Common use of Requirements for Optional Repayments and Conversions and Rollovers of Loan Clause in Contracts

Requirements for Optional Repayments and Conversions and Rollovers of Loan. Each optional repayment pursuant to Section 8.2, Section 8.4 , Section 8.6 and Section 8.8, each conversion pursuant to Section 3.8, Section 5.6, Section 6.6 and Section 7.6shall be subject to the following terms and conditions: 8.9.1 each repayment or prepayment under Section 8.2, Section 8.4, Section 8.6 and Section 8.8, shall be in a minimum amount of C$1,000,000 or, if the Advance was in USDollars, US$1,000,000 or such larger amount as is an integral multiple of C$100,000 or US$100,000 as the case may be, and shall be made on a Banking Day, if only CDollars are repaid or prepaid, or on a Business Day, in all other cases, specified in the Notice of Optional Repayment; 8.9.2 each conversion to a Canadian 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 a Banking Day specified in the Notice of Conversion; 8.9.3 each conversion to a US Base Rate Loan or US Prime 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 a Business Day specified in the Notice of Conversion; 8.9.4 each conversion to, or rollover of, a SOFR 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 a Business Day specified in the Notice of Conversion; 8.9.5 each conversion to, or rollover of, a Bankers’ Acceptance 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 a Banking Day specified in the Notice of Conversion; 8.9.6 the relevant Borrower shall have given the Administrative Agent notice in accordance with Sections 3.4, 3.8, 5.3, 5.6, 6.3, 6.6, 7.3, 7.6, 8.14, 10.2 and 10.3 as applicable, for each repayment, each prepayment, each rollover and each conversion, each notice stating the proposed date of the repayment, prepayment, rollover or conversion and either the aggregate principal amount and currency of the repayment or prepayment or the aggregate principal amount and currency of the Converted Advance or Rollover Advance and the type of Conversion Advance or Rollover Advance; 8.9.7 if a Notice of Optional Repayment is given, it shall be irrevocable and binding on the relevant Borrower and the relevant Borrower shall repay on the Optional Repayment Date specified in such notice in the relevant currency, as the case may be, the amount stated in such notice with accrued interest to the date of such repayment or prepayment; 8.9.8 if a Notice of Conversion is given it shall be irrevocable and binding on the relevant Borrower; 8.9.9 if a Notice of Rollover is given it shall be irrevocable and binding on the relevant Borrower; 8.9.10 any repayment of or conversion from any SOFR Loan Portion or Bankers’ Acceptance shall be made only on the last day of the then current Interest Period applicable to such SOFR Loan Portion or the maturity date of such Bankers’ Acceptance, respectively, so to be repaid or converted; and 8.9.11 should any such repayment or conversion result in the repayment of or conversion from any SOFR Loan Portion on a day other than the last day of the then current Interest Period of such SOFR Loan Portion, the relevant Borrower shall, in addition, pay to the Lender the amount calculated as set forth in Section 12.10.3.

