Common use of Voluntary Conversion of Advances Clause in Contracts

Voluntary Conversion of Advances. The Borrower may on any Business Day, upon written notice (a "Conversion/Continuation Notice") given to the Agent not later than 11:00 a.m., Chicago time, on the third Business Day before the date of the proposed conversion, convert any Advance into an Advance of another Type; provided, however, that, with respect to a conversion from LIBOR Loans into Reference Rate Loans, any such conversion shall be made on, and only on, the last day of the Interest Period for such Loans. Each such notice of a conversion shall, within the restrictions specified above, specify (i) the Loans to be converted, (ii) the Type of Loans into which such Loans are to be converted and (iii) the requested date for such conversion. Upon receipt of any such notice, the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans and Reference Rate Loans may be converted as provided herein, provided (a) no Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility Termination Date and (b) the Borrower shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR Loans shall be automatically converted to Reference Rate Loans on the last day of the then-expiring Interest Period therefor.

Voluntary Conversion of Advances. The Borrower may on any Business Day, upon written notice (a "Conversion/Continuation Notice") given to the Agent not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third second Business Day before the date of the proposed conversionconversion and subject to the provisions of Section 3.1(c), convert any Advance into an Advance of another Type; providedPROVIDED, howeverHOWEVER, that, with respect to a conversion from LIBOR Loans a Fixed Rate Loan into a Reference Rate LoansLoan, any such conversion shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion shall, within the restrictions specified above, specify (i) the Loans Loan to be converted, (ii) the Type of Loans Loan into which such Loans are Loan is to be converted and (iii) the requested date for such conversion. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Fixed Rate Loans and Reference Rate Loans may be converted as provided herein, provided (a) no Loan may be converted into a LIBOR Fixed Rate Loan after the date that is one month prior to the Facility Termination Date and (b) the Borrower shall not have the right to continue or convert to a LIBOR Fixed Rate Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Rate Loans on the last day of the such then-expiring Interest Period thereforand shall be continued in Dollars or the Optional Currency in which last denominated.

Voluntary Conversion of Advances. The Borrower may on any Business -------------------------------- Day, upon written notice (a "Conversion/Conversion/ Continuation Notice") given to the Agent not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third Business Day before the date of the proposed conversion, conversion convert any Advance into an Advance of another Type; provided, however, that, with respect to a conversion from a -------- ------- LIBOR Loans Loan into a Reference Rate LoansLoan, any such conversion shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion shall, within the restrictions specified above, specify (i) the Loans Loan to be converted, (ii) the Type of Loans Loan into which such Loans are Loan is to be converted and (iii) the requested date for such conversion. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans and Reference Rate Loans may be converted as provided herein, provided (a) no Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility Termination Date and (b) the Borrower shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Rate Loans on the last day of the such then-expiring Interest Period thereforPeriod.

Voluntary Conversion of Advances. The Borrower Borrowers may on any Business Day, upon written notice (a "Conversion/Continuation Notice") given to the Agent (and to BankBoston, in the case of Pacific Germany) not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third Business Day before the date of the proposed conversionconversion and subject to the provisions of Section 3.1(c), convert any Advance (other than Swingline Loans) into an Advance of another Type; provided, however, that, with respect to a conversion from a LIBOR Loans Loan into Reference a Base Rate LoansLoan (or, in the case of Pacific Germany from a LIBOR Loan to an IBCOF Loan), any such conversion shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion shall, within the restrictions specified above, specify (ia) the Loans Loan to be converted, (iib) the Type of Loans Loan into which such Loans are Loan is to be converted and (iiic) the requested date for such conversion. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans, IBCOF Loans (only in the case of Pacific Germany) and Reference Base Rate Loans may be converted as provided herein, provided (ai) no Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility Termination Date and (bii) the Borrower Borrowers shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower Borrowers shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Base Rate Loans (or IBCOF Loans, in the case of Pacific Germany) on the last day of the such then-expiring Interest Period thereforand shall be continued in Dollars or the Optional Currency in which last denominated.

Voluntary Conversion of Advances. The Borrower may on any Business Day, upon written notice (a "Conversion/Continuation Notice") given to the Agent not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third Business Day before the date of the proposed conversionconversion and subject to the provisions of Section 3.1(c), convert any Advance into an Advance of another Type; provided, however, that, with respect to a conversion from a LIBOR Loans Loan into Reference a Base Rate LoansLoan, any such conversion shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion shall, within the restrictions specified above, specify (ia) the Loans Loan to be converted, (iib) the Type type of Loans Loan into which such Loans are Loan is to be converted and (iiic) the requested date for such conversion. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans and Reference Base Rate Loans may be converted as provided herein, provided (ai) no Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility Termination Date and (bii) the Borrower shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Base Rate Loans on the last day of the such then-expiring Interest Period thereforPeriod.

Voluntary Conversion of Advances. The Borrower may on any Business -------------------------------- Day, upon written notice (substantially in the form of Exhibit G attached hereto, in the case of a "Conversion/Continuation Notice"conversion, and substantially in the form of Exhibit H attached hereto, in the case of a continuation) given to the Agent not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third Business Day before the date of the proposed conversionconversion and/or continuation and subject to the provisions of Section 2.6, convert and/or continue any Advance (or portion thereof) into an Advance of another Type or of the same Type; provided, however, that, that with respect to a conversion from a LIBOR Loans Loan into Reference a Base Rate LoansLoan or a continuation of a LIBOR Loan, any such conversion and/or continuation shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion and/or continuation shall, within the restrictions specified above, specify (i) the Loans Loan to be convertedconverted or continued, (ii) the Type type of Loans Loan into which such Loans are Loan is to be converted (if applicable) and (iii) the requested date for such conversionconversion and/or continuation. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans and Reference Base Rate Loans may be converted as provided herein, provided (a) no Revolving Loan may be converted into a LIBOR Loan after the date that is one month prior to the Revolving Termination Date, (b) no Facility A Term Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility A Termination Date, (c) no Facility B Term Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility B Termination Date and (bd) the Borrower shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Base Rate Loans on the last day of the such then-expiring Interest Period thereforPeriod.

Voluntary Conversion of Advances. The Borrower may on any Business Day, upon written notice (a "Conversion/Continuation Notice") given to the Agent not later than 11:00 a.m.12:00 noon, Chicago Los Angeles time, on the third Business Day before the date of the proposed conversionconversion and subject to the provisions of Section 2.5, convert any Advance into an Advance of another Type; provided, however, that, with respect to a conversion from a LIBOR Loans Loan into Reference a Base Rate LoansLoan, any such conversion shall be made on, and only on, the last day of the Interest Period for such LoansLoan. Each such notice of a conversion shall, within the restrictions specified above, specify (i) the Loans Loan to be converted, (ii) the Type type of Loans Loan into which such Loans are Loan is to be converted and (iii) the requested date for such conversion. Upon receipt of any such notice, notice the Agent shall promptly notify each Lender thereof. Any part of outstanding LIBOR Loans and Reference Base Rate Loans may be converted as provided herein, provided (a) no Loan may be converted into a LIBOR Loan after the date that is one month prior to the Facility Termination Date and (b) the Borrower shall not have the right to continue or convert to a LIBOR Loan if a Default shall have occurred and be continuing. However, if the Borrower shall fail to give any required notices described above in this Section or if such continuation of LIBOR Loans is not permitted pursuant to the preceding sentence, all outstanding LIBOR such Loans shall be automatically converted to Reference Base Rate Loans on the last day of the such then-expiring Interest Period thereforPeriod.