Common use of Treatment of Affected Loans Clause in Contracts

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 11 contracts

Samples: 364 Day Revolving Credit and Term Loan Agreement (Dobson Communications Corp), NBPLP Credit Agreement (Northern Border Partners Lp), Revolving Credit and Term Loan Agreement (Coorstek Inc)

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Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS Sections 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION Section 4.3 hereof, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS Sections 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Acx Technologies Inc), Revolving Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.13.15, 4.23.16, or 4.3 3.17 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 3.17 hereof, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.13.15, 4.23.16, or 4.3 3.17 hereof that gave rise to such conversion no longer exist:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Worldcom Inc/ga//), Credit Agreement (Mci Worldcom Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Convert Base Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof4.3, then such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Red Lion Hotels CORP), Revolving Credit Agreement (Protection One Alarm Monitoring Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Base Convert Prime Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS SECTION 4.1, 4.2, or 4.3 hereof4.3, then such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Prime Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS SECTION 4.1, 4.2, or 4.3 hereof that gave rise to such conversion Conversion no longer exist:

Appears in 2 contracts

Samples: Credit Agreement (Centex Development Co Lp), Credit Agreement (Centex Development Co Lp)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof, on such earlier date as such Lender may specify to Borrower Borrowers with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Affiliated Computer Services Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings make or to continueContinue, or to convert Convert Base Rate Borrowings into Loans into, Eurodollar Rate Borrowings, shall be Loans is suspended pursuant to SECTIONS 4.1, 4.2, SECTION 4.1 or SECTION 4.3 hereof, such Lender's Eurodollar Rate Borrowings Loans shall be automatically converted Converted into Base Rate Borrowings Loans on the last day(s) of the then current Interest Period(s) for the Eurodollar Rate Borrowings Loans (or, in the case of a conversion Conversion required by SECTION 4.1(B) or SECTION 4.3 hereof, on such earlier date as such Lender may specify to the Borrower with a copy to the Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, SECTION 4.1 or SECTION 4.3 hereof that which gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Pathnet Telecommunications Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Convert Base Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS 4.13.14, 4.23.15, or 4.3 hereof3.16, such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof3.16, on such earlier date as such Lender may specify to Borrower Borrowers with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.13.14, 4.23.15, or 4.3 hereof 3.16 that gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Base Convert Prime Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS SECTION 4.1, 4.2, or 4.3 hereof4.3, then such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Prime Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS SECTION 4.1, 4.2, or 4.3 hereof that gave rise to such conversion Conversion no longer exist:: CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Centex Corp)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Base Convert Prime Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be Credit Agreement suspended pursuant to SECTIONS Section 4.1, 4.2, or 4.3 hereof4.3, then such Lender's ’s Eurodollar Rate Borrowings shall be automatically converted Converted into Base Prime Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereofSection 4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS Section 4.1, 4.2, or 4.3 hereof that gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Centex Corp)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof4.3, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless UNLESS and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Revolving Credit Agreement (Logix Communications Enterprises Inc)

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Treatment of Affected Loans. If the obligation of any Lender to fund make a Eurodollar Rate Borrowings Loan or to continueContinue, or to convert Convert Base Rate Borrowings into Loans into, Eurodollar Rate Borrowings, Loans shall be suspended pursuant to SECTIONS SECTION 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings Loans shall be automatically converted Converted into Base Rate Borrowings Loans on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings Loans (or, in the case of a conversion Conversion required by SECTION 4.3 hereof, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that 35 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 41 the circumstances specified in SECTIONS SECTION 4.1, 4.2, or 4.2,or 4.3 hereof that gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Convert Base Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS 4.13.14, 4.23.15, or 4.3 hereof3.16, such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof3.16, on such earlier date as such Lender may specify to Borrower Borrowers with a copy to Administrative AgentAgents) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.13.14, 4.23.15, or 4.3 hereof 3.16 that gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Treatment of Affected Loans. If the obligation of any Lender to fund make or Continue Eurodollar Rate Borrowings or to continue, or to convert Base Convert Prime Rate Borrowings into Eurodollar Rate Borrowings, Borrowings shall be suspended pursuant to SECTIONS SECTION 4.1, 4.2, or 4.3 hereof4.3, then such Lender's Eurodollar Rate Borrowings shall be automatically converted Converted into Base Prime Rate Borrowings on the last day(s) of the then current Interest Period(s) for all Eurodollar Rate Borrowings (or, in the case of a conversion Conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT until such Lender gives notice as provided below that the circumstances specified in SECTIONS SECTION 4.1, 4.2, or 4.3 hereof that gave rise to such conversion Conversion no longer exist:

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Centex Development Co Lp)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof, on such earlier date as such Lender may specify to Borrower the Company with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Term Loan Agreement (Williams Companies Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS Sections 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION Section 4.3 hereof, on such earlier date as such Lender may specify to Borrower the Company with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS Sections 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Term Loan Agreement (Williams Companies Inc)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base continue Eurodollar Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (America West Holdings Corp)

Treatment of Affected Loans. If the obligation of any Lender to fund Eurodollar Rate Borrowings or to continue, or to convert Base Rate Borrowings into Eurodollar Rate Borrowings, shall be suspended pursuant to SECTIONS 4.1, 4.2, or 4.3 hereof4.3, such Lender's Eurodollar Rate Borrowings shall be automatically converted into Base Rate Borrowings on the last day(s) of the then current Interest Period(s) for Eurodollar Rate Borrowings (or, in the case of a conversion required by SECTION 4.3 hereof4.3, on such earlier date as such Lender may specify to Borrower with a copy to Administrative Agent) and, unless and until such Lender gives notice as provided below that the circumstances specified in SECTIONS 4.1, 4.2, or 4.3 hereof that gave rise to such conversion no longer exist:

Appears in 1 contract

Samples: Credit Agreement (Medical Assurance Inc)

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