Common use of Request for Conversion Clause in Contracts

Request for Conversion. Borrower hereby requests that the following Loan(s) be converted to [a] new interest rate option[s] as indicated [check all applicable]: Description of Loan(s) to be Converted [check one]: On [insert date] , convert $ of the Base Rate Loan under the [Term A/Term B/Revolving] Loan Facility. [Term A/Term B/Revolving] Loan Facility in the principal amount of $ , the Interest Period for which expires on [insert date]: Description of New Loan(s) [check all applicable]: to a LIBOR Loan in the principal amount of $ , for an Interest Period of [check one]: 1 month 2 months 3 months 6 months

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement

Request for Conversion. Borrower hereby requests that the following Loan(s) be converted to [a] new interest rate option[s] as indicated [check all applicable]: Description of Loan(s) to be Converted [check one]: On [insert date] , convert $ of the Base Rate Loan under the [Term A/Term B/Revolving] Loan Facility. [Term A/Term B/Revolving] Loan Facility in the principal amount of amountof $ , the Interest Period for which expires on [insert date]: Description of New Loan(s) [check all applicable]: to a LIBOR Loan in the principal amount of $ , for an Interest Period of [check one]: 1 month 2 months 3 months 6 months

Appears in 1 contract

Sources: Credit Agreement