Common use of Conversion or Renewal Clause in Contracts

Conversion or Renewal. Subject to the provisions of Section 2.11(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a Borrower may convert any part of its Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Exel LTD), Term Revolving Credit Agreement (Exel LTD)

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Conversion or Renewal. Subject to the provisions of Section 2.11(bSections 2.09(c) and 2.10(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its the Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 2 contracts

Samples: Term Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)

Conversion or Renewal. Subject to the provisions of Section 2.11(b2.10(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its the Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Conversion or Renewal. Subject to the provisions of Section 2.11(b2.10(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a Borrower may convert any part of its Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Term Revolving Credit Agreement (Xl Capital LTD)

Conversion or Renewal. Subject to the provisions of Section 2.11(b2.10(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its the Revolving Credit Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Omnibus Credit Facility Agreement (Black Box Corp)

Conversion or Renewal. Subject to the provisions of Section 2.11(b2.9(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Revolving Credit Agreement (Weis Markets Inc)

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Conversion or Renewal. Subject to the provisions of Section 2.11(b2.13(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its the Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate PortionPortion of the Loans:

Appears in 1 contract

Samples: Credit Agreement (Steel Dynamics Inc)

Conversion or Renewal. Subject to the provisions of Section 2.11(b) hereof), and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Euro- Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Credit Agreement (Aasche Transportation Services Inc)

Conversion or Renewal. Subject to the provisions of Section --------------------- 2.11(b) hereof, and if no Event of Default or Potential Default shall have occurred and be continuing or shall exist, a the Borrower may convert any part of its Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the Euro-Rate Option as to any Funding Segment of the Euro-Rate Portion:

Appears in 1 contract

Samples: Credit Agreement (Korn Ferry International)

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