Common use of Conversion to Different Type of Loan Clause in Contracts

Conversion to Different Type of Loan. The Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, Borrower shall give the Administrative Agent at least three (3) Business Days prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower shall give the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (d) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loans. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof.

Conversion to Different Type of Loan. The applicable Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Dollars to a Base Rate Loan, the applicable Borrower shall give the Administrative Agent at least three (3) Eurocurrency Business Days prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Eurocurrency Rate LoanLoan denominated in Dollars, the applicable Borrower shall give the Administrative Agent at least four three (43) Eurodollar Eurocurrency Business Days prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Alternative Currencies, the applicable Borrower shall give the Administrative Agent at least four (4) Eurocurrency Business Days (or five Eurocurrency Business Days in the case of a Special Notice Currency) prior written notice of such election; (d) with respect to any such conversion of a Eurocurrency Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (de) no Revolving Credit Loan may be converted into a Eurodollar Eurocurrency Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Eurocurrency Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, 5,000,000 or a whole multiple of $1,000,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Eurocurrency Rate Loan shall be irrevocable by the BorrowerBorrowers. Promptly upon receipt No Loan may be converted into a Loan denominated in a different currency, but instead must be prepaid in the original currency of any such notice, Loan and reborrowed in the Administrative Agent shall notify each of the Lenders thereofother currency.

Conversion to Different Type of Loan. The applicable Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Dollars to a Base Rate Loan, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least three (3) Eurocurrency Business Days prior written notice of to such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Eurocurrency Rate LoanLoan denominated in Dollars, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least four three (43) Eurodollar Eurocurrency Business Days prior written notice of to such election; (c) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Alternative Currencies, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least four (4) Eurocurrency Business Days (or five Eurocurrency Business Days in the case of a Special Notice Currency) prior to such election; (d) with respect to any such conversion of a Eurocurrency Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (de) no Revolving Credit Loan may be converted into a Eurodollar Eurocurrency Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Eurocurrency Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, 500,000 or a whole multiple of $100,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Eurocurrency Rate Loan shall be irrevocable by the BorrowerBorrowers. Promptly upon receipt No Loan may be converted into a Loan denominated in a different currency, but instead must be prepaid in the original currency of any such notice, Loan and reborrowed in the Administrative Agent shall notify each of the Lenders thereofother currency.

Conversion to Different Type of Loan. The Borrower may elect from time to time to convert any outstanding Revolving Credit Term Loan to a Revolving Credit Term Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Administrative Agent at least three (3) Business Days prior written notice of such electionelection and the proposed Interest Period (and the Administrative Agent shall promptly deliver a copy to each Lender) and, except as set forth in Section 5.4 or Section 5.5 hereof, such conversion shall only be permitted if the Administrative Agent and all of the Lenders consent in their sole discretion; (b) with respect to any such conversion of a each Base Rate Loan shall automatically convert to a Eurodollar Rate Loan at the end of the applicable Interest Period for such Base Rate Loan, unless the Borrower shall give and the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of otherwise mutually agree that such electionBase Rate Loan shall continue as a Base Rate Loan; and (c) with respect to any such proposed conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (d) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuingthereto. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, of such Revolving Credit Term Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Term Loans of any Type may be converted into a Revolving Credit Term Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) 1,000,000 in the case of conversion to Eurodollar Rate Loans. Each Conversion Request relating to the conversion of a Revolving Credit Term Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof.

Conversion to Different Type of Loan. The Each Borrower may elect from time to time to convert any of its outstanding Revolving Credit Loan Loans (excluding the Loans outstanding from time to time which constitute Overadvances) to a Revolving Credit Loan of another Type, provided PROVIDED that (ai) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the applicable Borrower shall give the Administrative Agent at least three (3) Business Days prior written notice of such election; (bii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the applicable Borrower shall give the Administrative Agent at least four three (43) Eurodollar Business Days prior written notice of such election; (ciii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and thereto; (div) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing; and (v) no Borrower may have more than two (2) Eurodollar Rate Loans outstanding at any time. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided PROVIDED that any partial conversion shall be in an aggregate principal amount of at least $500,000, 3,000,000 or a whole multiple of $1,000,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Base Rate Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofBorrowers.

