Common use of Conversion and Continuation Clause in Contracts

Conversion and Continuation. (i) All or any part of the principal amount of Loans of any Type may, on any Business Day, be converted into any other Type or Types of Loans, except that (A) Eurodollar Rate Loans may be converted only on the last day of an applicable Interest Period and (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business Day.

Appears in 6 contracts

Samples: Secured Revolving Credit Agreement (California Steel Industries Inc), Credit Agreement (Aes Eastern Energy Lp), Credit Agreement (Reinsurance Group of America Inc)

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Conversion and Continuation. (i) All or any part of the principal amount of Loans of any Type may, on any Business Day, be converted into any other Type or Types of Loans, except that (A) Eurodollar Rate Loans may be converted only on the last day of an applicable Interest Period and Period, (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business DayDay and (C) Swing Loans shall be maintained as Base Rate Loans at all times.

Appears in 4 contracts

Samples: Credit Agreement (Garden State Newspapers Inc), Credit Agreement (Garden State Newspapers Inc), Credit Agreement (Garden State Newspapers Inc)

Conversion and Continuation. (i) All or any part of the principal amount of Loans of any Type Loan may, on any Business Day, be converted into any other Type another type or Types types of Loans, except that (A) Eurodollar Rate Loans may be converted only on the last day of an the applicable Interest Period and (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business DayPeriod.

Appears in 3 contracts

Samples: Credit Agreement (CSC Holdings Inc), Credit Agreement (Cablevisions System Corp /Ny), Credit Agreement (CSC Holdings Inc)

Conversion and Continuation. (i) All or any part of the principal amount of Loans of any Type Loan may, on any Business Day, be converted into any other Type another type or Types types of LoansLoan, except that (A) Eurodollar Rate Loans may be converted only on the last day of an the applicable Interest Period and (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business DayPeriod.

Appears in 2 contracts

Samples: Credit Agreement (CSC Holdings Inc), Credit Agreement (CSC Holdings Inc)

Conversion and Continuation. (i) All or any part of the principal amount of Loans of any Type may, on any Business Day, be converted into any other Type or Types of Loans, except that (A) Eurodollar Rate Loans may be converted only on the last day of an the applicable Interest Period Periods therefor and (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business Day.

Appears in 2 contracts

Samples: Credit Agreement (Comcast Cellular Holdings Inc), Credit Agreement (Comcast Cellular Holdings Inc)

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Conversion and Continuation. (i) All or any part of the principal amount of Term A Loans, Term B Loans and RC Loans of any Type may, on any Business Day, be converted into any other Type or Types of Term A Loans, Term B Loans and RC Loans, except that (A) Eurodollar Rate Loans may be converted only on the last day of an applicable Interest Period and (B) Base Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business Day.

Appears in 1 contract

Samples: Zd Inc

Conversion and Continuation. (i) All or any part of the --------------------------- principal amount of Loans of any Type may, on any Business Day, be converted into any other Type or Types of Loans, except that (A) Eurodollar Fixed Rate Loans may be converted only on the last day of an applicable Interest Period and (B) Base Domestic Rate Loans may be converted into Eurodollar Rate Loans only on a Eurodollar Business Day.

Appears in 1 contract

Samples: Credit Agreement (Primestar Inc)

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