Common use of Borrower’s Failure to Notify; Automatic Continuations and Conversions Clause in Contracts

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company fails to give notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company fails to give notice pursuant to Section 1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) and has not notified the Administrative Agent within the period required by Section 1.8(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and of the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.9(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) and has not notified the Administrative Agent within the period required by Section 1.8(a1.9(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower fails to give notice pursuant to Section 6.2 hereof1.6(a) above of a Borrowing equal to the amount of a Reimbursement Obligation and has not notified the Administrative Agent by 1:00 p.m. (Chicago time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, including the application Borrower shall be deemed to have requested a Borrowing of Section 1.3 and Base Rate Loans under the Revolving Credit (or, at the option of the restrictions contained Administrative Agent, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans under the Revolving Credit or Term Loan Commitments shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 7.2 hereof, into a Borrowing of Eurocurrency Eurodollar Loans under the Revolving Credit or Term Loan Commitments or such Borrowing is prepaid in accordance with Section 1.8(a1.11(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 7.2 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, satisfied and such Borrowing is not prepaid in accordance with Section 1.8(a1.11(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 1:00 p.m. (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans on such day in the same Alternative Currency with an Interest Period amount of one monththe Reimbursement Obligation then due, subject to Section 6.2 7 hereof, including which Borrowing shall be applied to pay the application of Section 1.3 and of the restrictions contained in the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a2.4(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 3.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a2.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a2.4(a) and has not notified the Administrative Agent within the period required by Section 1.8(a2.7(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower fails to give notice pursuant to Section 6.2 hereof2.4(a) of a Borrowing equal to the amount of a Reimbursement Obligation and has not notified the Administrative Agent by 1:00 p.m. (Cincinnati time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, including the application Borrower shall be deemed to have requested a Borrowing of Section 1.3 and Base Rate Loans under the Revolving Credit (or, at the option of the restrictions contained Administrative Agent, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied1.6(a), and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) and has not notified the Administrative Agent within the period required by Section 1.8(a1.9(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower Representative fails to give notice pursuant to Section 6.2 hereof, including 1.6(a) above of a Borrowing denominated in U.S. Dollars equal to the application of Section 1.3 and U.S. Dollar Equivalent of the restrictions contained amount of any Reimbursement Obligation and has not notified the Administrative Agent by 1:00 p.m. (New York time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, the Borrower Representative shall be deemed to have requested a Borrowing of Base Rate Loans under the Revolving Credit (or, at the option of the Swing Line Lender, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.10(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.10(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 11:00 a.m. (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit (or, at the option of the Administrative Agent, under the Swing Line) on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 1:00 p.m. (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a)Eurodollar Loans. If the Company Borrower fails to give notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate LoansLoans at the end of its then current Interest Period. If Notwithstanding anything to the Company contrary in Section 1.2(b) hereof, in the event the Borrower fails to give notice pursuant to Section 1.5(a) above or Section 1.14(c) below, as the case may be, of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 12:00 noon (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit (or, at the option of the Administrative Agent, under the Swing Line) on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied1.6(a), and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) and has not notified the Administrative Agent within the period required by Section 1.8(a1.9(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower Representative fails to give notice pursuant to Section 6.2 hereof, including 1.6(a) above of a Borrowing denominated in U.S. Dollars equal to the application of Section 1.3 and U.S. Dollar Equivalent of the restrictions contained amount of any Reimbursement Obligation and has not notified the Administrative Agent by 12:00 noon (Chicago time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, the Borrower Representative shall be deemed to have requested a Borrowing of Base Rate Loans under the Revolving Credit (or, at the option of the Swing Line Lender, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a2.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 3.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a2.8(a), such Borrowing shall automatically be converted or continued, as applicable, into a Borrowing of Base Rate Loans. If the Company fails to give notice pursuant to Section 1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) and has not notified the Administrative Agent within the period required by Section 1.8(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month. (d) Disbursement of Loans. Not later than 2:00 p.m. (New York time) on the date of any requested advance of a new Borrowing, subject to Section 6.2 hereof3, including each Lender shall (i) make available its Loan comprising part of such Borrowing in funds immediately available at the application of Section 1.3 and principal office of the restrictions contained Administrative Agent in New York, New York (or at the definition principal office and location of Interest Periodany designated sub-agent identified in writing to the Lenders) and (ii) provide the Arranger the federal reference number for such funds. The Administrative Agent (or its designated sub-agent) shall make the proceeds of each new Borrowing available to the Borrower at the Administrative Agent’s principal office in New York, New York (or at the principal office and location of any designated sub-agent), by depositing such proceeds into an account maintained at Fifth Third Bank. Section 2.6. Minimum Borrowing Amounts; Maximum Eurodollar Loans . Each Borrowing of Base Rate Loans advanced shall be in an amount not less than $500,000 or such greater amount that is an integral multiple of $50,000. Each Borrowing of Eurodollar Loans advanced, continued or converted shall be in an amount equal to $1,000,000 or such greater amount that is an integral multiple of $100,000. Without the Administrative Agent’s consent, there shall not be more than five (5) Borrowings of Eurodollar Loans outstanding at any one time. Section 2.7.