Common use of Applicable Interest Rate Clause in Contracts

Applicable Interest Rate. (a) The Company shall have the right with respect to Acquisition Loan Borrowings, at any time upon prior irrevocable notice to the Agent (x) not later than 10:00 a.m., Houston, Texas time, on the date of conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (y) not later than 11:00 a.m., Houston, Texas time, three (3) Business Days prior to conversion or continuation, to convert all or any portion of any ABR Borrowing into a Eurodollar Borrowing, to continue all or any portion of any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, or to select another interest period therefor, and (z) not later than 11:00 a.m., London time, four (4) Business Days prior to conversion or continuation, to continue any Alternative Currency Borrowing as a Borrowing in the same currency for an additional Interest Period, or to convert all or any portion of the Interest Period with respect to any Eurocurrency or Pounds Sterling Borrowing to another Interest Period subject, in each case, to the following:

Applicable Interest Rate. (a) The Company shall have the right with respect to Acquisition Loan Borrowings, at any time upon prior irrevocable notice to the Agent (x) not later than 10:00 a.m., Houston, Texas time, on the date of conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (y) not later than 11:00 a.m., Houston, Texas time, three (3) Business Days prior to conversion or continuation, to convert all or any portion of any ABR Borrowing into a Eurodollar Borrowing, to continue all or any portion of any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, or to select another interest period therefor, and (z) not later than 11:00 a.m., London time, four (4) Business Days prior to conversion or continuation, to continue all or any Alternative Currency portion of any Eurocurrency Borrowing or Pounds Sterling Borrowing as a Borrowing in the same currency for an additional Interest Period, or to convert all or any portion of the Interest Period with respect to any Eurocurrency or Pounds Sterling Borrowing to another Interest Period subject, in each case, to the following:

Applicable Interest Rate. (a) The Company shall have the right with respect to Acquisition Loan Borrowings, at any time upon prior irrevocable notice to the Agent (x) not later than 10:00 a.m., Houston, Texas time, on the date of conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (y) not later than 11:00 a.m., Houston, Texas time, three (3) Business Days prior to conversion or continuation, to convert all or any portion of any ABR Borrowing into a Eurodollar Borrowing, to continue all or any portion of any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, or to select another interest period therefor, and (z) not later than 11:00 a.m., London Minneapolis, Minnesota time, four (4) Business Days prior to conversion or continuation, to continue all or any Alternative Currency portion of any Eurocurrency Borrowing or Pounds Sterling Borrowing as a Borrowing in the same currency for an additional Interest Period, or to convert all or any portion of the Interest Period with respect to any Eurocurrency or Pounds Sterling Borrowing to another Interest Period subject, in each case, to the following:

Applicable Interest Rate. (a) The Company shall have the right with respect to Acquisition Loan Borrowings, at any time upon prior irrevocable notice to the Agent (x) not later than 10:00 a.m., Houston, Texas time, on the date of conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (y) not later than 11:00 a.m., Houston, Texas time, three (3) Business Days prior to conversion or continuation, to convert all or any portion of any ABR Borrowing into a Eurodollar Borrowing, Borrowing or to continue all or any portion of any Eurodollar Borrowing of any Borrower as a Eurodollar Borrowing for an additional Interest Period, or to select another interest period therefor, and (z) not later than 11:00 a.m., London Houston, Texas time, four three (43) Business Days prior to conversion or continuationconversion, to continue any Alternative Currency Borrowing as a Borrowing in the same currency for an additional Interest Period, or to convert all or any portion of the Interest Period with respect to any Eurocurrency or Pounds Sterling Eurodollar Borrowing to another Interest Period subject, in each case, to the following:

Applicable Interest Rate. (a) The Company shall have the right with respect to Acquisition Loan Borrowings, at any time upon prior irrevocable notice to the Agent (x) not later than 10:00 a.m., Houston, Texas time, on the date of conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (y) not later than 11:00 a.m., Houston, Texas time, three (3) Business Days prior to conversion or continuation, to convert all or any portion of any ABR Borrowing into a Eurodollar Borrowing, to continue all or any portion of any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, or to select another interest period therefor, and (z) not later than 11:00 a.m., London time, four three (43) Business Days prior to conversion or continuation, to continue any Alternative Currency Borrowing as a Borrowing in the same currency for an additional Interest Period, or to convert all or any portion of the Interest Period with respect to any Eurocurrency or Pounds Sterling Borrowing to another Interest Period subject, in each case, to the following: