Common use of Mandatory Clause in Contracts

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 65 contracts

Samples: Credit Agreement, Credit Agreement (Summit Hotel Properties, Inc.), Credit Agreement (Summit Hotel Properties, Inc.)

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Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 50 contracts

Samples: Credit Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Hersha Hospitality Trust)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 22 contracts

Samples: Credit Agreement (Cincinnati Bell Inc), Credit Agreement (Itc Deltacom Inc), Credit Agreement (Broadwing Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 16 contracts

Samples: Credit and Guaranty Agreement (Dana Inc), Credit and Guaranty Agreement (Dana Inc), And Guaranty Agreement (Dana Holding Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 14 contracts

Samples: Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Accuride Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Committed Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Committed Advances shall automatically Convert into Base Rate AdvancesAdvances at the end of the applicable Interest Period.

Appears in 8 contracts

Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)

Mandatory. (i) On the date on last day of any Interest Period during which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 6 contracts

Samples: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Eurodollar Rate Advances shall automatically Convert into Base Rate Advances.

Appears in 5 contracts

Samples: Restructuring Support Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp), Convertible Notes Commitment Agreement (Accuride Corp)

Mandatory. (ia) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 5 contracts

Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, 2,000,000 such Advances shall automatically Convert into Base Rate Advances.

Appears in 5 contracts

Samples: Aye Credit Agreement (West Penn Power Co), Assignment and Assumption Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 4 contracts

Samples: Credit Agreement (Trident Resources Corp), Credit Agreement (Trident Resources Corp), Credit Agreement (Key3media Group Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000500,000, such Advances shall automatically Convert into Base Prime Rate AdvancesAdvances on the last day of the Interest Period relating thereto.

Appears in 4 contracts

Samples: Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Unidigital Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising part of any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Eurodollar Rate Advances shall be automatically Convert Converted into Base Rate Advances.

Appears in 4 contracts

Samples: Credit Agreement (Caremark Rx Inc), Credit Agreement (Caremark Rx Inc), Credit Agreement (Medpartners Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000500,000, such Advances shall automatically Convert into Base Prime Rate Advances.

Appears in 4 contracts

Samples: Credit Agreement (Cantel Medical Corp), Credit Agreement (Team Health Inc), Credit Agreement (Moran Transportation Co)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically automatically, on the last day of the then existing Interest Period therefor, Convert into Base Rate Advances.

Appears in 4 contracts

Samples: Credit Agreement (Polycom Inc), Credit Agreement (Polycom Inc), Credit Agreement (Neustar Inc)

Mandatory. (i) On the date on which the aggregate unpaid --------- principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Glenoit Asset Corp), Credit Agreement (Commercial Aggregates Transportation & Sales LLC), Credit Agreement (Iron Age Holdings Corp)

Mandatory. (i) On the date on which the aggregate unpaid --------- principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or payment, prepayment or otherwise, to less than $5,000,000, such Eurodollar Rate Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Fox Kids Worldwide Inc), Credit Agreement (Fox Television Stations Inc /De/), Credit Agreement (Fox Television Stations Inc /De/)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Eurocurrency Rate Advances comprising any Borrowing (including, if applicable, the Equivalent in Dollars of any such Advances that are not Dollar denominated) shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0005,000,000 (or the Equivalent in any Committed Foreign Currency), such Advances shall automatically as of the last day of the then applicable Interest Period Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Prime Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Shoneys Inc), Credit Agreement (Columbus McKinnon Corp), Credit Agreement (Central Tractor Farm & Country Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001 million, such Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Building Materials Corp of America), Credit Agreement (Building Materials Manufacturing Corp), Credit and Guaranty Agreement (Ntelos Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert at the end of the existing Interest Period into Base Prime Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Quality Stores Inc), Credit Agreement (Quality Stores Inc), Credit Agreement (Central Tractor Farm & Country Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0005 million, such Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Building Materials Manufacturing Corp), Revolving Credit Agreement (BMCA Acquisition Sub Inc.), Credit Agreement (Advance Paradigm Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,500,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Amkor Technology Inc), Credit Agreement (Amkor Technology Inc), Credit Agreement (Amkor Technology Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, other than by reason of an amortization payment, such Advances shall automatically Convert into Base Rate Advances.

Appears in 3 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically automatically, on the last day of the then existing Interest Period therefor, Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Term Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Term Credit Agreement (Sunstone Hotel Investors, Inc.), Term Credit Agreement (FelCor Lodging Trust Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (World Color Press Inc.), Term Facility Credit Agreement (World Color Press Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Steel Dynamics Inc), Credit Agreement (Steel Dynamics Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate RateTerm SOFR Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0005,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Summit Hotel Properties, Inc.), Credit Agreement (Summit Hotel Properties, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing Group of Eurodollar Rate Advances shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Sodexho Alliance S A), Credit Agreement (Sodexho Mariott Services Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically as of the last day of the then applicable Interest Period Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Digital Realty Trust, Inc.), Revolving Credit Agreement (Digital Realty Trust, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any the Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000U.S.$5,000,000, such Advances shall automatically Convert into Base Rate Advances and shall not thereafter be converted into Eurodollar Rate Advances.

