Common use of Continuation and Conversion of Loans Clause in Contracts

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 5 contracts

Samples: Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Texas Telecommunications Lp), Credit Agreement (Alamosa PCS Holdings Inc)

AutoNDA by SimpleDocs

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 4 contracts

Samples: Credit Agreement (Log on America Inc), Credit Agreement (World Access Inc /New/), Credit Agreement (State Communications Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate ABR Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 3 contracts

Samples: Credit Agreement (Dynamex Inc), Credit Agreement (Dynamex Inc), Credit Agreement (Dynamex Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the Maturity Date with respect to the applicable Maturity DateLoans, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 3 contracts

Samples: Credit Agreement (Savvis Communications Corp), Credit Agreement (Savvis Communications Corp), Credit Agreement (Pathnet Telecommunications Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Revolving Credit Loans Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Paracelsus Healthcare Corp)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Prime Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Net2000 Communications Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower SOURCECORP may borrow the Revolving Loans as Base Rate Loans or as Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Revolving Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Sourcecorp Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower Borrowers may borrow the Loans as Base Rate ABR Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (R&b Falcon Corp)

Continuation and Conversion of Loans. Subject to the terms and ------------------------------------ conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Cais Internet Inc)

Continuation and Conversion of Loans. Subject to the terms and ------------------------------------ conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Ipcs Inc)

AutoNDA by SimpleDocs

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower Borrowers may borrow the Loans as Base Rate ABR Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower BORROWERS may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Falcon Drilling Co Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Prime Rate Loans or Eurodollar Loans and, until the applicable Term Loan Maturity Date, in the case of Term Loans, and the Revolving Credit Commitment Termination Date, in the case of Revolving Loans, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Net2000 Communications Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Prime Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Old America Stores Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Prime Rate Loans or Eurodollar Loans and, until the applicable Term Loan Maturity Date, in the case of Term Loans, the Revolving Credit Commitment Termination Date, in the case of Revolving Loans, and the Incremental Facility Maturity Date, in the case of Incremental Facility Loans, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Net2000 Communications Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower Borrowers may borrow the Loans as Base Rate ABR Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower BORROWER may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Falcon Drilling Co Inc)

Continuation and Conversion of Loans. Subject to the terms and conditions of this Agreement, the Borrower Borrowers may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Revolving Loans Maturity Date, the Borrower Borrowers may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

Appears in 1 contract

Samples: Credit Agreement (Oao Technology Solutions Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!