Common use of Continuation of Type of Revolving Credit Loan Clause in Contracts

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1; provided that no Eurodollar Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminated, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such notice. In the event the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the Interest Period relating thereto. The Agent shall notify the Banks promptly when any such automatic conversion contemplated by this Section 2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type (other than Base Rate Loans) may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1ss.2.7.1; provided PROVIDED that no Eurodollar Rate Loan or Federal Funds Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Agent active upon the Borrower's account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan or Federal Funds Rate Loan as such, then such Eurodollar Rate Loan or Federal Funds Rate Loan, as the case may be, shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Agent shall notify the Banks promptly when any such automatic conversion contemplated by this Section 2.7 ss.2.7.2 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the applicable Borrower with the notice provisions contained in Section 2.7.1; provided that as to any Eurocurrency Rate Loans, no Eurodollar such Eurocurrency Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Agent active upon the Company's account have actual knowledge. In the event that the applicable Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Eurocurrency Rate Loan as such, then such Eurodollar Eurocurrency Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Agent shall notify the applicable Banks promptly when any such automatic conversion contemplated by this Section 2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by Xxxxxxx-Xxxxxxx on behalf of the applicable Borrower with the notice provisions contained in Section 2.7.1; provided that no Eurodollar Rate Loan may be continued as such following receipt of notice from the Agent when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following of which officers of the Agent active upon such noticeBorrower's account have actual knowledge. In the event the Borrower that Xxxxxxx-Xxxxxxx fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan of any Borrower as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Agent shall notify the Banks Lenders, Xxxxxxx-Xxxxxxx and the applicable Borrower promptly when any such automatic conversion contemplated by this Section 2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section §2.7.1; provided that no Eurodollar Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and without the Agent has given consent of the Borrower notice that Required Lenders. If the option to borrow or continue Required Lenders do not consent, the Eurodollar Rate Loans has been suspended or terminated, but Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Administrative Agent active upon the Borrower’s account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Administrative Agent shall notify the Banks Lenders promptly when any such automatic conversion contemplated by this Section 2.7 §2.7.2 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any --------------------------------------------- Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1(S)2.7.1 that would have been applicable for a conversion into such Type; provided that no Eurodollar Rate Loan may -------- be continued as such when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Agent active upon the Borrower's account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the Interest Period relating thereto. The Agent shall notify the Banks promptly when any such automatic conversion contemplated by this Section 2.7 (S)2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the applicable Borrower with the notice provisions contained in Section 2.7.1ss.2.7.1; provided that as to any Eurocurrency Rate Loans, no Eurodollar such Eurocurrency Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Agent active upon the Company's account have actual knowledge. In the event that the applicable Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Eurocurrency Rate Loan as such, then such Eurodollar Eurocurrency Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Agent shall notify the applicable Banks promptly when any such automatic conversion contemplated by this Section 2.7 ss.2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1; provided PROVIDED that no Eurodollar Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and the Administrative Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminated, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such notice. In the event the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the Interest Period relating thereto. The Administrative Agent shall notify the Banks Lenders promptly when any such automatic conversion contemplated by this Section 2.7 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1; provided that no Eurodollar Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing and without the Agent has given consent of the Borrower notice that Required Lenders. If the option to borrow or continue Required Lenders do not consent, the Eurodollar Rate Loans has been suspended or terminated, but Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default and following such noticeof which officers of the Administrative Agent active upon the Borrower's account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Administrative Agent shall notify the Banks Lenders promptly when any such automatic conversion contemplated by this Section 2.7 2.7.2 is scheduled to occur.

Continuation of Type of Revolving Credit Loan. Any Revolving --------------------------------------------- Credit Loan of any Type may be continued as a Revolving Credit Loan of the same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 2.7.1(S)2.7.1; provided that no Eurodollar Rate Loan may be continued as such -------- when any Default or Event of Default has occurred and is continuing and the Agent has given the Borrower notice that the option to borrow or continue Eurodollar Rate Loans has been suspended or terminatedcontinuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default of which officers of the Loan and following such noticeCollateral Agent active upon the Borrower's account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such Eurodollar Rate Loan shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto. The Loan and Collateral Agent shall notify the Banks promptly when any such automatic conversion contemplated by this Section 2.7 (S)2.7 is scheduled to occur.