Common use of Voluntary Conversion or Continuation of Advances Clause in Contracts

Voluntary Conversion or Continuation of Advances. (a) Each Borrower may on any Banking Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each Borrower The Company may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurocurrency Rate AdvancesAdvances made to the Company, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurocurrency Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurocurrency Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation The Company may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Eurocurrency Banking second Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Sections 2.09 and 2.13 and the provisos in this Section 2.32.10(a) and, (1) if applicable, any Local Currency Addendum, Convert all or any portion part of the Committed Advances of one Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances) comprising the same Committed Borrowing into Advances made to such Borrower of another Type and denominated in Dollars (2or the relevant Alternative Currency, in the case of Local Currency Advances) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Committed Advances of one Type denominated in Dollars comprising the same Committed Borrowing as Committed Advances of the Advances to be continuedsame Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances); provided, however, that any such Conversion or continuation of any EURO Rate Advances into Base Fixed Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Fixed Rate Advances; and provided further, that no Committed Advance may be Converted into or continued as, a Fixed Rate Advance, at any time that a Default or Event of Default has occurred and is continuing. Any such Conversion or continuation of any Committed Advances shall be in the minimum amounts and increments specified in Section 2.01(b); provided, that in the case of the continuation of a Borrowing comprised of Eurocurrency Advances denominated in an Alternative Currency, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Committed Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, and (iii) if such continuation is of, or such Conversion is into, EURO into Fixed Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Committed Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “"Notice of Conversion/Continuation”") (or, on the sixth Business Day prior to the date of the proposed continuance, in the case of a proposed continuance of Advances in an Alternate Currency) and subject to the provisions of Section 2.32.02, (1) Convert all or any portion of Advances in Dollars of one Type into Advances comprising the same Borrowing made to such Borrower into Advances in Dollars of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or If the Administrative Agent has received notice from any of the Lenders by 12:00 noon (New York City time) four Business Days prior to the day of a proposed continuation of Advances in an Alternate Currency for an additional Interest Period pursuant to this subsection (a) that such Lender cannot continue to provide Advances in the relevant Alternate Currency, the Lenders shall be under no obligation to continue such Advances, in which event the Administrative Agent will give notice to the Borrower that received such Advance not later than 3:00 P.M. (New York City time) on the fourth Business Day prior to the requested date of such continuation that the continuation of such Eurocurrency Rate Advances in the relevant Alternate Currency is not then available, and notice thereof also will be given promptly by the Administrative Agent to the Lenders. If the Administrative Agent shall have so notified the Borrower that received such Advance that any such continuation is not then available, any Notice of Conversion/Continuation with respect thereto shall be deemed withdrawn and such Advances shall be repaid at the end of the applicable Interest Period. Unless such Borrower otherwise notifies the Administrative Agent on or before 12:00 Noon (New York City time) three Business Days prior to the end of such Interest Period, such Borrower shall be deemed to have given a minimum Notice of Borrowing requesting the equivalent in Dollars of the amount of $2,000,000 or €2,000,000, Advances requested to be continued with the same Interest Period as applicable, that requested in the Notice of Conversion/Continuation related to such requested continuation with effect from the last day of the Interest Period with respect to any such Advances. The Administrative Agent will promptly notify such Borrower and multiples the Lenders of $1,000,000 or €1,000,000, as applicableany such deemed notice and in such notice by the Administrative Agent to each Lenders the Administrative Agent will state the equivalent in Dollars of the aggregate amount of such Advances and such Lenders' pro rata share thereof.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking U.S. Government Securities Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such the Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Xxxx Xxxx Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO Term Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Term Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Term Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Term Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Term Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given delivery of a Notice of Conversion/Continuation to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “such Notice of Conversion/Continuation”) , and subject to the provisions of Section 2.32.02(b), (1) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Eurodollar Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Sections 2.12 and 2.16 and the provisos in this Section 2.32.13, (1) Convert all or any portion part of the A Advances of one Type denominated in any currency comprising the same A Borrowing into Advances made to such Borrower of another Type and (2) upon denominated in the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, same currency or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period A Advances of one Type denominated in a currency comprising the same A Borrowing as A Advances of the Advances to be continuedsame Type denominated in such currency; provided, however, that any such Conversion or continuation of any EURO Rate Advances into Base Eurocurrency Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Rate Advances; and provided further, that no A Advance may be Converted into or continued as, a Eurocurrency Rate Advance, at any time that a Default or Event of Default has occurred and is continuing. Any such Conversion or continuation of any A Advances shall be in the minimum amounts and increments specified in Section 2.01(b); provided, that in the case of the continuation of a Borrowing comprised of Eurocurrency Advances denominated in an Alternative Currency, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation Conversion (or Conversioncontinuation), (ii) the A Advances (or, subject to Section 2.3, any portion thereof) to be continued Converted (or Convertedcontinued), and (iii) if such continuation Conversion (or continuation) is into (or of, or such Conversion is into, EURO ) Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such A Advance. Notwithstanding anything herein to the contrary, and (iv) no Advance may be converted into or continued as an Advance denominated in a different currency, but instead must be prepaid in the case original currency of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred such Advance and is continuing. Each Conversion or continuation shall be reborrowed in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicablethe other currency.

