Common use of Repayments and Conversions Clause in Contracts

Repayments and Conversions. The Borrower may (A) at any time without prior notice repay a Base Rate Borrowing 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 of any Base Rate Borrowing to one or more Eurodollar Borrowings. Upon the date indicated by the Borrower, such Base Rate Borrowing shall be so repaid or converted.

Repayments and Conversions. The Borrower may (A) subject to Section 2.6, at any time without prior notice repay a Base Rate Borrowing Loan or (B) upon at least three (3) Business Days irrevocable prior written notice to the Administrative Agent in the form of NAI-1519103236v13 35 a Notice of Conversion/Continuation, convert all or a portion of the principal of any Base Rate Borrowing Loan to one or more Eurodollar BorrowingsLoans. Upon the date indicated by the Borrower, such Base Rate Borrowing Loan shall be so repaid or converted.