Notice of Continuation/Conversion Sample Clauses

Notice of Continuation/Conversion. The Borrower hereby requests a continuation or conversion under the Credit Agreement, and in connection therewith such Borrower specifies the following information with respect to the continuation or conversion requested hereby:
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Notice of Continuation/Conversion. Exhibit II to the Credit Agreement is hereby amended by deleting it in its entirety and substituting therefor a new Exhibit II in the form of Annex D hereto.
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Notice of Continuation/Conversion. The undersigned, American Commercial Lines LLC (“Borrower Agent”), is a party to that certain Loan Agreement dated as of July 7, 2009 among the lending institutions from time to time party thereto (such financial institutions, together with their respective successors and assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), Bank of America, N.A., as administrative agent and collateral agent for the Lenders (in its capacity as administrative agent and collateral agent, the “Agent”) and as security trustee (in such capacity, the “Security Trustee”), Banc of America Securities LLC, Wachovia Capital Markets, LLC, UBS Securities LLC and Suntrust Xxxxxxxx Xxxxxxxx, Inc., as joint lead arrangers for the Lenders (in their respective capacities as joint lead arrangers, the “Joint Lead Arrangers”), Banc Of America Securities LLC, Wachovia Capital Markets, LLC, UBS Securities LLC and Suntrust Xxxxxxxx Xxxxxxxx, Inc., as joint book runners for the Lenders (in their respective capacities as joint book runners, the “Joint Book Runners”), Xxxxx Fargo Foothill, LLC, as syndication agent for the Lenders (in its capacity as syndication agent, the “Syndication Agent”), UBS Securities LLC, Suntrust Bank and RBS Business Capital, a division of RBS Asset Finance, Inc., a subsidiary of RBS Citizens, NA, as co-documentation agents for the Lenders (in their respective capacities as co-documentation agents, the “Co-Documentation Agents”), Commercial Barge Line Company, a Delaware corporation (“CBL”), American Commercial Lines LLC, a Delaware limited liability company (“ACL”), ACL Transportation Services LLC, a Delaware limited liability company (“ACLTS”) and Jeffboat LLC, a Delaware limited liability company (“ Jeffboat”; and together with CBL, ACL and ACLTS, each, individually a “Borrower” and collectively, the “Borrowers”), and each of the other Obligated Parties (as defined therein) signatory thereto (as from time to time amended, restated, renewed, extended, replaced, substituted, supplemented or otherwise modified in accordance with the terms thereof, the “Loan Agreement”). Each capitalized term herein shall, unless otherwise defined, have the meaning ascribed thereto in the Loan Agreement . Borrower Agent hereby notifies Agent, pursuant to Section 2.02(b) of the Loan Agreement, of Borrowers’ desire to convert or continue, subject to the terms of the Loan Agreement, the loan(s) designated below as follows (fill in all of the ...
Sample 1
Notice of Continuation/Conversion. TO: THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as Administrative Agent RE: Term Loan Agreement dated as of March 5, 2014 among Public Service Company of New Mexico (the “Borrower”), The Bank of Tokyo-Mitsubishi UFJ, LTD., (the “Administrative Agent”), and the Lenders identified therein (as the same may be amended, modified, extended or restated from time to time, the “Loan Agreement”) DATE: _____________, 201_
Sample 1
Notice of Continuation/Conversion. TO: XXXXXX COMMERCIAL PAPER INC., as Administrative Agent RE: Term Loan Agreement dated as of April 18, 2006 among PNM Resources, Inc. (the “Borrower”), Xxxxxx Commercial Paper Inc., as Administrative Agent, the Lenders named therein and Xxxxxx Brothers Inc. as sole lead arranger and sole book-manager (as the same may be amended, modified, extended or restated from time to time, the “Credit Agreement”) DATE: ___________, 200_
Sample 1
Notice of Continuation/Conversion. TO: Union Bank of California, N.A., as Administrative Agent RE: Credit Agreement dated as of October 31, 2008 among Texas-New Mexico Power Company, a Texas corporation (the “Borrower”),Union Bank of California, N.A., as Administrative Agent, and the Lenders named therein (as the same may be amended, modified, extended or restated from time to time, the “Credit Agreement”) DATE: _____________, 2008 ____________________________________________________________
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Related to Notice of Continuation/Conversion

  • Notice of Conversion/Continuation a Notice of Conversion/Continuation to be provided by Borrower Agent to request a conversion or continuation of any Loans as LIBOR Loans, in form satisfactory to Agent.