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a2.4(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 3.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a2.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a2.4(a) and has not notified the Administrative Agent within the period required by Section 1.8(a2.7(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower fails to give notice pursuant to Section 6.2 hereof2.4(a) of a Borrowing equal to the amount of a Reimbursement Obligation and has not notified the Administrative Agent by 2:00 p.m. (New York time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, including the application Borrower shall be deemed to have requested a Borrowing of Section 1.3 and Base Rate Loans under the Revolving Credit (or, at the option of the restrictions contained Administrative Agent, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.9(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 12:00 noon (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.7(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.10(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.7(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.7(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.10(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a1.7(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 1:00 p.m. (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit (or, at the option of the Swing Line Lender, a Swing Loan under the Swing Line bearing interest, unless otherwise agreed by the Borrower, at the rate provided in Section 1.16(b)(i) hereof) on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If the Company Borrower fails to give notice pursuant to Section 1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) and has not notified the Administrative Agent within the period required by Section 1.8(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and of the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 6.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.9(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 6.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower fails to give notice pursuant to Section 1.5(a1.6(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 2:00 p.m. (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has properly notified the Administrative Agent within the period required by Section 1.5(a) Lender that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof3.1, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a2.7(a). If the Company Borrower fails to give proper notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a2.4(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 3.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a2.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event Borrower fails to give notice pursuant to Section 1.5(a2.4(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within Lender by 1:00 p.m. (Washington, D.C. time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower Representative has notified the Administrative Agent within the period required by Section 1.5(a1.6(a) that the applicable Borrower intends Borrowers intend to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a1.9(a). If the Company Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 12:00 noon (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrowers shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company Borrower has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrower fails to give notice pursuant to Section 1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Eurodollar Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate LoansLoans at the end of its then current Interest Period. If Notwithstanding anything to the Company contrary in Section 1.2(b) hereof, in the event the Borrower fails to give notice pursuant to Section 1.5(a) above of a Borrowing equal to the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a) Reimbursement Obligation and has not notified the Administrative Agent within by 12:00 noon (Chicago time) on the period required by Section 1.8(a) day such Reimbursement Obligation becomes due that it intends to prepay repay such BorrowingReimbursement Obligation through funds not borrowed under this Agreement, such Borrowing the Borrower shall automatically be continued as deemed to have requested a Borrowing of Eurocurrency Base Rate Loans under the Revolving Credit (or, at the option of the Administrative Agent, under the Swing Line) on such day in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.3 and amount of the restrictions contained in Reimbursement Obligation then due, which Borrowing shall be applied to pay the definition of Interest PeriodReimbursement Obligation then due.

Borrower’s Failure to Notify; Automatic Continuations and Conversions. Any outstanding Borrowing of Base Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Company has notified the Administrative Agent within the period required by Section 1.5(a) that the applicable Borrower intends to convert such Borrowing, subject to Section 7.1 hereof, into a Borrowing of Eurocurrency Loans or such Borrowing is prepaid in accordance with Section 1.8(a). If the Company Borrowers failBorrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency EurodollarEurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 7.1 for the continuation or conversion of a Borrowing of Eurocurrency Loans would not be satisfied1.6(a), and such Borrowing is not prepaid in accordance with Section 1.8(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans. If In the Company event the Borrowers failIf the Borrower Representative fails to give notice pursuant to Section 1.5(a1.6(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.5(a1.6(a) and has not notified the Administrative Agent within the period required by Section 1.8(a1.9(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject . In the event the Borrower fails to give notice pursuant to Section 6.2 hereof1.6(a) above of a Borrowing equal to the amount of a Reimbursement Obligation denominated in U.S. Dollars and has not notified the Administrative Agent by 12:00 noonNoon (Chicago time) on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation through funds not borrowed under this Agreement, including the application Borrowers shall be deemed to have requested a Borrowing of Section 1.3 and Base Rate Loans under the Revolving Credit (or, at the option of the restrictions contained Swing Line Lender, under the Swing Line) on such day in the definition amount of Interest Periodthe Reimbursement Obligation then due, which Borrowing shall be applied to pay the Reimbursement Obligation then due.