Common use of Substitution of Loans Clause in Contracts

Substitution of Loans. On any day so long as a Termination Event has not occurred (or, if a Termination Event has occurred, the Administrative Agent has consented in its sole discretion), the Borrower may, subject to the conditions set forth in this Section 2.19 and subject to the other restrictions contained herein, replace any Loan with one or more Eligible Loans (each, a “Substitute Loan”); provided that no such replacement shall occur unless each of the following conditions is satisfied as of the date of such replacement and substitution:

Substitution of Loans. On any day so long as prior to the occurrence of a Termination Event has not occurred (or, if a and after the Termination Event has occurred, Date at the sole discretion of the Administrative Agent has consented in its sole discretionAgent), the Borrower may, subject to the conditions set forth in this Section 2.19 2.18 and subject to the other restrictions contained herein, replace any Loan with one or more Eligible Loans (each, a “Substitute Loan”); provided that no such replacement shall occur unless each of the following conditions is satisfied as of the date of such replacement and substitution:

Substitution of Loans. On any day so long as a Termination an Event of Default has not occurred (or, if a Termination an Event of Default has occurred, the Administrative Agent has consented in its sole discretion), the Borrower may, subject to the conditions set forth in this Section 2.19 and subject to the other restrictions contained herein, replace any Loan with one or more Eligible Loans (each, a “Substitute Loan”); provided that no such replacement shall occur unless each of the following conditions is satisfied as of the date of such replacement and substitution: