Common use of Pursuant to Subparagraph Clause in Contracts

Pursuant to Subparagraph. 2.01(d) of the Credit Agreement, Borrower hereby irrevocably requests to convert a Borrowing as follows: (a) The Borrowing to be converted consists of ["Base Rate" or "LIBOR"] Loans in the aggregate principal amount of $__________ which were initially advanced to Borrower on __________, ____; (b) The Loans in the Borrowing are to be converted into ["Base Rate" or "LIBOR"] Loans; (c) If such Loans are to be converted into LIBOR Loans, the initial Interest Period for such Loans commencing upon conversion will be __________ months; and (d) The date of the requested conversion is to be __________, ____.

Appears in 2 contracts

Samples: Credit Agreement (Lam Research Corp), Credit Agreement (Silicon Valley Group Inc)

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Pursuant to Subparagraph. 2.01(d) of the Credit Agreement, Borrower hereby irrevocably requests to convert a Borrowing as follows: (a) The Borrowing to be converted consists of ["Base Rate" or "LIBOR"] Loans in the aggregate principal amount of $__________ which were initially advanced to Borrower on __________, ____; (b) The Loans in the Borrowing are to be converted into ["Base Rate" or "LIBOR"] Loans; (c) If such Loans are to be converted into LIBOR Loans, the initial Interest Period for such Loans commencing upon conversion will be __________ months; and (d) The date of the requested conversion is to be __________, ____.

Appears in 1 contract

Samples: Credit Agreement (Indus International Inc)

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Pursuant to Subparagraph. 2.01(d) of the Credit Agreement, Borrower hereby irrevocably requests to convert a Borrowing as follows: (a) The Borrowing to be converted consists of ["Base Rate" or "LIBOR"] Loans in the aggregate principal amount of $__________ which were initially advanced to Borrower on __________, ____; (b) The Revolving Loans in the Borrowing are to be converted into ["Base Rate" or "LIBOR"] Loans; (c) If such Revolving Loans are to be converted into LIBOR Loans, the initial Interest Period for such Revolving Loans commencing upon conversion will be [__________ monthsmonth[s]]; and (d) The date of the requested conversion is to be __________, ____.

Appears in 1 contract

Samples: Credit Agreement (Quantum Corp /De/)

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