Common use of Conversion and Continuation Clause in Contracts

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11, to convert all or any part of a ratable Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 9 contracts

Samples: Revolving Credit Agreement (LNR Property Corp), Unsecured Revolving Credit Agreement (Equity Inns Inc), Assignment Agreement (First Industrial Realty Trust Inc)

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Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.112.10, to convert all or any part of a ratable Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 8 contracts

Samples: Term Loan Agreement (First Industrial Realty Trust Inc), Credit Agreement (First Industrial Realty Trust Inc), Unsecured Term Loan Agreement (First Industrial Realty Trust Inc)

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section SECTION 2.11, to convert all or any part of a ratable Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 3 contracts

Samples: Assignment Agreement (Great Lakes Reit), Assignment Agreement (Great Lakes Reit Inc), Revolving Credit Agreement (LNR Property Corp)

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11section 2.C., to convert all or any part of a ratable an Advance into any other type of Advance; provided that any conversion of a ratable any LIBOR Rate Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 1 contract

Samples: Loan Agreement (Bando McGlocklin Capital Corp)

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.112.6, to convert all or any part of a ratable the Advance into any other type of a LIBOR Advance or a Alternate Base Rate Advance, as the case may be; provided that any conversion of a ratable any LIBOR Rate Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Equity Inns Inc)

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Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11, to convert all or any part of a ratable Advance into any other type of AdvanceAdvance (other than a Swing Line Loan); provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 1 contract

Samples: Assignment Agreement (Rouse Company)

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11, to convert all or any part of a ------------ ratable Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rouse Company)

Conversion and Continuation. (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11, to convert all or any part of a ratable an ------------ Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Rouse Company)

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