Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of an Advance or continuation of a Eurodollar Rate Advance not later than 10:00 a.m. (Chicago time) on the day of any conversion into a Floating Rate Advance or prior to 10:00 a.m. (Chicago time) on the date which is two Business Days prior to the date of the requested conversion into or continuation of a Eurodollar Rate Advance, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Advance to be converted or continued; and (iii) 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 Rate Advance, the duration of the Interest Period applicable thereto.
Appears in 3 contracts
Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)
Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of an Advance or continuation of a Eurodollar Fixed Rate Advance not later than 10:00 a.m. (Chicago time) on the day of any conversion into a Floating Rate Advance or prior to 10:00 a.m. (Chicago time) on the date which is two Business Days prior to the date of the requested conversion into or continuation of a Eurodollar Fixed Rate Advance, specifying:
(i) the requested date (which shall be a Business Day) of such conversion or continuation;
(ii) the amount and Type of the Advance to be converted or continued; and
(iii) 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 Fixed Rate Advance, the duration of the Interest Period applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (LNR Property Corp), Credit Agreement (Lennar Corp)
Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a “Conversion/Continuation Notice”) of each conversion of an a Revolving Advance or continuation of a Eurodollar Rate Advance not later than 10:00 a.m. (Chicago time) on the day of any conversion into a Floating Rate an ABR Advance or prior to 10:00 a.m. (Chicago time) on the date which is two Business Days prior to the date of the requested conversion into or continuation of a Eurodollar Rate Advance, specifying:
(i) the requested date (which shall be a Business Day) of such conversion or continuation;
(ii) the amount and Type of the Revolving Advance to be converted or continued; and
(iii) the amount and Type(s) of Revolving Advance(s) into which such Revolving Advance is to be converted or continued and, in the case of a conversion into or continuation of a Eurodollar Rate Advance, the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Lennar Corp /New/)
Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of an Advance or continuation of a Eurodollar Rate Advance not later than 10:00 a.m. (Chicago time) on the day of any conversion into a Floating Rate Advance or prior to 10:00 a.m. (Chicago time) on the date which is two Business Days prior to the date of the requested conversion into or continuation of a Eurodollar Rate Advance, specifying:
(i) the requested date (which shall be a Business Day) of such conversion or continuation;
(ii) the amount and Type of the Advance to be converted or continued; and
(iii) 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 Rate Advance, the duration of the Interest Period applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Lennar Corp /New/)
Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a “"Conversion/Continuation Notice”") of each conversion of an a Committed Advance or continuation of a Eurodollar Fixed Rate Advance not later than 10:00 a.m. (Chicago time) on the day of any conversion into a Floating Rate Advance or prior to 10:00 a.m. (Chicago time) on the date which is two Business Days prior to the date of the requested conversion into or continuation of a Eurodollar Fixed Rate Advance, specifying:
: (i) i0 the requested date (which shall be a Business Day) of such conversion or continuation;
; (ii) ii0 the amount and Type of the Advance to be converted or continued; and
and (iii) iii0 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 Fixed Rate Advance, the duration of the Interest Period applicable thereto.
Appears in 1 contract