Common use of Conversion Options, Minimum Tranches and Maximum Interest Periods Clause in Contracts

Conversion Options, Minimum Tranches and Maximum Interest Periods. (a) The Company may elect from time to time to convert outstanding Loans from Eurodollar Loans to Alternate Base Rate Loans by giving the Administrative Agent at least one Business Day’s prior irrevocable notice of such election. The Company may elect from time to time and at any time to convert outstanding Loans from Alternate Base Rate Loans to Eurodollar Loans by giving the Administrative Agent at least three Working Days’ irrevocable notice of such election; provided, however, that no Loan may be converted into a Eurodollar Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Required Lenders, so elect by notice to the Company. Upon receipt of such notice, the Administrative Agent shall promptly notify each affected Lender thereof. On the date on which such conversion is being made, each such affected Lender shall take such action as is necessary to effect such conversion. All or any part of the outstanding Loans may be converted as provided herein. Each such notice by the Company shall be in substantially the form of Exhibit I (a “Notice of Conversion or Continuation”).

Conversion Options, Minimum Tranches and Maximum Interest Periods. (a) The Company may elect from time to time to convert outstanding Loans from Eurodollar Loans to Alternate Base Rate Loans by giving the Administrative Agent at least one Business Day’s prior irrevocable notice of such election. The Company may elect from time to time and at any time to convert outstanding Loans from Alternate Base Rate Loans to Eurodollar Loans by giving the Administrative Agent at least three Working Days’ irrevocable notice of such election; provided, however, that no Loan may be converted into a Eurodollar Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Required Lenders, so elect by notice to the Company. Upon receipt of such notice, the Administrative Agent shall promptly notify each affected Lender thereof. On the date on which such conversion is being made, each such affected Lender shall take such action as is necessary to effect such conversion. All or any part of the outstanding Loans may be converted as provided herein. Each such notice by the Company shall be in substantially the form of Exhibit I (a “Notice of Conversion or Continuation”).,

Conversion Options, Minimum Tranches and Maximum Interest Periods. (a) The Company may elect from time to time to convert outstanding Loans from Eurodollar Loans to Alternate Base Rate Loans by giving the Administrative Agent at least one Business Day’s 's prior irrevocable notice of such election. The Company may elect from time to time and at any time to convert outstanding Loans from Alternate Base Rate Loans to Eurodollar Loans by giving the Administrative Agent at least three Working Days’ ' irrevocable notice of such election; provided, however, provided that no Loan Loans may be converted into a to Eurodollar Loan Loans (i) when any Default or Event of Default has occurred and is continuing and the Administrative Agent has or the Required Lenders, so elect by notice Lenders have determined that such a conversion is not appropriate or (ii) after the date that is one month prior to the CompanyTermination Date. Upon receipt of such notice, the Administrative Agent shall promptly notify each affected Lender thereofLender. On the date on which such conversion is being made, each such affected Lender shall take such action as is necessary to effect such conversion. All or any part of the outstanding Eurodollar Loans or Alternate Base Rate Loans may be converted as provided herein. Each such notice by the Company shall be in substantially the form of Exhibit I (a “Notice of Conversion or Continuation”).

Conversion Options, Minimum Tranches and Maximum Interest Periods. (a) The Company may elect from time to time to convert outstanding Loans from Eurodollar Loans to Alternate Base Rate Loans by giving the Administrative Agent at least one (1) Business Day’s prior irrevocable notice of such election. The Company may elect from time to time and at any time to convert outstanding Loans from Alternate Base Rate Loans to Eurodollar Loans by giving the Administrative Agent at least three (3) Working Days’ irrevocable notice of such election; provided, however, that no Loan may be converted into a Eurodollar Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Required Lenders, so elect by notice to the Company. Upon receipt of such notice, the Administrative Agent shall promptly notify each affected Lender thereof. On the date on which such conversion is being made, each such affected Lender shall take such action as is necessary to effect such conversion. All or any part of the outstanding Loans may be converted as provided herein. Each such notice by the Company shall be in substantially the form of Exhibit I (a “Notice of Conversion or Continuation”).

Conversion Options, Minimum Tranches and Maximum Interest Periods. (a) The Company may elect from time to time to convert outstanding Loans from Eurodollar Loans to Alternate Base Rate Loans by giving the Administrative Agent at least one Business Day’s 's prior irrevocable notice of such election. The Company may elect from time to time and at any time to convert outstanding Loans from Alternate Base Rate Loans to Eurodollar Loans by giving the Administrative Agent at least three Working Days’ ' irrevocable notice of such election; provided, however, provided that no Loan Loans may be converted into a to Eurodollar Loan Loans when any Default or Event of Default has occurred and is continuing and the Administrative Agent has or the Required Lenders, so elect by notice to the CompanyLenders have determined that such a conversion is not appropriate. Upon receipt of such notice, the Administrative Agent shall promptly notify each affected Lender thereofLender. On the date on which such conversion is being made, each such affected Lender shall take such action as is necessary to effect such conversion. All or any part of the outstanding Eurodollar Loans or Alternate Base Rate Loans may be converted as provided herein. Each such notice by the Company shall be in substantially the form of Exhibit I (a “Notice of Conversion or Continuation”).