Common use of Special Provisions Governing Eurodollar Rate Loans Clause in Contracts

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 17 contracts

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Constar International Inc)

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Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.112.10, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 3 contracts

Samples: Credit Agreement (Alaris Medical Systems Inc), Credit Agreement (Amkor Technology Inc), Credit Agreement (GLG Partners, Inc.)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the applicable Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 2 contracts

Samples: Credit Agreement (Suntron Corp), Credit Agreement (Suntek Corp)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower Agent containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Credit Agreement (J Crew Group Inc)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower Agent containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable. AMENDED AND RESTATED CREDIT AGREEMENT J. CREW GROUP, INC.

Appears in 1 contract

Samples: Credit Agreement (J Crew Group Inc)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the CREDIT AGREEMENT U.S. CONCRETE, INC. Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Credit Agreement (Us Concrete Inc)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.. Section 2.12

Appears in 1 contract

Samples: Credit Agreement (Datapath Inc)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate 42 Credit Agreement Orbital Sciences Corporation Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Credit Agreement (Orbital Sciences Corp /De/)

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Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.112.9, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Term Loans, then, upon the expiration of the applicable Interest Period, such Term Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Pledge and Security Agreement (Collective Brands, Inc.)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Committed Loan Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Committed Loan Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Interim Loan Agreement (Tenet Healthcare Corp)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.112.9, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Geologistics Corp)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.114.18, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Inc)

Special Provisions Governing Eurodollar Rate Loans. If, within the time period required under the terms of this Section 2.11, the Administrative Agent does not receive a Notice of Conversion or Continuation from the Borrower Company containing a permitted election to continue any Eurodollar Rate Loans for an additional Interest Period or to convert any such Loans, then, upon the expiration of the applicable Interest Period, such Loans shall be automatically converted to Base Rate Loans. Each Notice of Conversion or Continuation shall be irrevocable.

Appears in 1 contract

Samples: Credit Agreement (Marquee Holdings Inc.)

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