Common use of Conversion/Continuation Clause in Contracts

Conversion/Continuation. (a) Subject to Section 2.18 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Event of Default will have occurred and then be continuing, the Borrower will have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to $100,000 and integral multiples of $50,000 in excess of that amount from one Type of Loan to another Type of Loan; provided that a Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 and integral multiples of $50,000 in excess of that amount as a Eurodollar Rate Loan. (b) The Borrower will deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 a.m. (New York City time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three Business Days in advance of the proposed Conversion/Continuation Date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Event of Default will shall have occurred and then be continuing, the Borrower will shall have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to at least $100,000 and integral multiples of $50,000 in excess of that amount 1,000,000 from one Type of Loan to another Type of Loan; provided provided, any part of a Eurodollar Rate Loan may be converted to a Base Rate Loan equal to at least $500,000 to the extent that the principal amount of the portion of the Eurodollar Rate Loan not so converted is at least $1,000,000; provided, further, a Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will shall pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to at least $100,000 and integral multiples of $50,000 in excess of that amount 1,000,000 as a Eurodollar Rate Loan. (b) The Subject to Section 3.2(b), Borrower will shall deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will shall be bound to effect a conversion or continuation in accordance therewith. If on any day a Loan is outstanding with respect to which a Funding Notice or Conversion/Continuation Notice has not been delivered to Administrative Agent in accordance with the terms hereof specifying the applicable basis for determining the rate of interest, then for that day such Loan shall be a Base Rate Loan.

Conversion/Continuation. (a) Subject to Section 2.18 and (other than in the case of and, if a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will shall have occurred and then be continuing, the Borrower will Administrative Agent has not provided notice to the contrary), Borrowers shall have the option: (i) to convert at any time all or any part of any Extended Domestic Tranche C Term Loan or Revolving Loan equal to $100,000 1,000,000 and integral multiples of $50,000 500,000 in excess of that amount from one Type of Loan to another Type of Loan; provided that provided, a Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the applicable Borrower will shall pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 1,000,000 and integral multiples of $50,000 500,000 in excess of each applicable amount as a Eurodollar Rate Loan in excess of that amount as a Eurodollar Rate Loan. (b) The U.S. Borrower will shall deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City timeLocal Time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan); provided that, Extended European Term Loans and European Revolving Loans may only be continued as Eurodollar Rate Loans. Except as otherwise provided herein, a Conversion/Continuation Notice for conversion toto (solely with respect to Domestic Loans), or continuation of, any Eurodollar Rate Loans will (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will Borrowers shall be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 and (other than and, in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) Loans denominated in Dollars, so long as no Default or Event of Default will have occurred and then be continuing), the Borrower Company will have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan denominated in Dollars equal to $100,000 the corresponding minimum and integral multiples of $50,000 multiple Dollar amount set forth in excess of that amount Section 2.2(b)(i) from one Type of Loan to another Type of Loan; provided that a Eurodollar Eurocurrency Rate Loan denominated in Dollars may only be converted on the expiration of the Interest Period applicable to such Eurodollar Eurocurrency Rate Loan unless the Borrower Company will pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Eurocurrency Rate LoanLoan denominated in (A) Dollars, to continue all or any portion of such Loan equal to $100,000 the corresponding minimum and integral multiples of $50,000 multiple Dollar amount set forth in excess of that amount Section 2.2(b)(i) as a Eurodollar Eurocurrency Rate LoanLoan and (B) any Alternative Currency, to continue all or any portion of such Revolving Loan equal to the corresponding minimum and integral multiple for such Alternative Currency set forth in Section 2.2(b)(i). (b) The Borrower Company will deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 a.m. (New York City time) at least one (1) Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three (3) Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Eurocurrency Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Eurocurrency Rate Loans will be irrevocable on and after the related Interest Rate Determination Date, and the Borrower Company will be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 2.17 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will shall have occurred and then be continuingcontinuing in the case of any conversion to or continuance as a Eurodollar Rate Loan, the Borrower will shall have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to $100,000 1,000,000 and integral multiples of $50,000 100,000 in excess of that amount from one Type of Loan to another Type of Loan; provided that provided, a Eurodollar Rate Loan may only be converted into an Alternate Base Rate Loan on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will shall pay all amounts due under Section 2.18 2.17 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 1,000,000 and integral multiples of $50,000 100,000 in excess of that amount as a Eurodollar Rate Loan. (b) The Borrower will shall deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a an Alternate Base Rate Loan) and at least three Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will shall be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will shall have occurred and then be continuing, the Borrower will Company shall have the option:: FIRST LIEN CREDIT AND GUARANTY AGREEMENT 824323-New York Server 7A EXECUTION (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to $100,000 1,000,000 and integral multiples of $50,000 250,000 in excess of that amount from one Type of Loan to another Type of Loan; provided that provided, a Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will Company shall pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 1,000,000 and integral multiples of $50,000 250,000 in excess of that amount as a Eurodollar Rate Loan. (b) The Borrower will Company shall deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a Base an Index Rate Loan) and at least three Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will Company shall be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will have occurred and then be continuing, the Borrower will have the option: (i) to convert at any time all or any part of any Term Loan or Incremental Revolving Loan equal to $100,000 and integral multiples of $50,000 in excess of that amount from one Type of Loan to another Type of Loan; provided that a Eurodollar Rate RateSOFR Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate RateSOFR Loan unless the Borrower will pay all amounts due under Section 2.18 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate RateSOFR Loan, to continue all or any portion of such Loan equal to $100,000 and integral multiples of $50,000 in excess of that amount as a Eurodollar Rate RateSOFR Loan. (b) The Borrower will deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 a.m. 12:00 p.m. (New York City time) at least one (1) Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three (3) Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate RateSOFR Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate RateSOFR Loans will be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will be bound to effect a conversion or continuation in accordance therewith.

