Conversion by Lenders. Upon written notice to such effect to the Borrower at such time as a Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a LIBOR Loan, convert such LIBOR Loan into a Base Rate Loan, as though a notice to such effect had been given in accordance with Section 6.2.
Appears in 5 contracts
Samples: Credit Agreement (Equinox Gold Corp.), Credit Agreement (Silvercrest Mines Inc), Credit Agreement (Endeavour Silver Corp)
Conversion by Lenders. Upon written notice to such effect to the Borrower Borrowers at such time as a Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a LIBOR Loan, convert such LIBOR Loan into a Base Rate Loan, as though a notice to such effect had been given in accordance with Section 6.2.
Appears in 2 contracts
Samples: Credit Agreement (Equinox Gold Corp.), Credit Agreement (Equinox Gold Corp.)
Conversion by Lenders. Upon written notice to such effect to the Borrower at such time as a Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a LIBOR Loan, Loan convert such LIBOR Loan into a Base Rate Loan, Loan as though a notice to such effect had been given in accordance with Section 6.2.
Appears in 2 contracts
Samples: Credit Agreement (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.)
Conversion by Lenders. Upon written notice to such effect to the Borrower at such time as a an Event of Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a on which such LIBOR LoanLoan matures, convert such LIBOR Loan into a Base Rate Loan, as though a notice to such effect had been given in accordance with Section 6.2.
Appears in 1 contract
Samples: Revolving Facility Credit Agreement (Royal Gold Inc)
Conversion by Lenders. Upon written notice to such effect to the Borrower Representative at such time as a an Event of Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a on which such LIBOR LoanLoan matures, convert such LIBOR Loan into a Base Rate Loan, as though a notice to such effect had been given in accordance with Section 6.2.
Appears in 1 contract
Samples: Revolving Facility Credit Agreement (Royal Gold Inc)
Conversion by Lenders. Upon written notice to such effect to the Borrower at such time as a Default has occurred and is continuing, the Administrative Agent may, on the maturity date of a LIBOR Loan, convert such LIBOR Loan into a Base Rate Loan, as though a notice to such effect had been given in accordance with Section 6.2.. Amended and Restated Credit Agreement
Appears in 1 contract
