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Common use of Limitations on Eurodollar Tranches Clause in Contracts

Limitations on Eurodollar Tranches. Notwithstanding anything to the contrary in this Agreement, no more than six (6) Eurodollar Tranches shall be outstanding at any one time.

Appears in 3 contracts

Sources: Credit Agreement (AV Homes, Inc.), Omnibus Amendment (AV Homes, Inc.), Credit Agreement (AV Homes, Inc.)

Related Clauses

  • Limitations on Interest Periods
  • Limitation on Borrowings
  • Lender’s Suspension of LIBOR Loans
  • Special Provisions Governing Eurodollar Rate Loans
  • Reserves on LIBOR Rate Loans

Parent Clauses

  • Amount and Terms of Commitments
  • Amount and Terms of Revolving Commitments
  • General Provisions Applicable to Loans and Letters of Credit
  • Definitions
  • General Provisions Applicable

Sub-Clauses

  • Pro Rata Treatment and Payments
  • Interest Rates and Payment Dates
  • Requirements of Law
  • Inability to Determine Interest Rate; Illegality
  • Taxes
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