Common use of Conversion and Continuation of Borrowings Clause in Contracts

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 8 contracts

Samples: Fourth Amendment (NRG Energy, Inc.), Credit Agreement (NRG Energy, Inc.), Credit Agreement (NRG Energy, Inc.)

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Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower (other than a Swingline Loan) into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 6 contracts

Samples: Credit Agreement (King Pharmaceuticals Inc), Credit Agreement (Alpharma Inc), Credit Agreement (King Pharmaceuticals Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to the date of conversion, to convert any Eurodollar Borrowing of the Borrower denominated in Dollars into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to the date of conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior (in the case of a Eurodollar Borrowing denominated in Dollars) or four Business Days prior (in the case of a Eurodollar Borrowing denominated in an Alternative Currency) to the date of conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 6 contracts

Samples: Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 p.m. (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 p.m. (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 p.m. (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 4 contracts

Samples: Credit Agreement (True Temper Sports PRC Holdings Inc), Second Lien Credit Agreement (True Temper Sports Inc), Credit Agreement (True Temper Sports Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written or fax notice (or telephone notice promptly confirmed by written or fax notice) to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)11:00 a.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 4 contracts

Samples: Intercreditor Agreement (Hawkeye Holdings, Inc.), First Lien Credit Agreement (Hawkeye Holdings, Inc.), Intercreditor Agreement (Hawkeye Holdings, Inc.)

Conversion and Continuation of Borrowings. The Each Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Eurocurrency Borrowing of the Borrower denominated in dollars into an ABR Borrowing, (b) not later than 12:00 (noon), New York City timeLocal Time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Eurocurrency Borrowing denominated in dollars or to continue any Eurodollar Eurocurrency Borrowing of the Borrower as a Eurodollar Eurocurrency Borrowing in the same currency for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City timeLocal Time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Eurocurrency Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 4 contracts

Samples: Credit (Terex Corp), Credit Agreement (Terex Corp), Credit (Terex Corp)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower denominated in Dollars into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing denominated in Dollars or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City timeLocal Time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 3 contracts

Samples: Credit Agreement (Daramic, LLC), Credit Agreement (Polypore International, Inc.), Credit Agreement (Polypore International, Inc.)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one on the day of conversion (which must be a Business Day prior to conversionDay), to convert any Eurodollar Borrowing of the Borrower that is not an Alternative Currency Revolving Credit Borrowing into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 3 contracts

Samples: Credit Agreement (Bats Global Markets, Inc.), Credit Agreement (BATS Global Markets, Inc.), Credit Agreement (BATS Global Markets, Inc.)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not no later than 12:00 (noon)p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not no later than 12:00 (noon)p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not no later than 12:00 (noon)p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period. Each such notice shall be in substantially the form of Exhibit F (a “Notice of Continuation or Conversion”), and shall be subject in each case to the following:

Appears in 3 contracts

Samples: Credit Agreement (Enexus Energy CORP), Credit Agreement (Entergy Corp /De/), Collateral Agreement (Enexus Energy CORP)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior written irrevocable notice notice, in the form of a Notice of Conversion/Continuation, to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Credit Agreement (Oscar Health, Inc.), Credit Agreement (Oscar Health, Inc.)

Conversion and Continuation of Borrowings. (a) The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (ax) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar EuroDollar Borrowing of the Borrower into an ABR Borrowing, (by) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar EuroDollar Borrowing or to continue any Eurodollar EuroDollar Borrowing of the Borrower as a Eurodollar EuroDollar Borrowing for an additional Interest Period and (cz) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar EuroDollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Credit Agreement (Affirmative Insurance Holdings Inc), Intellectual Property Security Agreement (Affirmative Insurance Holdings Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower denominated in Dollars into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing denominated in Dollars or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City timeTime, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Credit Agreement (Spheris Leasing LLC), Credit Agreement (Spheris Operations Inc.)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)p.m., New York City time, one (1) Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)p.m., New York City time, three (3) Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)p.m., New York City time, three (3) Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc /Il/)

Conversion and Continuation of Borrowings. The Each Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the such Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the such Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the such Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the such Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Credit Agreement (NRG Energy, Inc.), Credit Agreement (NRG Energy Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one three Business Day Days prior to the day of a proposed conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing Convert all or a portion of the Borrower outstanding principal amount of Borrowings of one Type made to it into a Eurodollar Borrowing or Borrowings of another Type that can be made to it pursuant to this Agreement or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 2 contracts

Samples: Second Lien Credit Agreement (RCS Capital Corp), First Lien Credit Agreement (RCS Capital Corp)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent by telephone (a) not later than 12:00 (noon), New York City time, one Business Day prior to the date of conversion, to convert any Eurodollar Eurocurrency Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Eurocurrency Borrowing or to continue any Eurodollar Eurocurrency Borrowing of the Borrower as a Eurodollar Eurocurrency Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Eurocurrency Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing (other than a Borrowing of the Borrower a Euro Term Loan) into an ABR Borrowing, (b) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Alcatel Lucent)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Collateral Agent (a) not later than 12:00 (noon)p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower Borrowers into an ABR Borrowing, (b) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower Borrowers into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower Borrowers as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower Borrowers to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Maxxam Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one Business Day prior to the day of any conversion, to convert any Eurodollar EurodollarSOFR Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar EurodollarSOFR Borrowing or to continue any Eurodollar EurodollarSOFR Borrowing of the Borrower as a Eurodollar EurodollarSOFR Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar EurodollarSOFR Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Yellow Corp)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three (3) Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three (3) Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement

Conversion and Continuation of Borrowings. (a) The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (ax) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (by) not later than 12:00 (noon)10:00 a.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (cz) not later than 12:00 (noon), ) New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Affirmative Insurance Holdings Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent in substantially the form of Exhibit H (a) not later than 12:00 (noon)2:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Seven Oaks Acquisition Corp.)

