Existing Eurodollar Loans. (i) Notwithstanding anything to the contrary herein, all Eurodollar Term B Loans (as defined in the Existing Credit Agreement) outstanding under the Existing Credit Agreement as of the Seventh Amendment Effective Date (collectively, the “Existing Eurodollar Loans”) shall remain outstanding under the Credit Agreement as Eurodollar Loans until the expiration of the then current Interest Period applicable to such Existing Eurodollar Loans, at which time such Existing Eurodollar Loans shall be converted in full (the “Specified Conversion”) to ABR Loans or SOFR Loans in accordance with Section 2.9 of the Credit Agreement (unless such Existing Eurodollar Loans are converted to ABR Loans or SOFR Loans in accordance with Section 2.9 of the Credit Agreement at an earlier date that is on or after the Seventh Amendment Effective Date (an “Early Specified Conversion”)). Any such Existing Eurodollar Loans shall continue to be governed by the relevant provisions of the Existing Credit Agreement (including, without limitation, Section 2.18 of the Existing Credit Agreement) applicable to Eurodollar Loans until the earlier of (x) the repayment of such Loans and (y) the conversion of such Loans to ABR Loans or SOFR Loans, as applicable, pursuant to the Early Specified Conversion or the Specified Conversion, as applicable. For the avoidance of doubt and notwithstanding anything to the contrary herein, on and after the Seventh Amendment Effective Date, the Borrower may not borrow any Loans as Eurodollar Loans or (A) convert any Loans that are ABR Loans to Eurodollar Loans, (B) convert any Loans that are SOFR Loans to Eurodollar Loans or (C) continue any Existing Eurodollar Loans as Eurodollar Loans, and all such Existing Eurodollar Loans shall be converted into ABR Loans or SOFR Loans upon the expiration of the then current Interest Period applicable thereto (unless so converted at an earlier date that is on or after the Seventh Amendment Effective Date).
Existing Eurodollar Loans. Notwithstanding anything in this Agreement or any other Credit Document to the contrary, interest on all “Eurodollar Loans” (as defined in this Agreement as in effect immediately prior to the First Amendment Effective Date) outstanding immediately prior to the First Amendment Effective Date shall continue to accrue and be paid based upon Adjusted LIBOR applicable pursuant to the terms of this Agreement as in effect immediately prior to the First Amendment Effective Date solely until the expiration of the current “Interest Period” (as defined in this Agreement as in effect immediately prior to the First Amendment Effective Date) applicable thereto (at which time such Eurodollar Loans may be reborrowed as or converted to Base Rate Borrowings, Term SOFR Borrowings or Daily Term SOFR Borrowers in accordance with this Section 2.3); provided, however, that from and after the First Amendment Effective Date, the Applicable Margin to be applied to any such Eurodollar Loans shall be based on the Applicable Margin for Term SOFR Loans after the First Amendment Effective Date.
Existing Eurodollar Loans. Notwithstanding anything to the contrary contained in this Amendment or the Amended Credit Agreement, each party hereto agrees that, as of the Amendment No. 2 Effective Date, all Eurodollar Loans (as defined in the Credit Agreement immediately prior to the effectiveness of this Amendment) outstanding on the Amendment No. 2 Effective Date immediately prior to giving effect to this Amendment shall continue to bear interest based upon the Eurodollar Rate (as defined in the Credit Agreement immediately prior to the effectiveness of this Amendment) until the expiration of the current Interest Period applicable to such Eurodollar Loans (at which time the Borrower shall elect to convert any such Eurodollar Loans to Term Benchmark Loans or ABR Loans in accordance with Section 3.2 of the Amended Credit Agreement; provided that, if no such election is made, such Eurodollar Loans shall be converted to ABR Loans at the end of such Interest Period).
Existing Eurodollar Loans. Notwithstanding anything to the contrary contained herein or in any other Loan Document, (i) any Revolving Loans outstanding as of the date hereof that are Eurodollar Loans (as defined in the Existing Credit Agreement, the “Existing Eurodollar Loans”) shall continue to accrue interest based on the Adjusted LIBO Rate AMERICAS 120615872 (as defined in the Existing Credit Agreement) and their applicable existing Interest Periods (as defined in the Existing Credit Agreement for purposes of this Section 3) until the last day of the Interest Period applicable to each such Existing Eurodollar Loans (provided, that in no event shall an Existing Eurodollar Loan be permitted to be continued as a Eurodollar Loan after the termination or expiration of its applicable existing Interest Period), and thereafter, all Existing Eurodollar Loans shall either be SOFR Loans or ABR Loans, as determined in accordance with the Credit Agreement, and (ii) subject to any express limitations set forth in the immediately preceding clause (i), the terms of the Credit Agreement in respect of the administration of Eurodollar Loans (solely with respect to any Existing Eurodollar Loans) shall remain in effect from and after the date hereof until the last day of the Interest Period applicable to each such Existing Eurodollar Loan, in each case, solely for purposes of administering the Existing Eurodollar Loans (including, without limitation, with respect to the payment of interest accrued thereon, determination of breakage fees and other subject matters set forth in the Existing Credit Agreement).
Existing Eurodollar Loans. Notwithstanding anything to the contrary contained in this Amendment or the Amended Credit Agreement, each party hereto agrees that, as of the Amendment No. 1 Effective Date, all Eurodollar Loans (as defined in the Credit Agreement immediately prior to the effectiveness of this Amendment) outstanding on the Amendment No. 1 Effective Date immediately prior to giving effect to this Amendment (the “Existing Eurodollar Loans”) shall continue to bear interest based upon the Existing Eurodollar Rate until the expiration of the current Interest Period applicable to such Existing Eurodollar Loans (at which time the Borrower shall elect to convert any such Existing Eurodollar Loans to Term Benchmark Loans or ABR Loans in accordance with Section 2.3 of the Amended Credit Agreement and in an aggregate principal amount of Term Benchmark Loans or ABR Loans, as applicable, equal to the aggregate principal amount of the applicable Existing Eurocurrency Loans; provided that, if no such election is made, such Existing Eurodollar Loans shall be converted to ABR Loans at the end of such Interest Period).
Existing Eurodollar Loans. To the extent any Eurodollar Rate Loan is outstanding on the Sixth Amendment Effective Date, such Loan shall continue to bear interest at the Eurodollar Rate until the end of the current Interest Period or payment period applicable to such Eurodollar Rate Loan.
Existing Eurodollar Loans. Each Eurodollar Loan outstanding on the date of the Fifth Amendment shall continue to bear interest at the Existing Applicable Annual Rate.
Existing Eurodollar Loans. Notwithstanding anything to the contrary in the Credit Agreement, all “Eurodollar Loans” (under and as defined in the Credit Agreement as in
Existing Eurodollar Loans. Until the expiration of the Interest Period (as defined in the Existing Agreement) applicable thereto, each Loan that is a Eurodollar Loan (as defined in the Existing Agreement) outstanding on the date hereof (a) shall continue to be subject to all of the terms of the Existing Agreement applicable to such Eurodollar Loan (without giving effect to the amendments contemplated hereby), and (b) if still outstanding on the date of the expiration of such Interest Period, shall be converted to a Fixed Rate Loan denominated in Dollars under the Agreement.
Existing Eurodollar Loans. To the extent any Eurodollar Loan is outstanding on the Amendment No. 3 Effective Date, such Loan shall continue to bear interest at the Eurodollar Rate until the end of the current Interest Period or payment period applicable to such Eurodollar Loan.
