Limitations on Conversion. Notwithstanding anything herein to the contrary, at the election of the Company under this Section 2.9, Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed Currency.
Appears in 7 contracts
Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Arvinmeritor Inc), Credit Agreement (Steelcase Inc)
Limitations on Conversion. Notwithstanding anything herein to the contrary, at the election of the Company applicable Borrowers under this Section 2.9, (x) Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed Currency, and (y) Alternate Currency Loans in an Alternate Currency may be converted and/or continued as Alternate Currency Loans only in the same Alternate Currency.
Appears in 4 contracts
Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)
Limitations on Conversion. Notwithstanding anything herein to the contrary, (i) at the election of the Company under this Section 2.9, Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed CurrencyCurrency and (ii) no Eurocurrency Rate Advance made to the Subsidiary Borrower may be converted into a Floating Rate Advance.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Meritor Inc), Amendment and Restatement Agreement (Meritor Inc), Credit Agreement (Meritor Inc)
Limitations on Conversion. Notwithstanding anything herein to the contrary, at the election of the Company Borrower under this Section SECTION 2.9, Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed Currency.
Appears in 1 contract
Limitations on Conversion. Notwithstanding anything herein to the contrary, at the election of the Company under this Section 2.9, Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed Currency. Notwithstanding any other provision of this Agreement, no Borrower shall be entitled to request, or to elect to convert or continue, any Advance if the Interest Period requested with respect thereto would end after the Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Steelcase Inc)
Limitations on Conversion. Notwithstanding anything herein to the contrary, at the election of the Company Borrower under this Section 2.9, Eurocurrency Rate Advances in an Agreed Currency may be converted and/or continued as Eurocurrency Rate Advances only in the same Agreed Currency.
Appears in 1 contract