Common use of Conversions Clause in Contracts

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Event of Default has occurred and is continuing on the date of such conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 5,000,000 (and, if in excess thereof, an integral multiple of $500,0001,000,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility owing by the Borrower into a Borrowing or Borrowings of the other Type of Loan under such FacilityType; provided PROVIDED that (i) except as otherwise provided in Section 1.11(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, and no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,0005,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 1.07 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata PRO RATA among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loansconversion.

Conversions. The Borrower shall have the option to convert convert, on any Business DayDay occurring on or after the Effective Date, all or a portion equal to at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the such Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loan, provided that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 shall be limited result in a greater number as provided in of Borrowings than is permitted under Section 1.02 and (iv) each such conversion shall Swingline Loans may not be made pro rata among the Loans of each Bank of the Type being convertedconverted pursuant to this Section 1.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Borrowing(s) pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank Lender prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 5,000,000 (and, if in excess thereof, an integral multiple of $500,0001,000,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such FacilityLoan; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,0005,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto, and (ivv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon 11:00 A.M. (New York time), at least three Business Days' ’ (or one Business Day's ’s in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "“Notice of Conversion"”) specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 5,000,000 (and, if in excess thereof, an integral multiple of $500,0001,000,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such FacilityLoan; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,0005,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto, and (ivv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon 11:00 A.M. (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert convert, on any Business DayDay occurring on or after the earlier of (i) the 90th day after the Initial Borrowing Date and (ii) the Syndication Date, all or a portion equal to at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Minimum Borrowing Amount of the outstanding principal amount of Loans (other than Swingline Loans which may not be converted pursuant to this Section 1.06) made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings (of the other same Tranche) of another Type of Loan under such Facility; Loan, provided that that, (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000the Minimum Borrowing Amount applicable thereto, (ii) unless the Required Lenders otherwise agree, Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iii) no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this than is permitted under Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans1.

Conversions. The Parent Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the its Term Loans of one Type pursuant to a Facility Type, into a Borrowing or Borrowings of the other Type of Loan under such FacilityTerm Loans; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only not be converted into Eurodollar Loans if no any Default or Event of Default has occurred and is continuing in existence on the date of the conversion if the Administrative Agent or the Required Lenders have previously advised the Parent Borrower that conversions will not be permitted while such conversionDefault or Event of Default, as the case may be, remains in existence, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto, and (ivv) each such conversion shall be made pro rata among the Term Loans of each Bank Lender of the Type being converted. Each such conversion shall be effected by the Parent Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon 11:00 A.M. (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Term Loans to be so converted, the Type of Term Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank Lender prompt notice of any such proposed conversion affecting any of its Term Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, the applicable Minimum Borrowing Amount for such Tranche applicable thereto; (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, ; (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 shall be limited result in a greater number as provided in of Borrowings than is permitted under Section 1.02 and 1.02; and (iv) each such conversion shall prior to the Syndication Termination Date, no Loan may be made pro rata among the Loans of each Bank of the Type being convertedconverted into Eurodollar Loans. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying which notice shall be in the form of Xxxxxxx X- 0, appropriately completed to specify the Loans to be so converted, the Type of Borrowing(s) pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert convert, on any Business DayDay occurring after the Initial Borrowing Date, all or a portion equal to at least equal to $1,000,000 (and, if greater, in excess thereof, an integral multiple of $500,000) ), of the Outstanding Amount outstanding principal amount of the Revolving Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loan, provided that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Revolving Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in than is permitted under Section 1.02 and (iv) each such conversion shall Swingline Loans may not be made pro rata among the Loans of each Bank of the Type being convertedconverted pursuant to this Section 1.