Conversion to Different Type of Loan. The applicable Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate SOFR Loan to a Base Rate Loan, a Base Rate Loan to a SOFR Loan, a Term SOFR Loan to a Daily SOFR Loan, or a Daily SOFR Loan to a Term SOFR Loan, the applicable Borrower shall give the Administrative Agent written notice (including notice given via an electronic platform or electronic transmission system approved by the Administrative Agent) no later than 11:00 a.m. (Eastern time) at least three (3) Business Days prior written notice of to such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower shall give the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of such election[reserved]; (c) with respect to any such conversion of an Alternative Currency Loan, the applicable Borrower shall give the Administrative Agent written notice (including notice given via an electronic platform or electronic transmission system approved by the Administrative Agent) no later than 11:00 a.m. (Eastern time) at least four (4) Business Days (or five (5) Business Days in the case of a Eurodollar Special Notice Currency) prior to such election; (d) with respect to any such conversion of a Term SOFR Loan or an Alternative Currency Term Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (de) no Revolving Credit Loan may be converted into a Eurodollar SOFR Loan, Alternative Currency Daily Rate Loan, or an Alternative Currency Term Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided provided, that any partial conversion shall be in an aggregate principal amount of at least $500,000, 500,000 or a whole multiple of $100,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan (other than a conversion to a Eurodollar Base Rate Loan Loan) shall be irrevocable by the BorrowerBorrowers. Promptly upon receipt No Loan may be converted into a Loan denominated in a different currency, but instead must be prepaid in the original currency of any such notice, Loan and reborrowed in the Administrative Agent shall notify each of the Lenders thereofother currency.

Conversion to Different Type of Loan. The Borrower may elect from time to time to convert any outstanding Revolving Credit Term Loan to a Revolving Credit Term Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Administrative Agent at least three two (32) Business Days prior written notice of such electionelection and, except as set forth in §5.4 or §5.5 hereof, such conversion shall only be permitted if the Administrative Agent and all of the Lenders consent in their sole discretion; (b) with respect to any such conversion of a each Base Rate Loan shall automatically convert to a Eurodollar Rate Loan at the end of the applicable Interest Period for such Base Rate Loan, unless the Borrower shall give and the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of otherwise mutually agree that such electionBase Rate Loan shall continue as a Base Rate Loan; and (c) with respect to any such proposed conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (d) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuingthereto. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, of such Revolving Credit Term Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Term Loans of any Type may be converted into a Revolving Credit Term Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) 1,000,000 in the case of conversion to Eurodollar Rate Loans. Each Conversion Request relating to the conversion of a Revolving Credit Term Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof.

Conversion to Different Type of Loan. The applicable Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Dollars to a Base Rate Loan, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least three (3) Eurocurrency Business Days prior written notice of to such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Eurocurrency Rate LoanLoan denominated in Dollars, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least four three (43) Eurodollar Eurocurrency Business Days prior written notice of to such election; (c) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan denominated in Alternative Currencies, the applicable Borrower shall give the Administrative Agent written notice no later than 11:00 a.m. (Eastern time) at least four (4) Eurocurrency Business Days (or five Eurocurrency Business Days in the case of a Special Notice Currency) prior to such election; (d) with respect to any such conversion of a Eurocurrency Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (de) no Revolving Credit Loan may be converted into a Eurodollar Eurocurrency Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Eurocurrency Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loans. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof.into

Conversion to Different Type of Loan. The Borrower Borrowers may elect from time to time time, by giving the Administrative Agent written notice in the form of Exhibit 2.3.1 by 1:00 p.m. Boston time, to convert any portion of the outstanding Revolving Credit Loan Loans to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar LIBOR Rate Loan to a Base Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least three one (31) Business Days Day’s prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar LIBOR Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least four three (43) Eurodollar Business Days Days’ prior written notice of such election; (c) with respect to any such conversion of a Eurodollar LIBOR Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto unless the Borrowers pay breakage fees to the extent required pursuant to Section 6.11, and (d) no Revolving Credit Loan outstanding portion of the Loans may be converted into into, or continued as, a Eurodollar LIBOR Rate Loan when any Default or Event of Default has occurred and is continuing. Promptly upon the receipt of any such election, the Administrative Agent shall notify the Lenders thereof. On the date on which such conversion is being made made, each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit portion of the outstanding Loans to its Domestic Lending Office or its Eurodollar LIBOR Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion with respect to an outstanding portion of the Loans shall be in an aggregate principal amount of at least $500,000, 1,000,000 or whole multiples of $100,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request by the Borrowers relating to the conversion of a Revolving Credit Loan any portion of the Loans to a Eurodollar LIBOR Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofirrevocable.

