Common use of Voluntary Conversion of Advances Clause in Contracts

Voluntary Conversion of Advances. Any Borrower may on any Business Day, upon notice given to the Administrative Agent, not later than 10:00 A.M. (New York City time) on the Business Day of the proposed Conversion of Eurodollar Rate Advances to Base Rate Advances and not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion in the case of a Conversion of Base Rate Advances to Eurodollar Rate Advances, and subject to the provisions of Sections 2.13, 2.16 and 2.18, Convert all Advances of one Type comprising the same Borrowing into Advances of another Type; provided, however, that any Conversion of any Eurodollar Rate Advances into Base Rate Advances made on any day other than the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 9.4(b); and provided, further, that no Revolving Credit Advance may be converted into a Eurodollar Rate Advance after the date that is one month prior to (a) in the case of a Revolving Credit Advance made by an

Voluntary Conversion of Advances. Any Borrower may on any Business Day, if no Event of Default then exists as to such Borrower, upon notice (which shall be irrevocable) given to the Administrative Agent, Agent not later than 10:00 11:00 A.M. (New York City timex) on in the Business Day case of the a proposed Conversion of into Eurodollar Rate Advances to Base Rate Advances and not later than 12:00 noon (New York City time) Advances, on the third Business Day prior to the date of the proposed Conversion conversion, and (y) in the case of a proposed Conversion of into Base Rate Advances to Eurodollar Rate Advances, on the date of the proposed Conversion, and subject to the provisions of Sections 2.13, 2.16 2.02 and 2.182.12, Convert all Advances of one Type comprising the same A Borrowing into Advances of another the other Type; provided, however, provided that any (i) no Conversion of any Eurodollar Rate Advances into Base Rate Advances made shall occur on any a day other than the last day of an Interest Period for such Eurodollar Rate Advances, except as contemplated by Section 2.12, and (ii) Advances shall may not be subject to the provisions of Section 9.4(b); and provided, further, that no Revolving Credit Advance may be converted Converted into a Eurodollar Rate Advance after Advances if the date that is one month prior to (a) in the case of a Revolving Credit Advance made by anaggregate unpaid