Conversion/Continuation. (a) Subject to Section 2.18 2.16 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will have has occurred and is then be continuing, the Borrower will have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to $100,000 1,000,000 and integral multiples of $50,000 1,000,000 in excess of that such amount (or, if less than $1,000,000, the entire principal amount of such Loan then outstanding) from one Type of Loan to another Type of Loan; provided that a . A Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will pay pays all amounts due under Section 2.18 2.16(c) in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 1,000,000 and integral multiples of $50,000 1,000,000 in excess of that such amount as a (or, if less than $1,000,000, the entire principal amount of such Eurodollar Rate LoanLoan then outstanding). (b) The Subject to Section 2.22, Borrower will deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City time) at least one (1) Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three (3) Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided hereinin this Agreement, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will be bound to effect a conversion or continuation in accordance therewith. If on any day a Loan is outstanding with respect to which a Borrowing Notice or Conversion/Continuation Notice has not been delivered to Administrative Agent in accordance with the terms of this Agreement specifying the applicable basis for determining the rate of interest, then such Loan will be deemed to be a Eurodollar Rate Loan having an Interest Period of thirty (30) days.

Conversion/Continuation. (a) Subject to Section 2.18 2.15 and (other than in the case of a conversion of a Eurodollar Rate Loan to a Base Rate Loan) so long as no Default or Event of Default will shall have occurred and then be continuingcontinuing (which the Requisite Lenders have notified Company will prevent the following), the Borrower will Company shall have the option: (i) to convert at any time all or any part of any Term Loan or Revolving Loan equal to (y) $1,000,000 and integral multiples of $100,000 in excess of that amount from a Base Rate Loan to a Eurodollar Rate Loan and (z) $100,000 and integral multiples of $50,000 100,000 in excess of that amount from one Type of a Eurodollar Rate Loan to another Type of a Base Rate Loan; provided that a Eurodollar Rate Loan may only be converted on the expiration of the Interest Period applicable to such Eurodollar Rate Loan unless the Borrower will Company shall pay all amounts due under Section 2.18 2.15 in connection with any such conversion; or (ii) upon the expiration of any Interest Period applicable to any Eurodollar Rate Loan, to continue all or any portion of such Loan equal to $100,000 1,000,000 and integral multiples of $50,000 100,000 in excess of that amount as a Eurodollar Rate Loan. (b) The Borrower will Company shall deliver a Conversion/Continuation Notice to the Administrative Agent by Electronic Transmission no later than 11:00 10:00 a.m. (New York City time) at least one Business Day in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three Business Days in advance of the proposed Conversionconversion/Continuation Date continuation date (in the case of a conversion to, or a continuation of, a Eurodollar Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any Eurodollar Rate Loans will shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower will Company shall be bound to effect a conversion or continuation in accordance therewith.