Requirements for Optional Repayments and Conversions and Rollovers of Loan. Each optional repayment pursuant to Section 8.2, Section 8.4 , Section 8.6 and Section 8.8, each conversion pursuant to Section 3.8, Section 5.6, Section 6.6 and Section 7.6shall be subject to the following terms and conditions: 8.9.1 each repayment or prepayment under Section 8.2, Section 8.4, Section 8.6 and Section 8.8, shall be in a minimum amount of C$1,000,000 or, if the Advance was in USDollars, US$1,000,000 or such larger amount as is an integral multiple of C$100,000 or US$100,000 as the case may be, and shall be made on a Banking Day, if only CDollars are repaid or prepaid, or on a Business Day, in all other cases, specified in the Notice of Optional Repayment; 8.9.2 each conversion to a Canadian 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 a Banking Day specified in the Notice of Conversion; 8.9.3 each conversion to a US Base Rate Loan or US Prime 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 a Business Day specified in the Notice of Conversion; 8.9.4 each conversion to, or rollover of, a SOFR LIBO 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 a Business Day specified in the Notice of Conversion; 8.9.5 each conversion to, or rollover of, a Bankers’ Acceptance 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 a Banking Day specified in the Notice of Conversion; 8.9.6 the relevant Borrower shall have given the Administrative Agent notice in accordance with Sections 3.4, 3.8, 5.3, 5.6, 6.3, 6.6, 7.3, 7.6, 8.14, 10.2 and 10.3 as applicable, for each repayment, each prepayment, each rollover and each conversion, each notice stating the proposed date of the repayment, prepayment, rollover or conversion and either the aggregate principal amount and currency of the repayment or prepayment or the aggregate principal amount and currency of the Converted Advance or Rollover Advance and the type of Conversion Advance or Rollover Advance; 8.9.7 if a Notice of Optional Repayment is given, it shall be irrevocable and binding on the relevant Borrower and the relevant Borrower shall repay on the Optional Repayment Date specified in such notice in the relevant currency, as the case may be, the amount stated in such notice with accrued interest to the date of such repayment or prepayment; 8.9.8 if a Notice of Conversion is given it shall be irrevocable and binding on the relevant Borrower; 8.9.9 if a Notice of Rollover is given it shall be irrevocable and binding on the relevant Borrower; 8.9.10 any repayment of or conversion from any SOFR LIBO Rate Loan Portion or Bankers’ Acceptance shall be made only on the last day of the then current Interest Period applicable to such SOFR LIBO Rate Loan Portion or the maturity date of such Bankers’ Acceptance, respectively, so to be repaid or converted; and 8.9.11 should any such repayment or conversion result in the repayment of or conversion from any SOFR LIBO Rate Loan Portion on a day other than the last day of the then current Interest Period of such SOFR LIBO Rate Loan Portion, the relevant Borrower shall, in addition, pay to the Lender the amount calculated as set forth in Section 12.10.3.

Requirements for Optional Repayments and Conversions and Rollovers of Loan. Each optional repayment pursuant to Section 8.2, Section 8.4 , Section 8.6 and Section 8.8, each conversion pursuant to Section 3.8, Section 5.6, Section 6.6 and Section 7.6shall be subject to the following terms and conditions: 8.9.1 each repayment or prepayment under Section 8.2, Section 8.4, Section 8.6 and Section 8.8, shall be in a minimum amount of C$1,000,000 or, if the Advance was in USDollars, US$1,000,000 or such larger amount as is an integral multiple of C$100,000 or US$100,000 as the case may be, and shall be made on a Banking Day, if only CDollars are repaid or prepaid, or on a Business Day, in all other cases, specified in the Notice of Optional Repayment; 8.9.2 each conversion to a Canadian 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 a Banking Day specified in the Notice of Conversion; 8.9.3 each conversion to a US Base Rate Loan or US Prime 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 a Business Day specified in the Notice of Conversion; 8.9.4 each conversion to, or rollover of, a LIBO Rate SOFR 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 a Business Day specified in the Notice of Conversion; 8.9.5 each conversion to, or rollover of, a Bankers’ Acceptance 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 a Banking Day specified in the Notice of Conversion; 8.9.6 the relevant Borrower shall have given the Administrative Agent notice in accordance with Sections 3.4, 3.8, 5.3, 5.6, 6.3, 6.6, 7.3, 7.6, 8.14, 10.2 and 10.3 as applicable, for each repayment, each prepayment, each rollover and each conversion, each notice stating the proposed date of the repayment, prepayment, rollover or conversion and either the aggregate principal amount and currency of the repayment or prepayment or the aggregate principal amount and currency of the Converted Advance or Rollover Advance and the type of Conversion Advance or Rollover Advance; 8.9.7 if a Notice of Optional Repayment is given, it shall be irrevocable and binding on the relevant Borrower and the relevant Borrower shall repay on the Optional Repayment Date specified in such notice in the relevant currency, as the case may be, the amount stated in such notice with accrued interest to the date of such repayment or prepayment; 8.9.8 if a Notice of Conversion is given it shall be irrevocable and binding on the relevant Borrower; 8.9.9 if a Notice of Rollover is given it shall be irrevocable and binding on the relevant Borrower; 8.9.10 any repayment of or conversion from any LIBO Rate SOFR Loan Portion or Bankers’ Acceptance shall be made only on the last day of the then current Interest Period applicable to such LIBO Rate SOFR Loan Portion or the maturity date of such Bankers’ Acceptance, respectively, so to be repaid or converted; and 8.9.11 should any such repayment or conversion result in the repayment of or conversion from any LIBO Rate SOFR Loan Portion on a day other than the last day of the then current Interest Period of such LIBO Rate SOFR Loan Portion, the relevant Borrower shall, in addition, pay to the Lender the amount calculated as set forth in Section 12.10.3.