Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of an ABR Loan into a Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars and (ii) four Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loans into which such Loan is to be converted or continued, the Agreed Currency, and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Five Year Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)
Borrowing/Conversion/Continuation Notice. The Company Borrower shall give the Administrative Agent irrevocable notice (a Borrowing"BORROWING/ConversionCONVERSION/Continuation Notice with respect to CONTINUATION NOTICE") of each conversion of an ABR a Floating Rate Loan into a Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York Chicago time) (ix) three Business Days prior to the date of the requested conversion or continuation, continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars and (iiy) four Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loans Loan(s) into which such Loan is to be converted or continued, the Agreed Currency, Currency and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Ifr Systems Inc)
Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent irrevocable notice (a Borrowing"BORROWING/ConversionCONVERSION/Continuation Notice with respect to CONTINUATION NOTICE") of each conversion of an ABR a Floating Rate Loan into a Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 9:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars Dollars, and (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loans Loan(s) into which such Loan is to be converted or continued, the Agreed Currency, Currency and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: 364 Day Credit Agreement (American National Can Group Inc)