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 1:00 P.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Revolving Loans to be so converted, the Type of Borrowing or Borrowings pursuant to which such Revolving Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Revolving Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto and (ivv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business DayDay occurring after the Syndication Date, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided PROVIDED that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto and (ivv) each such conversion shall be made pro rata PRO RATA among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert convert, on any Business Day, all or a portion equal to at least equal to $1,000,000 10,000,000 (and, if greater, in excess thereof, an integral multiple multiples of $500,0005,000,000) of the Outstanding Amount outstanding principal amount of the Revolving Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Revolving Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Revolving Loan, provided that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Revolving Loans being converted and no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,00010,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in than is permitted under Section 1.02 and (iv) each such prior to March 1, 2000, only one conversion shall of Base Rate Loans into Eurodollar Loans may be made pro rata among made, provided however, in the event the Borrower has already incurred a Borrowing of Eurodollar Loans of each Bank under clause (y) of the Type being convertedproviso to Section 1.01, then no conversions of Base Rate Loans into Eurodollar Loans under this Section 1.06(iv) may be effected. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "Notice of Conversion") specifying the Revolving Loans to be so converted, the Type of Borrowing or Borrowings pursuant to which such Revolving Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Revolving Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a any portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) or more of the Outstanding Amount outstanding principal amount of the Loans made pursuant to one or more Borrowings by the Borrower of one Type pursuant to a Facility or more Types of Loan into a Borrowing or Borrowings of the other another Type of Loan under such Facility; (each, a "Conversion"), provided that (i) except as otherwise provided in Section 2.11(b), Eurodollar Rate Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Eurodollar Rate Loans being converted, (ii) no partial conversion of a Borrowing of Eurodollar Rate Loans shall reduce the outstanding principal amount of the Eurodollar Rate Loans made pursuant to such a single Borrowing to less than $1,000,000, (iiiii) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Event of Default has occurred and is continuing in existence on the date of such conversionthe Conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion no Conversion pursuant to this Section 2.07 shall be made pro rata among the Loans result in a greater number of each Bank of the Type being convertedBorrowings than is permitted under Section 2.02. Each such conversion Conversion shall be effected by the Borrower by Borrower, giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three (3) Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are any Loan is to be converted into a Borrowing of Eurodollar LoansRate Loan, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion Conversion affecting any of its Loans. Upon any such Conversion the proceeds thereof will be applied directly on the day of such Conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. The Each Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding applicable Minimum Borrowing Amount of the its Revolving Loans of one Type pursuant to or Term Loans denominated in a Facility single Approved Currency and constituting Base Rate Loans or Eurodollar Loans into a Borrowing or Borrowings of Revolving Loans or Term Loans as the other Type of Loan under case may be, denominated in such Facility; Approved Currency and constituting Eurodollar Loans or Base Rate Loans, respectively, provided that (i) Eurodollar Loans denominated in a currency other than Dollars may not be converted into Base Rate Loans, (ii) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans made pursuant to such a Borrowing to less than $1,000,000the Minimum Borrowing Amount applicable thereto, (iiiii) Base Rate Loans may only not be converted into Eurodollar Loans if no when a Default or Event of Default has occurred is then in existence if the Administrative Agent or the Required Lenders shall have determined in its or their sole discretion not to permit such conversion and is continuing on the date of such conversion, (iiiiv) Borrowings of Eurodollar Loans resulting from this Section 1.06 1.07 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.02. Each such conversion shall be effected by the respective Borrower by giving the Administrative Agent at its the Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' ’ (or one Business Day's Day in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "“Notice of Conversion"”) specifying the Revolving Loans or Term Loans to be so converted, the Type of Loans (as to interest option) to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Each Borrower shall have the option to convert on any Business Day, Day all or a portion equal to at least equal to $1,000,000 2,000,000 (and, if greater, in excess thereof, an integral multiple of $500,000) ), of the Outstanding Amount outstanding principal amount of the Revolving Loans made to such Borrower pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; provided Loan, PROVIDED that (i) except as otherwise provided in Section 1.11(b), Eurocurrency Loans denominated in Dollars