Conversion to Different Type of Loan. The Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Administrative Agent at least three one (31) Business Days Day's prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Administrative Agent at least four two (42) Eurodollar Business Days Days' prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto thereto, and (d) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender Bank shall take such action action, if any, as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type (other than Swing Line Loans which shall only be Base Rate Loans) may be converted into a Revolving Credit Loan of another Type as provided herein, provided that (y) any partial conversion of any Loan to a Base Rate Loan shall be in an aggregate principal amount of at least $500,000, in the case 50,000.00 or an integral multiple thereof and (z) any partial conversion of conversion any Loan to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to a Eurodollar Rate LoansLoan shall be in an aggregate principal amount of $250,000.00 or a whole multiple of $50,000.00 in excess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt Continuation of Type of Loan. Any Loan of any such notice, the Administrative Agent shall notify each Type may be continued as a Loan of the Lenders thereof.same Type upon the expiration of an Interest Period with respect thereto by compliance by the Borrower with the notice provisions contained in Section 7.4.1; provided that no Eurodollar Rate Loan may be continued as such when any Default or Event of Default has occurred and is continuing, but shall be automatically converted to a Base Rate Loan on the last day of the first Interest Period relating thereto ending during the continuance of any Default or Event of Default of which officers of the 1dministrative Agent active upon the Borrower's account have actual knowledge. In the event that the Borrower fails to provide any such notice with respect to the continuation of any Eurodollar Rate Loan as such, then such

Conversion to Different Type of Loan. The Borrower may elect from time to time to convert any outstanding Revolving Credit Term Loan to a Revolving Credit Term Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Administrative Agent at least three (3) Business Days prior written notice of such electionelection and, except as set forth in Section 5.4 or Section 5.5 hereof, such conversion shall only be permitted if the Administrative Agent and all of the Lenders consent in their sole discretion; (b) with respect to any such conversion of a each Base Rate Loan shall automatically convert to a Eurodollar Rate Loan at the end of the applicable Interest Period for such Base Rate Loan, unless the Borrower shall give and the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of otherwise mutually agree that such electionBase Rate Loan shall continue as a Base Rate Loan; and (c) with respect to any such proposed conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (d) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuingthereto. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, of such Revolving Credit Term Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Term Loans of any Type may be converted into a Revolving Credit Term Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) 1,000,000 in the case of conversion to Eurodollar Rate Loans. Each Conversion Request relating to the conversion of a Revolving Credit Term Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof.

Conversion to Different Type of Loan. The Borrower Borrowers may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (ai) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least three Agent, no later than 2:00 p.m. (3Boston time) Business Days on the proposed date of such conversion, prior written notice of such electionelection (the Agent agreeing to notify the Lenders promptly of the giving of any such notice by the Borrowers); (bii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower the Borrowers shall give the Administrative Agent Agent, no later than 10:00 a.m. (Boston time) at least four three (43) Eurodollar Business Days prior to the proposed date of such conversion, written notice of such electionelection (the Agent agreeing to notify the Lenders promptly of the giving of any such notice by the Borrowers); (ciii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate LoanLoan of another Type, any such conversion shall only be which is made on a day other than the last day of the Interest Period with respect thereto shall obligate the Borrowers to indemnify the Lenders for any loss, cost or expense associated therewith in accordance with the provisions of Section 5.11 hereof, and (div) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan 29 -23- when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion of a Eurodollar Rate Loan to a Base Rate Loan shall be in an aggregate principal amount of at least $500,000100,000, in the case and any partial conversion of conversion to a Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion Loan to a Eurodollar Rate LoansLoan shall be in an aggregate principal amount of at least $1,000,000 or an integral multiple of $500,000 in excess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofBorrowers.

