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

Conversion and Continuation of Outstanding Advances. Each Alternate Base Rate Advance shall continue as an Alternate Base Rate Advance unless and until such Alternate Base Rate Advance is converted into a Eurodollar Advance pursuant to this Section 2.9 or is repaid in accordance with Section 2.7. 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 an Alternate Base Rate Advance unless (a) such Eurodollar Advance is or was repaid in accordance with Section 2.7 or (b) 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 2.6, the Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Advance into a Eurodollar Advance. Subject to the payment of any funding indemnification amounts required by Section 3.4, the Borrower may elect from time to time to convert all or any part of a Eurodollar Advance into an Alternate Base Rate Advance. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each (x) conversion of an Alternate Base Rate Advance into a Eurodollar Advance or the continuation of a Eurodollar Advance as a new Eurodollar Advance not later than 11:00 a.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation and (y) conversion of a Eurodollar Advance into an Alternate Base Rate Advance, not later than 11:00 a.m. (New York time) on the date of the requested conversion, in each case specifying: (a) the requested date of such conversion or continuation, which shall be a Business Day; (b) the aggregate amount and Type of the Advance which is to be converted or continued; and (c) the amount and Type(s) of Advance(s) into which such Advance is to be converted or continued and, in the case of a conversion into or continuation of a Eurodollar Advance, the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.

Conversion and Continuation of Outstanding Advances. Each Alternate Base Floating Rate Advance Advances shall continue as an Alternate Base Floating Rate Advance Advances unless and until such Alternate Base Floating Rate Advance is Advances are either converted into a Eurodollar Advance pursuant to Advances in accordance with this Section 2.9 2.2.4 or is are repaid in accordance with Section 2.72.6. 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 an Alternate Base a Floating Rate Advance unless (ax) such Eurodollar Advance is or was repaid in accordance with Section 2.7 2.6 or (by) 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 2.6, the Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Advance into a Eurodollar Advance. Subject to the payment of any funding indemnification amounts required by Section 3.42.5, the Borrower may elect from time to time to convert all or any part of a Eurodollar Floating Rate Advance into an Alternate Base Rate a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit C (a “Conversion/Continuation Notice”) of with respect to each (x) conversion of an Alternate Base a Floating Rate Advance into a Eurodollar Advance Advance, or the continuation of a Eurodollar Advance as a new Eurodollar Advance Advance, not later than 11:00 10:00 a.m. (New York Los Angeles time) at least three (3) Business Days prior to the date of the requested conversion or continuation and (y) conversion of a Eurodollar Advance into an Alternate Base Rate Advancecontinuation, not later than 11:00 a.m. (New York time) on the date of the requested conversion, in each case specifying: (ai) the requested date of such conversion or continuationdate, which shall be a Business Day, of such conversion or continuation; (bii) the aggregate amount and Type of the Advance which is to be converted or continued; and (ciii) the amount and Type(s) of Advance(s) into the Advance which such Advance is to be converted into or continued and, in the case of a conversion into or continuation of as a Eurodollar Advance, Advance and the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.

Conversion and Continuation of Outstanding Advances. Each Alternate Base Floating Rate Advance Advances shall continue as an Alternate Base Floating Rate Advance Advances unless and until such Alternate Base Floating Rate Advance is Advances are converted into a Eurodollar Advance Advances pursuant to this Section 2.9 2.09 or is are repaid in accordance with Section 2.72.07. 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 an Alternate Base a Floating Rate Advance unless (ax) such Eurodollar Advance is or was repaid in accordance with Section 2.7 2.07 or (by) 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 2.6, the Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Advance into a Eurodollar Advance. Subject to the payment of any funding indemnification amounts required by Section 3.42.06, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. Notwithstanding anything to the contrary contained in this Section 2.09, no Advance may be converted or continued as a Eurodollar Advance into an Alternate Base Rate Advance(except with the consent of the Required Lenders) when any Default has occurred and is continuing. The Borrower shall give the Administrative Agent irrevocable notice substantially in the form of Exhibit G (a “Conversion/Continuation Notice”) of each (x) conversion of an Alternate Base a Floating Rate Advance into a Eurodollar Advance or the continuation of a Eurodollar Advance as a new Eurodollar Advance not later than 11:00 a.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation and (y) conversion of a Eurodollar Advance into an Alternate Base Rate Advancecontinuation, not later than 11:00 a.m. (New York time) on the date of the requested conversion, in each case specifying: (a) the requested date of such conversion or continuationdate, which shall be a Business Day;, of such conversion or continuation, (b) the aggregate amount and Type of the Advance which is to be converted or continued; , and (c) the amount and Type(s) of Advance(s) into which such Advance which is to be converted into or continued and, in the case of a conversion into or continuation of as a Eurodollar Advance, Advance and the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.