Voluntary Conversion or Continuation of Advances. (a) Each Borrower The Company may on any Banking Day Business Day, upon notice given to the Administrative applicable Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurocurrency Rate AdvancesAdvances made to the Company, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurocurrency Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurocurrency Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation The Company may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate AdvancesAdvances made to the Borrower, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Eurocurrency Banking second Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Section 2.3SECTIONS 2.09 and 2.13 and the provisos in this SECTION 2.10(a) and, (1) if applicable any Local Currency Addendum, Convert all or any portion part of the Committed Advances of one Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances) comprising the same Committed Borrowing into Advances made to such Borrower of another Type and denominated in Dollars (2or the relevant Alternative Currency, in the case of Local Currency Advances) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Committed Advances of one Type denominated in Dollars comprising the same Committed Borrowing as Committed Advances of the Advances to be continuedsame Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances); providedPROVIDED, howeverHOWEVER, that any such Conversion or continuation of any EURO Rate Advances into Base Fixed Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Fixed Rate Advances; PROVIDED FURTHER, that any such Conversion or continuation of Committed Advances shall be in the minimum amounts and increments specified in SECTION 2.01(b); and PROVIDED FURTHER, that no Committed Advance may be Converted into or continued as, a Fixed Rate Advance, at any time that a Default or Event of Default has occurred and is continuing. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Committed Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, and (iii) if such continuation is of, or such Conversion is into, EURO into Fixed Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Committed Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Eurocurrency Banking second Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Section 2.3SECTIONS 2.09 and 2.13 and the provisos in this SECTION 2.10(a), (1) Convert all or any portion part of the A Advances of one Type denominated in Dollars comprising the same A Borrowing into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, denominated in Dollars or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period A Advances of one Type denominated in Dollars comprising the same A Borrowing as A Advances of the Advances to be continuedsame Type denominated in Dollars; providedPROVIDED, howeverHOWEVER, that any such Conversion or continuation of any EURO Adjusted CD Rate Advances into Base Rate or Eurocurrency Advances shall be made on, and only on, the last day of an Interest Period for such EURO Adjusted CD Rate Advances or Eurocurrency Advances; PROVIDED FURTHER, that any such Conversion or continuation of A Advances shall be in the minimum amounts and increments specified in SECTION 2.01(b); and PROVIDED FURTHER, that no Advance may be Converted into or continued as, an Adjusted CD Rate Advance or a Eurocurrency Advance, at any time that a Default or Event of Default has occurred and is continuing. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the A Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, and (iii) if such continuation is of, or such Conversion is into, EURO into Adjusted CD Rate Advances or Eurocurrency Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such A Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City Detroit time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “"Notice of Conversion/Continuation”") and subject to the provisions of Section 2.32.02(b), (1) Convert all or any portion of Advances (other than Swing Line Loans) of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances of another Type shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Reference Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Reference Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Reference Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Reference Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Reference Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City Pacific time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or any portion of Advances of one Type comprising the same Borrowing made to the Borrower into Advances made to such Borrower of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate AdvancesAdvances made to the Borrower, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances of another Type shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion"NOTICE OF CONVERSION/Continuation”CONTINUATION") and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000(EURO)2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000(EURO)1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice in such form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent) appropriately completed and signed by a Responsible Officer of the Borrower given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or Advances of any portion of Advances Class denominated in U.S. Dollars of one Type comprising the same Borrowing into Advances made to of such Borrower Class denominated in U.S. Dollars of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurocurrency Rate AdvancesAdvances made to the Borrower, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurocurrency Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 a.m. (New York City time) on (x) with respect to Revolving Advances denominated in Dollars, the third Eurocurrency Banking Business Day, (y) with respect to Revolving Advances denominated in a Primary Currency and XXXXX Daily Rate Advances, the fourth Business Day and (z) with respect to Revolving Advances denominated in an Alternative Currency