Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection 2.11(a) or to convert Base Rate Loans to Eurodollar Loans pursuant to Subsection 2.11(e).
Appears in 3 contracts
Samples: Credit Agreement (Sterling Chemical Inc), Credit Agreement (Purina Mills Inc), Credit Agreement (Sterling Chemical Inc)
Continuation or Conversion Upon Default. If no Default shall have --------------------------------------- occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company Borrower shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection Section 2.11(a) or to convert Base Rate Loans to Eurodollar ABR Loans pursuant to Subsection Section 2.11(e).
Appears in 3 contracts
Samples: Credit Agreement (Pure Resources Inc), Credit Agreement (Pure Resources Inc), Credit Agreement (Pure Resources Inc)
Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this SectionSection 2.9. If a Default shall have occurred and be continuing, the Company Borrower shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection 2.11(aSection 2.9(a) or to convert Base Rate Loans to Eurodollar Loans pursuant to Subsection 2.11(eSection 2.9(e).
Appears in 2 contracts
Samples: Credit Agreement (Hallwood Group Inc), Credit Agreement (Hallwood Group Inc)
Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection Section 2.11(a) or to convert Base Rate Loans to Eurodollar Loans pursuant to Subsection Section 2.11(e).
Appears in 2 contracts
Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)
Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company Borrowers shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection 2.11(aSection 2.10(a) or to convert Base Rate ABR Loans to Eurodollar Loans pursuant to Subsection 2.11(eSection 2.10(e).
Appears in 2 contracts
Samples: Stock Purchase Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation)
Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company Borrowers shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection 2.11(aSection 2.12(a) or to convert Base Rate ABR Loans to Eurodollar Loans pursuant to Subsection 2.11(eSection 2.12(e).
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Continuation or Conversion Upon Default. If no Default shall have --------------------------------------- occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection Section 2.11(a) or to convert Base Rate Loans to Eurodollar Loans pursuant to Subsection Section 2.11(e).
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Continuation or Conversion Upon Default. If no Default shall have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection Section 2.11(a) or to convert Base Rate Loans to Eurodollar Loans pursuant to Subsection Section 2.11(e).
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Continuation or Conversion Upon Default. If no Default shall --------------------------------------- have occurred and be continuing, each Eurodollar Loan may be continued or converted as provided in this Section. If a Default shall have occurred and be continuing, the Company Borrower shall not have the option to elect to continue any such Eurodollar Loan pursuant to Subsection Section 2.11(a) or to convert Base Rate Loans to Eurodollar ABR Loans pursuant to Subsection Section 2.11(e).
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