Common use of Selection, Conversion or Continuation of Loans; LIBOR Availability Clause in Contracts

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight LIBOR Loans outstanding at any one time under the Revolver Facility.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Default or Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,0002,000,000 or any whole multiple of $500,000 in excess thereof, in the case of or a LIBOR Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 250,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 2,000,000 or any whole multiple of $500,000 in excess thereof into a one or more LIBOR LoanLoans, (iii) upon the expiration of its any Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 2,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans for such new Interest Period(s) as selected by Borrower, subject to the other provisions herein. Each LIBOR Loan must be made under the Term Loan A Facility, the Term Loan B Facility or the Revolving Loan Facility, but may not be made under more than one concurrently. During any period in which any Default or Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan Loans and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In Notwithstanding the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Periodforegoing, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall there may be no more than an aggregate a total of eight ten (10) LIBOR Loans outstanding under the Facilities at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. Each LIBOR Loan shall be made under any one of the Revolver Facility, the Term Loan A Facility, the Term Loan B Facility, or any Incremental Term Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight five (5) LIBOR Loans outstanding at any one time under the Revolver any Facility.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, The Borrower shall have the option to (i) select all or any part of a new borrowing under the Term Loan Facility to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a an aggregate principal amount equal to at least $100,00025,000,000, and in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or in any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a any Base Rate Loan Loan(s) in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans, for such new Interest Period(s) as selected by the Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, absent agreement of the Requisite Lenders to the contrary, such Loans shall be converted into a Base Rate Loan Loans and the LIBOR option will not be available to the Borrower until all Events of Default are cured or waived. In If the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, the Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five LIBOR Loans and Base Rate Loans outstanding under the Term Loan Facility at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, The Borrower shall have the option to (i) select all or any part of a new borrowing under the Term Loan Facility to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, 250,000 and any whole multiple of $100,000 in excess thereof and in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a any Base Rate Loan Loan(s) in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans, for such new Interest Period(s) as selected by the Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to the Borrower until all Events of Default are cured or waived. In the event the Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, the Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five LIBOR or Base Rate Loans outstanding under the Term Loan Facility at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Default or Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate LIBOR Loan or a LIBOR Loan(a) under either of the Term Loan Facilities, in the case of a Base Rate Loan in a principal amount equal to at least $100,0005,000,000 or any whole multiple of $1,000,000 in excess thereof, in and (b) under the case of a LIBOR Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan (a) under either of the Term Loan Facilities, in a principal amount equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof into a LIBOR Loan, and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loanthereof, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan (a) under either of the Term Loan Facilities, in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more LIBOR Loans in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof thereof, for such new Interest Period(s) as selected by Borrower. Each LIBOR Loan may be made under either one of the Term Loan Facilities or the Revolving Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Default or Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Defaults and Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five (5) LIBOR Loans outstanding under the Term Loan Facilities at any one time and no more than an aggregate of three (3) LIBOR Loans outstanding under the Revolver FacilityRevolving Loan Facility at any one time.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing under the Revolver Facility or the Term Loan A Facility to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its LIBOR Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its LIBOR Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new LIBOR Interest Period(s) as selected by Borrower. Each LIBOR Loan shall be made under any one of the Revolver Facility, the Fixed Term Loan Facility after the Fixed Term Loan Termination Date, or any other Term Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Event of Default is continuing, as the LIBOR Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any LIBOR Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight six (6) LIBOR Loans outstanding at any one time in the aggregate under all of the Revolver Facility.Facilities. Credit Agreement/Shenandoah Telecommunications Company

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no thatno Default or Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate LIBOR Loan or a LIBOR Loan(a) under either of the Term Loan Facilities, in the case of a Base Rate Loan in a principal amount equal to at least $100,0005,000,000 or any whole multiple of $1,000,000 in excess thereof, in and (b) under the case of a LIBOR Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan (a) under either of the Term Loan Facilities, in a principal amount equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof into a LIBOR Loan, and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loanthereof, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan (a) under either of the Term Loan Facilities, in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more LIBOR Loans in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof thereof, for such new Interest Period(s) as selected by BorrowerXxxxxxxx. Each LIBOR Loan may be made under either one of the Term Loan Facilities or the Revolving Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Default or Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Defaults and Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five (5) LIBOR Loans outstanding under the Term Loan Facilities at any one time and no more than an aggregate of three (3) LIBOR Loans outstanding under the Revolver FacilityRevolving Loan Facility at any one time.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. Each LIBOR Loan shall be made under any one of the Revolver Facility, the Term Loan A-1 Facility, the Term Loan A-2 Facility, or any Incremental Term Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight five (5) LIBOR Loans outstanding at any one time under the Revolver any Facility.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Default or Event of Default has occurred and is then continuing, Borrower shall have the Second Amended and Restated Credit Agreement/D&E Communications, Inc. option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,0002,000,000 or any whole multiple of $500,000 in excess thereof, in the case of or a LIBOR Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 250,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 2,000,000 or any whole multiple of $500,000 in excess thereof into a one or more LIBOR LoanLoans, (iii) upon the expiration of its any Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 2,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans for such new Interest Period(s) as selected by Borrower, subject to the other provisions herein. Each LIBOR Loan must be made under the Term Loan A Facility, the Term Loan B Facility or the Revolving Loan Facility, but may not be made under more than one concurrently. During any period in which any Default or Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan Loans and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In Notwithstanding the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Periodforegoing, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall there may be no more than an aggregate a total of eight ten (10) LIBOR Loans outstanding under the Facilities at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be (a) a Base Rate Loan or a LIBOR Loan, in portion of the case of a Base Rate Loan in a principal amount equal to at least $100,000100,000 or any whole multiple of $5,000 in excess thereof, in the case of (b) a LIBOR Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 100,000 in excess thereofthereof or (c) a Swingline Loan in a principal amount equal to $50,000 or any whole multiple of $5,000 in excess thereof (except in connection with a borrowing made pursuant to Subsection 1.3(B), in which case no minimums or multiples shall apply), (ii) convert at any time all or any portion of a the Base Rate Loan or of the Fixed Rate Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 100,000 in excess thereof into a LIBOR Loan, and (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan in a principal amount equal to $500,000 or any whole multiple of $100,000 in excess thereof into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a the Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. Each LIBOR Loan must be made under a single Facility. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period or of the Fixed Rate Period, Borrower shall be deemed to have elected to have such amount constitute a portion of the Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate a total of eight ten LIBOR Loans outstanding under the Facilities at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, The Borrower shall have the option to (i) select all or any part of a new borrowing under the Term Loan Facility to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a an aggregate principal amount equal to at least $100,00025,000,000 and any whole multiple of $250,000 in excess thereof, and in the case any portion of such borrowing is a LIBOR Loan, such LIBOR Loan shall be in a principal amount equal to $1,000,000 or in any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a any Base Rate Loan Loan(s) in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans, for such new Interest Period(s) as selected by the Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to the Borrower until all Events of Default are cured or waived. In the event the Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, the Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five LIBOR or Base Rate Loans outstanding under the Term Loan Facility at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Default or Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate LIBOR Loan or a LIBOR Loan(a) under either of the Term Loan Facilities, in the case of a Base Rate Loan in a principal amount equal to at least $100,0005,000,000 or any whole multiple of $1,000,000 in excess thereof, in and (b) under the case of a LIBOR Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan (a) under either of the Term Loan Facilities, in a principal amount equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof into a LIBOR Loan, and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loanthereof, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan (a) under either of the Term Loan Facilities, in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more LIBOR Loans in a principal amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (b) under the Revolving Loan Facility, in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof thereof, for such new Interest Period(s) as selected by BorrowerXxxxxxxx. Each LIBOR Loan may be made under either one of the Term Loan Facilities or the Revolving Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Default or Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Defaults and Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate of eight five (5) LIBOR Loans outstanding under the Term Loan Facilities at any one time and no more than an aggregate of three (3) LIBOR Loans outstanding under the Revolver FacilityRevolving Loan Facility at any one time.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be (a) a Base Rate Loan or a LIBOR Loan, in portion of the case of a Base Rate Loan in a principal amount equal to at least $100,000100,000 or any whole multiple of $5,000 in excess thereof, in the case of (b) a LIBOR Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 100,000 in excess thereof or (c) a Swingline Loan in a principal amount equal to $50,000 or any whole multiple of $5,000 in excess thereof, (ii) convert at any time all or any portion of a the Base Rate Loan or of the Fixed Rate Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 100,000 in excess thereof into a LIBOR Loan, and (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan in a principal amount equal to $500,000 or any whole multiple of $100,000 in excess thereof into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a the Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. Each LIBOR Loan must be made under a single Facility. