Continuation and Conversion Procedure. (a) Base Rate Loans shall continue as Base Rate Loans unless and until converted into LIBOR Rate Loans. The Company may elect from time to time, subject to the terms and conditions of this Agreement, to convert all or any part of the outstanding Base Rate Loans into LIBOR Rate Loans.
Appears in 5 contracts
Samples: Credit Agreement (Ladish Co Inc), Credit Agreement (Bando McGlocklin Capital Corp), Credit Agreement (Ladish Co Inc)