Common use of Notice and Manner of Conversion or Continuation of Loans Clause in Contracts

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower shall have the option to (a) convert at any time following the third Business Day after the Closing Date all or any portion of any outstanding ABR Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more Eurodollar Loans, (b) upon the expiration of any Interest Period, convert all or any part of its outstanding Eurodollar Loans in a principal amount equal to $3,000,000 or a whole multiple of $1,000,000 in excess thereof into ABR Loans (other than Swingline Loans) or (c) upon the expiration of any Interest Period, continue any Eurodollar Loan or Eurocurrency Loan denominated in any Permitted Currency in a principal amount of $3,000,000 or any whole multiple of $1,000,000 in excess thereof (or with respect to Eurocurrency Loans, the Alternative Currency Amount in each case thereof) as a Eurodollar or Eurocurrency (as applicable) Loan in the same Permitted Currency. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached as Exhibit A-3 (a “Notice of Conversion/Continuation”) not later than 11:00 a.m. four (4) Business Days (with respect to any Eurocurrency Loan) and three (3) Business Days (with respect to any Loan denominated in dollars) before the day on which a proposed conversion or continuation of such Loan is to be effective specifying (A) the Loans to be converted or continued, and, in the case of any Eurodollar Loan or Eurocurrency Loan to be converted or continued, the last day of the Interest Period therefor, (B) the Permitted Currency in which such Loan is denominated, (C) the effective date of such conversion or continuation (which shall be a Business Day), (D) the principal amount of such Loans to be converted or continued, and (E) the Interest Period to be applicable to such converted or continued Eurodollar Loan or Eurocurrency Loan. The Administrative Agent shall promptly notify the Lenders of such Notice of Conversion/Continuation.

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower Borrowers, with respect to Revolving Loans, shall have the option to (ai) convert at any time following the third Business Day after the Closing Date all or any portion of any their outstanding ABR Base Rate Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 2,000,000 or any whole multiple of $1,000,000 100,000 in excess thereof into one or more Eurodollar LIBOR Rate Loans, (bii) upon the expiration of any Interest Period, convert all or any part of its their outstanding Eurodollar LIBOR Rate Loans in a principal amount equal to $3,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof into ABR Loans Base Rate Loans, and (other than Swingline Loans) or (ciii) upon the expiration of any its Interest Period, continue any Eurodollar (A) LIBOR Rate Loan or Eurocurrency that is not a Foreign Currency Loan denominated in any Permitted Currency in a principal amount of $3,000,000 2,000,000 or any whole multiple of $1,000,000 100,000 in excess thereof (or with respect to Eurocurrency Loans, the Alternative Currency Amount in each case thereof) as a Eurodollar or Eurocurrency LIBOR Rate Loan and (as applicableB) LIBOR Rate Loan that is a Foreign Currency Loan in a principal amount of Euro 500,000 or any whole multiple of Euro 100,000 in excess thereof as a LIBOR Rate Loan that is a Foreign Currency Loan; provided that the same Permitted CurrencyBorrowers shall not be entitled to continue, but shall repay, such portion of any Foreign Currency Loan that equals the Assigned Dollar Value Excess as of the end of the Interest Period. Whenever the Borrower desires Borrowers desire to convert or continue Loans as provided above, AHL, on behalf of the Borrower Borrowers, shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as Exhibit A-3 C (a “"Notice of Conversion/Continuation”") not later than 11:00 a.m. four (4Charlotte time or London time, respectively) Business Days (with respect to any Eurocurrency Loan) and three (3) Business Days (with respect to any Loan denominated in dollars) before the day Business Day, in the case of a conversion to or a continuation of a LIBOR Rate Loan and 11:00 a.m. (London time) three (3) Business Days before the Business Day, in the case of a continuation of a LIBOR Rate Loan that is a Foreign Currency Loan, and the same Business Day, in the case of a conversion to a Base Rate Loan, on which a proposed conversion or continuation of such Loan is to be effective specifying (Ai) the Loans to be converted or continued, continued and, in the case of with respect to any Eurodollar Loan or Eurocurrency LIBOR Rate Loan to be converted or continued, the last day of the current Interest Period therefor, (B) the Permitted Currency in which such Loan is denominated, (Cii) the effective date of such conversion or continuation (which shall be a Business Day), (Diii) the principal amount of such Loans to be converted or continued, continued and (Eiv) with respect to a continuation of Foreign Currency Loan, the Alternative Currency and the Interest Period to be applicable to such converted or continued Eurodollar Loan or Eurocurrency Loanthereto. The Administrative Agent shall promptly notify the Lenders of such Notice of Conversion/ContinuationContinuation received with respect to Revolving Loans.