other than a Primary Currency, the fifth Business Day, in each case, prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Sections 2.12 and 2.16 and the provisos in this Section 2.32.13, (1) Convert all or any portion part of the Revolving Advances of one Type denominated in any currency comprising the same Revolving Borrowing into Advances made to such Borrower of another Type and (2) upon denominated in the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, same currency or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Revolving Advances of one Type denominated in a currency comprising the same Revolving Borrowing as Revolving Advances of the Advances to be continuedsame Type denominated in such currency; provided, however, that any such Conversion or continuation of any EURO EurocurrencyAlternative Currency Term Rate Advances into Base Rate or SOFR Advances shall be made on, and only on, the last day of an Interest Period for such EURO EurocurrencyAlternative Currency Term Rate Advances or SOFR Advances; and provided, further, that no Revolving Advance may be Converted into or continued as a Eurocurrencyan Alternative Currency Term Rate Advance, SOFR Advance or a XXXXX Daily Rate Advance at any time that a Default or Event of Default has occurred and is continuing, unless the Majority Banks shall have consented to such Conversion or continuation. XXXXX Daily Rate Advances shall automatically continue each day as XXXXX Daily Rate Advances unless and until the Company delivers a timely notice requesting a conversion of such XXXXX Daily Rate Advances to another Type of Advance, which Advance, for the avoidance of doubt, shall be denominated in a currency other than Sterling. Any such Conversion or continuation of any Revolving Advances shall be in the minimum amounts and increments specified in Section 2.01(b); provided, that in the case of the continuation of a Borrowing comprised of EurocurrencyAlternative Currency Term Rate Advances denominated in an Alternative Currency or XXXXX Daily Rate Advances, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate ​ principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) (i) the date of such continuation Conversion (or Conversioncontinuation), (ii) (ii) the Revolving Advances (or, subject to Section 2.3, any portion thereof) to be continued Converted (or Convertedcontinued), and (iii) (iii) if such continuation Conversion (or continuation) is into (or of, ) EurocurrencyAlternative Currency Term Rate Advances or such Conversion is into, EURO Rate SOFR Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Revolving Advance. Notwithstanding anything herein to the contrary, and (iv) no Advance may be converted into or continued as an Advance denominated in a different currency, but instead must be prepaid in the case original currency of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred such Advance and is continuing. Each Conversion or continuation shall be reborrowed in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicablethe other currency.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice in such form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent) appropriately completed and signed by a Responsible Officer of the Borrower given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.32.02(b), (1i) Convert all or Advances of any portion of Advances Class denominated in U.S. Dollars of one Type comprising the same Borrowing into Advances made to of such Borrower Class denominated in U.S. Dollars of another Type and (2ii) upon the expiration of any Interest Period applicable to Advances which are EURO Eurocurrency Rate AdvancesAdvances made to the Borrower, continue all (or, subject to Section 2.32.02(b), any portion 32 of) such Advances as EURO Eurocurrency Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurocurrency Rate Advances of any Class denominated in U.S. Dollars into Base Rate Advances of such Class denominated in U.S. Dollars shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (iA) the date of such continuation or Conversion, (iiB) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iiiC) if such continuation is of, or such Conversion is into, EURO Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, Advance and (ivD) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be in a minimum amount of $2,000,000 or €2,000,000, as applicableallocated ratably among the Lenders holding the Advances comprising such Borrowing, and multiples of $1,000,000 or €1,000,000, as applicablethe Advances comprising each such portion shall be considered a separate Borrowing.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Business Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Eurodollar Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such the Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Rate Advances, whether such EURO a Eurodollar Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and and, the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Eurodollar Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given delivery of a Notice of Conversion/Continuation to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “such Notice of Conversion/Continuation”) , and subject to the provisions of Section 2.32.02(b), (1) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Eurodollar Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion If, upon the expiration of the then existing Interest Period applicable to any Advance which is a Eurodollar Rate Advance, the Borrower shall not have delivered a Notice of Conversion/Continuation in accordance with this Section 2.08, then such Advance shall upon such expiration automatically be Converted to a Base Rate Advance. After the occurrence of and during the continuance of a Potential Event of Default or continuation shall an Event of Default, the Borrower may not elect to have an Advance be made or continued as, or Converted into, a Eurodollar Rate Advance after the expiration of any Interest Period then in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicableeffect for that Advance.