may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto and no such partial conversion of a Borrowing of Eurodollar Eurocurrency Loans shall reduce the outstanding principal amount of the Eurodollar Eurocurrency Loans made pursuant to such any single Borrowing to less than $1,000,0002,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Eurocurrency Loans denominated in Dollars if no Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 1.07 shall result in a greater number of Borrowings than is permitted under Section 1.01(e). Neither Swingline Loans nor Loans denominated in a currency other than Dollars may be limited in number as provided in converted pursuant to this Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.07. Each such conversion shall be effected by the such Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion conversions into Base Rate Loans) prior written notice (or telephonic telephone notice promptly confirmed in writing) (each a "Notice of ConversionNOTICE OF CONVERSION") specifying the Loans to be so converted, the Type Borrowing(s) pursuant to which such Loans were made, the date of Loans such conversion (which shall be a Business Day) and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Eurocurrency Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Except as provided in Section 1.3(b), Borrower shall have the option to convert convert, on any Business DayDay occurring after the Effective Date, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount of the Loans Term Loan Portions of one Type pursuant equal to a Facility at least the applicable Minimum Borrowing Amount into a Borrowing or Borrowings Term Loan Portion of the other Type of Loan under such Facility; another Type, provided that (i) except as otherwise provided in Section 1.10(b), a Eurodollar Portion may be converted into a Base Rate Portion only on the last day of an Interest Period applicable to the Eurodollar Portion being converted and no such partial conversion of a Borrowing of Eurodollar Loans Portion shall reduce the outstanding principal amount of the all Eurodollar Loans pursuant to such Borrowing Portions to less than $1,000,000the Minimum Borrowing Amount, (ii) Base Rate Loans Portions may only be converted into Eurodollar Loans Portions if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 1.6 shall be limited result in number as provided in Section 1.02 and more than six (iv6) each such conversion shall be made pro rata among the Loans of each Bank of the Type being convertedEurodollar Portions outstanding at any time. Each such conversion shall be effected by the an Authorized Representative of Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three (3) Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans Term Loan Portions to be so converted, the Type of Loans and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar LoansPortions, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its LoansTerm Loan Portions.

Conversions. The Borrower shall have the option to convert convert, on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Minimum Borrowing Amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided that out- (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, the Minimum Borrowing Amount applicable thereto; (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, ; (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 shall be limited result in a greater number as provided in of Borrowings than is permitted under Section 1.02 and 1.02; and (iv) each such conversion shall prior to the Syndication Termination Date, no Loan may be made pro rata among the Loans of each Bank of the Type being convertedconverted into Eurodollar Loans. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "Notice of Conversion") specifying ), which notice shall be in the form of Exhibit A-2, appropriately completed to specify the Loans to be so converted, the Type of Borrowing(s) pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business DayDay occurring after the Syndication Date, all or a portion at least equal to $1,000,000 5,000,000 (and, if in excess thereof, an integral multiple of $500,0001,000,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such FacilityLoan; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,0005,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto and (ivv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower Company shall have the option to convert pro ----------- rata on any Business Day, Day all or a portion equal to at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) 15,000,000 of the Outstanding Amount outstanding principal amount of the Syndicated Loans of one Type made pursuant to a Facility into a single Borrowing or Borrowings of the other from one Type of Loan under such Facility; Syndicated Loans into another Type, provided that (i) except as otherwise provided in Section 1.11(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,00015,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred is then in existence and is continuing on the date of such conversion, (iii) no conversion pursuant to this Section 1.09 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this than is permitted under Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.02. Each such conversion shall be effected by the Borrower by Company giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' prior telephonic (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) notice (each a "Notice of Conversion") no later than 11:00 A.M. (New York time) specifying the Syndicated Loans to be so converted, the Type of Loans and if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the initial Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt written or telephonic notice of any such proposed conversion affecting of Syndicated Loans. Upon any such conversion, the proceeds thereof will be applied directly on the date of its Loanssuch conversion to repay the outstanding principal amount of the Syndicated Loans being converted.

