Definition of Notice of Revolving Loan Conversion


Notice of Revolving Loan Conversion means a request by the Borrower for a conversion of a Revolving Loan Borrowing in accordance with Section 2.2(c) of this Agreement.

Examples of Notice of Revolving Loan Conversion in a sentence

The Borrower shall give each Notice of Revolving Loan Conversion to the Administrative Agent not later than 10:00 a.m. at least three (3) Business Days before the date of the requested conversion.
Each Notice of Revolving Loan Conversion must be received by the Administrative Agent not later than 11:00 a.m., New York City time, three (3) Business Days before the date of the requested conversion (and one (1) Business Day before the date of conversion, in the case of a conversion to a Base Rate Revolving Loan).
The Borrower may provide the Administrative Agent with telephonic notice of its intention to submit a Notice of Revolving Loan Conversion; provided, however, that no Notice of Revolving Loan Conversion shall be deemed effective until received by first-class mail or facsimile in accordance with the immediately preceding sentence.
Each Notice of Revolving Loan Conversion shall be delivered by first-class mail or facsimile to the Administrative Agent at the office or to the facsimile number specified in Section 8.01.
Each Notice of Revolving Loan Conversion shall be duly executed by a Responsible Officer of the Borrower and delivered by facsimile to the Administrative Agent to the facsimile number and during the hours specified in Section 8.01.