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 Section 2.03(a) hereof, the Lenders shall convert Base Rate Loans to Eurodollar Loans at any time and shall convert Eurodollar Loans to Base Rate Loans on any Interest Adjustment Date. No Alternate Currency Loan may be converted to a Base Rate Loan or a Eurodollar Loan.

Appears in 4 contracts

Samples: Credit Agreement (Steris Corp), Credit Agreement (Steris Corp), Credit Agreement (Steris Corp)

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Conversion of Loans. At the request of Borrower to Agent, subject to the notice and other provisions of this Section 2.03(a) hereof2.5, the Lenders shall convert a Base Rate Loans Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loans Loan to a Base Rate Loans Loan on any Interest Adjustment DateDate applicable thereto. No Alternate Currency Loan may be converted to a Base Rate Loan or Eurodollar Loan and no Base Rate Loan or Eurodollar Loan may be converted to an Alternate Currency Loan. No Competitive Bid Loan may be converted to a Eurodollar Revolving Loan.

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

Conversion of Loans. At the request of Borrower to Agent, subject to the notice and other provisions of this Section 2.03(a) hereof2.5, the Lenders shall convert a Base Rate Loans Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loans to Base Rate Loans on any Interest Adjustment Date. No Alternate Currency Loan may be converted to a Base Rate Loan or a Eurodollar Loanon any Interest Adjustment Date applicable thereto.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Bea 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 2.03(a) hereof2.7, the Lenders shall convert a Base Rate Loans Loan to one or more Eurodollar Loans at any time and shall convert a Eurodollar Loans Loan to a Base Rate Loans Loan on any Interest Adjustment DateDate applicable thereto. No Alternate Currency Loan may be converted to a Base Rate Loan or a Eurodollar Loan and no Base Rate Loan or Eurodollar Loan may be converted to an Alternate Currency Loan.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)

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