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower shall have the option to (a) (i) convert at any time following the third Business Day after the Closing Date all or any portion of any its outstanding ABR Base Rate Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 1,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof into one or more Eurodollar LIBOR Rate Loans or (ii) convert at any time all or any portion of its outstanding Base Rate Loans in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more CD Rate Loans, (b) upon the expiration of any Interest Period, (i) convert all or any part of its outstanding Eurodollar LIBOR Rate Loans in a principal amount equal to $3,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof into ABR Base Rate Loans, (ii) convert all or any part of its outstanding LIBOR Rate Loans in a principal amount equal to $1,000,000 or a whole multiple of $500,000 in excess thereof into CD Rate Loans, or (other than Swingline iii) continue such LIBOR Rate Loans as LIBOR Rate Loans) or , (c) upon the expiration of any Interest Period, continue (i) convert all or any Eurodollar Loan or Eurocurrency Loan denominated in any Permitted Currency part of its outstanding CD Rate Loans in a principal amount of equal to $3,000,000 1,000,000 or any a whole multiple of $1,000,000 500,000 in excess thereof (or with respect to Eurocurrency into Base Rate Loans, the Alternative Currency Amount (ii) convert all or any part of its outstanding CD Rate Loans in each case thereofa principal amount equal to $1,000,000 or a whole multiple of $500,000 in excess thereof into Base Rate Loans or (iii) continue such CD Rate Loans as a Eurodollar or Eurocurrency (as applicable) Loan in the same Permitted CurrencyCD Rate Loans. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent Lender irrevocable prior written notice in the form attached as Exhibit A-3 EXHIBIT C (a “"Notice of Conversion/Continuation”") not later than 11:00 a.m. four (4Charlotte time) Business Days (with respect to any Eurocurrency Loan) and three (3) Business Days (with respect to any Loan denominated in dollars) before the day on which a proposed conversion or continuation of such Loan is to be effective specifying (Ai) the Loans to be converted or continued, and, in the case of any Eurodollar LIBOR Rate Loan or Eurocurrency a CD Rate Loan to be converted or continued, the last day of the Interest Period therefor, (B) the Permitted Currency in which such Loan is denominated, (Cii) the effective date of such conversion or continuation (which shall be a Business Day), (Diii) the principal amount of such Loans to be converted or continued, and (Eiv) the Interest Period to be applicable to such converted or continued Eurodollar LIBOR Rate Loan or Eurocurrency CD Rate Loan. The Administrative Agent shall promptly notify the Lenders of such Notice of Conversion/Continuation, as applicable.

