Continuation/Conversion Notice definition

Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the applicable Borrower, substantially in the form of Exhibit C hereto.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

Continuation/Conversion Notice means a written or telephonic request, or a written confirmation, made by Borrower which meets the requirements of Section 2.3.

Examples of Continuation/Conversion Notice in a sentence

• Borrower hereby requests a Borrowing of [new Revolving Loans] [a new Swingline Loan] to be advanced pursuant to Section [2.2(b)] [2.16] of the Credit Agreement as follows: Aggregate amount of Borrowing: $ Type of Loans in Borrowing: Length of Interest Period for SOFR Loans (1, 3 or 6 months): months If combined with existing Revolving Loans see attached Continuation/Conversion Notice.

• If (due to the existence of a Default or for any other reason) Borrower fails to timely and properly give any Continuation/Conversion Notice with respect to a Borrowing of existing SOFR Loans at least three U.S. Government Securities Business Days prior to the end of the Interest Period applicable thereto, such SOFR Loans shall automatically be converted into Base Rate Loans at the end of such Interest Period.

• Each Continuation/Conversion Notice shall be irrevocable and binding on Borrower.

• Upon receipt of any such Continuation/Conversion Notice, Agent shall give each applicable Lender prompt notice of the terms thereof.

More Definitions of Continuation/Conversion Notice

Continuation/Conversion Notice as defined in Section 4.3(a)

Continuation/Conversion Notice means a notice of continuation of or conversion to a LIBOR Loan and certificate duly executed by an Authorized Officer of Borrower, substantially in the form of that certain exhibit marked "Exhibit D", affixed hereto and by this reference incorporated herein and made a part hereof.

Continuation/Conversion Notice has the meaning set forth in Section 2.5(a).

Continuation/Conversion Notice means a written or telephonic request, or a written confirmation, made by Borrower which meets the requirements of Section 2.4.

Continuation/Conversion Notice see Section 2.5(b).

Continuation/Conversion Notice means a Continuation/Conversion Notice duly executed by a Financial Officer of each Borrower, substantially in the form of Exhibit B-2 attached hereto.

Continuation/Conversion Notice is defined in Section 2.03(f).