Common use of Repayments and Conversions Clause in Contracts

Repayments and Conversions. The Borrower may (A) repay or prepay a Base Rate Advance upon prior irrevocable telephonic notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date of repayment or prepayment, or (B) convert all or a portion of the principal amount of a Base Rate Advance to one or more Eurodollar Advances upon prior irrevocable written notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date three (3) Business Days prior to such conversion in the form of a Notice of Conversion/Continuation, or notice by telephone or telecopy followed immediately by a Notice of Conversion/Continuation. On the date indicated by the Borrower, such Base Rate Advance shall be so repaid or, as applicable, converted.

Repayments and Conversions. The A Borrower may (A) repay or prepay a Base Rate Advance upon prior irrevocable telephonic notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date of repayment or prepayment, or (B) convert all or a portion of the principal amount of a Base Rate Advance to one or more Eurodollar Advances upon prior irrevocable written notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date three (3) Business Days prior to such conversion in the form of a Notice of Conversion/Continuation, or notice by telephone or telecopy followed immediately by a PAGE 26 Notice of Conversion/Continuation. On the date indicated by the applicable Borrower, such Base Rate Advance shall be so repaid or, as applicable, converted.

Repayments and Conversions. The A Borrower may (A) repay or prepay a Base Rate Advance upon prior irrevocable telephonic notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date of repayment or prepayment, or (B) convert all or a portion of the principal amount of a Base Rate Advance to one or more Eurodollar Advances upon prior irrevocable written notice to the Administrative Agent not later than 11:00 a.m. (New York time) on the date three (3) Business Days prior to such conversion in the form of a Notice of Conversion/Continuation, or notice by telephone or telecopy followed immediately by a Notice of Conversion/Continuation. On the date indicated by the applicable Borrower, such Base Rate Advance shall be so repaid or, as applicable, converted.