Common use of Conversions Clause in Contracts

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion at least equal to the Minimum Borrowing Amount of the outstanding principal amount of the Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:

Appears in 6 contracts

Samples: Credit Agreement (Hq Global Holdings Inc), Credit Agreement (Moovies Inc), Credit Agreement (Reckson Services Industries Inc)

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Conversions. The Each Borrower shall have the option to convert, convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the Loans made owing by it pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan a single Facility into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:pursuant to such

Appears in 2 contracts

Samples: Credit Agreement (Zurn Industries Inc), Credit Agreement (Zurn Industries Inc)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion equal to at least equal to the Minimum Borrowing Amount of the outstanding principal amount of the Loans (other than Swingline Loans, which may not be converted pursuant to this Section 1.06) made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:same

Appears in 1 contract

Samples: Credit Agreement (Too Inc)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion at least equal to the applicable Minimum Borrowing Amount for such Tranche of the outstanding principal amount of the Loans (other than Swingline Loans, which may not be converted pursuant to this Section 1.06), made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:

Appears in 1 contract

Samples: Credit Agreement (Ubiquitel Inc)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion equal to at least equal to the Minimum Borrowing Amount of the outstanding principal amount of the Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:more Types

Appears in 1 contract

Samples: Pledge Agreement (Centerpoint Energy Inc)

Conversions. The Borrower shall have the option to convert, Convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the its Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other another Type of Loan; provided Loans which can be made hereunder, PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Anthony & Sylvan Pools Corp)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion equal to at least equal to the Minimum Borrowing Amount $5,000,000 of the outstanding principal amount of the Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type or more Types of Loan Loans into a Borrowing or Borrowings (of the same Tranche) of the other another Type of Loan; provided that:,

Appears in 1 contract

Samples: First Lien Loan Agreement

Conversions. The Borrower shall have the option to convert, convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the its Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan owing by it into a Borrowing or Borrowings (of the same Tranche) of the other another Type of Loan; provided Loans which can be made hereunder, PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Royal Appliance Manufacturing Co)

Conversions. The Each Borrower shall have the option to convert, on any Business DayDay occurring after the Restatement Effective Date, all or a portion equal to at least equal to the applicable Minimum Borrowing Amount (and, if greater, in an integral multiple of $500,000) of the outstanding principal amount of the Loans made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one Type or more Types of Loan Loans under a single Tranche into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:or

Appears in 1 contract

Samples: Credit Agreement (Dole Food Company Inc)

Conversions. The Each Borrower shall have the option to convert, convert on any Business Day, Day all or a portion at least equal to the Minimum Borrowing Amount $1,000,000 of the outstanding principal amount of the Loans made to it or its Designee pursuant to one or more Borrowings (so long as of the same Tranche) of one Type or more Types of Loan into a Borrowing or Borrowings (of the same Tranche) of the other another Type of Loan; , provided that:that (i) except as otherwise provided in

Appears in 1 contract

Samples: Credit Agreement (Financial Security Assurance Holdings LTD)

Conversions. The Borrower shall have the option to convert, Convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the its Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan owing by it pursuant to a single Facility into a Borrowing or Borrowings (of pursuant to the same Tranche) Facility of the other another Type of Loan; provided Loans which can be made pursuant to such Facility, PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

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Conversions. The Borrower shall have the option to convert, convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the Loans made owing pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan Facility into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:0000DSZS.W51

Appears in 1 contract

Samples: Credit Agreement (Diamond Offshore Drilling Inc)

Conversions. The Borrower shall have the option to convert, Convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the its Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan owing by it pursuant to a single Facility into a Borrowing or Borrowings (of pursuant to the same Tranche) Facility of the other another Type of Loan; Loans denominated in the same currency which can be made pursuant to such Facility, provided that:

Appears in 1 contract

Samples: Credit Agreement (Stoneridge Inc)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion equal to at least equal to the Minimum Borrowing Amount of the outstanding principal amount of the Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:outstand-

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Inc)

Conversions. The Each Borrower shall have the option to convert, on any Business Day, all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the Loans Loans, made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided that:

Appears in 1 contract

Samples: Security Agreement (Firstlink Communications Inc)

Conversions. The Borrower shall have the option to convert, on any Business Day, all or a portion at least equal to the applicable Minimum Borrowing Amount for such Tranche of the outstanding principal amount of the Loans (other than Swingline Loans, which may not be converted pursuant to this Section 1.06), made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan into a Borrowing or Borrowings (of the same Tranche) of the other Type of Loan; provided PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Ubiquitel Inc)

Conversions. The Borrower shall have the option to convert, Convert on any Business Day, Day all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of the its Loans made pursuant to one or more Borrowings (so long as of the same Tranche) of one Type of Loan owing by it into a Borrowing or Borrowings (of the same Tranche) of the other another Type of Loan; provided Loans which can be made hereunder, PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Royal Appliance Manufacturing Co)

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