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
Sources: Credit Agreement (Timken Co), Credit Agreement (Timken Co), Credit Agreement (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
Sources: Credit Agreement (Advanced Medical Optics Inc), Credit Agreement (Amo Holdings LLC), Credit Agreement (Advanced Medical Optics Inc)
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
Sources: 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
Sources: Credit Agreement (Timken Co)