Rate Option and Interest Period Sample Clauses

Rate Option and Interest Period. The requested rate option and (if applicable) Interest Period for the proposed Loan is ((a) or (b) checked as applicable): (a) The Eurodollar Rate, as described below: Tranche A Tranche B Tranche C
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Rate Option and Interest Period. The requested rate option and (if applicable) Interest Period for the proposed Loan is ((a) or (b) checked as applicable): (a) The Eurodollar Rate for an Interest Period of (one checked as applicable): [ ] 1 month [ ] 2 months [ ] 3 months [ ] 6 months [ ] 9 months [ ] 12 months [ ] (b) The Base Rate. COMPUTER ASSOCIATES INTERNATIONAL, INC. By Its Exhibit C-2 FORM OF NOTICE OF BORROWING (CONTINUATIONS) Credit Suisse First Boston, as administrative agent under the Credit Agreement referenced below This Notice of Borrowing is given pursuant to Section 2.1(h) of that certain Second Amended and Restated Credit Agreement, dated as of June 30, 1997 (as the same may have been amended to the date hereof, the "Credit Agreement"), by and between Computer Associates International, Inc., a Delaware corporation, the banks and other financial institutions parties thereto (the "Banks"), the Co-Agents named therein and Credit Suisse First Boston, as administrative agent (in such capacity, the "Agent") for the Banks. Any and all initially capitalized terms used herein have the meanings ascribed thereto in the Credit Agreement unless otherwise specifically defined herein. The undersigned hereby (one checked as applicable): [ ] gives Agent irrevocable notice [ ] confirms its irrevocable telephonic notice to Agent that it requests the continuation of a Eurodollar Rate Loan under the Credit Agreement as follows:
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Rate Option and Interest Period. The requested interest rate option and (if applicable) Interest Period for the proposed Loan is: (i) The [Eurocurrency Rate; BA Discount Rate; TIIE Rate] for an Interest Period of (check and complete as applicable): [ ] 28 days for Mxp [ ] 1 month for $/£/€/C$ [ ] 2 months for $/£/€/C$ [ ] 3 months for $/£/€/C$ [ ] 6 months for $/£/€/C$ [ ] (ii) [ABR; U.S. Base Rate; Canadian Prime Rate; Peso Base Rate] for $/C$/Mxp .
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Rate Option and Interest Period. If the proposed Revolving Loan is to be denominated in U.S. Dollars, the requested type of interest rate borrowing option and (if applicable) Interest Period for the proposed Revolving Loan is ((a) or (b) checked as applicable): (a) Eurodollar Borrowing for an Interest Period of (one checked as applicable):
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Related to Rate Option and Interest Period

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Duration of normal Interest Periods Subject to Clauses 5.3 and 5.4, each Interest Period shall be: (a) 3, 6 or 12 months as notified by the Borrower to the Lender not later than 11.00 a.m. (London time) 3 Business Days before the commencement of the Interest Period; or (b) 3 months, if the Borrower fails to notify the Lender by the time specified in paragraph (a) above; or (c) such other period as the Lender may agree with the Borrower.

  • Interest Periods In connection with each LIBOR Rate Loan, the Borrower, by giving notice at the times described in Section 3.1(a), shall elect an interest period (each, an "Interest Period") to be applicable to such Loan, which Interest Period shall be a period of one (1), two (2), three (3) or six (6) months with respect to each LIBOR Rate Loan; provided that: (i) the Interest Period shall commence on the date of advance of or conversion to any LIBOR Rate Loan or and, in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the date on which the next preceding Interest Period expires; (ii) if any Interest Period would otherwise expire on a day that is not a Business Day, such Interest Period shall expire on the next succeeding Business Day; provided, that if any Interest Period with respect to a LIBOR Rate Loan would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in such month, such Interest Period shall expire on the next preceding Business Day; (iii) any Interest Period with respect to a LIBOR Rate Loan that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the relevant calendar month at the end of such Interest Period; (iv) no Interest Period shall be permitted to extend beyond the Termination Date; and (v) there shall be no more than five (5) Interest Periods outstanding at any time.

  • Interest Period Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.