Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower to make the Repayment Instalment due on that Facility A Repayment Date. (b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2, it shall promptly notify the Company and the Lenders.
Appears in 4 contracts
Sources: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.213.2, it shall promptly notify the Company and the Lenders.
Appears in 4 contracts
Sources: Facility Agreement (Rockwood Specialties Group Inc), Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Term Loan, the Agent may shorten an Interest Period for any Facility A Term Loan to ensure that there are sufficient Facility A Term Loans (with an aggregate amount equal to or greater than the relevant Repayment Instalment) which have an Interest Period ending on a Term Facility A Repayment Date for the Facility A Borrower Borrowers to make the relevant Repayment Instalment due on that Facility A Repayment Datedate.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2, it shall promptly notify the Company and the Lenders.
Appears in 2 contracts
Sources: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.210.2, it shall promptly notify the Company Obligors’ Agent and the Lenders.
Appears in 2 contracts
Sources: Facilities Agreement (Innospec Inc.), Amendment and Restatement Agreement (Octel Corp)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Term Loan Facility A Loan, the Agent may shorten an Interest Period for any Term Loan Facility A Loan to ensure that there are sufficient Term Loan Facility A Loans with which have an Interest Period ending on a Facility A Repayment Date for the Facility A each Borrower thereunder to make the relevant Repayment Instalment due on that Facility A Repayment Datedate.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.222.2, it shall promptly notify the Company and the LendersLenders and the Hedge Counterparties.
Appears in 1 contract
Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2, it shall promptly notify the Company Obligors’ Agent and the Lenders.
Appears in 1 contract
Sources: Facilities Agreement (Octel Corp)
Changes to Interest Periods. (a) Prior to determining the interest rate for a the Facility A Loan, the Agent may shorten an Interest Period for any such Loan to ensure the Facility A Loan to ensure that there are sufficient Facility A Loans with has an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.213.2, it shall promptly notify the Company Parent and the Lenders.
Appears in 1 contract
Sources: Second Supplemental Facility Agreement (Paradigm Ltd.)
Changes to Interest Periods. (a) Prior to the earlier of:
(i) the Agent determining the interest rate for Loan; and
(ii) the first day of an Interest Period for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with which have an Interest Period ending on a Facility A Repayment Date the relevant repayment date for the Facility A Borrower Borrowers to make the Repayment Instalment relevant repayment instalment due on that Facility A Repayment Date.
(b) date. If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.210.2, it shall promptly notify the Company Borrowers and the Lenders.
Appears in 1 contract
Sources: Term Loan Facility Agreement (KNOT Offshore Partners LP)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Facility A Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.213.2, it shall promptly notify the Company Parent and the Lenders.
Appears in 1 contract
Changes to Interest Periods. (a) 10.2.1 Prior to determining the interest rate for a the Facility A Loan, the Agent may shorten an Interest Period for any the Facility A Loan to ensure that there are sufficient the Facility A Loans with Loan has an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Datedate.
(b) 10.2.2 If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.210.2, it shall promptly notify the Company and the Lenders.
Appears in 1 contract
Sources: Term Loan and Multicurrency Revolving Facilities Agreement (AVG Technologies N.V.)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.220.2, it shall promptly notify the Company and the Lenders.
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Rockwood Holdings, Inc.)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans with an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Borrowers to make the Repayment Instalment due on that Facility A Repayment Date.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2clause 19.2, it shall promptly notify the Company Obligors’ Agent and the Lenders.
Appears in 1 contract
Changes to Interest Periods. (a) Prior to determining the interest rate for a Term Loan Facility A Loan, the Agent may shorten an Interest Period for any Term Loan Facility A Loan to ensure that there are sufficient Term Loan Facility A Loans with which have an Interest Period ending on a Facility A Repayment Date for the Facility A each Borrower thereunder to make the relevant Repayment Instalment due on that Facility A Repayment Datedate.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2, it shall promptly notify the Company and the LendersLenders and the Hedge Counterparties.
Appears in 1 contract
Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD)
Changes to Interest Periods. (a) Prior to determining the interest rate for a Facility A Loan, the Agent may shorten an Interest Period for any Facility A Loan to ensure that there are sufficient Facility A Loans (with an aggregate Base Currency Amount equal to or greater than the Repayment Instalment) which have an Interest Period ending on a Facility A Repayment Date for the Facility A Borrower Company to make the Repayment Instalment due on that Facility A Repayment Datedate.
(b) If the Agent makes any of the changes to an Interest Period referred to in this Clause 11.2clause 14.2, it shall promptly notify the Company and the Lenders.
Appears in 1 contract