Common use of Borrowing/Conversion/Continuation Notice Clause in Contracts

Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (ii) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iii) five (5) Business Days before the date of the requested conversion or continuation with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Borrower shall give the applicable Alternate Currency Lender irrevocable notice by 11:00 a.m. (local time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

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Borrowing/Conversion/Continuation Notice. The Company Borrower shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to irrevocable notice of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five (5) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Alternate Currency Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local time) three two (32) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

Borrowing/Conversion/Continuation Notice. The Company Borrower shall give the Administrative Agent irrevocable notice (a Borrowing"BORROWING/ConversionCONVERSION/Continuation Notice with respect to CONTINUATION NOTICE") of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five (5) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Alternate Currency Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local time) three two (32) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Schawk Inc)

Borrowing/Conversion/Continuation Notice. The Company Borrower (on behalf of itself or any Subsidiary Borrower) shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to irrevocable notice of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York timeLocal Time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five (5) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Alternate Currency Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local timeLocal Time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Schawk Inc)

Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (ii) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, Dollars and (iii) five (5) Business Days before the date of the requested conversion or continuation with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Borrower shall give the applicable Alternate Currency Lender irrevocable notice by 11:00 a.m. (local time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loan(s) Loans or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

Borrowing/Conversion/Continuation Notice. The Company Borrower shall give the Administrative Agent irrevocable notice (a Borrowing"BORROWING/ConversionCONVERSION/Continuation Notice with respect to CONTINUATION NOTICE") of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five (5) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Alternate Currency Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local time) three two (32) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may be specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s)Loans, as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Schawk Inc)

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Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of a Floating Rate an ABR Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, Dollars and (ii) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iii) five (5) Business Days before the date of the requested conversion or continuation with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Borrower shall give the applicable Alternate Currency Lender irrevocable notice by 11:00 a.m. (local time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, Loans into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto; provided that so long as any Multicurrency Tranche 1 Revolving Loans, US Tranche 1 Revolving Loans or Tranche 1 Term Loans shall be outstanding, the Company shall not elect to continue an Advance of Multicurrency Tranche Revolving Loans, US Tranche Revolving Loans or Term Loans of either Class under this paragraph unless it shall simultaneously and ratably continue in the same manner the corresponding Advance of the other Class of Multicurrency Tranche Revolving Loans, US Tranche Revolving Loans or Term Loans, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent irrevocable notice (a Borrowing"BORROWING/Conversion/Continuation Notice with respect to CONVERSION/ CONTINUATION NOTICE") of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 9:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five four (54) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local time) three two (32) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (American National Can Group Inc)

Borrowing/Conversion/Continuation Notice. The Company Borrower (on behalf of itself or any Subsidiary Borrower) shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to irrevocable notice of each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 10:00 a.m. (New York Chicago time) (ix) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (iiy) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iiiz) five (5) Business Days before the date of the requested conversion or continuation Borrowing Date with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Alternate Currency Borrower shall give the applicable Alternate Currency Lender Bank irrevocable notice by 11:00 10:00 a.m. (local time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x1) the requested date (which shall be a Business Day) of such conversion or continuation; (y2) the amount and Type of the Loan to be converted or continued; and (z3) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Schawk Inc)

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