Common use of Repayments and Conversions Clause in Contracts

Repayments and Conversions. The Borrower may (A) upon at least one (1) Business Days' irrevocable prior written notice to the Administrative Agent, repay or prepay a Base Rate Advance, or (B) upon at least three (3) Business Days' irrevocable prior written notice to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal amount thereof to one or more Eurodollar Advances. On the date indicated by the Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 3 contracts

Samples: Credit Agreement (Spectrasite Holdings Inc), Credit Agreement (Spectrasite Inc), Credit Agreement (Spectrasite Holdings Inc)

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Repayments and Conversions. The Borrower may (A) upon at least -------------------------- one (1) Business Days' irrevocable prior written notice to the Administrative Agent, repay or prepay a Base Rate Advance, or (B) upon at least three (3) Business Days' irrevocable prior written notice to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal amount thereof of such Base Rate Advance to one or more Eurodollar Advances. On the date indicated by the Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Credit Agreement (Etesting Labs Inc)

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Repayments and Conversions. The Borrower may (A) upon at least one (1) Business Days' irrevocable prior written notice to the Administrative Agent, repay or prepay a Base Rate Advance, or (B) upon at least three (3) Business Days' irrevocable prior written notice to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of the principal amount thereof of such Base Rate Advance to one or more Eurodollar Advances. On the date indicated by the Borrower, such Base Rate Advance shall be so repaid or converted.

Appears in 1 contract

Samples: Ziff Davis Intermediate Holdings Inc

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