Treatment of Affected Advances. If the obligation of any Lender to make LIBOR Advances or to Continue, or to Convert Base Rate Advances into, LIBOR Advances shall be suspended pursuant to Section 4.2 or Section 4.3 then such Lender's LIBOR Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for LIBOR Advances (or, in the case of a Conversion required by Section 4.2 on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 4.1, Section 4.2 or Section 4.3 that gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the Eurodollar Advances of any Lender (such Eurodollar Advances being hereinafter called “Affected Advances”) are to be Converted pursuant to Section 5.1 or 5.3 hereof, such Lender’s Affected Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 5.1(b) or 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 5.1 or 5.3 hereof which gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the Eurodollar Advances of any Lender (such Eurodollar Advances being hereinafter called "Affected Advances") are to be Converted pursuant to Section 5.1 or 5.3 hereof, such Lender's Affected Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 5.1(b) or 5.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 5.1 or 5.3 hereof which gave rise to such Conversion no longer exist: To the extent that such Lender's Affected Advances have been so Converted, all payments and prepayments of principal which would otherwise be applied to such Lender's Affected Advances shall be applied instead to its Base Rate Advances; and All Affected Advances which would otherwise be made or Continued by such Lender as Eurodollar Advances shall be made as or Converted into Base Rate Advances and all Affected Advances of such Lender which would otherwise be Converted into Eurodollar Advances shall be Converted instead into (or shall remain as) Base Rate Advances. If such Lender gives notice to the Borrower (with a copy to the Agent) that the circumstances specified in Section 5.1 or 5.3 hereof which gave rise to the Conversion of such Lender's Affected Advances pursuant to this Section 5.4 no longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a time when Affected Advances are outstanding, such Lender's Base Rate Advances shall be automatically Converted, on the first day(s) of the next succeeding Interest Period(s) for such outstanding Affected Advances to the extent necessary so that, after giving effect thereto, all Eurodollar Advances held by the Lenders holding Eurodollar Advances and by such Lender are held pro rata (as to principal amounts, and Interest Periods) in accordance with their respective Revolving Credit Commitments.
Treatment of Affected Advances. If the Eurodollar Advances of any Lender (hereinafter called "Affected Advances") are to be Converted pursuant to Section 4.02 or 4.03 hereof, such Lender's Affected Advances shall be automatically Converted into Prime Rate Advances on the FOURTH AMENDED AND RESTATED CREDIT AGREEMENT, PAGE 38 45 last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 4.01(b) or 4.03 hereof, on such earlier date as such Lender may specify to Borrowers, with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in Section 4.01 or 4.03 hereof which gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the Eurodollar Advances of the Bank (such Eurodollar Advances being hereinafter called "Affected Advances") are to be Converted pursuant to Section 4.2 or 4.4 hereof, the Bank's Affected Advances shall be automatically Converted into Prime Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 4.2(b) or 4.4 hereof, on such earlier date as the Bank may specify to the Borrower), and, unless and until the Bank gives notice as provided below that the circumstances specified in Section 4.2 or 4.4 hereof which gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the LIBOR Advances of the ------------------------------- Bank (such LIBOR Advances being hereinafter called "Affected Advances") are to ----------------- be Converted pursuant to Section 6.2 or 6.4 hereof, the Bank's Affected Advances ----------- --- shall be automatically Converted into Prime Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 6.2(b) or 6.4 hereof, on such earlier date -------------- --- as the Bank may specify to the Borrower), and, unless and until the Bank gives notice as provided below that the circumstances specified in Section 6.2 or 6.4 ----------- --- hereof which gave rise to such Conversion no longer exist: (a) To the extent that the Bank's Affected Advances have been so Converted, all payments and prepayments of principal which would otherwise be applied to the Bank's Affected Advances shall be applied instead to its Prime Rate Advances; and (b) All Advances which would otherwise be made or Continued by the Bank as LIBOR Advances shall be made as or Converted into Prime Rate Advances and all Advances of the Bank which would otherwise be Converted into LIBOR Advances shall remain as Prime Rate Advances. Section 6.6.
Treatment of Affected Advances. 30 Section 4.6. Affected Lenders. 31 Section 4.7. Change of Lending Office. 31 Section 4.8. Assumptions Concerning Funding of LIBOR Advances. 32 ARTICLE V. CONDITIONS PRECEDENT 32 Section 5.1. Initial Conditions Precedent. 32 Section 5.2. Additional Conditions Precedent to Advances 34 ARTICLE VI. Representations and Warranties 34 ws3C1.tmp
Treatment of Affected Advances. If the Eurodollar Advances of any Bank (Advances of such Type being hereinafter called "Affected Advances" and such Type being herein called the "Affected Type") are to be Converted pursuant to Section 4.1 or 4.3 hereof, such Bank's Affected Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 4.1(b) or 4.3 hereof, on such earlier date as such Bank may specify to the Borrower with a copy to the Agent) and, unless and until such Bank gives notice as provided below that the circumstances specified in Section 4.1 or 4.3 hereof which gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the obligation of the Bank to make LIBOR Advances or to Continue, or to Convert Base Rate Advances into, LIBOR Advances shall be suspended pursuant to Section 5.2 or Section 5.3 then the Bank's LIBOR Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for LIBOR Advances (or, in the case of a Conversion required by Section 5.2 on such earlier date as the Bank may specify to the Borrower) and, unless and until the Bank gives notice as provided below that the circumstances specified in Section 5.1, Section 5.2 or Section 5.3 that gave rise to such Conversion no longer exist:
Treatment of Affected Advances. If the Advances of the Lender of a particular Type (Advances of such Type being hereinafter called "Affected Advances" and such Type being herein called the "Affected Type") are to be Converted pursuant to Section 4.1 or 4.3, the Lender's Affected Advances shall be automatically Converted into Base Rate Advances on the last day(s) of the then current Interest Period(s) for the Affected Advances (or, in the case of a Conversion required by Section 4.1(b) or 4.3, on such earlier date as the Lender may specify to the Borrowers) and, unless and until the Lender gives notice as provided below that the circumstances specified in Section 4.1 or 4.3 hereof which gave rise to such Conversion no longer exist:
