Common use of Conditions Precedent to Conversions and Continuations Clause in Contracts

Conditions Precedent to Conversions and Continuations. The obligation of the Banks to convert any existing Borrowing into a Eurodollar Borrowing or to continue any existing Borrowing as a Eurodollar Borrowing is subject to the condition precedent that on the date of such conversion or continuation each of the conditions to Borrowing set forth in Section 8.3 shall have been satisfied, and no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation. The acceptance of the benefits of each such conversion and continuation shall constitute a representation and warranty by the Company to each of the Banks that no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation.

Conditions Precedent to Conversions and Continuations. The obligation of the Banks Lenders to convert any existing Borrowing into a Eurodollar Borrowing or to continue any existing Borrowing as a Eurodollar Borrowing is subject to the condition precedent that on the date of such conversion or continuation each of the conditions to Borrowing set forth in Section 8.3 shall have been satisfied, and no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation. The acceptance of the benefits of each such conversion and continuation shall constitute a representation and warranty by the Company to each of the Banks Lenders that no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation.

Conditions Precedent to Conversions and Continuations. The obligation of the Banks to convert any existing Committed Borrowing into a Eurodollar Committed Borrowing or to continue any existing Committed Borrowing as a Eurodollar Committed Borrowing is subject to the condition precedent that on the date of such conversion or continuation each of the conditions to Borrowing set forth in Section 8.3 shall have been satisfied, and no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation. The acceptance of the benefits of each such conversion and continuation shall constitute a representation and warranty by the Company Borrowers to each of the Banks that no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation.

Conditions Precedent to Conversions and Continuations. The obligation of the Banks Lenders to convert any existing Borrowing into a Eurodollar Borrowing or to continue any existing Borrowing as a Eurodollar Borrowing is subject to the condition precedent that on the date of such conversion or continuation each of the conditions to Borrowing set forth in Section 8.3 shall have been satisfied, and no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation. The acceptance of the benefits of each such conversion -66- and continuation shall constitute a representation and warranty by the Company to each of the Banks Lenders that no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation.

Conditions Precedent to Conversions and Continuations. The obligation of the Banks Lenders to convert any existing Borrowing into a Eurodollar Borrowing or to continue any existing Borrowing as a Eurodollar Borrowing is subject to the condition precedent that that, on the date of such conversion or continuation continuation, each of the conditions to Borrowing set forth in Section 8.3 shall have been satisfied, and no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation. The acceptance of the benefits of each such conversion and continuation shall constitute a representation and warranty by the Company to each of the Banks Lenders that no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion or continuation.