Conversion and Continuation of Outstanding Advances. Each Alternate Base Floating Rate Advance Advances shall continue as an Alternate Base Floating Rate Advance Advances unless and until such Alternate Base Floating Rate Advance is Advances are either converted into a Eurodollar Advance pursuant to Advances in accordance with this Section 2.9 2.2.4 or is are repaid in accordance with Section 2.72.6. 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 an Alternate Base a Floating Rate Advance unless (ax) such Eurodollar Advance is or was repaid in accordance with Section 2.7 2.6 or (by) 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 2.6, the Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Advance into a Eurodollar Advance. Subject to the payment of any funding indemnification amounts required by Section 3.42.5, the Borrower may elect from time to time to convert all or any part of a Eurodollar Floating Rate Advance into an Alternate Base Rate a Eurodollar Advance. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit C (a “Conversion/Continuation Notice”) of with respect to each (x) conversion of an Alternate Base a Floating Rate Advance into a Eurodollar Advance Advance, or the continuation of a Eurodollar Advance as a new Eurodollar Advance Advance, not later than 11:00 a.m. 1:00 p.m. (New York time) at least three (3) Business Days prior to the date of the requested conversion or continuation and (y) conversion of a Eurodollar Advance into an Alternate Base Rate Advancecontinuation, not later than 11:00 a.m. (New York time) on the date of the requested conversion, in each case specifying: (ai) the requested date of such conversion or continuationdate, which shall be a Business Day, of such conversion or continuation; (bii) the aggregate amount and Type of the Advance which is to be converted or continued; and (ciii) the amount and Type(s) of Advance(s) into the Advance which such Advance is to be converted into or continued and, in the case of a conversion into or continuation of as a Eurodollar Advance, Advance and the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.

Conversion and Continuation of Outstanding Advances. Each Alternate Base Rate Advance Advances shall continue as an Alternate Base Rate Advance Advances unless and until such Alternate Base Rate Advance is Advances are converted into a Eurodollar Advance pursuant to this Section 2.9 or is repaid in accordance with Section 2.7Advances. 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 an Alternate Base Rate Advance unless (a) such Eurodollar Advance is or was repaid in accordance with Section 2.7 or (b) 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 2.62.5, the Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Advance into a Eurodollar Advance. Subject to the payment of any funding indemnification amounts required by Section 3.4Type into any other Type of Advance; provided, however, that any conversion of any Eurodollar Advance shall be made on, and only on, the Borrower may elect from time to time to convert all or any part last day of a Eurodollar Advance into an Alternate Base Rate Advancethe Interest Period applicable thereto. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each (x) conversion of an Alternate Base Rate Advance into a Eurodollar Advance or the continuation of a Eurodollar Advance as a new Eurodollar Advance not later than 11:00 10:00 a.m. (New York Chicago time) on the date of conversion, in the case of a conversion into an Alternate Base Rate Advance, or at least three (3) Business Days Days, in the case of a conversion into or continuation of a Eurodollar Advance, prior to the date of the requested conversion or continuation and (y) conversion of a Eurodollar Advance into an Alternate Base Rate Advancecontinuation, not later than 11:00 a.m. (New York time) on the date of the requested conversion, in each case specifying: (a) the requested date of such conversion or continuationdate, which shall be a Business Day, of such conversion or continuation; (b) the aggregate amount and Type of the Advance which is to be converted or continued; and (c) the amount and Type(s) of Advance(s) into which such Advance is to be converted or continued and, in the case of a conversion into or continuation of a Eurodollar Advance, the duration of the Interest Period applicable thereto, which shall end on or prior to the Facility Termination Date.