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Interest Periods
Interest Periods contract clause examples
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Interest Periods. After giving effect to all Revolving Borrowings, all conversions of Revolving Loans from one Type to the other, and all continuations of Revolving Loans as the same Type, there shall not be more than ten (10) Interest Periods in effect in respect of the Revolving Facility.

Interest Periods. At any time when the Borrowers shall select any RFR Advance, or convert to or renew a Term RFR Option with respect to Advances denominated in Affected Currencies, the Borrowers shall notify the Agent thereof at least four (4) Business Days prior to the effective date of # the selection of such Daily Simple RFR Option or such Term RFR Option, or # the conversion to or renewal of such Term RFR Option, in each case, by delivering a request for an Advance. The notice shall specify an Interest Period during which such Interest Rate Option shall apply. Notwithstanding the preceding sentence, the following provisions shall apply to any selection of, renewal of, or conversion to a Term RFR Option:

Interest Periods. After giving effect to all Term Borrowings, all conversions of Term Loans from one Type to the other, and all continuations of Term Loans as the same Type, all Revolving Borrowings, all conversions of Revolving Loans from one Type to the other, and all continuations of Revolving Loans as the same Type, there shall not be more than twelve (12) Interest Periods in effect with respect to Eurodollar RateTerm SOFR Loans.

At any time when the Borrowers shall select, convert to or renew a Euro-Rate Option, TGI, on behalf of the Borrowers, shall notify the Administrative Agent thereof by delivering a Loan Request at least four (4) Business Days prior to the effective date of such Euro-Rate Option, with respect to an Optional Currency Swing Loan, and three (3) Business Days prior to the effective date of such Euro-Rate Option, with respect to a Dollar Loan. The notice shall specify an interest period (the “Interest Period”) during which such Euro-Rate Option shall apply, such Interest Period to be one, two, three or six Months, provided that, the sole Interest Period applicable to Optional Currency Swing Loans shall be one Month, and provided further, that:

Each Loan has one Interest Period only which shall start on the Utilisation Date of that Loan.

Interest Periods. The Borrowers shall not request that Term SOFR Loans be outstanding for more than six different Interest Periods at the same time.

Interest Periods. The Borrower shall not request that Eurocurrency Loans be outstanding for more than tenfifteen (1015) different Interest Periods at the same time.

If Revolving Loans are being continued as or converted to Eurodollar Revolving Loans, the duration of the new Interest Period that commences on the conversion/ continuation date: ​ days/month(s)

Limitations on Interest Periods. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request (or to elect to convert to or continue as a Eurocurrency Borrowing) any Borrowing if the Interest Period requested therefor would end after the Final Maturity Date with respect to such Borrowing.

The Interest Period for the Loan is three (3) Months or any other period agreed between the Borrower and the Lender.

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