Common use of Continuation and Conversion of Revolving Credit Loans Clause in Contracts

Continuation and Conversion of Revolving Credit Loans. (a) Subject to Section 2.09 hereof, the Borrower shall have the right, at any time, on three (3) Business Days' prior irrevocable written or telecopy notice to the Agent, to continue any Eurodollar Loan, or any portion thereof, into a subsequent Interest Period or to convert any Base Rate Loan or portion thereof into a Eurodollar Loan, or on one (1) Business Day's prior irrevocable written or telecopy notice to the Agent, to convert any Eurodollar Loan or portion thereof into a Base Rate Loan, subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

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Continuation and Conversion of Revolving Credit Loans. (a) Subject to Section 2.09 hereof, the Borrower Borrowers shall have the right, at any time, on three (3) Business Days' prior irrevocable written or telecopy notice from the Administrative Borrower to the Agent, to continue any Eurodollar Loan, or any portion thereof, into a subsequent Interest Period or to convert any Base Rate Loan or portion thereof into a Eurodollar Loan, or on one (1) Business Day's prior irrevocable written or telecopy notice from the Administrative Borrower to the Agent, to convert any Eurodollar Loan or portion thereof into a Base Rate Loan, subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

Continuation and Conversion of Revolving Credit Loans. (a) Subject to Section 2.09 hereof, the Borrower shall have the right, at any time, on three (3) Business Days' prior irrevocable written or telecopy notice to the Agent, to continue any Eurodollar Loan, or any portion thereof, into a subsequent Interest Period or to convert any Base Rate Loan or portion thereof into a Eurodollar Loan, or on one (1) Business Day's ’s prior irrevocable written or telecopy notice to the Agent, to convert any Eurodollar Loan or portion thereof into a Base Rate Loan, subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

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Continuation and Conversion of Revolving Credit Loans. (a) Subject to Section 2.09 hereof, the Borrower Borrowers shall have the right, at any time, on three (3) Business Days' prior irrevocable written or telecopy notice from the Administrative Borrower to the Agent, to continue any Eurodollar Loan, or any portion thereof, into a subsequent Interest Period or to convert any Base Rate Loan or portion thereof into a Eurodollar Loan, or on one (1) Business Day's ’s prior irrevocable written or telecopy notice from the Administrative Borrower to the Agent, to convert any Eurodollar Loan or portion thereof into a Base Rate Loan, subject to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Alon USA Energy, Inc.)

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