Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3), six (6), nine (9) or twelve (12) months or six (6) months or, subject to availability, such other period as the Borrowers Borrower may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree, and if the Borrower wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Payment Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or ), six (6) or twelve (12) months or, subject to availability, or such other period as the Borrowers may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree, and if the Borrowers wishes to specify an Interest Period of more than 12 months, it must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent Lender not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or months, six (6) or twelve (12) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent Lender not later than 10:00 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent Lender not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three twelve (312) months or six (6) months or, subject to availability, such other shorter period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or months, six (6) months, nine (9) months, twelve (12) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority LendersBanks) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6with the prior agreement of all the Lenders) months or, subject to availability, such other period as the Borrowers may select and the Agent (acting on Lenders may, in their complete discretion, agree, and if the instructions Borrowers wish to specify an Interest Period of the Majority Lenders) may agreemore than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent Bank not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) Bank may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers Borrower may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or ), six (6), nine (9) months or, subject to availability, such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) may agree.or twelve

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) may Lenders may, in their complete discretion, agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent Lender not later than 10:00 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months or months, six (6) months, twelve (12) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) may agreeagree and the Borrower may select no more than three Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or ), six (6) or twelve (12) months or, subject to availability, or such other longer period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) may agree, and if the Borrowers wish to specify an Interest Period of more than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or months, six (6) months, nine (9) months, twelve (12) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority LendersBanks) may agree., and notwithstanding the above the Borrower may select Interest Periods of longer than 12 months, on terms that: (a) it shall have given at least 5 Banking Days written notice thereof to the Agent;

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority LendersBanks) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers may select and the Agent (acting on Lenders may, in their complete discretion, agree, and if the instructions Borrowers wish to specify an Interest Period of the Majority Lenders) may agreemore than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1) month, three (3) months or months, six (6) months, twelve (12) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) may agreeagree and the Borrowers may select no more than three Interest Periods having a duration of one (1) month period in any calendar year.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers Borrower may by notice received by the Payment Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Payment Agent (acting on the instructions of the Majority Lenders) may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6with the prior agreement of the Lenders) months or, subject to availability, one (1) month or such other period as the Borrowers may select and the Agent (acting on Lenders may, in their complete discretion, agree, and if the instructions Borrowers wish to specify an Interest Period of the Majority Lenders) may agreemore than 12 months, they must give at least 5 Banking Days prior notice thereof.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent Lender not later than 10:00 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of one (1), three (3) months or six (6) months or, subject to availability, or such other period as the Borrowers Borrower may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent Lender not later than 10:00 a.m. on the third Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or months, six (6) months, nine (9) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) Lender may agree.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third second Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or six (6) months or, subject to availability, such other period as the Borrowers may select and the Agent (acting on the instructions of the Majority Lenders) may agreeagree in its absolute discretion.

Selection of Interest Periods. Subject to clause 3.3, the Borrowers may by notice received by the Agent not later than 10:00 a.m. on the third fourth Banking Day before the beginning of each Interest Period specify whether such Interest Period shall have a duration of three (3) months or months, six (6) months or, subject to availability, or such other period as the Borrowers may select and the Agent (acting on Lenders may, in their complete discretion, agree, and if the instructions Borrowers wish to specify an Interest Period of the Majority Lenders) may agreemore than 12 months, they must give at least 5 Banking Days prior notice thereof.