Common use of Conversion of Loans Clause in Contracts

Conversion of Loans. At the request of Borrower to Agent, subject to the notice and other provisions of this Section 2.5, the Lenders shall convert a Base Rate Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loan to a Base Rate Loan on any Interest Adjustment Date applicable thereto. Swing Loans may be converted by the Swing Line Lender to Revolving Loans in accordance with Section 2.2(c)(ii) hereof.

Appears in 6 contracts

Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp), Credit Agreement (Teletech Holdings Inc)

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Conversion of Loans. At the request of Borrower to Agent, subject to the notice and other provisions of this Section 2.52.6, the appropriate Lenders shall convert a Base Rate Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loan to a Base Rate Loan on any Interest Adjustment Date applicable thereto. Swing Loans may be converted by the Swing Line Lender to Revolving Loans in accordance with Section 2.2(c)(ii) hereof.

Appears in 4 contracts

Samples: Credit and Security Agreement (Epiq Systems Inc), Credit and Security Agreement (Jupitermedia Corp), Credit and Security Agreement (Epiq Systems Inc)

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Conversion of Loans. At the request of Borrower to Agent, subject to the notice and other provisions of this Section 2.52.9, the appropriate Lenders shall convert a Base Rate Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loan to a Base Rate Loan on any Interest Adjustment Date applicable thereto. Swing Loans may be converted by the Swing Line Lender to Revolving Loans in accordance with Section 2.2(c)(ii2.4(b) hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Shiloh Industries Inc)

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