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period or of the Fixed Rate Period, Borrower shall be deemed to have elected to have such amount constitute a portion of the Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate a total of eight ten LIBOR Loans outstanding under the Facilities at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. Each LIBOR Loan shall be made under any one of the Revolver Facility, the Term Loan Facility, or any Incremental Term Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight five LIBOR Loans outstanding at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuing, Borrower shall have the option to (i) select all or any part of a new borrowing to be (a) a Base Rate Loan or a LIBOR Loan, in portion of the case of a Base Rate Loan in a principal amount equal to at least $100,000100,000 or any whole multiple of $5,000 in excess thereof, in the case of (b) a LIBOR Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 100,000 in excess thereof, (c) a Swingline Loan in a principal amount equal to $50,000 or any whole multiple of $5,000 in excess thereof or (d) a Quoted Rate Loan in a principal amount equal to $10,000,000 or any whole multiple of $1,000,000 in excess thereof, (ii) convert at any time all or any portion of a the Base Rate Loan in a principal amount equal to $1,000,000 500,000 or any whole multiple of $500,000 250,000 in excess thereof into a LIBOR Loan or in a principal amount equal to $10,000,000 or any whole multiple of $1,000,000 in excess thereof into a Quoted Rate Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a the Base Rate LoanLoan or into a Quoted Rate Loan in a principal amount equal to $10,000,000 or any whole multiple of $1,000,000 in excess thereof for such new Quoted Rate Period(s) as selected by Borrower or upon the expiration of its Quoted Rate Period, or convert all or any part of any Quoted Rate Loan into the Base Rate Loan or into a LIBOR Loan in a principal amount equal to $500,000 or any whole multiple of $100,000 in excess thereof for such new Interest Period(s) as selected by Borrower, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan in a principal amount equal to $500,000 or any whole multiple of $100,000 in excess thereof into one or more LIBOR Loans for such new Interest Period(s) as selected by Borrower, or upon the expiration of its Quoted Rate Period, continue any Quoted Rate Loan in a principal amount of equal to $1,000,000 10,000,000 or any whole multiple of $500,000 1,000,000 in excess thereof into one or more Quoted Rate Loans for such new Interest Quoted Rate Period(s) as selected by Borrower. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans and Quoted Rate Loans then in effect expire, such Loans shall be converted into a the Base Rate Loan and the LIBOR option and the Quoted Rate option will not be available to Borrower until all Events of Default are cured or waived. Each LIBOR Loan or Quoted Rate Loan must be made under a single Facility. In the event Borrower fails to elect a LIBOR Loan or Quoted Rate Loan upon any advance hereunder or upon the termination of any Interest Period or Quoted Rate Period, Borrower shall be deemed to have elected to have such amount constitute a portion of the Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate a total of eight ten LIBOR Loans and Quoted Rate Loans outstanding under the Facilities at any one time under the Revolver Facilitytime.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuingcontinuing and except as provided in Subsection 1.1(G), Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of a Base Rate Loan in a principal amount equal to at least $100,000, in the case of a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of $1,000,000 or any whole multiple of $500,000 in excess thereof for such new Interest Period(s) as selected by Borrower. Each LIBOR Loan shall be made under any one of the Revolver Facility, the Term Loan A Facility, the Term Loan B Facility, the Term Loan C Facility, or any Incremental Term Loan Facility, but may not be made under more than one Facility concurrently. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or upon the termination of any Interest Period, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall be no more than an aggregate of eight five (5) LIBOR Loans outstanding at any one time under the Revolver any Facility.

Selection, Conversion or Continuation of Loans; LIBOR Availability. Provided that no Event of Default has occurred and is then continuingcontinuing and except as provided in Subsection 1.1(D), Borrower shall have the option to (i) select all or any part of a new borrowing to be a Base Rate Loan or a LIBOR Loan, in the case of (a) a Base Rate Loan in a principal amount equal to at least $100,000100,000 or any whole multiple of $5,000 in excess thereof, in the case of or (b) a LIBOR Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 100,000 in excess thereof, (ii) convert at any time all or any portion of a Base Rate Loan in a principal amount equal to $1,000,000 or any whole multiple of $500,000 100,000 in excess thereof into a LIBOR Loan, (iii) upon the expiration of its Interest Period, convert all or any part of any LIBOR Loan into a Base Rate Loan, and (iv) upon the expiration of its Interest Period, continue any LIBOR Loan into one or more LIBOR Loans in a principal amount of equal to $1,000,000 or any whole multiple of $500,000 100,000 in excess thereof into one or more LIBOR Loans for such new Interest Period(s) as selected by Borrower, and (iv) upon payment of any applicable Breakage Fees required by Subsection 1.4(C), convert all, but not less than all, of the Term Loan A into a LIBOR Loan for an Interest Period equal to the Interpolated Term Loan A LIBOR Period. During any period in which any Event of Default is continuing, as the Interest Periods for LIBOR Loans then in effect expire, such Loans shall be converted into a Base Rate Loan and Loans and, unless otherwise agreed to by Requisite Lenders, the LIBOR option will not be available to Borrower until all Events of Default are cured or waived. Each LIBOR Loan shall be made under either the Revolving Loan Facility, the Term Loan A Facility or the Term Loan B Facility, but a single LIBOR Loan may not be made under more than one Facility concurrently. In the event Borrower fails to elect a LIBOR Loan upon any advance hereunder or hereunder, upon the termination of any Interest Period (including the termination of the Interpolated Term Loan A LIBOR Period, if any, and the Interpolated Term Loan B LIBOR Period), or, with respect to the principal amount of the Term Loan A, upon its conversion to a Term Loan B borrowing on the Term Loan A Maturity Date, Borrower shall be deemed to have elected to have such amount constitute a Base Rate Loan. There shall Notwithstanding the foregoing, there may be no more than an aggregate a total of eight five LIBOR Loans outstanding under each of the Revolving Loan Facility and the Term Loan B Facility at any one time time, and no more than a single LIBOR Loan outstanding under the Revolver FacilityTerm Loan A Facility at any one time.