Common use of Effect of Suspension Clause in Contracts

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR Rate Loans is suspended, (A) the obligation of such Lender to convert Base Rate Loans into LIBOR Rate Loans shall be suspended, (B) such Lender shall make a Base Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR Rate Loan, (C) Borrowers may revoke any pending Notice of Borrowing or Notice of Conversion or Continuation to make or continue any LIBOR Rate Loan or to convert any Base Rate Loan into a LIBOR Rate Loan and (D) each LIBOR Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest Period thereof) be converted into a Base Rate Loan.

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR LIBO Rate Loans is suspended, (A) the obligation of such Lender to convert Base Rate Loans into LIBOR LIBO Rate Loans shall be suspended, (B) such Lender shall make a Base Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR LIBO Rate Loan, (C) Borrowers the Borrower may revoke any pending Notice of Borrowing or Notice of Conversion or Continuation to make or continue any LIBOR LIBO Rate Loan or to convert any Base Rate Loan into a LIBOR LIBO Rate Loan and (D) each LIBOR LIBO Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest Period thereof) be converted into a Base Rate Loan.

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR Rate Loans is suspended, (Ai) the obligation of such Lender to convert Base Rate Loans into LIBOR Rate Loans shall be suspended, (Bii) such Lender shall make a Base Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR Rate Loan, (Ciii) Borrowers the Borrower may revoke or rescind any pending Notice of Borrowing or Notice of Conversion or Continuation to make or continue any LIBOR Rate Loan or to convert any Base Rate Loan into a LIBOR Rate Loan and (Div) each LIBOR Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest Period thereof) be converted into a Base Rate Loan.

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR Rate Loans is suspended, (Ai) the obligation of such Lender to convert Base Index Rate Loans into LIBOR Rate Loans shall be suspended, (Bii) such Lender shall make a Base an Index Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR Rate Loan, (Ciii) Borrowers the Borrower may revoke any pending Notice of Borrowing or Notice of Conversion or Conversion/Continuation to make or continue any LIBOR Rate Loan or to convert any Base Index Rate Loan into a LIBOR Rate Loan and (Div) each LIBOR Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest LIBOR Period thereof) be converted into a Base an Index Rate Loan.

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR Rate Loans is suspended, (Ai) the obligation of such Lender to convert Base Index Rate Loans into LIBOR Rate Loans shall be suspended, (Bii) such Lender shall make a Base an Index Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR Rate Loan, (Ciii) Borrowers the Borrower may revoke any pending Notice of Borrowing or Notice of Conversion or Conversion/Continuation to make or continue any LIBOR Rate Loan or to convert any Base Index Rate Loan into a LIBOR Rate Loan and (Div) each LIBOR Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest LIBOR Period thereof) be converted into a Base an Index Rate Loan.

Effect of Suspension. If the obligation of any Lender to make or to continue LIBOR Rate Loans is suspended, (Ai) the obligation of such Lender to convert Base Index Rate Loans into LIBOR Rate Loans shall be suspended, (Bii) such Lender shall make a Base an Index Rate Loan at any time such Lender would otherwise be obligated to make a LIBOR Rate Loan, (Ciii) Borrowers the Borrower may revoke any pending Notice of Borrowing or Notice of Conversion or Conversion/Continuation to make or continue any LIBOR Rate Loan or to convert any Base Index Rate Loan into a LIBOR Rate Loan and (Div) each LIBOR Rate Loan of such Lender shall automatically and immediately (or, in the case of any suspension pursuant to clause (a) above, on the last day of the current Interest LIBOR Period thereof) be converted into a Base an Index Rate Loan.