Conversion and Continuance. The Borrower may elect to convert the initial Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Titan Energy, LLC)
Conversion and Continuance. The Borrower may elect to convert Each Borrowing initially shall be of the initial Type specified in the applicable Borrowing to a different Type or to continue such Borrowing Request and, in the case of a Eurodollar BorrowingLoan, may elect shall have an initial Interest Periods thereforPeriod as specified in such Borrowing Request. Thereafter, all as provided in this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.Borrower
Appears in 1 contract
Conversion and Continuance. The Borrower may elect to convert Each Borrowing initially shall be of the initial Type specified in the applicable Borrowing to a different Type or to continue such Borrowing Request and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.shall
Appears in 1 contract
Samples: Credit Agreement (Rice Energy Inc.)
Conversion and Continuance. The Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrower may elect to convert the initial such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.Section
Appears in 1 contract
Conversion and Continuance. The Borrower may elect to convert Each Borrowing initially shall be of the Type specified in the initial Borrowing to a different Type or to continue such Borrowing Request and, in the case of a Eurodollar Borrowing, may elect shall have an initial Interest Periods thereforPeriod as specified in such Borrowing Request. Thereafter, all as provided in this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.Borrower
Appears in 1 contract
