Request for Conversions Sample Clauses

Request for Conversions. The Borrower may request the Lenders to convert all or any portion of any Type of the Loans into another Type of Loans or to rollover any Type of the Loans into the same Type, by delivering to the Administrative Agent a Conversion Request within the delays herein contemplated at any time before the Maturity Date. Any Conversion Request delivered on any Business Day after the time by which it is required hereunder to be delivered, shall be deemed to have been received the next following Business Day.
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Request for Conversions. The Borrower may request the Lenders to convert all or any portion of any Type of Advance other than LCs into another Type of Advance denominated in the same currency as the Type of Advance so converted or to rollover any Type of Advance into the same Type, by delivering to the Administrative Agent a Conversion Request within the delays herein contemplated. Any Conversion Request delivered after 11:00 a.m. (Montréal time) on any Business Day shall be deemed to have been received prior to 11:00 a.m. on the following Business Day. 8.2 Conversion or Rollover On the relevant Conversion Date, the Borrower shall be deemed to have repaid, without novation, such portion of the Type of Advance that it desires be converted or rolled-over and shall be deemed to have requested a Drawdown under the Revolving Facility in the amount and the Type of Advance into which it desires to convert or rollover. The provisions of this Agreement relating to Drawdowns shall apply mutatis mutandis to any such Advance requested by way of conversion or rollover. 8.3 Rollovers and Deemed Conversions of XXXXX Loans At or before 11:00 a.m. (Montréal time) on the third (3rd) Business Day before the Selected Maturity Date of a XXXXX Loan, the Borrower may, if it is entitled to do so in accordance with the provisions of Sections 8.1 and 8.4, deliver a Conversion Request to the Administrative Agent requesting a rollover of such XXXXX Loan and selecting the next XXXXX Interest Period applicable to such XXXXX Loan complying with the requirements of Section 5.1. Subject to the foregoing, if the Borrower requests such a rollover, such XXXXX Loan shall, subject to Section 12.2, continue as a XXXXX Loan for that new XXXXX Interest Period. If the Borrower fails or is not entitled to deliver to the Administrative Agent a Conversion Request in respect of a XXXXX Loan in accordance with the foregoing, then such XXXXX Loan shall, unless the 104822.00280/115572577.6305585250.30
Request for Conversions. Any Borrower may request the Lenders to convert, within the same Revolving Facility, all or any portion of any Type of the Loans into another Type of Loans or to rollover any Type of the Loans into the same Type, by delivering to the Administrative Agent a Conversion Request within the delays herein contemplated. Any Conversion Request relating to (i) the Cdn Revolving Facility must be issued by the Cdn Borrower, and (ii) the US Revolving Facility must be issued by the US Borrower. Any Conversion Request delivered on any Business Day after the time by which it is required hereunder to be delivered, shall be deemed to have been received the next following Business Day.
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