Common use of Notice of Continuation and Notice of Conversion Clause in Contracts

Notice of Continuation and Notice of Conversion. (i) Subject to the provisions of clause (iii) hereof, Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days prior notice, given by Borrower to Agent not later than 9:30 A.M. (Chicago time) on the third Business Day preceding the date of any proposed Continuation. If Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clause, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same date. If Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clause, such LIBOR Rate Loans will automatically convert into Prime Rate Loans.

Notice of Continuation and Notice of Conversion. (i1) Subject to the provisions of clause (iii3) hereof, Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three one (31) Business Days Day prior notice, given by Borrower to Agent LaSalle not later than 9:30 10:30 A.M. (Chicago time) on the third first Business Day preceding the date of any proposed Continuation. If Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clause, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same date. If Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clause, such LIBOR Rate Loans will automatically convert into Prime Rate Loans.

Notice of Continuation and Notice of Conversion. (ia) Subject to the provisions of clause (iii) hereofsubsection 3.1.4(c), Borrower Borrowers may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days Days' prior notice, given by Borrower Borrowers to Agent Lender not later than 9:30 11:00 A.M. (Chicago Eastern time) on the third (3rd) Business Day preceding the date of any proposed Continuation. If Borrower elects the Borrowers elect to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clausesubsection, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same datedate provided that Borrowers may not combine Revolving Credit LIBOR Rate Loans and Term LIBOR Rate Loans with each other. If Borrower the Borrowers shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clausesubsection, such LIBOR Rate Loans will automatically convert into Prime corresponding Base Rate Loans.

Notice of Continuation and Notice of Conversion. (ia) Subject to the provisions of clause (iii) hereofsubsection 3.1.4(c), Borrower Borrowers may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "“Continuation"”) shall be made on three (3) Business Days Days’ prior notice, given by Borrower Borrowers to Agent not later than 9:30 11:00 A.M. (Chicago Eastern time) on the third (3rd) Business Day preceding the date of any proposed Continuation. If Borrower elects the Borrowers elect to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clausesubsection, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same datedate provided that Borrowers may not combine Revolving Credit LIBOR Rate Loans, Term LIBOR Rate Loans and Equipment LIBOR Rate Loans with each other. If Borrower the Borrowers shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clausesubsection, such LIBOR Rate Loans will automatically convert into Prime corresponding Base Rate Loans.

Notice of Continuation and Notice of Conversion. (i) Subject to the provisions of clause subparagraph (iii) hereof, Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days prior notice, given by Borrower to Agent LaSalle not later than 9:30 8:30 A.M. (Chicago Portland time) on the third Business Day preceding the date of any proposed Continuation. If Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clause, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same date. If Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clause, such LIBOR Rate Loans will automatically convert into Prime Rate Loans.

Notice of Continuation and Notice of Conversion. (i) Subject to the provisions of clause subparagraph (iii) hereof, Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days prior notice, given by Borrower to Agent LaSalle not later than 9:30 A.M. (Chicago time) on the third Business Day preceding the date of any proposed Continuation. If Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clause, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same date. If Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clause, such LIBOR Rate Loans will automatically convert into Prime Rate Loans.

Notice of Continuation and Notice of Conversion. (ia) Subject to the provisions of clause (iii) hereofsubsection 3.1.4(c), Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days Days' prior notice, given by Borrower to Agent Lender not later than 9:30 11:00 A.M. (Chicago Eastern time) on the third (3rd) Business Day preceding the date of any proposed Continuation. If the Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clausesubsection, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same datedate provided that Borrower may not combine Revolving Credit LIBOR Rate Loans and Term LIBOR Loans with each other. If the Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clausesubsection, such LIBOR Rate Loans will automatically convert into Prime corresponding Base Rate Loans.

Notice of Continuation and Notice of Conversion. (ia) Subject to the provisions of clause (iii) hereofsubsection 3.1.4(c), Borrower Borrowers may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days Days' prior notice, given by Borrower Borrowers to Agent Lender not later than 9:30 11:00 A.M. (Chicago Eastern time) on the third (3rd) Business Day preceding the date of any proposed Continuation. If Borrower elects the Borrowers elect to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clausesubsection, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same datedate provided that Borrowers may not combine Revolving Credit LIBOR Rate Loans, Equipment Term LIBOR Loans and Acquisition Term LIBOR Loans with each other. If Borrower the Borrowers shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clausesubsection, such LIBOR Rate Loans will automatically convert into Prime corresponding Base Rate Loans.

Notice of Continuation and Notice of Conversion. (ia) Subject to the provisions of clause (iii) hereofsubsection 3.1.4(c), Borrower may elect to maintain any borrowing by it consisting of the same Kind of LIBOR Rate Loans, or any portion thereof, as a LIBOR Rate Loan by selecting a new Interest Period for such borrowing, which new Interest Period shall commence on the last day of the then existing Interest Period. Each selection of a new Interest Period (a "Continuation") shall be made on three (3) Business Days Days' prior notice, given by Borrower to Agent Lender not later than 9:30 11:00 A.M. (Chicago Eastern time) on the third (3rd) Business Day preceding the date of any proposed Continuation. If the Borrower elects to maintain more than one borrowing consisting of LIBOR Rate Loans of the same Kind by combining such borrowings into one borrowing and selecting a new Interest Period pursuant to this clausesubsection, each of the borrowings so combined shall consist of Loans of the same Kind having Interest Periods ending on the same datedate provided that Borrower may not combine Revolving Credit LIBOR Rate Loans, Term LIBOR Loans and Equipment LIBOR Rate Loans with each other. If the Borrower shall fail to select a new Interest Period for any borrowing by it consisting of LIBOR Rate Loans of the same Kind in accordance with this clausesubsection, such LIBOR Rate Loans will automatically convert into Prime corresponding Base Rate Loans.