Common use of Converting Loan to Other Type of Loan Clause in Contracts

Converting Loan to Other Type of Loan. Subject to Section 3.6 and provided that the applicable Borrower has, by giving notice to the Agent in accordance with Section 6.4, requested that all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Loan, shall be the last day of the Interest Period of such Loan), continue to make credit available to such Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such Borrower) in the aggregate principal amount equal to its Pro Rata Share of the principal amount as provided in the Conversion Notice.

Converting Loan to Other Type of Loan. Subject to Section 3.6 Sections 3.1, 3.12(a) and 3.13 and provided that the applicable Borrower has, by giving notice to the Administrative Agent in accordance with Section 6.46.2, requested that the Lenders to convert all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Term Benchmark Loan, shall be the last day of the Interest Period of date on which such LoanLoan matures), continue to make extend credit available to such the Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such the Borrower) in the aggregate principal amount equal to its such Lender’s Pro Rata Share of the principal amount as provided in of the Conversion Noticeoutstanding Loan or the portion thereof which is being converted.

Converting Loan to Other Type of Loan. Subject to Section 3.6 Sections 3.1 and 3.5 and provided that the applicable Borrower has, by giving notice to the Administrative Agent in accordance with Section 6.46.2, requested that the Lenders to convert all or a portion of an outstanding Loan of a particular type be converted under the Credit Facility into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Loan, shall be the last day of the Interest Period of date on which such LoanLoan matures), continue to make extend credit available to such the Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such the Borrower) in the aggregate principal amount equal to its such Lender's Pro Rata Share of the principal amount as provided in of the Conversion Noticeoutstanding Loan or the portion thereof which is being converted.

Converting Loan to Other Type of Loan. Subject to Section Sections 3.1, 3.6 and 3.7 and provided that the applicable Borrower has, by giving notice to the Agent in accordance with Section 6.4, requested that all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Loan, shall be the last day of the Interest Period of such Loan), continue to make credit available to such Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such Borrower) in the aggregate principal amount equal to its Pro Rata Share of the principal amount as provided in the Conversion Notice.

Converting Loan to Other Type of Loan. Subject to Section 3.6 Sections 3.1 and 3.5 and provided that the applicable a Borrower has, by giving notice to the Administrative Agent in accordance with Section 6.46.2, requested that the relevant Lenders to convert all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each relevant Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Term Benchmark Loan, shall be the last day of the Interest Period of date on which such LoanLoan matures), continue to make extend credit available to such Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such Borrower) in the aggregate principal amount equal to its such Xxxxxx's Pro Rata Share of the principal amount as provided in of the Conversion Noticeoutstanding Loan or the portion thereof which is being converted.

Converting Loan to Other Type of Loan. Subject to Section 3.6 3.06 and provided that the applicable Borrower has, by giving notice to the Agent in accordance with Section 6.46.04, requested that all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Loan, shall be the last day of the Interest Period of such Loan), continue to make credit available to such Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such Borrower) in the aggregate principal amount equal to its Pro Rata Share of the principal amount as provided in the Conversion Notice.

Converting Loan to Other Type of Loan. Subject to Section 3.6 Sections 3.1 and 3.7 and provided that the applicable Borrower has, by giving notice to the Administrative Agent in accordance with Section 6.4, requested that the Lenders to convert all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Loan, shall be the last day of the Interest Period of date on which such LoanLoan matures), continue to make extend credit available to such the Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such the Borrower) in the aggregate principal amount equal to its such Lender’s Pro Rata Share of the principal amount as provided in of the Conversion Noticeoutstanding Loan or the portion thereof which is being converted.

Converting Loan to Other Type of Loan. Subject to Section 3.6 Sections 3.1, 3.12(a) and 3.13 and provided that the applicable Borrower has, by giving notice to the Administrative Agent in accordance with Section 6.46.2, requested that the Lenders to convert all or a portion of an outstanding Loan of a particular type be converted into another type of Loan, each Lender shall, on the date of conversion (which, in the case of the conversion of all or a portion of an outstanding LIBOR Term Benchmark Loan, shall be the last day of the Interest Period of date on which such LoanLoan matures), continue to make extend credit available to such the Borrower by way of the type of Loan into which the outstanding Loan or a portion thereof is converted (with a repayment and a subsequent advance of funds to such the Borrower) in the aggregate principal amount equal to its such Xxxxxx's Pro Rata Share of the principal amount as provided in of the Conversion Noticeoutstanding Loan or the portion thereof which is being converted.