Conversions. The Borrower shall have the option to convert from time to time, on any Business DayDay occurring after the Restatement Effective Date, all or a portion equal to at least equal to (x) in the case of a conversion of Term Loans, $5,000,000 and (y) in the case of a conversion of Revolving Loans, $2,000,000 (or $1,000,000 (and, if in excess thereofthe case of a conversion into Base Rate Loans), an integral multiple of $500,000the outstanding principal amount of Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of the Outstanding Amount one or more Types of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings (of the other same Tranche) of another Type of Loan under such Facility; Loan, provided that (i) if for any reason whatsoever any Eurodollar Loans are converted into Base Rate Loans on a day which is not the last day of an Interest Period applicable to the Loans being converted, the Borrower shall pay all amounts owing in connection therewith as required by Section 1.11, (ii) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less -7- 15 than (x) in the case of Term Loans, $1,000,0005,000,000 and (y) in the case of Revolving Loans, $2,000,000, (iiiii) unless the Required Banks otherwise specifically agree in writing, Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iiiiv) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 shall be limited result in a greater number as provided in of Eurodollar Borrowings than is permitted under Section 1.02 and (ivv) each such conversion shall Swingline Loans may not be made pro rata among the Loans of each Bank of the Type being convertedconverted pursuant to this Section 1.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York Chicago time), ) at least three Business Days' (or one Business Day's x) in the case of a conversion into to Eurodollar Loans, three Business Days' prior notice and (y) in the case of a conversion to Base Rate Loans) , one Business Day's prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Borrowing(s) pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Each Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the Loans made to it or its Designee pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loan into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loan, provided that (i) except as otherwise provided in Section 2.10(b), Eurodollar Rate Loans may be converted into Loans of another Type only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Rate Loans shall reduce the outstanding principal amount of the Eurodollar Rate Loans made pursuant to such a single Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 2.06 shall be limited result in a greater number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being convertedBorrowings than is permitted under Section 2.01. Each such conversion shall be effected by the relevant Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so convertedconverted and, the Type of Loans if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Rate Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to not less than $1,000,000 25,000,000 (and, if $10,000,000 in excess thereof, an integral multiple the case of $500,000a conversion into Base Rate Loans) of the Outstanding Amount of the Loans outstanding principal amount of one Type of Loan (other than (i) Swingline Loans and (ii) Competitive Bid Loans) made pursuant to a Facility one or more Borrowings into a Borrowing or Borrowings of the other Type of Loan under such FacilityLoan; provided that that, (i) except as otherwise provided in Section 1.11(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans made pursuant to such any single Borrowing to less than $1,000,00025,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 1.07 shall be limited result in a greater number as provided in of Borrowings than is permitted under Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.01(e). Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York time), ) at least three Business Days' (in the case of conversions into Eurodollar Loans, or one Business Day's in the case of a conversion conversions into Base Rate Loans) , prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so convertedconverted and, the Type of Loans if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Each Borrower shall have the option to convert on any Business Day, Day all or a portion equal to at least equal to $1,000,000 2,000,000 (and, if greater, in excess thereof, an integral multiple of $500,000) ), of the Outstanding Amount outstanding principal amount of the Revolving Loans denominated in Dollars made to such Borrower pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loans, provided that (i) except as otherwise provided in Section 1.10(b), Eurocurrency Loans denominated in Dollars may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto and no such partial conversion of a Borrowing of Eurodollar Eurocurrency Loans shall reduce the outstanding principal amount of the Eurodollar Eurocurrency Loans made pursuant to such any single Borrowing to less than $1,000,0002,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Eurocurrency Loans denominated in Dollars if no Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings than is permitted under Section 1.01(c). No Loans denominated in a currency other than Dollars may be limited in number as provided in converted pursuant to this Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.06. Each such conversion shall be effected by the such Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion conversions into Base Rate Loans) prior written notice (or telephonic telephone notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type Borrowing(s) pursuant to which such Loans were made, the date of Loans such conversion (which shall be a Business Day) and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Eurocurrency Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower Subject to the conditions and limitations set forth in this Agreement, the Company shall have the option right from time to time to convert on any Business Day, all or part of one Type of Loan into another Type of Loan or to continue all or a portion at least equal part of any Loan that is a Eurodollar Loan from one Interest Period to $1,000,000 another Interest Period by giving the Administrative Agent written notice (andby means of a Notice of Committed Borrowing) (i) in the case of Eurodollar Loans, if not later than 11:00 a.m., New York City time, three Business Days before the date specified for such proposed conversion or continuation (unless a shorter period shall be agreed to by the Administrative Agent and all Banks solely with respect to the initial conversion on or after the Effective Date to the extent that the Committed Borrowing on the Effective Date is made