Common use of Repayments and Reborrowings of Eurodollar Revolving Loans Clause in Contracts

Repayments and Reborrowings of Eurodollar Revolving Loans. Upon at least one (1), with respect to items (B) and (C) of this sentence, or three (3), with respect to item (A) of this sentence, Business Days’ irrevocable prior written notice to the Administrative Agent, EnergySolutions shall specify whether all or a portion of each Eurodollar Revolving Loan outstanding on the Payment Date (A) is to be repaid and then reborrowed in whole or in part as one or more Eurodollar Revolving Loans for the Interest Period(s) selected, (B) is to be repaid and then reborrowed in whole or in part as one or more Base Rate Revolving Loans, or (C) is to be repaid and not reborrowed at that time.

Repayments and Reborrowings of Eurodollar Revolving Loans. Upon at least one (1), with respect to items (B) and (C) of this sentence, or three (3), with respect to item (A) of this sentence, Business Days’ ' irrevocable prior written notice to the Administrative Agent, EnergySolutions the Borrowers shall specify whether all or a portion of each Eurodollar Revolving Loan outstanding on the related Payment Date (A) is to be repaid and then reborrowed in whole or in part as one or more Eurodollar Revolving Loans for the Interest Period(s) selected, (B) is to be repaid and then reborrowed in whole or in part as one or more Base Rate Revolving Loans, or (C) is to be repaid and not reborrowed at that time.