Common use of Conversion and Continuation Elections Clause in Contracts

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 36 contracts

Samples: Loan and Security Agreement (Aspen Aerogels Inc), Loan and Security Agreement (Millennial Media Inc.), Loan and Security Agreement (TrueCar, Inc.)

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Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesLoans, Borrower may, upon irrevocable written notice to Bank:

Appears in 7 contracts

Samples: Loan and Security Agreement (XRS Corp), Loan and Security Agreement (Ari Network Services Inc /Wi), Loan and Security Agreement (Force10 Networks Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to Bank:

Appears in 6 contracts

Samples: Loan and Security Agreement (Numerex Corp /Pa/), Loan and Security Agreement (Axcelis Technologies Inc), Loan and Security Agreement (Numerex Corp /Pa/)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 5 contracts

Samples: Loan and Security Agreement (Ibasis Inc), Loan and Security Agreement (DemandTec, Inc.), Loan and Security Agreement (Sonic Innovations Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time upon notice to Borrower for Borrower’s requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to Bank:

Appears in 4 contracts

Samples: Loan and Security Agreement (Enernoc Inc), Loan and Security Agreement (Enernoc Inc), Loan Modification Agreement (Enernoc Inc)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or Default exists; (ii2) Borrower shall not have sent any notice of termination of this Agreement; and (iii3) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to Bank:

Appears in 3 contracts

Samples: Loan and Security Agreement (Radisys Corp), Loan and Security Agreement (3PAR Inc.), Loan and Security Agreement (Radisys Corp)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or event which with notice, passage of time, or both would constitute an Event of Default exists; (ii2) Borrower no party hereto shall not have sent any notice of termination of this Agreement; and (iii3) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 3 contracts

Samples: Loan and Security Agreement (Stratex Networks Inc), Loan and Security Agreement (Equinix Inc), Loan and Security Agreement (Equinix Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s 's requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 3 contracts

Samples: Loan and Security Agreement (Vitesse Semiconductor Corp), Loan Agreement (I Flow Corp /De/), Loan and Security Agreement (Limelight Networks, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default existsexists and is continuing; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 3 contracts

Samples: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Calix, Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has Lenders have established from time to time for Borrower’s requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to BankAgent:

Appears in 2 contracts

Samples: Loan and Security Agreement (GAIN Capital Holdings, Inc.), Loan and Security Agreement (GAIN Capital Holdings, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:;

Appears in 2 contracts

Samples: Loan and Security Agreement (Zillow Inc), Loan and Security Agreement (Cardiac Science CORP)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower is Streamline Eligible, (iii) Borrower shall not have sent any notice of termination of this Agreement; and (iiiiv) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Roku, Inc), Loan and Security Agreement (Roku, Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower Borrowers shall not have sent any notice of termination of this Agreement; and (iii) Borrower Borrowers shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, either Administrative Borrower or Singapore Borrower, as applicable, may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Aviat Networks, Inc.), Loan and Security Agreement (Aviat Networks, Inc.)

Conversion and Continuation Elections. (ad) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Limelight Networks, Inc.), Loan and Security Agreement (Rosetta Stone Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesLoans, Borrower may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Mips Technologies Inc), Loan and Security Agreement (Shutterstock, Inc.)

Conversion and Continuation Elections. (ai) So long as (ix) no Event of Default or Default exists; (iiy) Borrower shall not have sent any notice of termination of this Agreement; and (iiiz) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Quicklogic Corporation), Loan and Security Agreement (Quicklogic Corporation)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Jive Software, Inc.), Loan and Security Agreement (Virage Logic Corp)

Conversion and Continuation Elections. (a) So long as (ix) no Event of Default exists; (iiy) Borrower Borrowers shall not have sent any notice of termination of this Agreement; and (iiiz) Borrower Borrowers shall have complied with such customary procedures as Bank has established from time to time for Borrower’s Borrowers’ requests for LIBOR Advances, Borrower Borrowers may, upon irrevocable written notice to Bank:

