Selection To Be Made. Borrower shall select, and thereafter may change the selection of, the applicable interest rate, from the alternatives otherwise provided for in this Agreement, by giving Agent a Notice of Interest Period Selection: (i) at the time of the request for such Loan, or (ii) at least three (3) Business Days prior to the end of each Interest Period applicable to a LIBOR Advance.
Appears in 2 contracts
Sources: Acquisition Loan Agreement (Chartermac), Acquisition Loan Agreement (Charter Municipal Mortgage Acceptance Co)