Conversion and Continuation of Borrowings. (a) The Borrower shall have the right at any time upon prior irrevocable telephonic notice to the Administrative Agent (ai) not later than 12:00 (noon), New York City time, one Business Day prior to on the day of the proposed conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (bii) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (ciii) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, in each case followed by prompt written notice, subject in each case to the following:

Appears in 1 contract

Samples: Term Loan Agreement (Alon USA Energy, Inc.)

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Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Eurocurrency Borrowing of the Borrower denominated in Dollars into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Eurocurrency Borrowing denominated in Dollars or to continue any Eurodollar Eurocurrency Borrowing of the Borrower as a Eurodollar Eurocurrency Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City timeLocal Time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Eurocurrency Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Polypore, Inc.)

Conversion and Continuation of Borrowings. The Borrower Borrowers shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing (other than a Borrowing of the Borrower a Third Amendment Incremental Term Loan) into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Lindblad Expeditions Holdings, Inc.)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower Borrowers into an ABR Borrowing, (b) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower Borrowers into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower Borrowers as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower Borrowers to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Maxxam Inc)

Conversion and Continuation of Borrowings. The Borrower applicable Borrowers shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon), New York City timeTime, one Business Day prior to the day of conversion, to convert any Eurodollar Eurocurrency Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City timeTime, three Business Days prior to the day of conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Eurocurrency Borrowing or to continue any Eurodollar Eurocurrency Borrowing of the Borrower as a Eurodollar Eurocurrency Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to the day of conversion, to convert the Interest Period with respect to any Eurodollar Eurocurrency Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (ASC Holdco, Inc.)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon)noon)1:00 p.m., New York City time, one three (3) Business Day Days prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)noon)1:00 p.m., New York City time, three (3) Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)noon)1:00 p.m., New York City time, three (3) Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Enviva Partners, LP)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)11:00 a.m., New York City time, one Business Day prior to on the date of conversion, to convert any one or more Eurodollar Borrowing of the Borrower Revolving Borrowings into an ABR Borrowing, (b) not later than 12:00 (noon)11:00 a.m., New York City time, three Business Days prior to conversion or continuation, to convert any one or more ABR Borrowing of the Borrower Borrowings into a Eurodollar Borrowing Revolving Borrowings or to continue any one or more Eurodollar Borrowing of the Borrower Revolving Borrowings as a Eurodollar Revolving Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)11:00 a.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Revolving Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Oak Industries Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice (delivered by hand or by fax) (or telephone notice promptly confirmed by written notice (delivered by hand or by fax)) to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)1:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Second Lien Credit Agreement (Carrizo Oil & Gas Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right (subject to the limitations specified in Section 2.02) at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Playboy Enterprises Inc)

Conversion and Continuation of Borrowings. The Each Borrower shall have the right at any time upon prior delivery of an irrevocable notice Interest Election Request to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the such Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the such Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the such Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Wca Waste Corp)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower Borrowers into an ABR Borrowing, (b) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower Borrowers into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower Borrowers as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower Borrowers to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Maxxam Inc)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower Borrowers into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower Borrowers into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower Borrowers as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower Borrowers to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Term Loan Agreement (Maxxam Inc)

Conversion and Continuation of Borrowings. The Borrower shall have the right (subject to the limitations specified in Section 2.03) at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon)2:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)2:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Morrison Knudsen Corp//)

Conversion and Continuation of Borrowings. The Administrative Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent (a) not later than 12:00 (noon)1:00 p.m., New York City time, one three (3) Business Day Days prior to conversion, to convert any Eurodollar EurodollarTerm SOFR Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)1:00 p.m., New York City time, three (3) Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar EurodollarTerm SOFR Borrowing or to continue any Eurodollar EurodollarTerm SOFR Borrowing of the Borrower as a Eurodollar EurodollarTerm SOFR Borrowing for an additional Interest Period Period, and (c) not later than 12:00 (noon)1:00 p.m., New York City time, three (3) Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar EurodollarTerm SOFR Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Enviva Inc.)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon)Noon, New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon)Noon, New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Credit Agreement (Skillsoft Public Limited Co)

Conversion and Continuation of Borrowings. The Borrower shall have the right at any time upon prior irrevocable written notice to the Administrative Agent in the form of a Notice of Continuation or Conversion (a) not later than 12:00 (noon), New York City time, one three Business Day Days prior to the day of a proposed conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing Convert all or a portion of the Borrower outstanding principal amount of Borrowings of one Type made to it into a Eurodollar Borrowing or Borrowings of another Type that can be made to it pursuant to this Agreement or to continue any Eurodollar Borrowing of the Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of the Borrower to another permissible Interest Period, subject in each case to the following:

Appears in 1 contract

Samples: Loan Agreement

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