Voluntary Conversion or Continuation of Advances. (a) Each Borrower may on any Banking Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency U.S. Government Securities Business Day (in the case of a notice relating to Advances in Dollars) or on the third Banking Day (in the case of a notice relating to EURIBOR Rate Advances) prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Term Rate Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO Term Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Term Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Term Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Term Rate Advances, whether such EURO Term Rate Advance is a Eurodollar an Adjusted Term SOFR Rate Advance or a EURIBOR Rate Advance and the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Term Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each Borrower may on any Banking Day upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency U.S. Government Securities Business Day (in the case of a notice relating to Advances in Dollars) or on the third Banking Day (in the case of a notice relating to EURIBOR Rate Advances) prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) and subject to the provisions of Section 2.3, (1) Convert all or any portion of Advances of one Type into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO EUROTerm Rate Advances, continue all (or, subject to Section 2.3, any portion of) such Advances as EURO EUROTerm Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO EUROTerm Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO EUROTerm Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO EUROTerm Rate Advances, whether such EURO EUROTerm Rate Advance is a Eurodollar Eurodollaran Adjusted Term SOFR Rate Advance or a EURIBOR Rate Advance and the duration of the Interest Period of each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO EUROTerm Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Eurocurrency Banking second Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Section 2.3SECTIONS 2.09 and 2.13 and the provisos in this SECTION 2.10(a) and, (1) if applicable any Local Currency Addendum, Convert all or any portion part of the Committed Advances of one Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances) comprising the same Committed Borrowing into Advances made to such Borrower of another Type and denominated in Dollars (2or the relevant Alternative Currency, in the case of Local Currency Advances) upon the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Committed Advances of one Type denominated in Dollars comprising the same Committed Borrowing as Committed Advances of the Advances to be continuedsame Type denominated in Dollars (or the relevant Alternative Currency, in the case of Local Currency Advances); providedPROVIDED, howeverHOWEVER, that any such Conversion or continuation of any EURO Rate Advances into Base Fixed Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Fixed Rate Advances; and PROVIDED FURTHER, that no Committed Advance may be Converted into or continued as, a Fixed Rate Advance, at any time that a Default or Event of Default has occurred and is continuing. Any such Conversion or continuation of any Committed Advances shall be in the minimum amounts and increments specified in SECTION 2.01(b); PROVIDED, that in the case of the continuation of a Borrowing comprised of Eurocurrency Advances denominated in an Alternative Currency, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Committed Advances (or, subject to Section 2.3, any portion thereof) to be continued or Converted, and (iii) if such continuation is of, or such Conversion is into, EURO into Fixed Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Committed Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 a.m. (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Section 2.3Sections ‎2.12 and ‎2.16 and the provisos in this ‎Section 2.13, (1) Convert all or any portion part of the Revolving Advances of one Type denominated in any currency comprising the same Revolving Borrowing into Advances made to such Borrower of another Type and (2) upon denominated in the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, same currency or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Revolving Advances of one Type denominated in a currency comprising the same Revolving Borrowing as Revolving Advances of the Advances to be continuedsame Type denominated in such currency; provided, however, that any such Conversion or continuation of any EURO Rate Advances into Base Eurocurrency Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Rate Advances; and provided, further, that no Revolving Advance may be Converted into or continued as a Eurocurrency Rate Advance at any time that a Default or Event of Default has occurred and is continuing, unless the Majority Banks shall have consented to such Conversion or continuation. Any such Conversion or continuation of any Revolving Advances shall be in the minimum amounts and increments specified in ‎Section 2.01(b); provided, that in the case of the continuation of a Borrowing comprised of Eurocurrency Advances denominated in an Alternative Currency, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation Conversion (or Conversioncontinuation), (ii) the Revolving Advances (or, subject to Section 2.3, any portion thereof) to be continued Converted (or Convertedcontinued), and (iii) if such continuation Conversion (or continuation) is into (or of, or such Conversion is into, EURO ) Eurocurrency Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Revolving Advance. Notwithstanding anything herein to the contrary, and (iv) no Advance may be converted into or continued as an Advance denominated in a different currency, but instead must be prepaid in the case original currency of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred such Advance and is continuing. Each Conversion or continuation shall be reborrowed in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicablethe other currency.

