Common use of Conversion of Advances Clause in Contracts

Conversion of Advances. The Borrower may on any Business Day, upon notice given to the Agent not later than 1:00 P.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.11, Convert all Advances of one Type comprising the same Borrowing into Advances of the other Type; provided, however, that any Conversion of Eurodollar Rate Advances into Base Rate Advances shall be made only on the last day of an Interest Period for such Eurodollar Rate Advances, any Conversion of Base Rate Advances into Eurodollar Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Conversion of Advances. The Borrower may on any Business Day, upon notice given to the Agent not later than 1:00 P.M. 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.11, Convert all Advances of one Type comprising the same Borrowing into Advances of the other Type; provided, however, that any Conversion of Eurodollar Rate Advances into Base Rate Advances shall be made only on the last day of an Interest Period for such Eurodollar Rate Advances, any Conversion of Base Rate Advances into Eurodollar Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Conversion of Advances. (a) The Borrower may on any Business Day, upon notice given to the Agent not later than 1:00 P.M. 11:00 a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion Conversion, and subject to the provisions of Sections 2.07 2.02(c), 2.06, 2.07, 2.08(d) and 2.112.10(c), Convert all or any Advances (except Auction Bid Advances) of one Type comprising the same Borrowing into Advances Ad- vances of the other Type; provided, however, that (i) except as provided in Section 2.10(c), any Conversion of any Adjusted Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on on, the last day of an Interest Period for such Adjusted Eurodollar Rate Advances, Advances and (ii) the Borrower may not Convert any Conversion of Base Rate Advances into Adjusted Eurodollar Rate Advances shall be unless such Base Rate Advances are in an aggregate amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b)$1,000,000. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Type and aggregate amount of Advances to be Converted, Converted and (iii) if such Conversion is into Adjusted Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the BorrowerAdvances.

Conversion of Advances. The Borrower may on any Business Day, upon notice given to the Agent not no later than 1:00 P.M. 11:00 a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.07 and 2.11Section 2.02, Convert all Advances of one Type comprising the same Borrowing into Advances of the other Type; provided, however, that (i) any Conversion of any Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on on, the last day of an Interest Period for such Eurodollar Rate Advances, any Conversion of Base Rate except as provided in Section 2.02(b)(iii), and (ii) Advances comprising a Borrowing may not be Converted into Eurodollar Rate Advances shall be in an if the outstanding principal amount not of such Borrowing is less than the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b)$2,000,000. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower.

Conversion of Advances. (a) The Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 1:00 P.M. 11:00 a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion Conversion, and subject to the provisions of Sections 2.07 2.02(c), 2.07, 2.08, 2.09(d) and 2.112.11(c), Convert all or any Advances of one Type comprising the same Borrowing into Advances of the other Type; provided, however, that (i) except as provided in Section 2.11(d), any Conversion of any Eurodollar Rate Advances into Base Rate Advances shall be made on, and only on on, the last day of an Interest Period for such Eurodollar Rate Advances, (ii) the Borrower may not Convert any Conversion of Base Rate Advances into Eurodollar Rate Advances shall be unless such Base Rate Advances are in an aggregate amount not less than the minimum amount specified in Section 2.02(b$10,000,000 and (iii) and no Conversion conversion of any Advances shall result in more separate Borrowings Interests periods than permitted under Section 2.02(b2.02(b)(iv). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Type and aggregate amount of Advances to be Converted, Converted and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the BorrowerAdvances.