Common use of Conversion and Continuation of Outstanding Advances Clause in Contracts

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 converted into Eurocurrency Advances pursuant to this Section 2.10 or are repaid in accordance with Section 2.8. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 11 contracts

Samples: Assignment and Assumption Agreement (Bio Rad Laboratories Inc), Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)

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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 converted into Eurocurrency Advances pursuant to this Section 2.10 or are repaid in accordance with Section 2.8. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 7 contracts

Samples: Credit Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc), Credit Agreement (Cardinal Health Inc)

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 converted into Eurocurrency Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 6 contracts

Samples: Credit Agreement (Covansys Corp), Credit Agreement (Bio Rad Laboratories Inc), Assignment Agreement (Cardinal Health Inc)

Conversion and Continuation of Outstanding Advances. Each Floating Rate Advances (other than Swing Line Loans) Advance shall continue as a Floating Rate Advances Advance unless and until such Floating Rate Advances are converted into a Eurocurrency Advances Advance pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 5 contracts

Samples: Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), Assignment and Assumption (Bemis Co Inc)

Conversion and Continuation of Outstanding Advances. Each Floating Rate Advances (other than Swing Line Loans) Advance shall continue as a Floating Rate Advances Advance unless and until such Floating Rate Advances are converted into a Eurocurrency Advances Advance pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7; provided that Swingline Loans may not be converted into a Eurocurrency Advance. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 4 contracts

Samples: Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc)

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 converted into Eurocurrency Eurodollar Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Eurodollar Advance shall continue as a Eurocurrency Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 2 contracts

Samples: Assignment Agreement (Cardinal Health Inc), Assignment Agreement (Cardinal Health Inc)

Conversion and Continuation of Outstanding Advances. (a) Floating Rate Advances (other than Swing Line LoansLoans which shall be continued as provided below) shall continue as Floating Rate Advances unless and until such Floating Rate Advances are converted into Eurocurrency Advances pursuant to this Section 2.10 or are repaid in accordance with Section 2.8. Each Eurocurrency Advance (other than Canadian Swing Line Loans which shall be continued and converted as provided below) shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 2 contracts

Samples: Credit Agreement (Cooper Cameron Corp), Credit Agreement (Cooper Cameron Corp)

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 converted into Eurocurrency Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 1 contract

Samples: Credit Agreement (Qad Inc)

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 converted into Eurocurrency Eurodollar Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Eurodollar Advance shall continue as a Eurocurrency Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time:time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless

Appears in 1 contract

Samples: Pledge and Security Agreement (Matrix Service Co)

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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 converted into Eurocurrency Eurodollar Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Eurodollar Advance shall continue as a Eurocurrency Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time:time such Eurodollar Advance shall be automatically

Appears in 1 contract

Samples: Revolving Credit Agreement (Dayton Power & Light Co)

Conversion and Continuation of Outstanding Advances. No Conversion or Continuation of Eurocurrency Advances After Default. Floating Rate Advances (other than Swing Line LoansAdvances) shall continue as Floating Rate Advances unless and until such Floating Rate Advances are converted into Eurocurrency Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 1 contract

Samples: Credit Agreement (Patterson Dental 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 converted into Eurocurrency Eurodollar Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Eurodollar Advance shall continue as a Eurocurrency Eurodollar Advance until the end of the then applicable Interest Period therefor, at which time: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 2.7 or (y)

Appears in 1 contract

Samples: Assignment Agreement (Aetna Industries Inc)

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 converted into Eurocurrency Advances pursuant to this Section 2.10 2.9 or are repaid in accordance with Section 2.82.7. Each Eurocurrency Advance shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 1 contract

Samples: Credit Agreement (Covansys Corp)

Conversion and Continuation of Outstanding Advances. (a) Floating Rate Advances (other than Swing Line LoansLoans which are addressed in clause (b) below) shall continue as Floating Rate Advances unless and until such Floating Rate Advances are converted into Eurocurrency Advances pursuant to this Section 2.10 or are repaid in accordance with Section 2.8. Each Eurocurrency Advance (other than UK Swing Line Loans which are addressed in clause (b) below) shall continue as a Eurocurrency Advance until the end of the then applicable Interest Period therefor, at which time:

Appears in 1 contract

Samples: Credit Agreement (Cameron International Corp)

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