Continuation or Conversion of Loans. The Borrower may elect to (i) continue any outstanding LIBOR Advance from one Interest Period into a subsequent Interest Period to begin on the last day of the earlier Interest Period, or (ii) convert any outstanding Advance into another type of Advance (on the last day of an Interest Period only, in the instance of a LIBOR Advance), by giving the Agent notice in writing, or by telephone promptly confirmed in writing, given so as to be received by the Agent not later than:
Appears in 11 contracts
Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)
Continuation or Conversion of Loans. The Borrower Borrowers may elect to (i) continue any outstanding LIBOR Advance from one Interest Period into a subsequent Interest Period to begin on the last day of the earlier Interest Period, or (ii) convert any outstanding Advance into another type of Advance (Advance, on the last day of an Interest Period only, in the instance of only for a Fixed LIBOR Advance), by giving the Agent notice in writing, or by telephone promptly confirmed in writingwriting or by e-mail, given so as to be received by the Agent not later than:
Appears in 5 contracts
Samples: Pledge Agreement (Graco Inc), Credit Agreement (Graco Inc), Credit Agreement (Graco Inc)
Continuation or Conversion of Loans. The Borrower may elect to (ia) continue any outstanding LIBOR Advance from one Interest Period into a subsequent Interest Period to begin on the last day of the earlier Interest Period, or (iib) convert any outstanding Advance into another type of Advance (on the last day of an Interest Period only, in the instance of a LIBOR Advance), by giving the Agent irrevocable notice in writing, or by telephone promptly confirmed in writing, given so as to be received by the Agent not later than:
Appears in 1 contract
