Common use of Continuation and Conversion of Loans Clause in Contracts

Continuation and Conversion of Loans. The Borrower shall have the right at any time on prior irrevocable written or facsimile notice to the Bank as specified in Section 2.3: (i) to continue any Revolving Credit Loan into a subsequent Interest Period, (ii) to convert any Loan into another type of Loan (specifying, in the case of a Libor Rate Loan, the Interest Period to be applicable thereto), and (iii) to convert any Prime Rate Loan into a Libor Rate Loan (specifying the Interest Period to be applicable thereto), subject to the following:

Continuation and Conversion of Loans. The Borrower shall have the right at any time on prior irrevocable written or facsimile telex notice to the Bank as specified in Section 2.3: this Agreement (i) to continue any Revolving Credit LIBOR Loan into a subsequent Interest Period, (ii) to convert any Loan into another type of Loan (specifying, in the case of as a Libor Rate Loan, Loan for the same or a different Interest Period to be applicable thereto), and (iii) to convert any Prime Rate Loan into a Libor Rate Loan (specifying the Interest Period to be applicable thereto), (ii) to convert any LIBOR Loan into a Fluctuating Rate Loan and (iii) to convert any Fluctuating Rate Loan into a LIBOR Loan (specifying the Interest Period to be applicable thereto) (each such notice, a "Continuation/Conversion Notice"), subject to the following:

Continuation and Conversion of Loans. The Borrower shall have the right at any time on prior irrevocable written or facsimile telex notice to the Bank as specified in Section 2.3: this Agreement (i) to continue any Revolving Credit LIBOR Loan into as a subsequent Interest Period, (ii) to convert any LIBOR Loan into another type of Loan (specifying, in for the case of same or a Libor Rate Loan, the different Interest Period to be applicable thereto), and (iii) to convert any Prime Rate Loan into a Libor Rate Loan (specifying the Interest Period to be applicable thereto), (ii) to convert any LIBOR Loan into a Fluctuating Rate Loan and (iii) to convert any Fluctuating Rate Loan into a LIBOR Loan (specifying the Interest Period to be applicable thereto) (each such notice, a "Continuation/Conversion Notice"), subject to the following:

Continuation and Conversion of Loans. The Borrower shall have the right at any time on prior irrevocable written or facsimile notice to the Bank as specified in Section 2.3: (i) to continue any Revolving Credit Loan into a subsequent Interest Period, (ii) to convert any Loan into another type of Loan (specifying, in the case of a Libor Rate Loan, the Interest Period to be applicable thereto), and (iii) to convert any Prime Rate Loan into a Libor Rate Loan (specifying the Interest Period to be applicable thereto), subject to the following: