Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.6. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.5, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date, which shall be a Business Day, of such conversion or continuation, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and (iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 8 contracts
Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 5 contracts
Samples: Bridge Loan Agreement (Cintas Corp), Credit Agreement (Torchmark Corp), 364 Day Credit Agreement (Torchmark Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 4 contracts
Samples: Credit Agreement (Vectren Corp), Revolving Credit Agreement (DPL Inc), Credit Agreement (Vectren Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 4 contracts
Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Great Plains Energy Inc), Credit Agreement (Kansas City Power & Light Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Charlotte, North Carolina time) at least three on the third Business Days Day prior to the date of the requested conversion or continuation, specifying:
(i) 2.9.1 the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and 2.9.3 the duration of the Interest Period applicable thereto. Notwithstanding anything to the contrary in this Agreement, no Swing Line Loan may be converted from a Floating Rate Advance to a Eurodollar Advance.
Appears in 3 contracts
Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (OGE Enogex Partners L.P.), Credit Agreement (Oge Energy Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Charlotte, North Carolina time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 3 contracts
Samples: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Charlotte, North Carolina time) at least three on the third Business Days Day prior to the date of the requested conversion or continuation, specifying:
(i) 2.9.1 the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and 2.9.3 the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Oge Energy Corp.), Credit Agreement (Oge Energy Corp.)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.5, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Mge Energy Inc), Credit Agreement (Madison Gas & Electric Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement, or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto. This Section 2.7 shall not apply to Swingline Loans, which may not be converted or continued.
Appears in 2 contracts
Samples: Credit Agreement (USA Compression Partners, LP), Credit Agreement
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York City time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Wrigley Wm Jr Co), Credit Agreement (Wrigley Wm Jr Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(ia) the requested date, which shall be a Business Day, of such conversion or continuation,
(iib) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iiic) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Patterson Dental Co), Credit Agreement (Unitrin Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Detroit time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Aetna Industries Inc), Bridge Credit Agreement (Tecumseh Products Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances (other than Swing Line Loans) shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance (other than a Swing Line Loan) into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 12:00 p.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(ia) the requested date, which shall be a Business Day, of such conversion or continuation,
(iib) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iiic) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Midas Inc), Credit Agreement (Midas Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) in connection with the conversion or continuation of an Advance as a Eurodollar Advance, (a) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and (b) the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Pinnacle West Capital Corp), Credit Agreement (Pinnacle West Capital Corp)
Conversion and Continuation of Outstanding Advances. CB Floating Rate Advances shall continue as CB Floating Rate Advances unless and until such CB Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a CB Floating Rate Advance unless (xa) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (yb) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a CB Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a CB Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Fort Worth time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(ia) the requested date, which shall be a Business Day, of such conversion or continuation,
(iib) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iiic) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (First Cash Financial Services Inc), Credit Agreement (First Cash Financial Services Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. (New York Chicago time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.. This
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion22 "CONVERSION/Continuation Notice”CONTINUATION NOTICE") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Dallas, Texas time) at least three Business Days prior to the date of the requested conversion or Or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent Bank a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent Bank irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and,
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuationcontinuation as or into a Eurodollar Advance, specifying:
(i1) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii2) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii3) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Integra Bank Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Dallas time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Daisytek International Corporation /De/)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Fixed Rate Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance Fixed Rate Advance, shall continue as a Eurodollar Fixed Rate Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Fixed Rate Advance shall be automatically converted into a Floating Rate Advance unless (xa) such Eurodollar Fixed Rate Advance is or was repaid in accordance with Section 2.6 this Agreement or (yb) the Borrower Company shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Fixed Rate Advance continue continues as a Eurodollar Fixed Rate Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower Borrowers may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Fixed Rate Advance. The Borrower Company shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Fixed Rate Advance or continuation of a Eurodollar Advance, Fixed Rate Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Fixed Rate Advance (provided that the amounts set forth in Section 2.4 shall be complied with), and (iv) the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit F hereto (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. 11:30 a.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Houston time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of limitations set forth in Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) from an Authorized Person of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. noon (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Ryland Group Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Cimarex Energy Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Louisville time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Magnetek Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Maytag Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, continued and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Alternate Base Rate Advances shall continue as Floating Alternate Base Rate Advances unless and until such Floating Alternate Base Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.6Advances. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating an Alternate Base Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.3, the Borrower may elect from time to time to convert all or any part of a Floating an Alternate Base Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating an Alternate Base Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, date which shall be a Business Day, of such conversion or continuation,
; (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
; and (iii) the amount and Type(s) of such Advance(s) into which such Advance is to be converted or continued and, in the case of a conversion into or continued as continuation of a Eurodollar Advance and Advance, the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.09 or are repaid in accordance with Section 2.62.07. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.07 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.06, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances (other than Swing Line Loans) shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance (other than a Swing Line Loan) into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Alternate Base Rate Advances shall continue as Floating Alternate Base Rate Advances unless and until such Floating Alternate Base Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 Subsection 2.9 or are repaid in accordance with Section 2.6Subsection 2.7 hereof. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate new Eurodollar Advance with a one month Interest Period unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 Subsection 2.7 hereof, or (y) the Borrower shall have given the Administrative Agent Bank a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Periodbe converted to an Alternate Base Rate Advance. Subject to the terms of Section 2.5Subsection 2.6 hereof, the Borrower may elect from time to time to convert all or any part of a Floating an Alternate Base Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent Bank irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating an Alternate Base Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable theretoAdvance.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion"CONVERSION/Continuation Notice”CONTINUATION NOTICE") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Clark Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance (other than Swing Line Advances) into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Dallas time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Centex Construction Products Inc)
