Common use of Treatment of Affected Loans Clause in Contracts

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Guaranty Agreement (Windmere Durable Holdings Inc), Credit Agreement (Windmere Durable Holdings Inc)

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Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower Borrowers with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Breed Technologies Inc), Stock Pledge Agreement (Miller Industries Inc /Tn/)

Treatment of Affected Loans. If the obligation of any the Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such the Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such the Lender may specify to the Borrower with a copy to the AgentBorrower) and, unless and until such the Lender gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crown Crafts Inc), Revolving Credit Agreement (Crown Crafts Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 SECTION 3.15 or 6.3 hereof 3.17 (Loans of such Type being herein called "Affected LoansAFFECTED LOANS" and such Type being herein called the "Affected TypeAFFECTED TYPE"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereofSECTION 3.17, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 SECTION 3.15 or 6.3 hereof 3.17 that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 3.01 or 6.3 3.03 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 3.03 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 3.01 or 6.3 3.03 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Modis Professional Services Inc), Revolving Credit Agreement (Acsys Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Security Agreement (Ameristeel Finance Inc), Credit Agreement (Rexall Sundown Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Eurodollar Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (P F Changs China Bistro Inc), Credit Agreement (P F Changs China Bistro Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Insteel Industries Inc), Credit Agreement (Cone Mills Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan Loans or to Continueextend, or to Convert convert Base Rate Loans of any other Type into, Eurodollar Loans of a particular Type shall be suspended pursuant to Section 6.1 3.6 or 6.3 3.8 hereof (Revolving Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion conversion required by Section 6.3 3.8 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 3.6 or 6.3 3.8 hereof that gave rise to such Conversion conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Kendle International Inc), Credit Agreement (Kendle International Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Fixed Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan Loans or to Continueconvert Base Rate Loans into, or to Convert continue Eurodollar Loans of any other Type into, as Eurodollar Loans of a particular Type shall be suspended pursuant to Section 6.1 3.06 or 6.3 3.08 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's ’s Affected Loans shall be automatically Converted converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion conversion required by Section 6.3 3.08 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 3.06 or 6.3 3.08 hereof that gave rise to such Conversion conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (American Seafoods Group LLC)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.01 or 6.3 hereof 5.03 (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof5.03, on such earlier date as such Lender may specify to the Borrower with a copy to the Agentrequired by law) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.01 or 6.3 hereof 5.03 that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Providian Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower SEI with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Stewart Enterprises Inc)

Treatment of Affected Loans. If the obligation of any Lender to make Loans of a particular Type of Eurodollar Rate Loan or to ContinueType, or to Continue or Convert Loans of any other Type into, into Loans of a particular Type Type, shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for the Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or Section 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Loan and Security Agreement (Gni Group Inc /De/)

Treatment of Affected Loans. If the obligation of any the Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such the Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such the Lender may specify to the Borrower with a copy to the AgentLender) and, unless and until such the Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Term Credit Agreement (Hughes Supply Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof, on such earlier date as such Lender may specify to the Borrower Borrowers with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Pepsiamericas Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.2 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected LoansAFFECTED LOANS" and such Type being herein called the "Affected TypeAFFECTED TYPE"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower Borrowers with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.2 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Aircastle LTD)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.2 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.2 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Gtech Holdings Corp)

Treatment of Affected Loans. If the obligation of any Lender to make or Continue a particular Type of Eurodollar Rate Loan or to ContinueLoan, or to Convert Base Rate Loans of any other Type into, into Eurodollar Rate Loans of a particular Type shall be suspended pursuant to Section 6.1 4.2 or 6.3 4.3 hereof (such Eurodollar Rate Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's ’s Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.2 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (V F Corp)

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Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.01 or 6.3 4.03 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.03 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.01 or 6.3 4.03 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Modis Professional Services Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Fixed Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.01 or 6.3 4.03 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Domestic Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.03 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.01 or 6.3 4.03 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Tech Data Corp)

Treatment of Affected Loans. If the obligation of any Lender the Bank to make a particular Type of Eurodollar Rate Libor Loan or to Continue, or to Convert Loans of any other Type into, Libor Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lenderthe Bank's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender the Bank may specify be required to the Borrower effect a Conversion and specifies to Borrowers with a copy to the Agent) and, unless and until such Lender the Bank gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" Loans and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Blanch E W Holdings Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's ’s Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower Borrowers with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Aircastle LTD)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continuecontinue, or to Convert convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 or 6.3 Sections 2.8, 2.9 and 2.10 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 2.6 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the AgentBorrowers) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 or 6.3 Sections 2.8, 2.9 and 2.10 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 4.1 or 6.3 4.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 4.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 4.1 or 6.3 4.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 hereof 5.3 (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's ’s Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 hereof5.3, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 hereof 5.3 that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Seacastle Inc.)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.1 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower Borrowers with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.1 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Aircastle LTD)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 5.2 or 6.3 5.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 5.2 or 6.3 5.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Gtech Holdings Corp)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan Loans or to ContinueExtend, or to Convert Base Rate Loans of any other Type into, Eurodollar Loans of a particular Type shall be suspended pursuant to Section 6.1 3.6 or 6.3 3.8 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 3.8 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 3.6 or 6.3 3.8 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Guarantee Agreement (Isg Resources Inc)

Treatment of Affected Loans. If the obligation of any Lender to make a particular Type of Eurodollar Rate Loan or to Continue, or to Convert Loans of any other Type into, Loans of a particular Type shall be suspended pursuant to Section 6.1 3.1 or 6.3 3.3 hereof (Loans of such Type being herein called "Affected Loans" and such Type being herein called the "Affected Type"), such Lender's Affected Loans shall be automatically Converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for Affected Loans (or, in the case of a Conversion required by Section 6.3 3.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 6.1 3.1 or 6.3 3.3 hereof that gave rise to such Conversion no longer exist:

Appears in 1 contract

Samples: Term Credit Agreement (Healthsouth Corp)

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