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 $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other 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 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 $5,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 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 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 to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversion.

Conversions. The Borrower shall have the option to convert convert, on any Business Day occurring on or after the Effective Date, all or a portion equal to at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) 1,000,000 of the outstanding principal amount of the such Loans made pursuant to one or more Borrowings of one Type owing by the Borrower or more Types of Loans into a Borrowing or Borrowings of the other Type; PROVIDED another Type of Loan, provided that (i) except as otherwise provided in Section 1.11(b1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.07 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 to be converted into were made and, if 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 conversionconversion 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 all or a portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other TypeType of Loan; 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 $5,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 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 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 conversionconversion affecting any of its Loans.

Conversions. The Each Borrower shall have the option to convert on any Business Day all or a portion equal to at least equal to $5,000,000 2,000,000 (and, if greater, in excess thereof, an integral multiple of $1,000,000) 500,000), of the outstanding principal amount of the Revolving Loans made to such Borrower pursuant to one or more Borrowings of one Type owing by the Borrower or more Types of Loans into a Borrowing or Borrowings of the other Type; another Type of Loan, PROVIDED that (i) except as otherwise provided in Section 1.11(b), Eurodollar Eurocurrency Loans denominated in Dollars may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, 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 $5,000,0002,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Eurocurrency Loans denominated in Dollars if no Default or Event of Default is in existence on the date of the conversion, conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 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 to such conversion (which shall be converted into a Business Day) and, if 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 conversionconversion affecting any of its Loans.

Conversions. The Borrower Company shall have the option to convert pro ----------- rata on any Business Day all or a portion equal to at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) 15,000,000 of the outstanding principal amount of the Syndicated Loans of made pursuant to a single Borrowing from one Type owing by the Borrower of Syndicated Loans into a Borrowing or Borrowings of the other another Type; 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, 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 $5,000,00015,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is then in existence on the date of the conversion, and (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 1.07 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 Company giving the 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 to be converted into and, and if to be converted into a Borrowing of Eurodollar Loans, the initial Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt written or telephonic notice of any such proposed conversion of Syndicated Loans. Upon any such conversion, the proceeds thereof will be applied directly on the date of such conversion to repay the outstanding principal amount of the Syndicated Loans being converted.

Conversions. The Parent Borrower shall have the option to convert on any Business Day all or a portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) 1,000,000 of the outstanding principal amount of the its Term Loans of one Type owing by the Borrower Type, into a Borrowing or Borrowings of the other TypeType of Term Loans; 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 $5,000,0001,000,000, (ii) Base Rate Loans may only not be converted into Eurodollar Loans if no any Default or Event of Default is in existence on the date of the conversionconversion if the Administrative Agent or the Required Lenders have previously advised the Parent Borrower that conversions will not be permitted while such Default or Event of Default, as the case may be, remains in existence, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 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 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 conversionconversion affecting any of its Term Loans.

Conversions. The Borrower shall have the option to convert convert, on any Business Day 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, $5,000,000 500,000 (and, if greater, in excess thereof, an integral multiple of $1,000,000100,000) 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 Loans same Tranche) of one Type owing by the Borrower or more Types of Loans into a Borrowing or Borrowings (of the other Type; PROVIDED same Tranche) of another Type of Loan, provided that (iA) except as otherwise provided in Section 1.11(b1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, 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, $5,000,000500,000 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 is in existence on the date of 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 1.07 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 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 to be converted into were made and, if to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversion.

Conversions. The Borrower shall have the option to convert convert, on any Business Day occurring after the Initial Borrowing Date, all or a portion equal to at least equal to $5,000,000 1,000,000 (and, if greater, in excess thereof, an integral multiple of $1,000,000) 500,000), of the outstanding principal amount of the Revolving Loans made pursuant to one or more Borrowings of one Type owing by the Borrower or more Types of Loans into a Borrowing or Borrowings of the other Type; PROVIDED another Type of Loan, provided that (i) except as otherwise provided in Section 1.11(b1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of 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 1.07 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 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 to be converted into were made and, if to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversionconversion 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 1,000,000 (and, if in excess thereof, an integral multiple of $1,000,000500,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower pursuant to a Facility into a Borrowing or Borrowings of the other TypeType of Loan under such Facility; 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 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 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 conversionconversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business Day all or a portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other TypeType of Loan; 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 $5,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 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 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 conversionconversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business Day all or a portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other Type; 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 $5,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 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 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 to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversion.

Conversions. The Borrower shall have the option to convert on any Business Day all or a any portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) 1,000,000 or more of the outstanding principal amount of the Loans of made pursuant to one Type owing or more Borrowings by the Borrower of one or more Types of Loan into a Borrowing or Borrowings of the other Type; PROVIDED another Type of Loan (each, a "Conversion"), provided that (i) except as otherwise provided in Section 1.11(b2.11(b), Eurodollar Rate Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable theretoto the Eurodollar Rate Loans being converted, and (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 $5,000,0001,000,000, (iiiii) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Default or Event of Default is in existence on the date of the conversionConversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 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 conversionConversion 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 all or a portion at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) 1,000,000 of the outstanding principal amount of the Loans made to it or its Designee pursuant to one or more Borrowings of one Type owing by the Borrower or more Types of Loan into a Borrowing or Borrowings of the other Type; PROVIDED another Type of Loan, provided that (i) except as otherwise provided in Section 1.11(b2.10(b), Eurodollar Rate Loans may be converted into Base Rate Loans of another Type only on the last day of an Interest Period applicable thereto, 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Default or Event of Default is in existence on the date of the conversion, conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.07 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 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 converted, the Type of Loans to be converted into and, if to be converted into a Borrowing of Eurodollar Rate Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversionconversion 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 $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other Type; PROVIDED that (i) except as otherwise provided in Section 1.11(b1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable thereto, 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 $5,000,000, 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 is in existence on the date of the conversion, ; (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.07 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 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 to be converted into were made and, if to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversionconversion 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 $5,000,000 1,000,000 (and, if in excess thereof, an integral multiple of $1,000,000500,000) of the outstanding principal amount of the Loans of one Type owing by the Borrower pursuant to a Facility into a Borrowing or Borrowings of the other TypeType of Loan under such Facility; 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the such conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 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 conversionconversion 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 Day all or a portion at least equal to $5,000,000 (andoccurring after the Effective Date, if in excess thereof, an integral multiple of $1,000,000) of the outstanding principal amount of the Loans Term Loan Portions of one Type owing by equal to at least the Borrower applicable Minimum Borrowing Amount into a Borrowing or Borrowings Term Loan Portion of the other another Type; PROVIDED , provided that (i) except as otherwise provided in Section 1.11(b1.10(b), a Eurodollar Loans Portion may be converted into a Base Rate Loans Portion only on the last day of an Interest Period applicable thereto, 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 $5,000,000the Minimum Borrowing Amount, (ii) Base Rate Loans Portions may only be converted into Eurodollar Loans Portions if no Default or Event of Default is in existence on the date of the conversion, and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.07 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 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 to be converted into and, if to be converted into a Borrowing of Eurodollar LoansPortions, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversionconversion affecting any of its Term Loan Portions.

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 1,000,000 (and, if in excess thereof, an integral multiple of $1,000,000500,000) of the outstanding principal amount Outstanding Amount of the Loans of one Type owing by pursuant to the Borrower Facility into a Borrowing or Borrowings of the other TypeType of Loan under the Facility; 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 $5,000,0001,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default has occurred and is in existence continuing on the date of the such conversion, (iii) Borrowings of Eurodollar Loans resulting from this Section 1.07 1.06 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 ’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 conversionconversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on any Business Day all or a portion at least equal to not less than $5,000,000 25,000,000 (and, if $10,000,000 in excess thereof, an integral multiple the case of $1,000,000a conversion into Base Rate Loans) of the outstanding principal amount of the Loans of one Type owing by the Borrower of Loan (other than (i) Swingline Loans and (ii) Competitive Bid Loans) made pursuant to one or more Borrowings into a Borrowing or Borrowings of the other TypeType of Loan; PROVIDED that 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, 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 $5,000,00025,000,000, (ii) Base Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, conversion and (iii) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 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 converted, the Type of Loans to be converted into and, if 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 conversionconversion affecting any of its Loans.

Conversions. The Borrower shall have the option to convert on ----------- any Business Day all or a portion equal to at least equal to $5,000,000 (and, if in excess thereof, an integral multiple of $1,000,000) the Minimum Borrowing Amount of the outstanding principal amount of the Revolving Loans of one Type owing by the Borrower into a Borrowing or Borrowings of the other another Type; PROVIDED that , 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 made pursuant to such a single Borrowing to less than $5,000,000, the Minimum Borrowing Amount; (ii) Base Reference Rate Loans may only be converted into Eurodollar Loans if no Default or Event of Default is in existence on the date of the conversion, ; and (iii) Borrowings of Eurodollar Loans resulting from conversions pursuant to this Section 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 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 to be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent Payments Administrator shall give each Bank prompt notice as promptly as practicable of any such proposed conversionconversion 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 $5,000,000 (and, if and integral multiples of $1,000,000 in excess thereof, an integral multiple of $1,000,000) thereof of the outstanding principal amount of the Loans made pursuant to one or more Borrowings of one Type owing by the Borrower or more Types of Loan into a Borrowing or Borrowings of the other Type; PROVIDED another Type of Loan, provided that (ia) except as otherwise provided in Section 1.11(b2.10(b), Eurodollar Rate Loans may be converted into Base Rate Loans only on the last day of an the Interest Period applicable thereto, 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 $5,000,000, (iib) Base Rate Loans may only be converted into Eurodollar Rate Loans if no Default or Event of Default is in existence on the date of the conversion, conversion and (iiic) Borrowings of Eurodollar Loans resulting from no conversion pursuant to this Section 1.07 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 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 Loans to be converted into and, if to be converted into a Borrowing of Eurodollar Rate Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversionconversion 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.