Conversion and Continuation of Outstanding Advances. Each Floating Rate Advances Advance shall continue as a Floating Rate Advances Advance unless and until such Floating Rate Advances are either Advance is converted into a Eurodollar Advances in accordance with Advance pursuant to this Section 2.2.4 2.9 or are is repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the either Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the either Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Either Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York City time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Vectren Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance (other than Swing Line Advances) into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Dallas time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Centex Construction Products Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.5, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.6repaid. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Eurodollar Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Eurodollar Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Eurodollar Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 12 noon (New York Central time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Eurodollar Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Osca Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Vectren Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate --------------------------------------------------- Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Transit Group Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Dallas time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Loan Agreement (Equity Oil Co)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar EurodollarSOFR Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar EurodollarSOFR Advance shall continue as a Eurodollar EurodollarSOFR Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar EurodollarSOFR Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar EurodollarSOFR Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar EurodollarSOFR Advance continue as a Eurodollar EurodollarSOFR Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar EurodollarSOFR Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, EurodollarSOFR Advance or continuation of a Eurodollar Advance, EurodollarSOFR Advance not later than 1:00 p.m. (New York time) at least three 11:00 a.m. on the third U.S. Government Securities Business Days Day prior to the date of the requested conversion or continuation, specifying:
(i) 2.9.1 the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and 2.9.3 the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating --------------------------------------------------- Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower Borrowers shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower Borrowers may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower Borrowers shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.12 or are repaid in accordance with Section 2.62.10. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.10 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.9, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: 364 Day Credit Agreement (Moneygram International Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the a Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the a Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The A Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00
a. m. (New York Detroit time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Kaydon Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York, New York time) at least three on the third Business Days Day prior to the date of the requested conversion or continuation, specifying:
(i) 2.9.1 the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and 2.9.3 the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, with respect to Interest Periods of one week or less, not later than 1:00 p.m. 11:00 a.m. (New York, New York time) at least three on, and with respect to greater Interest Periods, on the third Business Days Day prior to to, the date Business Day of the requested conversion or continuation, specifying:
(i) 2.9.1 the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and 2.9.3 the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
continued and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago, Illinois time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. 11:00 a.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.11 or are repaid in accordance with Section 2.62.9. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.9 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.8, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Each Floating Rate Advances Advance shall continue as a Floating Rate Advances Advance unless and until such Floating Rate Advances are either Advance is converted into a Eurodollar Advances in accordance with Advance pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Indianapolis time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Vectren Corp)
Conversion and Continuation of Outstanding Advances. Floating Alternate Base Rate Advances shall continue as Floating Alternate Base Rate Advances unless and until such Floating Alternate Base Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Alternate Base Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower Company shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower Company may elect from time to time to convert all or any part of a Floating Alternate Base Rate Advance into a Eurodollar Advance. The Borrower Company shall give the Administrative Agent irrevocable notice (a “Conversion"CONVERSION/Continuation Notice”CONTINUATION NOTICE") of each conversion of a Floating Alternate Base Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Lafarge Corp)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.8 or are repaid in accordance with Section 2.62.6 or Section 2.2(c). Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 or Section 2.2(c) or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.3, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. (New York time) 11:00
a. m. at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance, which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Term Loan Credit Agreement
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion"CONVERSION/Continuation Notice”CONTINUATION NOTICE") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Dallas, Texas time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. (New York time) 11:00 a.m. at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:: .CHAR1\1170499v7
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with this Section 2.2.4 2.2(d) or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit F hereto (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, or continuation of a Eurodollar Advance, not later than 1:00 p.m. 11:30 a.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Portland General Electric Co /Or/)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
: (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 12:00 noon (New York Charlotte time) at least three (3) Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Blueknight Energy Partners, L.P.)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement or (y) the relevant Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the a Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The A Revolving Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances (other than Swing Line Loans) unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance Advance(other than Swing Line Loans) into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Detroit time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.09 or are repaid in accordance with Section 2.62.07. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.07 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.06, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (NVR Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.8 or are repaid in accordance with Section 2.62.5. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.5 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.3, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or of the continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
: (i) the a)the requested datedate of such conversion or continuation, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.;
Appears in 1 contract
Samples: Term Credit Agreement (Raymond James Financial Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.7 or are repaid in accordance with Section 2.6this Agreement. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 this Agreement or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.4, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar AdvanceAdvance . The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit A (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 11:00 a.m. (New York City time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
specifying (i) the requested date, which shall be a Business Day, of such conversion or continuation,
, (ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
and (iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) : the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) , the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) and whether such Advance is comprised of Term Loans or Revolving Loans, and the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Roundys Inc)
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.10 or are repaid in accordance with Section 2.62.8. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.8 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the same or another Interest Period. Subject to the terms of Section 2.52.7, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. 10:00 a.m. (New York Houston time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract
Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are either converted into Eurodollar Advances in accordance with pursuant to this Section 2.2.4 2.9 or are repaid in accordance with Section 2.62.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with Section 2.6 2.7 or (y) the Borrower shall have given the Administrative Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as or convert into, a Eurodollar Advance for the same or another Interest PeriodPeriod or a Floating Rate Advance. Subject to the terms of Section 2.52.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance, Advance or continuation of a Eurodollar Advance, Advance not later than 1:00 p.m. noon (New York Chicago time) at least three Business Days prior to the date of the requested conversion or continuation, specifying:
(i) the requested date, which shall be a Business Day, of such conversion or continuation,
(ii) the aggregate amount and Type of the Advance which is to be converted or continued, and
(iii) the amount of such Advance(s) Advance which is to be converted into or continued as a Eurodollar Advance and the duration of the Interest Period applicable thereto.
Appears in 1 contract