Common use of Interest Rate Conversion Clause in Contracts

Interest Rate Conversion. The Borrower may request, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 9 contracts

Sources: Loan Contract, Amendatory Contract, Loan Contract

Interest Rate Conversion. The Borrower may requestrequest that, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 6 contracts

Sources: Loan Contract, Loan Contract, Loan Contract

Interest Rate Conversion. The Borrower may request, with respect to all ali or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 1 contract

Sources: Loan Contract

Interest Rate Conversion. The Borrower may requestrequest that, with respect to all or part of the Outstanding Loan Balance, that the LIBOR-Based Interest Rate be converted to a fixed interest rate or any other Interest Rate Conversion option requested by the Borrower and accepted by the Bank.

Appears in 1 contract

Sources: Loan Contract