Appears in 2 contracts

Samples: First Lien Credit Agreement (U S Energy Systems Inc), Second Lien Credit Agreement (U S Energy Systems Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Term Loan Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Term Loan Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Term Loan Agreement (Building Materials Manufacturing Corp), Term Loan Agreement (BMCA Acquisition Sub Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate RateAdjusted Term SOFR Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Term Loan Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Working Capital Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Medcath Corp), Credit Agreement (Medcath Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Prime Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Shoneys Inc), Credit Agreement (Shoneys Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing Group of Eurodollar Rate Advances shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 2 contracts

Samples: Credit Agreement (Sodexho Mariott Services Inc), Credit Agreement (Sodexho Alliance S A)

Mandatory. (i) On the date on which the aggregate unpaid --------- principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Amf Bowling Worldwide Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any the Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Term Facility Credit and Guaranty Agreement (Capmark Financial Group Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal --------- amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Alternate Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (PHP Healthcare Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Eurocurrency Rate Advances denominated in US Dollars comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Senior Secured Revolving Facilities Credit Agreement (Chemtura CORP)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate Advances.. Alliance Credit Agreement 44 44

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

Mandatory. (i) On the date on which the aggregate unpaid --------- principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Telespectrum Worldwide Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.. 39 Chemtura (Term Loan) Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Chemtura CORP)

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Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000300,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Massic Tool Mold & Die Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, other than by reason of an amortization payment, such Advances shall automatically Convert into Base Rate Advances.. Amended and Restated KCSR Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing under the Term Facility or under the Revolving Credit Facility shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (TLC Vision Corp)

Mandatory. (i) On the date on which the aggregate unpaid _________ principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000[2,000,000], such Advances shall automatically Convert into Base Prime Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Cdsi Acquisition Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to an amount that, when divided by the number of Lenders on such date, is less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (East Coast Power LLC)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Revolving Credit Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000100,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Carlyle Industries Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing subject to a particular Interest Period shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Advances shall automatically Convert into Base Rate AdvancesAdvances at the end of such Interest Period.

Appears in 1 contract

Samples: Term Loan Agreement (Ace LTD)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Rate Advances.Advances at the end of the Interest Period thereof. Xxxxx Respiratory - Revolving Credit Agreement

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Adams Respiratory Therapeutics, Inc.)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0005,000,000 with respect to the U.S. RC Advances or $2,500,000 with respect to the Canadian RC Advances, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing having the same Interest Periods shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Eurodollar Rate Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Building Materials Manufacturing Corp

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Working Capital Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000500,000, such Working Capital Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Security Agreement (Med E America Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Base Rate AdvancesAdvances at the end of the applicable Interest Period.

Appears in 1 contract

Samples: First Lien Credit Agreement (Landrys Restaurants Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Eurocurrency Rate Advances comprising any Borrowing denominated in Dollars shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Dana Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Committed Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Laboratory Corp of America Holdings)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of all Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0003,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Amdocs LTD)

Mandatory. (i) On the date on which the aggregate unpaid --------- principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, 1,000,000. such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Amf Bowling Worldwide Inc

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into a Base Rate AdvancesAdvance.

Appears in 1 contract

Samples: First Lien Credit Agreement (Dynegy Inc /Il/)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000500,000, such Advances shall automatically Convert into a Base Rate AdvancesAdvance.

Appears in 1 contract

Samples: Credit and Guaranty Agreement

Mandatory. (i) On the date on which the --------- aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00015,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into a Base Rate AdvancesAdvance.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Dynegy Inc /Il/)

Mandatory. (ia) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0002,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Allegheny Energy, Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Advances shall automatically Convert into Alternate Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Desa Holdings Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Revolving Credit Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,00010,000,000, such Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Year Credit Agreement (Warnaco Group Inc /De/)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising with respect to any Borrowing Interest Period shall be reduced, by payment or prepayment or otherwise, to less than $5,000,0001,000,000, such Term Advances shall automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: Security Agreement (Icg Communications Inc /De/)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Eurocurrency Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall shall, at the end of the applicable Interest Period, automatically Convert into Base Rate Advances.

Appears in 1 contract

Samples: 364 Day Bridge Facility and Guaranty Agreement (Dana Inc)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Alternate Base Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (PHP Healthcare Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000500,000.00, such Advances shall automatically Convert into Base Prime Rate Advances.

Appears in 1 contract

Samples: Credit Agreement (Cantel Medical Corp)

Mandatory. (i) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $5,000,000, such Advances shall automatically Convert into Base Rate AdvancesABR Advances on the last day of the applicable Interest Period.

Appears in 1 contract

Samples: Bridge Credit Agreement (Time Warner Telecom Inc)

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