Common use of Conversion of Revolving Loans Clause in Contracts

Conversion of Revolving Loans. Subject to Section 2.13, the Borrower may convert any Revolving Loan Borrowing from one Type of Revolving Loan Borrowing to the other Type; provided, however, that no Base Rate Loan may be converted into a LIBOR Loan during the continuance of an Event of Default. The Borrower shall request such a conversion by an irrevocable written notice to the Administrative Agent in the form of Exhibit B, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan Conversion"), which specifies, among other things:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Wild Oats Markets Inc)

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Conversion of Revolving Loans. Subject to Section 2.132.14, the Borrower Borrowers may convert any Revolving Loan Borrowing from one Type of Revolving Loan Borrowing to the other Type; provided, however, that no Base Rate Loan may be converted into a LIBOR Loan after the occurrence and during the continuance of an Event of Default. The Borrower Borrowers shall request such a conversion by an irrevocable written notice to the Administrative Agent in the form of Exhibit B, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "β€œNotice of Revolving Loan Conversion"”), which specifies, among other things:

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

Conversion of Revolving Loans. Subject to Section 2.13, the Borrower may convert any Revolving Loan Borrowing from one Type of Revolving Loan Borrowing to the other Type; provided, however, that no any conversion of a Revolving Loan Borrowing consisting of LIBOR Loans into a Revolving Loan Borrowing consisting of Base Rate Loan may Loans shall be converted into a LIBOR Loan during made on, and only on, the continuance last day of an Event of DefaultInterest Period for such LIBOR Loans. The Borrower shall request such a conversion by an irrevocable written notice to the Administrative Agent in the form of Exhibit BB-1, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan Conversion"), which specifies, among other things:

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

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Conversion of Revolving Loans. Subject to Section 2.13SECTION 2.14, the Borrower Borrowers may convert any Revolving Loan Borrowing from one Type of Revolving Loan Borrowing to the other Type; providedPROVIDED, howeverHOWEVER, that no Base Rate Loan may be converted into a LIBOR Loan after the occurrence and during the continuance of an Event of Default. The Borrower Borrowers shall request such a conversion by an irrevocable written notice to the Administrative Agent in 38 the form of Exhibit EXHIBIT B, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan ConversionNOTICE OF REVOLVING LOAN CONVERSION"), which specifies, among other things:

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

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