Common use of Conversion to Term Loan Clause in Contracts

Conversion to Term Loan. From and after the Closing Date up until and including the Commitment Termination Date, at the Borrower's option upon written notice (a "NOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "CONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under Section 2.2.1 above and to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans or Loans shall include such Loans as converted hereunder.

Conversion to Term Loan. From and after the Closing Date consummation of the Debt -------------------------- Assumption up until and including the Commitment Termination Date, at the Borrower's option upon written notice (a "NOTICE TO CONVERTNotice to Convert") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "CONVERSION DATEConversion Date") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.2 5.2 have ----------- been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under Section 2.2.1 clause (a) above ---------- and to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Revolving Loan Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans or Loans shall include such Loans as converted hereunder.

Conversion to Term Loan. From and after the Closing Date up Up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "NOTICE TO CONVERTNotice to Convert") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "CONVERSION DATEConversion Date") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.2 5.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Syndicated Loan Termination Date under Section 2.2.1 above and to borrow and ------------- reborrow Revolving Syndicated Loans hereunder, hereunder shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans or Syndicated Loans shall include such Loans loans as converted hereunder.

Conversion to Term Loan. From and after the Closing Date consummation of the Debt -------------------------- Assumption up until and including the Commitment Termination Date, at the Borrower's option upon written notice (a "NOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "CONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 4.2 5.2 have ----------- been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under Section 2.2.1 clause (a) above ---------- and to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Revolving Loan Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans or Loans shall include such Loans as converted hereunder.. 2.3

Conversion to Term Loan. From and after the Closing Date up until and including the Commitment Termination Date, at the Borrower's option upon written notice (a "NOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances Syndicated Loans hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "CONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section SECTION 4.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under Section 2.2.1 SECTION 2.1.2 above and to borrow and reborrow Revolving Syndicated Loans hereunder, and Bid Rate Loans shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans, Syndicated Loans or Loans or Syndicated Advances shall include such Loans or Advances as converted hereunder.