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Common use of Selection of Interest Period Clause in Contracts

Selection of Interest Period. is not readily available, then that Interest Period shall have such duration as the Lender, may determine;

Appears in 4 contracts

Sources: Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Related Clauses

  • Selection of Interest Periods
  • Duration of Interest Periods
  • Selection of Interest Rate Options
  • Notification of interest periods and default rates
  • Number of Interest Periods

Parent Clauses

  • Interest
  • Method of Borrowing
  • Maximum accommodation
  • Definitions
  • CURRENCY AND TIMING OF DRAWDOWNS

Sub-Clauses

  • Notice
  • Non-availability of matching deposits for Interest Period selected
  • Failure to notify
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