Appears in 2 contracts

Samples: Loan and Security Agreement (Aviat Networks, Inc.), Loan and Security Agreement (Aviat Networks, Inc.)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or Default exists; (ii2) Borrower shall not have sent any notice of termination of this Agreement; and (iii3) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s 's requests for LIBOR AdvancesCredit Extensions, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Radisys Corp)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or Default exists; (ii2) no Borrower shall not have has sent any notice of termination of this Agreement; and (iii3) each Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s Borrowers’ requests for LIBOR Advances, Borrower Borrowers may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Covad Communications Group Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesEurodollar Loans, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Sagent Pharmaceuticals, Inc.)

Conversion and Continuation Elections. (a) 31. So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Rubicon Project, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s 's requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Pixelworks, Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests request for a LIBOR AdvancesAdvance, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this the Loan Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Satcon Technology Corp)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower Borrowers shall not have sent any notice of termination of this Agreement; and (iii) Borrower Borrowers shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:has

Appears in 1 contract

Samples: Loan and Security Agreement (Outbrain Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesLoans, Borrower may, upon irrevocable (except as provided in Section 3.7(e)) written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Calix Networks Inc)

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Conversion and Continuation Elections. (a) 4.1 So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this the Loan Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Axcelis Technologies Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) neither Borrower shall not have sent any notice of termination of this Agreement; and (iii) the applicable Borrower shall have complied with such customary procedures as Bank has established from time to time for a Borrower’s requests for LIBOR Advances, either Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Harmonic Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iiiii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Oclaro, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default existsor Default exists or has occurred and is continuing; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Rate Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesAdvances or LIBOR Loan, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Xactly Corp)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or event which with notice, passage of time, or both would constitute an Event of Default exists; (ii2) Borrower no party hereto shall not have sent any notice of termination of this Agreement; and (iii3) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s 's requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Stratex Networks Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank Lender has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to BankLender:

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Lantronix Inc)

Conversion and Continuation Elections. (a) ab. So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Magnite, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower Borrowers shall not have sent any notice of termination of this Agreement; and (iii) Borrower Borrowers shall have complied with such customary procedures as Bank has established from time to time for Borrower’s Borrowers’ requests for LIBOR Advances, the applicable Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (TrueCar, Inc.)

Conversion and Continuation Elections. (a) So long as (i1) no Event of Default or event which with notice, passage of time, or both would constitute an Event of Default exists; (ii2) Borrower no party hereto shall not have sent any notice of termination of this Agreement; and (iii3) Borrower Borrowers shall have complied with such customary procedures as Bank Agent has established from time to time for Borrower’s Borrowers’ requests for LIBOR Advances, Borrower Borrowers may, upon irrevocable written notice to BankAgent:

Appears in 1 contract

Samples: Loan and Security Agreement (Equinix Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesTerm Loans, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Engines, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances and LIBOR Second Equipment Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Omniture, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) Borrower shall not have sent any notice of termination of this the Loan Agreement; and (iii) Borrower shall have complied with such customary and reasonable procedures as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Evergreen Solar Inc)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank Lender has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:Lender,

Appears in 1 contract

Samples: Loan and Security Agreement (Energy Recovery, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures as Bank has established from time to time for Borrower’s requests for LIBOR AdvancesEurodollar Rate Loans, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default or Default exists; (ii) no Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower Borrowers shall have complied with such customary procedures as Bank has established from time to time for Borrower’s Borrowers’ requests for LIBOR Advances, Borrower Borrowers may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Internet Brands, Inc.)

Conversion and Continuation Elections. (a) So long as (i) no Event of Default exists; (ii) Borrower shall not have sent any notice of termination of this Agreement; and (iii) Borrower shall have complied with such customary procedures procedures, applicable to Bank’s borrowers generally, as Bank has established from time to time for Borrower’s requests for LIBOR Advances, Borrower may, upon irrevocable written notice to Bank:

Appears in 1 contract

Samples: Loan and Security Agreement (Intersections Inc)

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