Common use of Repayments and Conversions Clause in Contracts

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, or (B) upon at least three (3) Business Days’ irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 11 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Chicos Fas Inc)

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Repayments and Conversions. The Borrowers A Borrower may (Aa) subject to Section 2.5, at any time without prior notice repay or prepay a Base Rate Advance, or (Bb) upon at least three (3) Business Days' irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative such Borrower, such Base Rate Advance shall be so repaid or converted, as applicable.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.52.6, at any time without prior notice repay a Base Rate Advance, Loan or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof any Base Rate Loan to one or more Eurodollar AdvancesLoans. Upon the date indicated by the Administrative Borrower, such Base Rate Advance Loan shall be so repaid or converted.

Appears in 4 contracts

Samples: Credit Agreement (Vulcan Materials CO), Credit Agreement (Vulcan Materials CO), Day Credit Agreement (Vulcan Materials CO)

Repayments and Conversions. The Borrowers Administrative Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, or (B) upon at least three (3) Business Days’ irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 3 contracts

Samples: Credit Agreement (Haverty Furniture Companies Inc), Credit Agreement (Haverty Furniture Companies Inc), Credit Agreement (Haverty Furniture Companies Inc)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate AdvanceAdvance at any time, or (B) upon at least three (3) Business Days’ irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 2 contracts

Samples: Credit Agreement (Thomas & Betts Corp), Credit Agreement (Thomas & Betts Corp)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Loan or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Loan to one or more Eurodollar AdvancesLoans. Upon the date indicated by the Administrative Borrower, such Base Rate Advance Loan shall be so repaid or converted.

Appears in 2 contracts

Samples: Credit Agreement (Vulcan Materials CO), Credit Agreement (Vulcan Materials CO)

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior notice repay or prepay a Base Rate Advance, or (B) upon at least three (3) Business Days' irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 2 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

Repayments and Conversions. The Borrowers Each Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative such Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 2 contracts

Samples: Credit Agreement (Affinity Guest Services, LLC), Credit Agreement (Affinity Group Holding, Inc.)

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Advance or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Advance to one or more Eurodollar Advances. Upon the date indicated by the Administrative BorrowerBorrowers, such Base Rate Advance shall be so repaid or converted.

Appears in 2 contracts

Samples: Credit Agreement (Central Garden & Pet Co), Credit Agreement (Central Garden & Pet Co)

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Advance or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Advance to one or more Eurodollar SOFR Advances. Upon the date indicated by the Administrative BorrowerBorrowers, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, or (B) upon at least three (3) Business Days’ irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Gtsi Corp)

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Repayments and Conversions. The Borrowers Administrative Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, or (B) upon at least three (3) US Government Securities Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar EurodollarSOFR Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Haverty Furniture Companies Inc)

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Loan or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Loan to one or more Eurodollar AdvancesLoans. Upon the date indicated by the Administrative BorrowerBorrowers, such Base Rate Advance Loan shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Vulcan Materials CO)

Repayments and Conversions. The Borrowers Borrower Representative may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Borrowing or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Borrowing to one or more Eurodollar AdvancesBorrowings. Upon the date indicated by the Administrative BorrowerBorrower Representative, such Base Rate Advance Borrowing shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (RLJ Entertainment, Inc.)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.52.6, at any time without prior notice repay a Base Rate Advance, Loan or (B) upon at least three (3) U.S. Government Securities Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof any Base Rate Loan to one or more Eurodollar AdvancesEurodollarSOFR Loans. Upon the date indicated by the Administrative Borrower, such Base Rate Advance Loan shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Vulcan Materials CO)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate AdvanceAdvance at any time, or (B) upon at least three (3) Business Days' irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Repayments and Conversions. The Borrowers Borrower may (A) subject to Section 2.5, at any time without prior notice repay a Base Rate Advance, Advance or (B) upon at least three (3) Business Days’ Days irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof of any Base Rate Advance to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Installed Building Products, Inc.)

Repayments and Conversions. The Borrowers may (A) subject to Section 2.5, at any time without prior with same Business Day notice repay a Base Rate Advance, or (B) upon at least three (3) Business Days’ irrevocable prior written notice by the Administrative Borrower to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal thereof to one or more Eurodollar Advances. Upon the date indicated by the Administrative Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (New York Times Co)

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