Common use of Continuations and Conversions of Existing Loans Clause in Contracts

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Loans, to convert Libor Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) Borrowings of Libor Loans outstanding at any time. To make any such election, Borrower must give to Lender written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five four (54) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Convert, in whole or in part, Base Rate Loans to Libor LIBOR Loans, to convert Libor Convert, in whole or in part, LIBOR Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Continue, in whole or in part, LIBOR Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) Borrowings of Libor LIBOR Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings separateBorrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) ten Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower Borrowers may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower Borrowers may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower Borrowers may have no more than five (5) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower Borrowers must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Each Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, each Borrower may combine existing Loans made to such Borrower pursuant to separate Borrowings into one new Borrowing or divide existing Loans made to such Borrower pursuant to one Borrowing into separate new Borrowings, provided that no Borrower may have no more than five (5) four Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, a Borrower must give to Lender written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) 5 Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower (a) Borrowers may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower Borrowers may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower Borrowers may have no more than five (5) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower Borrowers must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, ; provided that Borrower may have no more than five (5) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) three Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) ten Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Convert, in whole or in part, Alternative Base Rate Loans to Libor LIBOR Loans, to convert Libor Convert, in whole or in part, LIBOR Loans to Alternative Base Rate Loans on the last day of the Interest Period applicable thereto, thereto and to continue Libor Continue, in whole or in part, LIBOR Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that . Borrower may have no more than five (5) Borrowings of Libor LIBOR Loans outstanding at any time. To make any such election, the Borrower Representative must give to Lender the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation"CONTINUATION/Conversion Notice” CONVERSION NOTICE" hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) six Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower may have no more than five (5) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “"Continuation/Conversion Notice” " hereunder and must:

Continuations and Conversions of Existing Loans. Borrower may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor SOFR Loans, to convert Libor SOFR Loans to Base Rate Loans, and to continue SOFR Loans on beyond the expiration of the last day of the Interest Period applicable thereto, and to continue Libor for such SOFR Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such conversion or expiration. In making such elections, Borrower may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, ; provided that Borrower may have no more than five (5) Borrowings of Libor SOFR Loans outstanding at any time. To make any such election, Borrower Xxxxxxxx must give to Lender Administrative Agent irrevocable written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such irrevocable notice constitutes a “Continuation/Conversion Notice” hereunder and must:

Continuations and Conversions of Existing Loans. Borrower Agent may make the following elections with respect to Loans already outstanding: to convert Base Rate Loans to Libor Eurodollar Loans, to convert Libor Eurodollar Loans to Base Rate Loans on the last day of the Interest Period applicable thereto, and to continue Libor Eurodollar Loans beyond the expiration of such Interest Period by designating a new Interest Period to take effect at the time of such expiration. In making such elections, Borrower Borrowers may combine existing Loans made pursuant to separate Borrowings into one new Borrowing or divide existing Loans made pursuant to one Borrowing into separate new Borrowings, provided that Borrower Borrowers may have no more than five fifteen (515) Borrowings of Libor Eurodollar Loans outstanding at any time. To make any such election, Borrower Agent must give to Lender Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Loans, with a separate notice given for each new Borrowing. Each such notice constitutes a “Continuation/Conversion Notice” hereunder and must: