a duration of (i) three (3) months, six (6) months, nine (9) months, twelve (12) months or (ii) such other longer period as the Borrowers Borrower may select and the Agent (acting Lenders may, in their complete discretion, agree prior to the date on which the Drawdown Notice is served on the instructions of Agent or (iii) such period as the Majority Banks) Borrower may agreeselect under clause 3.4.