Common use of Conversion to Term Loan Clause in Contracts

Conversion to Term Loan. Up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "Notice to Convert") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "Conversion Date") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 5.2 have been satisfied as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Loan Termination Date under Section 2.2.1 above and to borrow and ------------- reborrow Syndicated Loans hereunder shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Syndicated Loans shall include such loans as converted hereunder.

Conversion to Term Loan. Up From and after the Closing Date up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "Notice to ConvertNOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances Syndicated Loans hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "Conversion DateCONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 5.2 SECTION 4.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Revolving Loan Termination Date under Section 2.2.1 SECTION 2.1.2 above and to borrow and ------------- reborrow Syndicated Loans hereunder and Bid Rate Loans shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Revolving Credit Loans, Syndicated Loans or Loans or Syndicated Advances shall include such loans Loans or Advances as converted hereunder.

Conversion to Term Loan. Up until Provided (i) the Spin-Off Transactions have been consummated and evidence of the same shall have been delivered to the Lenders and (ii) no Default or Unmatured Default shall be continuing, from and after the Closing Date to and including the Commitment ----------------------- Termination Date, at the BorrowerCompany's option upon written notice (a "Notice to ConvertNOTICE TO CONVERT") to the Administrative Agent (who which shall promptly notify each all of the Lenders), the Borrower Company, on behalf of all of the Borrowers, may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall (i) expressly state the date on which such conversion shall occur (such date being the "Conversion CONVERSION DATE"), which date shall be a Business Day occurring on or before the Commitment Termination Date", (ii) and shall be irrevocable once given and shall (iii) constitute a representation and warranty by the Borrower Borrowers that the conditions contained in Section 5.2 4.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's Borrowers' option to request extensions of the Syndicated Revolving Loan Termination Date under Section 2.2.1 above 2.23 and to borrow and ------------- reborrow Syndicated Revolving Loans hereunder shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding aggregate principal balance of all Syndicated Revolving Loans hereunder shall be due and payable on the earlier of (a) the Converted Loan Termination Date. All references in this Agreement to Syndicated Date and (b) the date on which all Loans shall include such loans as converted hereunderbecome due and payable under Article VIII.

Conversion to Term Loan. Up From and after the consummation of the Debt -------------------------- Assumption up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "Notice to ConvertNOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "Conversion DateCONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 5.2 have ----------- been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Revolving Loan Termination Date under Section 2.2.1 clause (a) above ---------- and to borrow and ------------- reborrow Syndicated Revolving Loans hereunder hereunder, shall terminate, (ii) the Aggregate Revolving Loan Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Syndicated Revolving Loans shall include such loans Loans as converted hereunder.. 2.3

Conversion to Term Loan. Up From and after the Closing Date up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "Notice to ConvertNOTICE TO CONVERT") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "Conversion DateCONVERSION DATE") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 5.2 4.2 have been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Revolving Loan Termination Date under Section 2.2.1 above and to borrow and ------------- reborrow Syndicated Revolving Loans hereunder hereunder, shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Syndicated Revolving Credit Loans or Loans shall include such loans Loans as converted hereunder.

Conversion to Term Loan. Up From and after the consummation of the Debt -------------------------- Assumption up until and including the Commitment ----------------------- Termination Date, at the Borrower's option upon written notice (a "Notice to Convert") to the Administrative Agent (who shall promptly notify each of the Lenders), the Borrower may convert the then outstanding aggregate principal amount of the Advances hereunder to a term loan. The Notice to Convert shall expressly state the date on which such conversion shall occur (such date being the "Conversion Date") and shall be irrevocable once given and shall constitute a representation and warranty by the Borrower that the conditions contained in Section 5.2 have ----------- been satisfied as of the date of such Notice to Convert and as of the Conversion Date. Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Revolving Loan Termination Date under Section 2.2.1 clause (a) above ---------- and to borrow and ------------- reborrow Syndicated Revolving Loans hereunder hereunder, shall terminate, (ii) the Aggregate Revolving Loan Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date. All references in this Agreement to Syndicated Revolving Loans shall include such loans Loans as converted hereunder.