Conversion to Different Type of Loan. The Borrower Borrowers may elect from time to time time, by giving the Administrative Agent written notice in the form of Exhibit 2.3.1 by 1:00 p.m. Boston time, to convert any portion of the outstanding Revolving Credit Loan Loans (other than Swingline Loans) to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar LIBOR Rate Loan to a Base Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least three one (31) Business Days Day’s prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar LIBOR Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least four three (43) Eurodollar Business Days Days’ prior written notice of such election; (c) with respect to any such conversion of a Eurodollar LIBOR Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto unless the Borrowers pay breakage fees to the extent required pursuant to Section 6.12, and (d) no Revolving Credit Loan may be converted into into, or continued as, a Eurodollar LIBOR Rate Loan when any Default or Event of Default has occurred and is continuing. Promptly upon the receipt of any such election, the Administrative Agent shall notify the Lenders thereof. On the date on which such conversion is being made made, each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar LIBOR Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans (other than Swingline Loans) of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion with respect to Loans shall be in an aggregate principal amount of at least $500,000, 1,000,000 or whole multiples of $1,000,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request by the Borrowers relating to the conversion of a Revolving Credit Loan any portion of the Loans to a Eurodollar LIBOR Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofirrevocable.

Conversion to Different Type of Loan. The Borrower Borrowers may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (ai) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least three Agent, no later than 2:00 p.m. (3Boston time) Business Days on the proposed date of such conversion, prior written notice of such election; (bii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower the Borrowers shall give the Administrative Agent Agent, no later than 10:00 a.m. (Boston time) at least four three (43) Eurodollar Business Days prior to the proposed date of such conversion, written notice of such election; (ciii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate LoanLoan of another Type, such conversion shall only be made on the last day of the Interest Period with respect thereto and (div) no Revolving Credit Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion of a Eurodollar Rate Loan to a Base Rate Loan shall be in an aggregate principal amount of at least $500,000100,000, in the case and any partial conversion of conversion to a Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion Loan to a Eurodollar Rate LoansLoan shall be in an aggregate principal amount of at least $1,000,000 or an integral multiple of $500,000 in excess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofBorrowers.

Conversion to Different Type of Loan. The Borrower Borrowers may elect from time to time time, by giving the Administrative Agent written notice in the form of Exhibit 2.3.1 by 1:00 p.m. Boston time, to convert any portion of the outstanding Revolving Credit Loan Loans to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar LIBOR Rate Loan to a Base Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least three one (31) Business Days Day’s prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar LIBOR Rate Loan, Borrower the Borrowers shall give the Administrative Agent at least four three (43) Eurodollar Business Days Days’ prior written notice of such election; (c) with respect to any such conversion of a Eurodollar LIBOR Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto unless the Borrowers pay breakage fees to the extent required pursuant to Section 6.12, and (d) no Revolving Credit Loan may be converted into into, or continued as, a Eurodollar LIBOR Rate Loan when any Default or Event of Default has occurred and is continuing. Promptly upon the receipt of any such election, the Administrative Agent shall notify the Lenders thereof. On the date on which such conversion is being made made, each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar LIBOR Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion with respect to Loans shall be in an aggregate principal amount of at least $500,000, 1,000,000 or whole multiples of $1,000,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request by the Borrowers relating to the conversion of a Revolving Credit Loan any portion of the Loans to a Eurodollar LIBOR Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofirrevocable.

Conversion to Different Type of Loan. The applicable Borrower may elect from time to time to convert any outstanding Revolving Credit Loan to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Rate SOFR Loan to a Base Rate Loan, a Base Rate Loan to a SOFR Loan, a Term SOFR Loan to a Daily SOFR Loan, or a Daily SOFR Loan to a Term SOFR Loan, the applicable Borrower shall give the Administrative Agent written notice (including notice given via an electronic platform or electronic transmission system approved by the Administrative Agent) no later than 11:00 a.m. (Eastern time) at least three (3) Business Days prior written notice of to such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower shall give the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of such election[reserved]; (c) with respect to any such conversion of an Alternative Currency Loan, the applicable Borrower shall give the Administrative Agent written notice (including notice given via an electronic platform or electronic transmission system approved by the Administrative Agent) no later than 11:00 a.m. (Eastern time) at least four (4) Business Days (or five (5) Business Days in the case of a Eurodollar Special Notice Currency) prior to such election; (d) with respect to any such conversion of a Term SOFR Loan or an Alternative Currency Term Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (de) no Revolving Credit Loan may be converted into a Eurodollar SOFR Loan, Alternative Currency Daily Rate Loan, or an Alternative Currency Term Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on DB3/ 204224713.6 42 which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided provided, that any partial conversion shall be in an aggregate principal amount of at least $500,000, 500,000 or a whole multiple of $100,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan (other than a conversion to a Eurodollar Base Rate Loan Loan) shall be irrevocable by the BorrowerBorrowers. Promptly upon receipt No Loan may be converted into a Loan denominated in a different currency, but instead must be prepaid in the original currency of any such notice, Loan and reborrowed in the Administrative Agent shall notify each of the Lenders thereofother currency.