based on the Alternate Base Rate), and (ii) in excess thereofthe case of Alternate Base Loans, an integral multiple of $500,000not later than 11:00 a.m., New York City time, on the Business Day which is the date specified for such proposed conversion or continuation. Such notice shall specify (A) the proposed date for conversion or continuation, (B) the amount of the Outstanding Amount Loan to be converted or continued, (C) in the case of conversions, the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facilityto be converted into, and (D) in the case of a continuation of or conversion into a Eurodollar Loan, the duration of the Interest Period applicable thereto; provided that (i1) no partial conversion of a Borrowing of Eurodollar Loans shall reduce may be converted only on the outstanding principal amount last day of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000applicable Interest Period, (ii2) except for conversions to Alternate Base Rate Loans may only Loans, no conversion shall be converted into Eurodollar Loans if no made while an Event of Default has occurred and is continuing on the date and no continuations of such conversion, (iii) Borrowings of any Eurodollar Loans resulting Loan from this Section 1.06 one Interest Period to another Interest Period shall be limited in number as provided in Section 1.02 made while an Event of Default has occurred and is continuing, unless such conversion or continuation has been approved by Majority Banks, and (iv3) each such conversion or continuation shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion in an amount not less than $10,000,000 and shall be effected by an integral multiple of $1,000,000. All notices given under this Section shall be irrevocable. If the Borrower by giving Company shall fail to give the Administrative Agent at its Notice Office, the notice as specified above for continuation or conversion of a Eurodollar Loan prior to 12:00 Noon (New York time)the end of the Interest Period with respect thereto, at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to such Eurodollar Loan shall automatically be converted into and, if such Loans are to be converted into a Borrowing an Alternate Base Loan on the last day of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any for such proposed conversion affecting any of its LoansEurodollar Loan.

Conversions. The Borrower shall have the option to convert convert, on any Business Day, all or a portion equal to at least equal to $1,000,000 10,000,000 (and, if greater, in excess thereof, an integral multiple multiples of $500,0005,000,000) of the Outstanding Amount outstanding principal amount of the Revolving Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Revolving Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; provided Revolving Loan, PROVIDED that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Revolving Loans being converted and no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,00010,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in than is permitted under Section 1.02 and (iv) each such conversion shall prior to June 1, 1998, no Revolving Loan may be made pro rata among the Loans of each Bank of the Type being convertedconverted into Eurodollar Loans. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "Notice of Conversion") specifying the Revolving Loans to be so converted, the Type of Borrowing or Borrowings pursuant to which such Revolving Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Revolving Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $1,000,000 5,000,000 (and, if in excess thereof, an integral multiple of $500,0001,000,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility owing by the Borrower into a Borrowing or Borrowings of the other Type of Loan under such FacilityType; provided that (i) except as otherwise provided in Section 1.11(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, and no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,0005,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 1.07 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loansconversion.

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount of the Loans of one Type pursuant to a the Facility into a Borrowing or Borrowings of the other Type of Loan under such the Facility; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Event of Default has occurred and is continuing on the date of such conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' ’ (or one Business Day's ’s in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "“Notice of Conversion"”) specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert convert, on any Business DayDay occurring after the Effective Date, all or a portion equal to at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Minimum Borrowing Amount of the outstanding principal amount of Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loans into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loan, provided that that, (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, the Minimum Borrowing Amount applicable thereto and (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York Eastern time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Borrowing or Borrowings pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. The Borrower shall have the option to convert on ----------- any Business Day, Day all or a portion equal to at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Minimum Borrowing Amount of the outstanding principal amount of Revolving Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; another Type, provided that that: (i) no partial -------- conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans made pursuant to such a single Borrowing to less than $1,000,000, the Minimum Borrowing Amount; (ii) Base Reference Rate Loans may only be converted into Eurodollar Loans if no Event of Default has occurred and is continuing in existence on the date of such the conversion, ; and (iii) Borrowings of Eurodollar Loans resulting from conversions pursuant to this Section 1.06 1.07 shall be limited in number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being converted1.02. Each such conversion shall be effected by the Borrower by giving the Administrative Agent Payments Administrator at its Notice Office, the Payments Administrator's Office prior to 12:00 Noon 11:00 A.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Reference Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each each, a "Notice of Conversion") specifying the Revolving Loans to be so converted, the Type of Revolving Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent Payments Administrator shall give each Bank prompt notice as promptly as practicable of any such proposed conversion affecting any of its Revolving Loans.

