Requirements for Optional Repayments and Conversions Sample Clauses

Requirements for Optional Repayments and Conversions. Each optional repayment pursuant to Section 6.2 and conversion pursuant to Section 3.7 shall be subject to the following terms and conditions:
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Requirements for Optional Repayments and Conversions. Each optional repayment pursuant to Section 6.2 and conversion pursuant to Section 3.7 shall be subject to the following terms and conditions: 6.3.1 Each optional repayment shall be subject to the delivery of a Notice of Optional Repayment to the Agent at least two (2) Banking Days prior to such repayment and shall be made on such Optional Repayment Date specified in such Notice of Optional Prepayment. 6.3.2 Each conversion from a Prime Rate Loan shall be in a minimum amount of C$500,000 or such larger amount as is an integral multiple of C$100,000 and shall be made on the Banking Day specified in the Notice of Conversion. 6.3.3 Each conversion from a US Base Rate Loan shall be in a minimum amount of US$500,000 or such larger amount as is an integral multiple of US$100,000 and shall be made on the Banking Day specified in the Notice of Conversion. 6.3.4 Each conversion from a SOFR Loan shall be in a minimum amount of US$1,000,000 or such larger amount as is an integral multiple of US$500,000 and shall be made on the Banking Day specified in the Notice of Conversion. 6.3.5 Each conversion from a Term XXXXX Loan or a Daily Compounded XXXXX Loan shall be in a minimum amount of C$1,000,000 or such larger amount as
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Related to Requirements for Optional Repayments and Conversions

  • Optional Repayments The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.

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