Continuation and Conversion of Loans. The Company shall have the ------------------------------------ right at any time on prior irrevocable written notice to the Bank (i) to continue any Loan into a subsequent Interest Period and (ii) to convert any Loan into another type of Loan permitted by this Agreement (specifying, in the case of LIBOR Rate Loan, the Interest Period to be applicable thereto), subject to the following:
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Hi Tech Pharmacal Co Inc), Credit and Term Loan Agreement (Hi Tech Pharmacal Co Inc)
Continuation and Conversion of Loans. The Company shall have the ------------------------------------ right at any time on prior irrevocable written notice to the Bank (i) to continue any Loan into a subsequent Interest Period and (ii) to convert any Loan into another type of Loan permitted by this Agreement (specifying, in the case of LIBOR Rate LoanLoans, the Interest Period to be applicable thereto), subject to the following:
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Netsmart Technologies Inc)
Continuation and Conversion of Loans. The Company shall have the ------------------------------------ right at any time on prior irrevocable written notice to the Bank (i) to continue any Loan into a subsequent Interest Period and (ii) to convert any Loan into another type of Loan permitted by this Agreement (specifying, in the case of LIBOR Rate Loan, the Interest Period to be applicable thereto), subject to the following:
Appears in 1 contract
Samples: Hi Tech Pharmacal Co Inc
Continuation and Conversion of Loans. The Company shall have the ------------------------------------ right at any time on prior irrevocable written notice to the Bank (i) to continue any Loan into a subsequent Interest Period and (ii) to convert any Loan into another type of Loan permitted by this Agreement (specifying, in the case of LIBOR Rate LoanLoans, the Interest Period to be applicable thereto), subject to the following:
Appears in 1 contract
Samples: Netsmart Technologies Inc