Common use of Conversions or Continuation of Borrowings Clause in Contracts

Conversions or Continuation of Borrowings. (a) Subject to the other provisions of this Credit Agreement, the Borrower may elect from time to time to convert (i) all or any part of Eurodollar Loans which comprise part of the same Eurodollar Borrowing to a Borrowing comprised of Base Rate Loans and (ii) all or any part of Base Rate Loans which comprise part of the same Borrowing to a Borrowing comprised of Eurodollar Loans, PROVIDED, HOWEVER, in each case that any such conversion of Eurodollar Loans comprising a Eurodollar Borrowing shall only be made on the last day of the applicable Interest Period with respect thereto. All or any part of a Borrowing may be converted as provided herein, PROVIDED that no Borrowing may be converted into a Eurodollar Borrowing when any Default or Event of Default has occurred and is continuing.

Conversions or Continuation of Borrowings. (a) Subject a)Subject to the other provisions of this Credit Agreement, the Borrower may elect from time to time to convert (i) all or any part of Eurodollar Loans which comprise part of the same Eurodollar Borrowing to a Borrowing comprised of Base Rate ABR Loans and (ii) all or any part of Base Rate ABR Loans which comprise part of the same Borrowing to a Borrowing comprised of Eurodollar Loans, PROVIDEDprovided, HOWEVERhowever, in each case that any such conversion of Eurodollar Revolving Credit Loans comprising a Eurodollar Borrowing shall shall, subject to the second following sentence, only be made on the last day of the applicable a Eurodollar Interest Period with respect thereto. All or any part of a Borrowing may be converted as provided herein, PROVIDED provided that no Borrowing may be converted into a Eurodollar Borrowing when any Default or Event of Default has occurred and is continuing.

Conversions or Continuation of Borrowings. (a) Subject to the other provisions of this Credit Agreement, the Borrower may elect from time to time to convert (i) all or any part of Eurodollar Loans which comprise part of the same Eurodollar Borrowing to a Borrowing comprised of Base Rate ABR Loans and (ii) all or any part of Base Rate ABR Loans which comprise part of the same Borrowing to a Borrowing comprised of Eurodollar Loans, PROVIDEDprovided, HOWEVERhowever, in each case that any such conversion of Eurodollar Revolving Credit Loans comprising a Eurodollar Borrowing shall shall, subject to the second following sentence, only be made on the last day of the applicable a Eurodollar Interest Period with respect thereto. All or any part of a Borrowing may be converted as provided herein, PROVIDED provided that no Borrowing may be converted into a Eurodollar Borrowing when any Default or Event of Default has occurred and is continuing.