Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve (12) months or such shorter period as the Borrower may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender Payment 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), six (6) or twelve (12) months or such shorter other period as the Borrower Borrowers may select and the Lender Payment Agent (acting on the instructions of the Lenders) 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. Subject to clause 3.3, the Borrower may by notice received by the Lender 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) or twelve (12) months or such shorter other period as the Borrower may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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), six (6) or twelve (12) months or such shorter other period as the Borrower Borrowers may select and the Lender Agent (acting on the instructions of the Lenders) 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. Subject to clause 3.3, the Borrower may by notice received by the Lender Payment 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), six (6), nine (9) or twelve (12) months or such shorter other period as the Borrower may select and the Lender Payment Agent (acting on the instructions of the Lenders) may agree, and if the Borrower 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. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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) months, twelve (12) months or such shorter other period as the Borrower Borrowers may select and the Lender Agent (acting on the instructions of the Lenders) may agreeagree and the Borrowers may select no more than three Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve three (123) months or such shorter other period as the Borrower may select and the Lender may Lenders may, in their complete discretion, agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123), six (6), nine (9) months or such shorter period as the Borrower may select and the Lender may agree.twelve

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve three (123) months or such shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months, six (6) months or such shorter other period as the Borrower Borrowers may select and the Lender may Lenders may, in their complete discretion, agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve one (121), three (3) or six (6) months or such shorter other period as the Borrower Borrowers may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve one (121), three (3) or six (6) months or such shorter other period as the Borrower may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve one (121) month, three (3) months or six (6) months or such shorter other period as the Borrower Borrowers may select and the Lender Agent (acting on the instructions of the Majority Banks) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months or (with the prior agreement of all the Lenders) such shorter other period as the Borrower Borrowers may select and the Lender may Lenders may, in their complete discretion, agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve one (121) month, three (3) months or six (6) months or such shorter other period as the Borrower Borrowers may select and the Lender Bank may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender Payment 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 twelve three (123) or six (6) months or such shorter other period as the Borrower may select and the Lender Payment Agent (acting on the instructions of the Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve one (121), three (3) or six (6) months or such shorter other period as the Borrower may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months, six (6) months, nine (9) months or such shorter other period as the Borrower Borrowers may select and the Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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), six (6) or twelve (12) months or such shorter other longer period as the Borrower Borrowers may select and the Lender Agent (acting on the instructions of the Lenders) may agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Banks) may agree., and notwithstanding the above the Borrower may select Interest Periods of longer than 12 months, on terms that:

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve three (123) months or six (6) months or such shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months or such shorter other period as the Borrower Borrowers may select and the Lender may Lenders may, in their complete discretion, agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender Payment 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 twelve three (123) months or such shorter other period as the Borrower may select and the Lender Payment Agent (acting on the instructions of the Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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) months, twelve (12) months or such shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Lenders) may agreeagree and the Borrower may select no more than three Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months or (with the prior agreement of the Lenders) one (1) month or such shorter other period as the Borrower Borrowers may select and the Lender may Lenders may, in their complete discretion, agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 or six (6) months or nine (9) months or twelve (12) months or such shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Majority Lenders) may agreeapprove.

Selection of Interest Periods. Subject to clause 3.3, the Borrower Borrowers may by notice received by the Lender 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 twelve three (123) months or or, subject to availability, such shorter other period as the Borrower Borrowers may select and the Lender Agent may agreeagree in its absolute discretion.

Selection of Interest Periods. Subject to clause 3.3, the Borrower may by notice received by the Lender 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 twelve three (123) months or such shorter other period as the Borrower may select and the Lender Agent (acting on the instructions of the Banks) may agree.