Voluntary Conversion or Continuation of Advances. (a) Each The applicable Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon 11:00 a.m. (New York City time) on (x) with respect to Revolving Advances denominated in Dollars, the third Eurocurrency Banking Business Day, (y) with respect to Revolving Advances denominated in a Primary Currency and XXXXX Daily Rate Advances, the fourth Business Day and (z) with respect to Revolving Advances denominated in an Alternative Currency other than a Primary Currency, the fifth Business Day, in each case, prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) continuation, and subject to the provisions of Section 2.3Sections ‎2.12 and ‎2.16 and the ​ ​ ​ provisos in this ‎Section 2.13, (1) Convert all or any portion part of the Revolving Advances of one Type denominated in any currency comprising the same Revolving Borrowing into Advances made to such Borrower of another Type and (2) upon denominated in the expiration of any Interest Period applicable to Advances which are EURO Rate Advances, same currency or continue all (or, subject to Section 2.3, or any portion of) such Advances as EURO Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day part of the Interest Period Revolving Advances of one Type denominated in a currency comprising the same Revolving Borrowing as Revolving Advances of the Advances to be continuedsame Type denominated in such currency; provided, however, that any such Conversion or continuation of any EURO Rate Advances into Base Rate Eurocurrency Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurocurrency Advances; and provided, further, that no Revolving Advance may be Converted into or continued as a Eurocurrency Advance or a XXXXX Daily Rate Advance at any time that a Default or Event of Default has occurred and is continuing, unless the Majority Banks shall have consented to such Conversion or continuation. XXXXX Daily Rate Advances shall automatically continue each day as XXXXX Daily Rate Advances unless and until the Company delivers a timely notice requesting a conversion of such XXXXX Daily Rate Advances to another Type of Advance, which Advance, for the avoidance of doubt, shall be denominated in a currency other than Sterling. Any such Conversion or continuation of any Revolving Advances shall be in the minimum amounts and increments specified in ‎Section 2.01(b); provided, that in the case of the continuation of a Borrowing comprised of Eurocurrency Advances denominated in an Alternative Currency or XXXXX Daily Rate Advances, such continuation may, subject to the terms and conditions otherwise set forth herein, be in an aggregate principal amount equal to the aggregate principal amount of the Borrowing being continued. Each such Notice notice of Conversion/Continuation a Conversion or continuation shall, within the restrictions specified above, specify (i) the date of such continuation Conversion (or Conversioncontinuation), (ii) the Revolving Advances (or, subject to Section 2.3, any portion thereof) to be continued Converted (or Convertedcontinued), and (iii) if such continuation Conversion (or continuation) is into (or of, or such Conversion is into, EURO Rate ) Eurocurrency Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Revolving Advance. Notwithstanding anything herein to the contrary, and (iv) no Advance may be converted into or continued as an Advance denominated in a different currency, but instead must be prepaid in the case original currency of a continuation of or a Conversion into a EURO Rate Advance, that no Event of Default has occurred such Advance and is continuing. Each Conversion or continuation shall be reborrowed in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicablethe other currency.

Voluntary Conversion or Continuation of Advances. (a) Each The Borrower may on any Banking Day Business Day, upon notice given to the Administrative Agent not later than 12:00 noon (New York City time) on the third Eurocurrency Banking Business Day prior to the date of the proposed Conversion or continuance (a “Notice of Conversion/Continuation”) , and subject to the provisions of Section 2.32.02(b), (1) Convert all or any portion of Advances of one Type comprising the same Borrowing into Advances made to such Borrower of another Type and (2) upon the expiration of any Interest Period applicable to Advances which are EURO Eurodollar Rate Advances, continue all (or, subject to Section 2.32.02(b), any portion of) such Advances as EURO Eurodollar Rate Advances and the succeeding Interest Period(s) of such continued Advances shall commence on the last day of the Interest Period of the Advances to be continued; provided, however, that any Conversion of any EURO Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on, the last day of an Interest Period for such EURO Eurodollar Rate Advances. Each such Notice of Conversion/Continuation shall, within the restrictions specified above, specify (i) the date of such continuation or Conversion, (ii) the Advances (or, subject to Section 2.32.02(b), any portion thereof) to be continued or Converted, (iii) if such continuation is of, or such Conversion is into, EURO Eurodollar Rate Advances, whether such EURO Rate Advance is a Eurodollar Advance or a EURIBOR Rate Advance and the duration of the Interest Period of for each such Advance, and (iv) in the case of a continuation of or a Conversion into a EURO Eurodollar Rate Advance, that no Potential Event of Default or Event of Default has occurred and is continuing. Each Conversion or continuation shall be in a minimum amount of $2,000,000 or €2,000,000, as applicable, and multiples of $1,000,000 or €1,000,000, as applicable.