Continuation and Conversion of Loans. The Borrower shall have the right, at any time, (i) to convert any LIBOR Loan or portion thereof to an Alternate Base Rate Loan or to continue such LIBOR Loan or a portion thereof for a successive Interest Period, or (ii) to convert any Alternate Base Rate Loan or a portion thereof to a LIBOR Loan, subject to the following:
Appears in 9 contracts
Samples: Credit, Security, Guaranty and Pledge Agreement (Eros International PLC), Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Guaranty and Pledge Agreement
Continuation and Conversion of Loans. The Borrower Borrowers shall have the right, at any time, right (i) at any time to convert any LIBOR LIBO Rate Loan or portion thereof to an Alternate Base Rate Loan or to continue such LIBOR any LIBO Rate Loan or a portion thereof for a successive Interest Period, or Period and (ii) at any time to convert any Alternate Base Rate Loan or a portion thereof to a LIBOR LIBO Rate Loan, subject to the following:
Appears in 1 contract
Samples: Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/)
