Common use of Duration of normal Interest Periods Clause in Contracts

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 months; or (b) such other period as the Agent, with the authorisation of all Lenders, may agree with the Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.46.5, each Interest Period shall be: (a) be 3 months; or (b) months or such other period as the AgentAgent may, with the authorisation authorization of all the Lenders, may agree with the BorrowersBorrowers pursuant to Clause 6.4.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) be 3 months; or (b) months or such other period as the AgentAgent may, with the authorisation authorization of all the Lenders, may agree with the BorrowersBorrowers pursuant to Clause 6.5.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4Clause 6.3, each Interest Period shall be: (a) 3 months1 month; or (b) such other period as the AgentAgent may, with the authorisation of all the Majority Lenders, may agree with the BorrowersBorrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.46.5, each Interest Period shall be: (a) be 3 months; or (b) months or such other period as the AgentAgent may, with the authorisation authorization of all the Lenders, may agree with the BorrowersBorrowers pursuant to Clause 6.4; provided that in the case of the first Interest Period applicable to each Advance other than the first Advance, such Interest Period shall end on the last day of the Interest Period applicable to the prior Advances then outstanding, whereupon all Advances shall be consolidated and treated as a single Advance.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.46.5, each Interest Period shall be: (a) be 3 months; or (b) months or such other period as the AgentAgent may, with the authorisation authorization of all the Lenders, may agree with the BorrowersBorrowers pursuant to Clause 6.4. provided that in the case of the first Interest Period applicable to the Advance in respect of NORDIC OSHIMA, a period ending on the last day of the Interest Period then applicable to the Advances in respect of NORDIC ODYSSEY and NORDIC ORION, where upon all Advances shall be consolidated and treated as a single Advance for the purpose of duration of normal Interest Periods.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 months1 month; or (b) in the case of the first Interest Period applicable to the second and any subsequent Advance, a period ending on the last day of the then current Interest Period whereupon all of the Advances shall be consolidated and treated as a single Advance; or (c) such other period as the AgentAgent may, with the authorisation of all Majority Lenders' authority, may agree with the BorrowersBorrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.46.5, each Interest Period shall be: (a) be 3 months; or (b) months or such other period as the AgentAgent may, with the authorisation authorization of all the Lenders, may agree with the BorrowersBorrower pursuant to Clause 6.4.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 three (3) months; or (b) such other period as the AgentAgent may, with the authorisation authorization of all the Majority Lenders, may agree with the BorrowersBorrower upon written notice from the Borrower to the Agent made not less than five (5) Business Days prior to the end of the current Interest Period.

Duration of normal Interest Periods. Subject to Clauses 6.3 5.3 and 6.45.4, each Interest Period shall be: (a) 3 months1 month; or (b) in the case of the first Interest Period applicable to the second and any subsequent Advance, a period ending on the last day of the then current Interest Period whereupon all of the Advances shall be consolidated and treated as a single Advance; or (c) such other period as the Agent, with the authorisation of all Lenders, Lender may agree with the BorrowersBorrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 5.3 and 6.45.4, each Interest Period shall be: (a) 3 months; or (b) such other period as the Agent, with the authorisation of all Lenders, Lender may (in its absolute discretion) agree with the BorrowersBorrower.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.4, each Interest Period in respect of each Tranche shall be: (a) 3 months; or (b) or such other period as the AgentAgent may, with the authorisation of all the Majority Lenders, may agree with the Borrowers.

Duration of normal Interest Periods. Subject to Clauses 6.3 and 6.46.3, each Interest Period shall be: (a) 3 6 months; or (b) in the case of the first Interest Period applicable to the second and any subsequent Advance, a period ending on the last day of the Interest Period then current, whereupon all of the Advances shall be consolidated and treated as a single Advance for the purposes of Clause 5 and this Clause 6; or (c) such other period as the AgentAgent may, with the authorisation consent of all the Lenders, may agree with the BorrowersBorrower.