Optional Prepayments and Conversions. The Company shall have the right to prepay Loans of any Class and to convert Loans from one Type into Loans of another Type, at any time or from time to time subject to the limitations contained in Section 4.02; provided, that the Company shall give the Administrative Agent notice of each such prepayment as provided in Section 5.05 hereof. Any prepayment of Term Loans under this Section 3.02(a) shall be applied ratably to the Term Loans of the applicable Class being prepaid and to the scheduled installments of principal of such Class of Term Loans in such order of application as the Company may direct (in the absence of any such direction, in direct order of maturity) and such prepaid amounts may not be reborrowed. Revolving Loans in one currency may not be converted to being Revolving Loans in another currency, but may be prepaid and reborrowed as provided herein.
Optional Prepayments and Conversions. The Company shall have the right to prepay Loans or to convert Loans of one Type into Loans of the other Type, at any time or from time to time, provided that: (i) the Company shall give the Administrative Agent notice of each such prepayment or conversion as provided in Section 5.05 hereof, and (ii) the prepayment or conversion of any Eurodollar Loan shall be subject to Section 6.05 hereof.
Optional Prepayments and Conversions. The Company shall have the right to prepay Committed Loans or to convert Committed Loans of one Type into Committed Loans of another Type, at any time or from time to time, provided that: (i) the Company shall give the Administrative Agent notice of each such prepayment or conversion as provided in Section 5.05 hereof, and (ii) except to the extent required pursuant to Section 6.04 hereof, Fixed Rate Loans may be prepaid or converted only on the last day of an Interest Period for such Loans. The Company may not prepay Competitive Loans or convert Competitive Loans from one Type to a different Type, except that the Company may prepay Competitive Loans to the extent required pursuant to Section 3.02(b).
Optional Prepayments and Conversions. (a) The Borrower shall have the right to make prepayments of principal, or to convert one type of Loan into another type of Loan, at any time and from time to time; provided that:
(i) the Borrower shall give the Agent notice of each such prepayment or conversion as provided in Section 2.08; (ii) Fixed Rate Loans may be prepaid or converted only on the last day of an Interest Period for such Loans; and (iii) any notice to convert a Loan to a Fixed Rate Loan may be given only on or after the Effective Date. Subject to the foregoing, the Borrower (with the written consent of the Pledgor who has pledged the Cash Collateral, which written consent shall have been delivered to the Agent at least one Banking Day prior to such prepayment) may use Cash Collateral to make prepayments of principal on the Loans.
(b) Facility A Loans may not be converted into Facility B Loans, and Facility B Loans may not be converted into Facility A Loans. Any prepayments of principal shall be applied to the Facility A Loans and Facility B Loans in such proportions as the Borrower may instruct the Agent at the time of prepayment (or, in the absence of such instructions, on a prorated basis); PROVIDED THAT no such allocation shall result in the Facility B Loans exceeding 25.4885302% of the principal amount of the total Loans outstanding; and PROVIDED FURTHER THAT, if at any time the Facility B Loans exceed 25.4885302% of the principal amount of the total Loans outstanding, all prepayments shall be applied to the Facility B Loans to the extent of such excess.
Optional Prepayments and Conversions. Each Borrower shall have the right to prepay Loans and to convert Loans in Dollars of one Type into Loans of the other Type, at any time or from time to time, provided, that the relevant Borrower shall give the Administrative Agent or the Multi-Currency Payment Agent, notice of each such prepayment as provided in Section 5.05 hereof. Any prepayment of Term Loans hereunder may not be reborrowed.
Optional Prepayments and Conversions. 25 Section 2.06.
Optional Prepayments and Conversions. The Borrower, at any time and from time to time, may prepay the unpaid principal amount of the Revolving Loans. Any optional prepayment made under this Section 2.10.2 shall not reduce the Commitment Amount.
Optional Prepayments and Conversions. (i) Each Borrower shall have the right to prepay Loans or to convert Loans of one Type into Loans of another Type, at any time or from time to time, provided that: (i) the applicable Borrower shall give the Administrative Agent notice of each such prepayment or conversion as provided in Section 5.05 hereof, (ii) except to the extent required pursuant to Section 6.04 hereof, Fixed Rate Loans may be prepaid or converted only on the last day of an Interest Period for such Loans, and (iii) no Foreign Currency Loan may be converted into a Base Rate Loan, a Eurodollar Loan or a Foreign Currency denominated in a different Designated Foreign Currency.
(ii) Each conversion and prepayment of principal of Loans under this Section 3.02(a) shall be in an aggregate principal amount equal to, (A) in the case of any Base Rate Loan or Canadian Base Rate Loan, $1,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), with minimum increments thereafter of $500,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), (B) in the case of any Fixed Rate Loan, $5,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), with minimum increments thereafter of $1,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), and (C) in the case of any Swing Loan, $500,000, with minimum increments thereafter of $250,000 (conversions or prepayments of Loans of different Types or, in the case of Fixed Rate Loans, having different Interest Periods, at the same time hereunder to be deemed separate conversions and prepayments for purposes of the foregoing, one for each Type or Interest Period).
Optional Prepayments and Conversions. Each Borrower shall have the right to make prepayments of principal, or to convert one type of Loan into another type of Loan, at any time or from time to time; provided that: (i) such Borrower shall give the Agent notice of each such prepayment or conversion as provided in Section 2.8; (ii) such Borrower will pay any amounts due under Section 3.5 if Fixed Rate Loans are prepaid or converted on a day that is not the last day of an Interest Period for such Loans; and (iii) neither Eurodollar Loans nor Money Market Loans shall be available if an Event of Default is then continuing.
Optional Prepayments and Conversions. The Borrowers shall have the right to make prepayments of principal, or to convert one type of Revolving Loan into another type of Revolving Loan, at any time or from time to time; provided that: (i) the Borrowers shall give the Bank notice of each such prepayment or conversion as provided in Section 2.8; and (ii) LIBOR Loans may be prepaid or converted only on the last day of an Interest Period for such Revolving Loans.
