Conversion and Continuation Elections for Borrowings. (a) The Company may, upon irrevocable written notice to the Administrative Agent in accordance with subsection 2.04(b):
Conversion and Continuation Elections for Borrowings. (a) The Borrower may, upon irrevocable written notice to the Post Petition Agent in accordance with Section 3.5(b): --------------
Conversion and Continuation Elections for Borrowings. (a) The Company may upon irrevocable written notice to the Agent in accordance with subsection 2.4(b):
Conversion and Continuation Elections for Borrowings. (a) The Borrower may, upon irrevocable telephonic notice (such notice to be immediately confirmed in writing), to the Agent in accordance with Section 2.4(b) elect, as of any Business Day, in the case of Prime Rate Loans, or as of the last day of the applicable Interest Period, in the case of LIBOR Loans, to convert any such Loans (or any part thereof in an amount not less than $1,000,000, or that is in an integral multiple of $500,000 in excess thereof); provided, however, that if at any time the aggregate amount of LIBOR Loans in respect of any Borrowing is reduced, by payment, prepayment, or conversion of part thereof to be less than $1,000,000, such LIBOR Loans shall automatically convert into Prime Rate Loans, and on and after such date the right of the Borrower to continue such Loans as, and convert such Loans into, LIBOR Loans shall terminate.
Conversion and Continuation Elections for Borrowings. (a) The Borrower may, upon irrevocable written notice to the Administrative Agent in accordance with Section 2.4(b),
Conversion and Continuation Elections for Borrowings. (a) Each Borrower may, upon irrevocable written notice to the Administrative Agent in accordance with Section 2.03(b): (i) elect, as of any Business Day, in the case of Base Rate Loans, or as of the last day of the applicable Interest Period, in the case of any LIBOR Rate Loans denominated in Dollars, to convert any Loans borrowed by such Borrower (or any part thereof in an amount not less than the Minimum Tranche) into Loans in Dollars of the other Type; or (ii) elect, as of the last day of the applicable Interest Period, to continue any Loans borrowed by such Borrower having Interest Periods expiring on such day (or any part thereof in an amount not less than the Minimum Tranche); provided that if at any time the aggregate Dollar Equivalent amount of Offshore Currency Loans in respect of any Borrowing is reduced, by payment, prepayment or conversion of part thereof to be less than the Minimum Tranche, such Offshore Currency Loans shall automatically be redenominated into Base Rate Loans in Dollars, and on and after such date the right of the applicable Borrower to continue such Loans as, and convert such Loans into, Offshore Currency Loans shall terminate. (b) The applicable Borrower shall deliver a Notice of Conversion/Continuation to be received by the Administrative Agent not later than (i) 11:00 a.m. at least three Business Days in advance of the Conversion/Continuation Date, if the Loans are to be converted into or continued as LIBOR Rate Loans denominated in Dollars, (ii) 10:30 a.m. at least four Business Days in advance of the continuation date, if the Loans are to be continued as Offshore Currency Loans and (iii) 10:30 a.m. on the Conversion/Continuation Date, if the Loans are to be converted into Base Rate Loans, specifying: (A) the proposed Conversion/Continuation Date; (B) the aggregate amount of Loans to be converted or continued; (C) the Type and Applicable Currency of Loans resulting from the proposed conversion or continuation; and (D) other than in the case of conversions into Base Rate Loans, the duration of the requested Interest Period.
Conversion and Continuation Elections for Borrowings. (a) The Kmart Borrower (and Kmart Corporation, as agent for each Non-Kmart Borrower) may, upon notice to the Documentation Agent in accordance with Section 2.6(b):
Conversion and Continuation Elections for Borrowings. (Other Than Canadian Borrowings). (a) The provisions of this Section 2.4 shall not apply to any conversion or continuation election with respect to Canadian Loans, which shall be governed solely by Section 2.
Conversion and Continuation Elections for Borrowings. 27 2.5 Voluntary Termination or Reduction of Commitments. . . . . . 29 2.
Conversion and Continuation Elections for Borrowings. (a The Company may, upon irrevocable written notice to the Administrative Agent in accordance with subsection 2.4(b: (i elect, as of any Business Day, in the case of Base Rate Loans, or as of the last day of the applicable Interest Period, in the case of Offshore Rate Loans, to convert such Loans (or any part thereof in an aggregate amount of $5,000,000 or a higher integral multiple of $1,000,000 into Loans of the other Type; or (ii elect, as of the last day of the applicable Interest Period, to continue any Offshore Rate Loans having Interest Periods expiring on such day (or any part thereof in an aggregate amount of $5,000,000 or a higher integral multiple of $1,000,000 for another Interest Period;