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the The Borrower shall have the option to (a) convert at any time following the third Business Day after the Closing Date all or any portion of any its outstanding ABR Base Rate Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 1,000,000 or any whole multiple of $1,000,000 100,000 in excess thereof into one or more Eurodollar LoansLoans (so long as there are no more than six (6) Eurodollar Loans outstanding at any one time), or (b) upon the expiration of any Interest Period, (i) convert all or any part of its such outstanding Eurodollar Loans in a principal amount equal to $3,000,000 or a whole multiple of $1,000,000 in excess thereof into ABR Loans (other than Swingline Loans) or (c) upon the expiration of any Interest Period, continue any Eurodollar Loan or Eurocurrency Loan denominated in any Permitted Currency in a principal amount of $3,000,000 or any whole multiple of $1,000,000 100,000 in excess thereof into Base Rate Loans or (ii) continue such Eurodollar Loans as Eurodollar Loans; provided, that no outstanding Loan may be continued as, or with respect to Eurocurrency Loansconverted into, the Alternative Currency Amount in each case thereof) as a Eurodollar or Eurocurrency (as applicable) Loan in the same Permitted Currencywhen any Event of Default has occurred and is continuing. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent Lender irrevocable prior written notice in the form attached as Exhibit A-3 C (a “"Notice of Conversion/Continuation”") not later than 11:00 a.m. four (4Charlotte time) on the same Business Days (with respect to any Eurocurrency Day as, in the case of a Loan being converted into or continued as a Base Rate Loan) , and three (3) Business Days (with respect to any before, in the case of a Loan denominated in dollars) before being converted into or continued as a Eurodollar Loan, the day on which a proposed conversion or continuation of such Loan is to be effective specifying (A) the Loans to be converted or continuedcontinued and the amount thereof, and, (B) in the case of any Eurodollar Loan or Eurocurrency Loan Loans to be converted or continued, the last day of the Interest Period therefor, (B) therefore and the Permitted Currency in which such Loan is denominated, Interest Period to be applicable to the converted or continued Loans and (C) the effective date of such the conversion or continuation (which shall be a Business Day), (D) the principal amount of such Loans to be converted or continued, and (E) the Interest Period to be applicable to such converted or continued Eurodollar Loan or Eurocurrency Loan. The Administrative Agent shall promptly notify the Lenders of such Notice of Conversion/Continuation.

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower shall have the option to (a) convert at any time following the third Business Day after the Closing Date all or any portion of any outstanding ABR Base Rate Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 5,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more Eurodollar LoansEurocurrency Rate Loans denominated in Dollars, (b) upon the expiration of any Interest Period, (i) convert all or any part of its outstanding Eurodollar Eurocurrency Rate Loans that are denominated in Dollars in a principal amount equal to $3,000,000 or a whole multiple of $1,000,000 in excess thereof into ABR Base Rate Loans or (other than Swingline Loansii) or continue such Eurocurrency Rate Loans that are denominated in Dollars as Eurocurrency Rate Loans and (c) upon the expiration of any Interest Period, continue any Eurodollar Loan or of its outstanding Eurocurrency Loan Rate Loans that are denominated in any Permitted Currency in a principal amount of $3,000,000 or any whole multiple of $1,000,000 in excess thereof (or with respect to Eurocurrency Loans, the an Alternative Currency Amount as Eurocurrency Rate Loans that are denominated in each case thereof) as a Eurodollar or Eurocurrency (as applicable) Loan in the same Permitted such Alternative Currency. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached as Exhibit A-3 E (a “Notice of Conversion/Continuation”) not later than 11:00 a.m. four (4) Business Days (with respect to any Eurocurrency Loan) and three (3) Business Days (with respect to any Loan denominated in dollars) before the day on which a proposed conversion or continuation of such Loan is to be effective specifying (A) the Loans to be converted or continued, and, in the case of any Eurodollar Loan or Eurocurrency Rate Loan to be converted or continued, the last day of the Interest Period therefor, (B) the Permitted Currency in which such Loan is denominated, (C) the effective date of such conversion or continuation (which shall be a Business Day), (DC) the principal amount of such Loans to be converted or continued, and (ED) the Interest Period to be applicable to such converted or continued Eurodollar Loan or Eurocurrency Rate Loan. The Administrative Agent shall promptly notify the affected Lenders of such Notice of Conversion/Continuation.

Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower shall have the option subject to Section 2.14(a), to (a) convert at any time following time, subject to the third Business Day after the Closing Date notice requirements herein, all or any portion of any outstanding ABR Base Rate Loans (other than Swingline Loans) in a principal amount equal to $3,000,000 1,000,000 or any whole multiple of $1,000,000 500,000 in excess thereof (or such lesser amount as shall represent all of the Base Rate Loans then outstanding) into one or more Eurodollar Term SOFR Loans, (b) upon the expiration of any Interest PeriodPeriod therefor, (i) convert all or any part of its any outstanding Eurodollar Term SOFR Loans in a principal amount equal to $3,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof (or such lesser amount as shall represent all of the Term SOFR Loans then outstanding) into ABR Base Rate Loans (other than Swingline Loans) or (ii) continue any Term SOFR Loans as Term SOFR Loans, (c) upon the expiration of any Interest PeriodPeriod therefor, continue any Eurodollar Loan or Eurocurrency Loan denominated in Rate Loans as Eurocurrency Rate Loans and (d) upon the occurrence of the Interest Payment Date therefor, continue any Permitted Currency in a principal amount of $3,000,000 or any whole multiple of $1,000,000 in excess thereof (or with respect to Eurocurrency Daily Simple RFR Loans as Daily Simple RFR Loans, the Alternative Currency Amount in each case thereof) as a Eurodollar or Eurocurrency (as applicable) Loan in the same Permitted Currency. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached as Exhibit A-3 D (a “Notice of Conversion/Continuation”) not later than 11:00 a.m. four (4i) Business Days (with respect to any Eurocurrency Loan) and in the case of a Loan denominated in Dollars, at least three (3) RFR Business Days (with respect to any Loan denominated in dollars) before the day on which a proposed conversion or continuation of such Loan is to be effective effective, (ii) in the case of a Loan denominated in any Alternative Currency that is to be an RFR Loan, at least three (3) RFR Business Days before the day on which a proposed conversion or continuation of such Loan is to be effective, and (iii) in the case of a Loan denominated in any Alternative Currency that is to be a Eurocurrency Rate Loan, at least four (4) Eurocurrency Banking Days before the day on which a proposed conversion or continuation of such Loan is to be effective, in each case, specifying (A) the Loans to be converted or continued, and, in the case of any Eurodollar Eurocurrency Rate Loan or Eurocurrency Term SOFR Loan to be converted or continued, the last day of the Interest Period therefor, (B) the Permitted Currency in which such Loan is denominated, (C) the effective date of such conversion or continuation (which shall be a Business Day), (DC) the principal amount and currency of such Loans to be converted or continued, and (ED) in the case of any Eurocurrency Rate Loan or Term SOFR Loan, the Interest Period to be applicable to such converted or continued Eurodollar Eurocurrency Rate Loan or Eurocurrency Term SOFR Loan. The Administrative If Borrower fails to deliver a timely Notice of Conversion/Continuation with respect to a Daily Simple RFR Loan prior to the Interest Payment Date therefor, then, unless such RFR Loan is repaid as provided herein, Borrower shall be deemed to have selected that such RFR Loan shall automatically be continued as a Daily Simple RFR Loan as of such Interest Payment Date. If Borrower fails to deliver a timely Notice of Conversion/Continuation with respect to a Eurocurrency Rate Loan or a Term SOFR Loan prior to the end of the Interest Period therefor, then, unless such Eurocurrency Rate Loan or Term SOFR Loan, as applicable, is repaid as provided herein, Borrower shall be deemed to have selected that such Eurocurrency Rate Loan or Term SOFR Loan, as applicable, shall automatically be continued as a Eurocurrency Rate Loan or Term SOFR Loan, respectively, with an Interest Period of one month at the end of such Interest Period. If Borrower requests a conversion to, or continuation of, a Eurocurrency Rate Loan or a Term SOFR Loan, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. Notwithstanding anything to the contrary herein, a Swingline Loan may not be converted to a Eurocurrency Rate Loan or an RFR Loan. Agent shall promptly notify the affected Lenders with respect to the foregoing. For the avoidance of doubt, any reference herein to (i) the expiration of an Interest Period or (ii) any mandatory payment or conversion required in connection therewith shall not, in any case, be deemed to constitute a “maturity” of any Loan hereunder. No Eurocurrency Rate Loan or Term SOFR Loan may be converted into or continued as a Eurocurrency Rate Loan or a Term SOFR Loan denominated in a different currency, but instead must be prepaid in the original currency of such Notice of Conversion/ContinuationEurocurrency Rate Loan or a Term SOFR Loan and reborrowed in the other currency.