Common use of Borrower’s Failure to Notify Clause in Contracts

Borrower’s Failure to Notify. Any outstanding Borrowing of Domestic Rate Loans shall, subject to Section 7.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a) that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing. In the event the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Rate Loans, subject to Section 7.2 hereof. In the event the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 hereof, including the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify. Any outstanding Borrowing of Domestic Rate Loans shall, subject to Section 7.2 6.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.7(a) that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a1.10(a) that it intends to prepay such Borrowing. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.7(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a1.7(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.10(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Rate Loans, subject to Section 7.2 6.2 hereof. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.7(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a1.7(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.10(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 6.2 hereof, including the application of Section 1.5 and of the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify. Any outstanding Committed Borrowing of Domestic Rate Loans shall, subject to Section 7.2 6.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that it intends to convert such Committed Borrowing into a Committed Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a1.14(a) that it intends to prepay such Committed Borrowing. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Committed Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.14(a) that it intends to prepay such Committed Borrowing, such Committed Borrowing shall automatically be converted into a Committed Borrowing of Domestic Rate Loans, subject to Section 7.2 6.2 hereof. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation of any outstanding principal amount of a Committed Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.14(a) that it intends to prepay such Committed Borrowing, such Borrowing shall automatically be continued as a Committed Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 6.2 hereof, including the application of Section 1.4 and of the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify. Any outstanding Borrowing of Domestic Rate Loans shall, subject to Section 7.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a) that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing. In the event the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Rate Loans, subject to Section 7.2 hereof. In the event the Borrower fails to give notice pursuant to Section 1.4(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 hereof, including the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify. Any outstanding Borrowing of Domestic Base Rate Loans shall, subject to Section 7.2 8.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a3.5(a) that it intends to prepay such Borrowing. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) 3.5 that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Base Rate Loans, subject to Section 7.2 8.2 hereof. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a) 3.5 that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 8.2 hereof, including the application of Section 1.5 and the restrictions contained in the definition of Interest Period.

Borrower’s Failure to Notify. Any outstanding Borrowing of Domestic Rate Loans shall, subject to Section 7.2 6.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.4(a1.5(a) that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 2.3(a1.8(a) that it intends to prepay such Borrowing. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.8(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Rate Loans, subject to Section 7.2 6.2 hereof. In the event If the Borrower fails to give notice pursuant to Section 1.4(a1.5(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.4(a1.5(a) and has not notified the Administrative Agent within the period required by Section 2.3(a1.8(a) that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 7.2 6.2 hereof, including the application of Section 1.4 and of the restrictions contained in the definition of Interest Period.