Common use of Prepayments and Conversions or Continuations of Loans Clause in Contracts

Prepayments and Conversions or Continuations of Loans. (a) Subject to Section 4.04 hereof, the Company shall have the right to prepay Loans, or to Convert Loans of one Type into Loans of another Type or Continue Loans of one Type as Loans of the same Type, at any time or from time to time, provided that: (i) the Company shall give the Administrative Agent notice of each such prepayment, Conversion or Continuation as provided in Section 4.05 hereof (and, upon the date specified in any such notice of prepayment, the amount to be prepaid shall become due and payable hereunder), which notice shall, in the case of each Conversion or Continuation, be accompanied by the certificate specified in said Section 4.05; and (ii) any prepayment of or Conversion of any Eurodollar Loan on a day other than the last day of an Interest Period for such Loan shall be subject to Section 5.05 hereof. Notwithstanding the foregoing, and without limiting the rights and remedies of the Lenders under Section 9 hereof, in the event that any Event of Default shall have occurred and be continuing, the Administrative Agent may (and at the request of the Majority Lenders shall) suspend the right of the Company to Convert any Loan into a Eurodollar Loan, or to Continue any Loan as a Eurodollar Loan, in which event all Loans shall be Converted (on the last day(s) of the respective Interest Periods therefor) or Continued, as the case may be, as Base Rate Loans.

Prepayments and Conversions or Continuations of Loans. (a) Subject ----------------------------------------------------- to Section 4.04 hereof, the Company shall have the right to prepay Loans, or to Convert Loans of one Type into Loans of another Type or Continue Loans of one Type as Loans of the same Type, at any time or from time to time, provided that: -------- (ia) the Company shall give the Administrative Agent notice of each such prepayment, Conversion or Continuation as provided in Section 4.05 hereof (and, upon the date specified in any such notice of prepayment, the amount to be prepaid shall become due and payable hereunder)) and (b) Eurodollar Loans may be prepaid or Converted at any time from time to time, which notice shall, provided that the Company shall pay any amounts owing under Section 5.05 hereof in the case event of each Conversion or Continuation, be accompanied by the certificate specified in said Section 4.05; and (ii) any such prepayment of or Conversion of on any Eurodollar Loan on a day date other than the last day of an any Interest Period for such Loan shall be subject to Section 5.05 hereofLoans. Notwithstanding the foregoing, and without limiting the rights and remedies of the Lenders under Section 9 hereof, in the event Credit Agreement ---------------- that any Event of Default shall have occurred and be continuing, the Administrative Agent may (and at the request of the Majority Lenders shall) suspend the right of the Company to Convert any Loan into a Eurodollar Loan, or to Continue any Loan as a Eurodollar Loan, in which event all Loans shall be Converted (on the last day(s) of the respective Interest Periods therefor) or Continued, as the case may be, as Base Rate Loans.

Prepayments and Conversions or Continuations of Loans. (a) Subject to Section 4.04 hereof, the Company shall have the right to prepay Loans, or to Convert Loans of one Type into Loans of another Type or Continue Loans of one Type as Loans of the same Type, at any time or from time to time, provided that: (ia) the Company shall give the Administrative Agent notice of each such prepayment, Conversion or Continuation as provided in Section 4.05 hereof (and, upon the date specified in any such notice of prepayment, the amount to be prepaid shall become due and payable hereunder)) and (b) Eurodollar Loans may be prepaid or Converted at any time from time to time, which notice shall, provided that the Company shall pay any amounts owing under Section 5.05 hereof in the case event of each Conversion or Continuation, be accompanied by the certificate specified in said Section 4.05; and (ii) any such prepayment of or Conversion of on any Eurodollar Loan on a day date other than the last day of an any Interest Period for such Loan shall be subject to Section 5.05 hereofLoans. Notwithstanding the foregoing, and without limiting the rights and remedies of the Lenders under Section 9 hereof, in the event that any Event of Default shall have occurred and be continuing, the Administrative Agent may (and at the request of the Majority Lenders shall) suspend the right of the Company to Convert any Loan into a Eurodollar Loan, or to Continue any Loan as a Eurodollar Loan, in which event all Loans shall be Converted (on the last day(s) of the respective Interest Periods therefor) or Continued, as the case may be, as Base Rate Loans.

Prepayments and Conversions or Continuations of Loans. (a) Subject to Section 4.04 hereof, the Company shall have the right to prepay Loans, or to Convert Loans of one Type into Loans of another the other Type or Continue Loans of one Type as Loans of the same Type, at any time or from time to time, provided that: (ia) the Company shall give the Administrative Agent notice of each such prepayment, Conversion or Continuation as provided in Section 4.05 hereof (and, upon the date specified in any such notice of prepayment, the amount to be prepaid shall become due and payable hereunder), which notice shall, in the case of each Conversion ; (b) Eurodollar Loans may be prepaid or Continuation, be accompanied by the certificate specified in said Section 4.05; and (ii) any prepayment of or Conversion of any Eurodollar Loan Converted only on a day other than the last day of an Interest Period for such Loan Loans; and (c) prepayments of the Term Loans shall be subject applied to Section 5.05 hereofthe installments of the Term Loans ratably. Notwithstanding the foregoing, and without limiting the rights and remedies of the Lenders Banks under Section 9 hereof, in the event that any Event of Default shall have occurred and be continuing, the Administrative Agent may (and at the request of the Majority Lenders Banks shall) suspend the right of the Company to Convert any Loan into a Eurodollar Loan, or to Continue any Loan as a Eurodollar Loan, in which event all Loans shall be Converted (on the last day(s) of the respective Interest Periods therefor) or Continued, as the case may be, as Base Rate Loans.

Prepayments and Conversions or Continuations of Loans. (a) Subject to Section Sections 4.04 and 5 hereof, the Company shall have the right to prepay Syndicated Loans, or to Convert Syndicated Loans of one Type into Syndicated Loans of another Type or Continue Syndicated Loans of one Type as Syndicated Loans of the same Type, at any time or from time to time, provided that: (i) that the Company shall give the Administrative Agent notice of each such prepayment, Conversion or Continuation as provided in Section 4.05 hereof (and, upon the date specified in any such notice of prepayment, the amount to be prepaid shall become due and payable hereunder), which notice shall, in the case of each Conversion or Continuation, . Money Market Loans may not be accompanied by the certificate specified in said Section 4.05; and (ii) any prepayment of or Conversion of any Eurodollar Loan on a day other than the last day of an Interest Period for such Loan shall be subject to Section 5.05 hereofprepaid. Notwithstanding the foregoing, and without limiting the rights and remedies of the Lenders Banks under Section 9 hereof, in the event that any Event of Default shall have occurred and be continuing, the Administrative Agent may (and at the request of the Majority Lenders Banks shall) suspend the right of the Company to Convert any Loan into a Eurodollar Fixed Rate Loan, or to Continue any Loan as a Eurodollar Fixed Rate Loan, in which event all Loans shall be Converted (on the last day(s) of the respective Interest Periods therefor) or Continued, as the case may be, as Base Rate Loans.