Common use of Conversion to Different Type of Syndicated Loan Clause in Contracts

Conversion to Different Type of Syndicated Loan. The Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED that (i) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto; (ii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon (Boston time) three (3) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan prior written notice of such election and (iii) no Syndicated Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, each Bank shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted as provided herein, PROVIDED that partial conversions shall be in an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower.

Conversion to Different Type of Syndicated Loan. The Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED provided that (i) with respect to any such conversion of a Syndicated Loan to a Base Rate Loan, the Borrower shall give the Agent written notice of such election by 10:00 a.m. on the proposed conversion date of such Syndicated Loan; (ii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto; (iiiii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon at least two (Boston time) three (32) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan prior written notice of such election and (iiiiv) no Syndicated Loan may be converted into a a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, each Bank shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted as provided herein, PROVIDED provided that partial conversions shall be in an aggregate principal amount of $1,000,000 500,000 or a whole multiple of $100,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower.

Conversion to Different Type of Syndicated Loan. The Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED that (ia) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Agent at least one (1) Business Day's prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent at least three (3) Eurodollar Business Days' prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto; and (iid) with respect to any such conversion of a no Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon (Boston time) three (3) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan prior written notice of such election and (iii) no Syndicated Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, made each Bank shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted into a Syndicated Loan of another Type as provided herein, PROVIDED that any partial conversions conversion shall be in an aggregate principal amount of $1,000,000 2,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower.

Conversion to Different Type of Syndicated Loan. The ----------------------------------------------- Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED provided that (i) with respect -------- to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto; (ii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon at least two (Boston time) three (32) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan prior written notice of such election and (iii) no Syndicated Base Rate Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, each Bank shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted as provided herein, PROVIDED provided that partial conversions shall be in an aggregate -------- principal amount of $1,000,000 500,000 or a whole multiple of $100,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Base Rate Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower.

Conversion to Different Type of Syndicated Loan. The Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED provided that (i) with respect to any such conversion of a Syndicated Loan to a Base Rate Loan, the Borrower shall give the Agent written notice of such election by 10:00 a.m. on the proposed conversion date of such Syndicated Loan; (ii) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate LoanSyndicated Loan of another Type, such conversion shall only be made on the last day of the Interest Period with respect thereto; (iiiii) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon at least two (Boston time) three (32) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan Days prior written notice of such election and (iiiiv) no Syndicated Loan may be converted into a a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, made each Bank shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted as provided herein, PROVIDED provided that partial conversions shall be in an aggregate principal amount of $1,000,000 500,000 or a whole multiple of $100,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Loan to or a Eurodollar Rate Loan shall be irrevocable by the Borrower. 2.8.2.

Conversion to Different Type of Syndicated Loan. The Borrower may elect from time to time to convert any outstanding Syndicated Loan to a Syndicated Loan of another Type, PROVIDED that (ia) with respect to any such conversion of a Eurodollar Rate Loan to a Base Rate Loan, the Borrower shall give the Agent at least one (1) Business Day's prior written notice of such election; (b) with respect to any such conversion of a Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent at least three (3) Eurodollar Business Days' prior written notice of such election; (c) with respect to any such conversion of a Eurodollar Rate Loan into a Base Rate Loan, such conversion shall only be made on the last day of the Interest Period with respect thereto; and (iid) with respect to any such conversion of a no Base Rate Loan to a Eurodollar Rate Loan, the Borrower shall give the Agent by 12:00 noon (Boston time) three (3) Eurodollar Business Days' prior to the proposed conversion date of such Syndicated Loan prior written notice of such election and (iii) no Syndicated Loan may be converted into a Eurodollar Rate Loan when any Default or Event of Default has occurred and is continuing. On the date on which such conversion is being made, made each Bank Lender shall take such action as is necessary to transfer its Commitment Percentage of such Syndicated Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of the outstanding Syndicated Loans of any Type may be converted into a Syndicated Loan of another Type as provided herein, PROVIDED that any partial conversions conversion shall be in an aggregate principal amount of $1,000,000 2,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof. Each Conversion Request relating to the conversion of a Syndicated Loan to a Eurodollar Rate Loan shall be irrevocable by the Borrower.