Common use of Voluntary Conversion of A Advances Clause in Contracts

Voluntary Conversion of A Advances. The Borrower may on any Business Day, upon notice given to the Administrative Agent, not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion, and subject to the provisions of Section 2.08, 2.11 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other Type; provided, however, that any Conversion of any Eurodollar Rate Advances into Base Rate Advances made on any day other than the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate Advance.

Appears in 6 contracts

Samples: Credit Agreement (Burlington Resources Inc), Credit Agreement (Burlington Resources Inc), Credit Agreement (Burlington Resources Inc)

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Voluntary Conversion of A Advances. The Borrower Company may on any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon 11:00 a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.10 and 2.132.14, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate A Advances into Base Rate Advances shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)A Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate A Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Voluntary Conversion of A Advances. The Borrower may on any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.09 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate Advances into Base Rate A Advances of another Type shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Voluntary Conversion of A Advances. The Borrower may on any ---------------------------------- Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.09 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate -------- ------- Advances into Base Rate A Advances of another Type shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Voluntary Conversion of A Advances. The Borrower may on ---------------------------------- any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.09 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate -------- ------- Advances into Base Rate A Advances of another Type shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Voluntary Conversion of A Advances. The Borrower may on any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.09 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other Type; provided, however, that any Conversion of any Eurodollar Rate Advances into Base Rate Advances shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Trinova Corp)

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Voluntary Conversion of A Advances. The Borrower may on any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section Sections 2.08, 2.11 and 2.132.12, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate Advances into Base Rate Advances of another Type shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Century Communications Corp)

Voluntary Conversion of A Advances. The Borrower may on any ---------------------------------- Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.09 and 2.13, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate Advances -------- ------- into Base Rate A Advances of another Type shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

Voluntary Conversion of A Advances. The Any Borrower may on any Business Day, upon notice given to the Administrative Agent, Agent not later than 12:00 noon 11:00 a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion, Conversion and subject to the provisions of Section 2.08, 2.11 Sections 2.10 and 2.132.14, Convert all A Advances of one Type comprising the same A Borrowing into A Advances of the other another Type; provided, however, that any Conversion of any Eurodollar Rate A Advances into Base Rate Advances shall be made on any day other than on, and only on, the last day of an Interest Period for such Eurodollar Rate Advances shall be subject to the provisions of Section 8.04(b)A Advances. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the A Advances to be Converted, and (iii) if such Conversion is into Eurodollar Rate A Advances, the duration of the Interest Period for each such Eurodollar Rate A Advance.

Appears in 1 contract

Samples: Bank Credit Agreement (Boeing Capital Corp)

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