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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a). If the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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Samples: 364 Day Credit Agreement (Hewitt Associates Inc), 364 Day Credit Agreement (Hewitt Associates Inc)
Borrower’s Failure to Notify. Automatic Continuations and ConversionsAUTOMATIC 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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.7(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.2 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.10(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.7(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.7(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.2 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfiedsatisfied (unless such conditions have been waived in accordance with the terms of this Agreement), and such Borrowing is not prepaid in accordance with Section 1.7(a1.10(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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Borrower’s Failure to Notify. Automatic Continuations and Conversions. Any outstanding Borrowing of Base Domestic Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 6.2 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.15(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 6.2 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a1.15(a), such Borrowing shall automatically be converted into a Borrowing of Base Domestic Rate Loans.
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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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.1 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a). If the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.1 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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Borrower’s Failure to Notify. Automatic Continuations and ConversionsAUTOMATIC CONTINUATIONS AND CONVERSIONS. Any outstanding Borrowing of Base Domestic Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 hereof, Borrowing into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a). If the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a) or, whether or and has not such notice has been given, one or more of notified the conditions set forth in Section 6.1 for Administrative Agent within the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with period required by Section 1.7(a)) that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Base Domestic Rate Loans, subject to Section 6.2 hereof.
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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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.1 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.9(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.1 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.6(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.2 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.9(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.2 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfiedsatisfied (unless such conditions have been waived in accordance with the terms of this Agreement), and such Borrowing is not prepaid in accordance with Section 1.7(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.6(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.2 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.9(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.2 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, satisfied and such Borrowing is not prepaid in accordance with Section 1.7(a1.9(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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Samples: Credit Agreement (Sycamore Park Convalescent Hospital)
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 Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.6(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 7.1 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.10(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.6(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 7.1 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a1.10(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.
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Borrower’s Failure to Notify. Automatic Continuations and Conversions. Any outstanding Borrowing of Base Domestic Rate Loans shall automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that the Borrower intends to convert such Borrowing, subject to Section 6.1 6.2 hereof, into a Borrowing of Eurodollar Loans or such Borrowing is prepaid in accordance with Section 1.7(a1.8(a). If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurodollar Loans before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) or, whether or not such notice has been given, one or more of the conditions set forth in Section 6.1 6.2 for the continuation or conversion of a Borrowing of Eurodollar Loans would not be satisfied, and such Borrowing is not prepaid in accordance with Section 1.7(a1.8(a), such Borrowing shall automatically be converted into a Borrowing of Base Domestic Rate Loans.
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