Common use of Other LIBOR Provisions Clause in Contracts

Other LIBOR Provisions. (i) Subject to the provisions of this Agreement, the Borrowing Agent, shall have the option (A) as of any date, to convert all or any part of the Prime Rate Loans made to Borrowers to, or request that new Loans be made to Borrowers as, LIBOR Rate Loans of various Interest Periods, (B) as of the last day of any Interest Period, to continue all or any portion of the relevant LIBOR Rate Loans as LIBOR Rate Loans; (C) as of the last day of any Interest Period, to convert all or any portion of the relevant LIBOR Rate Loans to Prime Rate Loans; and (D) at any time, to request new Loans as Prime Rate Loans; provided, that Loans may not be made or continued as or converted to LIBOR Rate Loans, if the continuation or conversion thereof would violate the provisions of subsections 4(b)(ii) or 4(b)(iii) of this Agreement or if an Event of Default exists.

Other LIBOR Provisions. (i) Subject to the provisions of this AgreementAgreement and so long as no Event of Default exists, the Borrowing Agent, each Borrower shall have the option (A) as of any date, to convert all or any part of the Prime Rate Loans made to Borrowers to, or request that new Loans be made to Borrowers as, LIBOR Rate Loans of various Interest Periods, (B) as of the last day of any Interest Period, to continue all or any portion of the relevant LIBOR Rate Loans as LIBOR Rate Loans; (C) as of the last day of any Interest Period, to convert all or any portion of the relevant LIBOR Rate Loans to Prime Rate Loans; and (D) at any time, to request new Loans as Prime Rate Loans; provided, that Loans may not be made or continued as or converted to LIBOR Rate Loans, Loans if the continuation or conversion thereof would violate the provisions of subsections 4(b)(ii) or 4(b)(iii) of this Agreement or if an Event of Default existshas occurred. Furthermore, during the continuance of an Event of Default, Agent may in its sole discretion elect to convert all LIBOR Rate Loans to Prime Rate Loans as of any date.

Other LIBOR Provisions. (ia) Subject to the provisions of this Agreement, the Borrowing Agent, Borrower shall have the option (Ai) as of any date, to convert all or any part of the Prime Rate Loans made to Borrowers to, or request that new Loans be made to Borrowers as, LIBOR Rate Loans of various Interest Periods, (Bii) as of the last day of any Interest PeriodPeriod related thereto, to continue all or any portion of the relevant LIBOR Rate Loans as LIBOR Rate Loans; (Ciii) as of the last day of any Interest Period, to convert all or any portion of the relevant LIBOR Rate Loans to Prime Rate Loans; and (Div) at any time, to request new Loans as Prime Rate Loans; provided, that Loans may not be made borrowed as, or continued as or converted to to, LIBOR Rate Loans, if the any such continuation or conversion thereof would violate the provisions of subsections 4(b)(iisubparagraphs (3).(1)(b) or 4(b)(iii(3).(1)(c) of this Agreement Exhibit A or if an Event of Default existshas occurred.

Other LIBOR Provisions. (i) Subject to the provisions of this AgreementAgreement and so long as no Event of Default exists, the Borrowing Agent, each Borrower shall have the option (A) as of any date, to convert all or any part of the Prime Base Rate Loans made to Borrowers to, or request that new Loans be made to Borrowers as, LIBOR Rate Loans of various Interest Periods, (B) as of the last day of any Interest Period, to continue all or any portion of the relevant LIBOR Rate Loans as LIBOR Rate Loans; (C) as of the last day of any Interest Period, to convert all or any portion of the relevant LIBOR Rate Loans to Prime Base Rate Loans; and (D) at any time, to request new Loans as Prime Base Rate Loans; provided, that Loans may not be made or continued as or converted to LIBOR Rate Loans, Loans if the continuation or conversion thereof would violate the provisions of subsections 4(b)(ii) or 4(b)(iii) of this Agreement or if an Event of Default existshas occurred. Furthermore, during the continuance of an Event of Default, Agent may in its sole discretion elect to convert all LIBOR Rate Loans to Base Rate Loans as of any date.