Common use of Extension and Conversion Clause in Contracts

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied so long as no Default or Event of Default then exists or would otherwise result therefrom, and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower Company shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans made in Dollars into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans denominated in Dollars may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit AgreementSection 3.8, 3.9 and 3.11, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (bii) any LIBOR Rate Loans loan may be extended, and Alternate any Base Rate Loans Loan may be converted into to a LIBOR Rate Loans, Loan only if the conditions in Section 4.2 have been satisfied and satisfied, (ciii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit AgreementSection 3.8, 3.9 and 3.11, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (bii) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and satisfied, (ciii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (bii) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and satisfied, (ciii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "been

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (bii) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (ciii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower Company shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans made in Dollars into Loans of another Type; provided, however, that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit AgreementSection 3.8, 3.9, and 3.11, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (bii) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and satisfied, (ciii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit AgreementSection 3.8, LIBOR Rate Loans may be converted into Alternate Base Rate Loans or extended as LIBOR Loans for new Interest Periods only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (cii) Loans extended as, or converted intoto, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; providedprovided , howeverhowever , that (a) except as expressly provided otherwise in this Credit Agreement, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) LIBOR Rate Loans may be extended, and Alternate Base Rate Loans may be converted into LIBOR Rate Loans, only if the conditions in Section 4.2 have been satisfied and (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend the existing Loans Loan into a subsequent permissible Interest Period or to convert Loans the Loan into Loans a Loan of another Typeinterest rate type; provided, however, that (ai) except as expressly provided otherwise in this Credit AgreementSection 3.8, 3.9, and 3.11, a LIBOR Rate Loans Loan may be converted into Alternate a Base Rate Loans Loan only on the last day of the Interest Period applicable thereto, (bii) a LIBOR Rate Loans Loan may be extended, and Alternate a Base Rate Loans Loan may be converted into a LIBOR Rate LoansLoan, only if the conditions in subsection (b) of Section 4.2 have been satisfied and satisfied, (ciii) Loans a Loan extended as, or converted into, a LIBOR Rate Loans Loan shall be subject to the terms of the definition of "

Extension and Conversion. The Borrower shall have the option, on any Business Day, to extend existing Loans into a subsequent permissible Interest Period or to convert Loans into Loans of another Typeinterest rate type; provided, however, that (a) except as expressly provided otherwise in this Credit AgreementSections 3.8, 3.9 and 3.11, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the Interest Period applicable thereto, (b) any LIBOR Rate Loans loan may be extended, and Alternate any Base Rate Loans Loan may be converted into to a LIBOR Rate Loans, Loan only if the conditions in Section 4.2 have been satisfied and satisfied, (c) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of "“