ELECTION BY BORROWER. Subject to all the terms and conditions of this Addendum, Borrower may elect from time to time to convert a Libor Loan to a Prime Loan by giving Bank at least three (3) Business Days' prior irrevocable notice of such election, and any such conversion of a Libor Loan shall be made on the last day of the Interest Period with respect thereto.
Appears in 6 contracts
Samples: Credit Agreement (Tekelec), Security and Loan Agreement (Myers Steven & Associates Inc), Credit Agreement (Micro General Corp)
