Common use of LIBOR Floor Clause in Contracts

LIBOR Floor. During the Waiver Period, at no time and under no circumstance shall the Eurodollar Rate be less than 0.250% per annum with respect to any Eurodollar Rate Advance that has not been identified by the Borrower in accordance with the terms of the 2016 Term Loan Agreement as being subject to a Guaranteed Hedge Agreement.

LIBOR Floor. During the Waiver Period, at no time and under no circumstance shall the Eurodollar Rate be less than 0.250% per annum with respect to any Eurodollar Rate Advance that has not been identified by the Borrower in accordance with the terms of the 2016 2019 Term Loan Agreement as being subject to a Guaranteed Hedge Agreement.