  • Conversion/Continuation Request A notice given by the Borrower to the Agent of its election to convert or continue a Loan in accordance with §4.1.

  • Conversion/Continuation (a) Subject to Section 2.18 and so long as no Default or Event of Default shall have occurred and then be continuing, Borrower shall have the option:

  • Conversion/Continuation Option (a) The Borrower may elect (i) at any time on any Business Day to convert Base Rate Loans (other than Swing Loans) or any portion thereof to Eurodollar Rate Loans and (ii) at the end of any applicable Interest Period, to convert Eurodollar Rate Loans or any portion thereof into Base Rate Loans or to continue such Eurodollar Rate Loans or any portion thereof for an additional Interest Period; provided, however, that the aggregate amount of the Eurodollar Loans for each Interest Period must be in the amount of at least $5,000,000 or an integral multiple of $1,000,000 in excess thereof. Each conversion or continuation shall be allocated among the Loans of each Lender in accordance with such Lender’s Ratable Portion. Each such election shall be in substantially the form of Exhibit F (Form of Notice of Conversion or Continuation) (a “Notice of Conversion or Continuation”) and shall be made by giving the Administrative Agent at least (x) three Business Days’ prior written notice in the case of a conversion to, or continuation of, Eurodollar Rate Loans or (y) one Business Day’s prior written notice in the case of a conversion to Base Rate Loans, each such notice specifying, as applicable, (A) the amount and type of Loan being converted or continued, (B) in the case of a conversion to, or a continuation of, Eurodollar Rate Loans, the applicable Interest Period and (C) in the case of a conversion, the date of such conversion.

  • Conversion and Continuation Elections (a) The Company may, upon irrevocable written notice to the Agent in accordance with subsection 2.4(b):

  • Conversion and Continuation Options (a) The Borrower or any Subsidiary Borrower may elect from time to time to convert Eurocurrency Loans to ABR Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 11:00 A.M., New York City time, on the Business Day preceding the proposed conversion date, provided that any such conversion of Eurocurrency Loans may only be made on the last day of an Interest Period with respect thereto. The Borrower or any Subsidiary Borrower may elect from time to time to convert ABR Loans to Eurocurrency Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 12:00 Noon, New York City time, on the third Business Day preceding the proposed conversion date (which notice shall specify the length of the initial Interest Period therefor), provided that no ABR Loan under a particular Facility may be converted into a Eurocurrency Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Majority Facility Lenders in respect of such Facility have determined in its or their sole discretion not to permit such conversions. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof.

  • Conversion and Continuation (i) Borrower may elect from time to time, subject to the other provisions of this Section 2.11, to convert all or any part of a ratable Advance into any other type of Advance; provided that any conversion of a ratable LIBOR Advance shall be made on, and only on, the last day of the LIBOR Interest Period applicable thereto.

  • Conversion and Continuation of Loans The Lead Borrower on behalf of the Borrowers shall have the right at any time,

  • Notice of Borrowing The Borrower shall request a Revolving Loan borrowing by written notice (or telephonic notice promptly confirmed in writing) to the Agent not later than 11:00 A.M. (Charlotte, North Carolina time) on the Business Day prior to the date of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans. Each such request for borrowing shall be irrevocable and shall specify (A) that a Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed, and (D) whether the borrowing shall be comprised of Base Rate Loans, Eurodollar Loans or a combination thereof, and if Eurodollar Loans are requested, the Interest Period(s) therefor. If the Borrower shall fail to specify in any such Notice of Borrowing (I) an applicable Interest Period in the case of a Eurodollar Loan, then such notice shall be deemed to be a request for an Interest Period of one month, or (II) the type of Revolving Loan requested, then such notice shall be deemed to be a request for a Base Rate Loan hereunder. The Agent shall give notice to each affected Lender promptly upon receipt of each Notice of Borrowing pursuant to this Section 2.1(b)(i), the contents thereof and each such Lender’s share of any borrowing to be made pursuant thereto.

  • Conversion and Continuation of Revolving Loans The Borrower shall have the right, subject to the terms and conditions of this Agreement, to (i) Convert all or a portion of the outstanding principal amount of Loans of one Type made to it into a Borrowing or Borrowings of another Type of Loans that can be made to it pursuant to this Agreement and (ii) Continue a Borrowing of Eurodollar Loans at the end of the applicable Interest Period as a new Borrowing of Eurodollar Loans with a new Interest Period; provided, however, that any Conversion of Eurodollar Loans into Base Rate Loans shall be made on, and only on, the last day of an Interest Period for such Eurodollar Loans.

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