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 not later than 12:00 (noon), New York City time, (a) one Business Day prior thereto, to convert any Eurodollar Borrowing into an ABR Borrowing, (b) three Business Days prior thereto, to convert any ABR Borrowing into a Eurodollar Borrowing or to continue any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, and (c) three Business Days prior thereto, to convert the Interest Period with respect to any Eurodollar Borrowing to another permissible Interest Period, subject in each case to the following:

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

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