Common use of No Conversion Post-Default or Post-Unmatured Default Clause in Contracts

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 5 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

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No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(A) or Section 2.10(B2.9(B), no Loan may be converted into or continued as a Eurocurrency Eurodollar Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 5 contracts

Samples: Credit Agreement (Spartan Stores Inc), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(a) or Section 2.10(B2.9(b), no Loan may be converted into or continued as a Eurocurrency Eurodollar Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 3 contracts

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V), Revolving Credit Agreement (Chicago Bridge & Iron Co N V), Term Loan Agreement (Chicago Bridge & Iron Co N V)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.8(A) or Section 2.10(B2.8(B), no Loan may be converted into or continued as a Eurocurrency Eurodollar Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(A) or Section 2.10(B2.9(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Steelcase Inc)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurocurrency Eurodollar Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Finishmaster Inc)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.10(a) or Section 2.10(B2.10(b), if the Administrative Agent or the Required Lenders shall so notify the Company, no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.08(a) or Section 2.10(B2.08(b), if the Administrative Agent or the Required Lenders shall so notify the Company, no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Assignment Agreement (Trimble Navigation LTD /Ca/)

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No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.8(A) or Section 2.10(B2.8(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Steiner Leisure LTD)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurocurrency Eurodollar Rate Loan (except with the consent of if the Required Lenders) when any , by notice to the Borrower Representative and the Agent, following the occurrence and during the continuation of a Default or Unmatured Default has occurred and is continuingDefault, declare that no Loan may be converted into or continued as a Eurodollar Rate Loan.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(A) or Section 2.10(B2.9(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing. .

Appears in 1 contract

Samples: Credit Agreement (Steiner Leisure LTD)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Fixed Rate Loan (other than a Eurocurrency Rate Loan (in an Agreed Currency other than Dollars) except with the consent of the Required Lenders) Lenders when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Security Agreement (Brightpoint Inc)

No Conversion Post-Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.8(A) or Section 2.10(B2.8(B), no Syndicated Loan may be converted into or continued as a Eurocurrency Rate Loan (other than a Eurocurrency Rate Loan in an Agreed Currency other than Dollars) except with the consent of the Required Lenders) Lenders when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

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