Conversions. The Borrower shall have the option to convert on any Business Day, Day all or a portion at least equal to $5,000,000 and integral multiples of $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) thereof of the Outstanding Amount outstanding principal amount of the Loans made pursuant to one or more Borrowings of one Type pursuant to a Facility or more Types of Loan into a Borrowing or Borrowings of the other another Type of Loan under such Facility; Loan, provided that (ia) except as otherwise provided in Section 2.10(b), Eurodollar Rate Loans may be converted into Base Rate Loans only on the last day of the Interest Period applicable to the Eurodollar Rate Loans being converted and no such partial conversion of a Borrowing of Eurodollar Rate Loans shall reduce the outstanding principal amount of the Eurodollar Rate Loans made pursuant to such a single Borrowing to less than $1,000,0005,000,000, (iib) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such conversion, the conversion and (iiic) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.06 2.6 shall be limited result in a greater number as provided in Section 1.02 and (iv) each such conversion shall be made pro rata among the Loans of each Bank of the Type being convertedBorrowings than is permitted under Section 2.1. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so convertedconverted and, the Type of Loans if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Rate Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. The Borrower shall have the option to convert convert, on any Business DayDay occurring on or after the Restatement Date, all or a portion equal to at least equal to (x) in the case of a conversion of Term Loans, $1,000,000 500,000 (and, if greater, in excess thereof, an integral multiple of $500,000100,000) and (y) in the case of a conversion of Revolving Loans,$200,000 (and, if greater, in an integral multiple of $50,000), of the outstanding principal amount of Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of the Outstanding Amount one or more Types of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings (of the other same Tranche) of another Type of Loan under such Facility; Loan, provided that (iA) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the such Eurodollar Loans made pursuant to such a single Borrowing to less than (x) in the case of Term Loans, $1,000,000500,000 and (y) in the case of Revolving Loans, $200,000, (iiB) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iiiC) no conversion pursuant to this Section 1.06 shall result in a greater number of Borrowings of Eurodollar Loans resulting from this than is permitted under Section 1.06 shall 1.02, (D) during the Syndication Period, no Loans may be limited in number as provided in Section 1.02 converted into Eurodollar Loans with an Interest Period greater than one month, and (ivE) each from the date on which the Agent gives notice to the Borrower of a proposed syndication (which notice may only be delivered during the Syndication Period) until the earlier of (1) the 60th day after the giving of such conversion shall notice and (2) the Syndication Date, no Loans may be made pro rata among the Loans of each Bank of the Type being convertedconverted into or continued as Eurodollar Loans. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, Office prior to 12:00 Noon 1:00 P.M. (New York time), ) at least three Business Days' (or one Business Day's in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Borrowing or Borrowings pursuant to which such Loans were made and, if to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loansconversion.

Conversions. The Borrower shall have the option to convert on any Business Day, all or a portion at least equal to $1,000,000 (and, if in excess thereof, an integral multiple of $500,000) of the Outstanding Amount outstanding principal amount of the Loans of one Type pursuant to a Facility into a Borrowing or Borrowings of the other Type of Loan under such Facility; provided that (i) no partial conversion of a Borrowing of Eurodollar Loans shall reduce the outstanding principal amount of the Eurodollar Loans pursuant to such Borrowing to less than $1,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is continuing in existence on the date of such the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.06 shall be limited in number as provided in Section 1.02 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto and (ivv) each such conversion shall be made pro rata PRO RATA among the Loans of each Bank of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 12:00 Noon (New York time), at least three Business Days' (or one Business Day's Days in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a "Notice of Conversion") specifying the Loans to be so converted, the Type of Loans to be converted into and, if such Loans are to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.