Automatic Conversions. During the existence of an Event of Default, all outstanding Loans denominated in a Committed Currency shall be redenominated and converted into their Equivalent of Base Rate Loans in Dollars on the last day of the Interest Period applicable to any such Loans.
Appears in 5 contracts
Samples: Credit Agreement (Timken Co), Credit Agreement (Timken Co), Assignment and Assumption (Timken Co)
Automatic Conversions. During the existence of an Event of Default, all outstanding Loans denominated in a Committed Foreign Currency shall be redenominated and converted into their Dollar Equivalent of Base Rate Loans in Dollars on the last day of the Interest Period applicable to any such Loans.
Appears in 3 contracts
Samples: Credit Agreement (Advanced Medical Optics Inc), Credit Agreement (Advanced Medical Optics Inc), Credit Agreement (Amo Holdings LLC)
Automatic Conversions. During the existence of an Event of Default, all outstanding Loans denominated in a Committed an Other Currency shall be redenominated and converted into their Dollar Equivalent of Base Rate Loans in Dollars on the last day of the Interest Period applicable to any such Loans.
Appears in 3 contracts
Samples: Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/)
Automatic Conversions. During the existence of an Event of Default, all outstanding Loans denominated in a Committed Currency shall be redenominated and converted into their Equivalent of Base Rate Loans in Dollars on the last day of the Interest Period applicable to any such Loans.. ARTICLE III
Appears in 1 contract
Samples: Credit Agreement (Timken Co)