Conversion to Different Type of Loan. The Borrower Domestic Borrowers may elect from time to time to convert any outstanding Revolving Credit U.S. Loan to a Revolving Credit U.S. Loan of another Type, provided that (ai) with respect to any such conversion of a Eurodollar Rate U.S. Loan to a Base Rate Loan, Borrower the Domestic Borrowers shall give the Administrative Agent at least three Agent, no later than 2:00 p.m. (3Boston time) Business Days on the proposed date of such conversion, prior written notice of such electionelection (the Agent agreeing to notify the U.S. Lenders promptly of the giving of any such notice by the Domestic Borrowers); (bii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, Borrower the Domestic Borrowers shall give the Administrative Agent Agent, no later than 10:00 a.m. (Boston time) at least four three (43) Eurodollar Business Days prior to the proposed date of such conversion, written notice of such electionelection (the Agent agreeing to notify the U.S. Lenders promptly of the giving of any such notice by the Domestic Borrowers); (ciii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate LoanU.S. Loan of another Type, any such conversion shall only be which is made on a day other than the last day of the Interest Period with respect thereto shall obligate the Domestic Borrowers to indemnify the U.S. Lenders for any loss, cost or expense associated therewith in accordance with the provisions of Section 7.11 hereof, and (div) no Revolving Credit U.S. Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each U.S. Lender shall take such action as is necessary to transfer its U.S. Commitment Percentage, as the case may be, Percentage of such Revolving Credit U.S. Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Revolving Credit U.S. Loans of any Type may be converted into a Revolving Credit U.S. Loan of another Type as provided herein, provided that any partial conversion of a Eurodollar Rate Loan to a Base Rate Loan shall be in an aggregate principal amount of at least $500,000100,000, in the case and any partial conversion of conversion to a Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion Loan to a Eurodollar Rate LoansLoan shall be in an aggregate principal amount of at least $1,000,000 or an integral multiple of $500,000 in excess thereof. Each Conversion Request relating to the conversion of a Revolving Credit U.S. Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofDomestic Borrowers.

Conversion to Different Type of Loan. The applicable Borrower or, as the case may be, Borrowers may elect from time to time to convert any outstanding Revolving Credit Loan (other than a Swingline Loan) to a Revolving Credit Loan of another Type, provided that (a) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan to a Base Rate Loan, the applicable Borrower or, as the case may be, Borrowers shall give the Administrative Agent at least three (3) Business Days prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Eurocurrency Rate Loan, the applicable Borrower or, as the case may be, Borrowers shall give the Administrative Agent at least four (4) Eurodollar Business Days prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Eurocurrency Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto and (d) no Revolving Credit such Loan may be converted into a Eurodollar Eurocurrency Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made each Lender shall take such action as is necessary to transfer its Commitment Percentage, as the case may be, Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Eurocurrency Lending Office, as the case may be. All or any part of outstanding Revolving Credit Loans (other than Swingline Loans) of any Type may be converted into a Revolving Credit Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of at least $500,000, 5,000,000 or a multiple of $1,000,000 in the case of conversion to Base Rate Loans, and One Million Dollars ($1,000,000) in the case of conversion to Eurodollar Rate Loansexcess thereof. Each Conversion Request relating to the conversion of a Revolving Credit Loan (other than a Swingline Loan) to a Eurodollar Eurocurrency Rate Loan shall be irrevocable by the Borrower. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereofBorrowers.