Common use of Conversion of Advances Clause in Contracts

Conversion of Advances. The Borrower may on any Business ---------------------- Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of (S)(S)2.07 and 2.09, Convert all Tranche X Advances and Tranche Z Advances of one Type comprising the same Loan into Tranche X Advances and Tranche Z Advances of the other Type; provided that, --------

Conversion of Advances. The Borrower may on any Business ---------------------- Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of (S)(S)2.07 and 2.09, Convert all Tranche X Advances and Tranche Z Advances of one Type comprising the same Loan into Tranche X Advances and Tranche Z Advances of the other Type; provided that, --------