Common use of Conversions and Continuations of Loans Clause in Contracts

Conversions and Continuations of Loans. (1) Each conversion of Loans from one Type to the other, and each continuation of Eurodollar RateSOFR Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by (A) telephone, or (B) a Loan Notice; provided that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice must be received by the Administrative Agent not later than 11:00 a.m. three

Conversions and Continuations of Loans. (1) Each Revolving Borrowing, each conversion of Revolving Loans from one Type to the other, and each continuation of Eurodollar RateSOFR Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by (A) telephone, or (B) a Loan Notice; provided that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice notice must be received by the Administrative Agent not later than 11:00 a.m. threea.m.

Conversions and Continuations of Loans. (1) Each Borrowing, each conversion of Loans from one Type to the other, and each continuation of Eurodollar RateSOFR Rate Loans shall be made upon the Borrower’s 's irrevocable notice to the Administrative Agent, which may be given by (A) telephone, or (B) a Loan Notice; provided that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice notice must be received by the Administrative Agent not later than 11:00 a.m. threea.m.