Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 52 contracts
Samples: Credit Agreement (PACS Group, Inc.), Revolving Credit Agreement (Sila Realty Trust, Inc.), Credit Agreement (Apollo Medical Holdings, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection 2.7. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 28 contracts
Samples: Credit Agreement (Malibu Boats, Inc.), Credit Agreement (Biote Corp.), Credit Agreement (Reservoir Media, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. 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 6 contracts
Samples: Credit Agreement (At&t Latin America Corp), Credit Agreement (At&t Latin America Corp), Credit Agreement (At&t Latin America Corp)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower Representative may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Representative 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 6 contracts
Samples: Credit Agreement (CRAWFORD UNITED Corp), Credit Agreement (CRAWFORD UNITED Corp), Credit Agreement (CRAWFORD UNITED Corp)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower Borrowers may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all Borrowing as provided in this Section. The Borrower Borrowers 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 5 contracts
Samples: Credit Agreement (Unit Corp), Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower Representative may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Representative 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Fox Factory Holding Corp), Credit and Term Loan Agreement (Fox Factory Holding Corp), Revolving Credit Agreement (Fox Factory Holding Corp)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection but subject to Section 2.16. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Teradyne, Inc), Credit Agreement (Teradyne, Inc), Credit Agreement (Teradyne, Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Class and Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Community Healthcare Trust Inc), Credit Agreement (Community Healthcare Trust Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower Borrowers may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Borrowers 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Buckeye Partners, L.P.), Revolving Credit Agreement (Buckeye Partners, L.P.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower Borrowers may elect to convert such Borrowing into to a different Type Type, or to continue such Borrowing, all as provided in this Section. The Borrower Borrowers 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 2 contracts
Samples: Credit Agreement (Cloud Peak Energy Inc.), Credit Agreement (Cloud Peak Energy Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. 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 2 contracts
Samples: Credit Agreement (Natural Grocers by Vitamin Cottage, Inc.), Credit Agreement (Itt Educational Services Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified by the Borrower in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the applicable Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Borrowers 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: Intercreditor Agreement (B. Riley Principal Merger Corp.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Revolving Borrowing. Thereafter, the Borrower Borrowers may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Borrowers 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Dakota Plains Holdings, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower Borrowers may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Borrowers 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall then be considered a separate Borrowing.
Appears in 1 contract
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 (as applicable) holding Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.. 116430174v7 31
Appears in 1 contract
Samples: Modification of Loan Documents (NexPoint Residential Trust, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of ------------------ the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all Borrowing as provided in this Section. 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 (Cais Internet Inc)
Interest Elections. (a) Each Revolving Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. 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: Revolving Credit Agreement (Castle & Cooke Inc/Hi/)
Interest Elections. (a) Each Borrowing initially shall be of the Type have an initial Interest Period as specified in the applicable Notice of Borrowingsuch Borrowing Request. Thereafter, the Borrower Representative may elect to convert continue such Borrowing into a different Type or to continue such Borrowingand may elect Interest Periods therefor, all as provided in this Section. The Borrower Representative 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 (Mariner, LLC)
Interest Elections. (a) Each Borrowing initially ------------------ shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all Borrowing as provided in this Section. 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
Interest Elections. (a) Each Borrowing initially shall be of the Type have an initial Interest Period as specified in the applicable Notice of Borrowingrelevant Borrowing Request or designated by Section 2.03. Thereafter, the Borrower may elect to convert continue such Borrowing into a different Type or to continue such Borrowingand may elect Interest Periods therefor, all as provided in this Section. 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 (Constellium N.V.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all Borrowing as provided in this Section. 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 (KKR 1996 Fund L P)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. 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 (Natural Grocers by Vitamin Cottage, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection but subject to Section 2.16. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingDisbursement Request. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Interest Elections. (a) Each Revolving Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.of
Appears in 1 contract
Samples: Credit Agreement
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue US-DOCS\51545218.9 such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Ensign Group, Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this Section. 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 (as applicable) holding Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Revolving Credit Agreement (NexPoint Residential Trust, Inc.)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Revolving Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection 2.7. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Request. Thereafter, the Borrower may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. 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 Loans comprising such Borrowing, Borrowing and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Credit Agreement (American Electric Technologies Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection 2.5. 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Samples: Revolving Credit Agreement (Ram Energy Resources Inc)
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of BorrowingBorrowing Notice. Thereafter, the Borrower Representative may elect to convert such Borrowing into to a different Type or to continue such Borrowing, all as provided in this Section. The Borrower Representative 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of Borrowing. Thereafter, the Borrower may elect to convert such Borrowing into a different Type or to continue such Borrowing, all as provided in this SectionSection but subject to Section 2.16. The Borrower may #96545445v8 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 Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Appears in 1 contract
