Conversion to LIBOR Rate. Borrower may elect to convert any Base Rate Loan at any time or from time to time to a LIBOR Loan by giving Advance Notice (which shall be irrevocable) to the Administrative Agent of such election, specifying each Interest Period therefor.
Appears in 3 contracts
Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Aventine Renewable Energy Holdings Inc)
Conversion to LIBOR Rate. Borrower The Borrowers may elect to convert any Base Rate ABR Loan at any time or from time to time to a LIBOR Loan by giving Advance Notice (which shall be irrevocable) irrevocable to the Administrative Agent of such election, specifying each Interest Period therefor.
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