Common use of Voluntary Conversion of Advances Clause in Contracts

Voluntary Conversion of Advances. Subject to the provisions of Sections 2.10 and 2.15, any Borrower may Convert all such Xxxxxxxx’s Advances of one Type constituting the same Borrowing into Advances of the other Type on any Business Day, upon notice given to the Agent not later than 11:00 a.m. (New York City time) on the third U.S. Government Securities Business Day prior to the date of the proposed Conversion; provided, however, that the Conversion of a SOFR Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such SOFR Advance. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, and (ii) the Advances to be Converted.

Voluntary Conversion of Advances. Subject to the provisions of Sections 2.10 2.11 and 2.152.16, any Borrower may Convert all such Xxxxxxxx’s Advances of one Type constituting the same Borrowing into Advances of the other Type on any Business Day, upon notice given to the Agent not later than 11:00 a.m. (New York City time) on the third U.S. Government Securities Business Day prior to the date of the proposed Conversion; provided, however, that the Conversion of a SOFR Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such SOFR Advance. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, and (ii) the Advances to be Converted.

Voluntary Conversion of Advances. Subject to the provisions of Sections 2.10 2.11 and 2.152.16, any Borrower may Convert all such Xxxxxxxx’s Advances of one Type constituting the same Borrowing into Advances of the other Type on any Business Day, upon notice given to the Agent not later than 11:00 a.m. (New York City time) on the third U.S. Government Securities Business Day prior to the date of the proposed Conversion; provided, however, that the Conversion of a SOFR Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such SOFR Advance. Each such notice of a Conversion shall, within the restrictions specified above, specifyspecify Five-Year Credit Agreement 21 (i) the date of such Conversion, and (ii) the Advances to be Converted.

Voluntary Conversion of Advances. Subject to the provisions of Sections 2.10 and 2.15, any Borrower may Convert all such XxxxxxxxBorrower’s Advances of one Type constituting the same Borrowing into Advances of the other Type on any Business Day, upon notice given to the Agent not later than 11:00 a.m. (New York City time) on the third U.S. Government Securities Business Day prior to the date of the proposed Conversion; provided, however, that the Conversion of a SOFR Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such SOFR Advance. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, and (ii) the Advances to be Converted.