Common use of Voluntary Conversion of Revolving Advances Clause in Contracts

Voluntary Conversion of Revolving Advances. The Borrower may on any Business Day, upon notice given to the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.12, Convert, pro rata based on the Lenders' respective Commitments, Revolving Advances of one Type denominated in Dollars comprising the same Borrowing into Revolving Advances of the other Type denominated in Dollars or, in the case of Eurocurrency Rate Advances (whether denominated in Dollars or in Alternative Currency), into Revolving Advances with a different Interest Period; provided, however, that in the event of any Conversion of Eurocurrency Rate Advances into Base Rate Advances or Eurocurrency Rate Advances with a different Interest Period on a day other than the last day of an Interest Period for the Eurocurrency Rate Advances being Converted, the Borrower shall reimburse the Lenders in respect of such Eurocurrency Rate Advances to the extent required by Section 8.04(c) and any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Advances to be Converted and (iii) if such Conversion is into Eurocurrency Rate Advances, the duration of the Interest Period for each such Revolving Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Voluntary Conversion of Revolving Advances. The ------------------------------------------ Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.12, Convert, pro rata based on the Lenders' respective Commitments, Revolving Advances of one Type denominated in Dollars comprising the same Borrowing into Revolving Advances of the other Type denominated in Dollars or, in the case of Eurocurrency Rate Advances (whether denominated in Dollars or in Alternative Currency), into Revolving Advances with a different Interest Period; provided, however, that in the event of any Conversion of Eurocurrency Rate -------- ------- Advances into Base Rate Advances or Eurocurrency Rate Advances with a different Interest Period on a day other than the last day of an Interest Period for the Eurocurrency Rate Advances being Converted, the Borrower shall reimburse the Lenders in respect of such Eurocurrency Rate Advances to the extent required by Section 8.04(c) and any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Advances to be Converted and (iii) if such Conversion is into Eurocurrency Rate Advances, the duration of the Interest Period for each such Revolving Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Voluntary Conversion of Revolving Advances. The Borrower may on any Business Day, upon notice given to the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.12, Convert, pro rata based on the Lenders' respective Commitments, Revolving Advances of one Type denominated in Dollars comprising the same Borrowing into Revolving Advances of the other Type denominated in Dollars or, in the case of Eurocurrency Eurodollar Rate Advances (whether denominated in Dollars or in Alternative Currency)Advances, into Revolving Advances with a different Interest Period; provided, however, that in the event of any Conversion of Eurocurrency Eurodollar Rate Advances into Base Rate Advances or Eurocurrency Eurodollar Rate Advances with a different Interest Period on a day other than the last day of an Interest Period for the Eurocurrency Eurodollar Rate Advances being Converted, the Borrower shall reimburse the Lenders in respect of such Eurocurrency Eurodollar Rate Advances to the extent required by Section 8.04(c) and any Conversion of Base Rate Advances into Eurocurrency Eurodollar Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(bSectionE2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Advances to be Converted and (iii) if such Conversion is into Eurocurrency Eurodollar Rate Advances, the duration of the Interest Period for each such Revolving Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Voluntary Conversion of Revolving Advances. The ------------------------------------------ Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.12, Convert, pro rata based on the Lenders' respective Commitments, Revolving Advances of one Type denominated in Dollars comprising the same Borrowing into Revolving Advances of the other Type denominated in Dollars or, in the case of Eurocurrency Rate Advances (whether denominated in Dollars or in Alternative Currency), into Revolving Advances with a different Interest Period; provided, however, that in the event of any Conversion of Eurocurrency Rate -------- ------- Advances into Base Rate Advances or Eurocurrency Rate Advances with a different Interest Period on a day other than the last day of an Interest Period for the Eurocurrency Rate Advances being Converted, the Borrower shall reimburse the Lenders in respect of such Eurocurrency Rate Advances to the extent required by Section 8.04(c) and any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Advances to be Converted and (iii) if such Conversion is into Eurocurrency Rate Advances, the duration of the Interest Period for each such Revolving Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.by