Conversion or Renewal. Subject to the provisions of Sections 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, the Borrowers may convert any part of the Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the LIBOR Option as to any Funding Segment of the LIBOR Portion:
Appears in 2 contracts
Samples: Credit Agreement (Norstan Inc), Credit Agreement (Black Box Corp)
Conversion or Renewal. Subject to the provisions of Sections 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, the Borrowers Borrower may convert any part of the Loans from any interest rate Option or Options to one or more different interest rate Options and may renew the LIBOR Option as to any Funding Segment of the LIBOR Portion:
Appears in 2 contracts
Samples: Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)
Conversion or Renewal. Subject to the provisions of Sections 2.09(c) 3.1(d), 3.3 and 2.10(b3.4(f) hereof, and if no Event of Default or Potential Default shall have occurred exists and be continuing or shall existis continuing, the Borrowers may convert any part of the Loans its Term Loan from any interest rate Option or Options to one or more different interest rate Options and may renew the LIBOR Option as to any Funding Segment of the LIBOR Portion:
Appears in 1 contract
