Information in Interest Election Requests. Each telephonic and written Interest Election Request shall specify the following information in compliance with Section 2.02: (i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clause (iii) of this paragraph shall be specified for each resulting Borrowing); (ii) the Interest Period therefore after giving effect to such election; and (iii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day.
Appears in 3 contracts
Sources: Credit Agreement (New York REIT, Inc.), Credit Agreement (American Realty Capital New York Recovery Reit Inc), Credit Agreement (American Realty Capital New York Recovery Reit Inc)
Information in Interest Election Requests. Each telephonic and written Interest Election Request shall specify the following information in compliance with Section 2.022.2:
(ia) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clause (iii) of this paragraph shall be specified for each resulting Borrowing);
(iib) the Interest Period therefore after giving effect to such election; and
(iiic) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day.
Appears in 2 contracts
Sources: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)
Information in Interest Election Requests. Each telephonic and written Interest Election Request shall specify the following information in compliance with Section 2.02:
: (i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clause Section 2.04(c)(iii) and (iiiiv) of this paragraph shall be specified for each resulting Borrowing);
; (ii) the Interest Period therefore after giving effect to such election; and
(iii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day.;
Appears in 1 contract
Sources: Credit Agreement (Berry Corp (Bry))