Common use of Conversion and Continuation Elections Clause in Contracts

Conversion and Continuation Elections. (a) The Company may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) or an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (which telephonic notice must be received by the Administrative Agent prior to 8:30 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of the conversion or continuation date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may may, ------------------------------------- upon irrevocable written notice to the Agent in accordance with Section 2.04(b): (i) elect to convert on elect, as of any Business Day, any in the case of Base Rate Loans, or as of the last day of the applicable Interest Period, in the case of any other Type of Loans, to convert any such Loans (or any part thereof in an amount not less than $5,000,000 10,000,000, or that is in an integral multiple of $1,000,000 5,000,000 in excess thereof) into Offshore Rate LoansLoans of any other Type; or (ii) elect to convert on elect, as of the last day of the applicable Interest Period thereforPeriod, to continue any Offshore Rate Loans having Interest Periods expiring on such day (or any part thereof in an amount not less than $5,000,000) 10,000,000, or that is in an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof); provided, that if at any time the aggregate -------- amount of Offshore Rate -------- Loans shall have been in respect of any Borrowing is reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,00010,000,000, such Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as as, and convert such Loans into, Offshore Rate Loans shall terminate. (b) Each conversion or continuation The Company shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of deliver a Notice of Conversion/Continuation (which telephonic notice must to be received by the Administrative Agent prior to 8:30 not later than (i) 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of the conversion or continuation date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation date; (B) the aggregate amount of Loans to be converted or continued;the

Conversion and Continuation Elections. (a) The Company Borrower may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 1,000,000 or an integral multiple of $1,000,000 250,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 500,000 or an integral multiple of $1,000,000 200,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 1,000,000 or an integral multiple of $1,000,000 250,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,0001,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (Continuation, which telephonic notice must be received by the Administrative Agent prior to 8:30 9:00 a.m. (San Francisco California time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of prior to the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), in each case specifying: (A) the proposed conversion or continuation dateConversion/Continuation Date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 3,000,000 or an integral multiple of $1,000,000 500,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 1,000,000 or an integral multiple of $1,000,000 200,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 3,000,000 or an integral multiple of $1,000,000 500,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,0003,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (Continuation, which telephonic notice must be received by the Administrative Agent prior to 8:30 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of prior to the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), in each case specifying: (A) the proposed conversion or continuation dateConversion/Continuation Date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may may, upon irrevocable written notice to the Agent in accordance with subsection 2.04(b): (i) elect to convert on elect, as of any Business Day, any to convert Base Rate Loans (or any part thereof in an amount not less than $5,000,000 1,000,000, or that is in an integral multiple of $1,000,000 in excess thereof) into Offshore LIBOR Rate Loans; or (ii) elect to convert on as of the last day of the applicable Interest Period thereforPeriod, to continue any Offshore LIBOR Rate Loans having Interest Periods expiring on such day (or any part thereof in an amount not less than $5,000,000) 1,000,000, or an integral multiple of $1,000,000 that is in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof); provided, that if at any time the aggregate -------- amount of Offshore LIBOR Rate Loans shall have been in respect of any Borrowing is reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,0001,000,000, Offshore such LIBOR Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore LIBOR Rate Loans shall terminate. . (b) Each conversion or continuation The Company shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of deliver a Notice of Conversion/Continuation (which telephonic notice must to be received by the Administrative Agent prior to 8:30 not later than 11:00 a.m. (San Francisco Milwaukee, Wisconsin time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/ Continuation Date, if the Loans are to be converted into or continued as Offshore LIBOR Rate Loans; and (ii) one Business Day in advance of on the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation dateConversion/Continuation Date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company Borrower may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 1,000,000 or an integral multiple of $1,000,000 250,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 500,000 or an integral multiple of $1,000,000 200,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 1,000,000 or an integral multiple of $1,000,000 250,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,0001,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (Continuation, which telephonic notice must be received by the Administrative Agent prior to 8:30 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of prior to the conversion or continuation dateConversion Date, if the Loans are to be converted into Base Rate Loans), in each case specifying: (A) the proposed conversion or continuation dateConversion Date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) or an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (which telephonic notice must be received by the Administrative Agent prior to 8:30 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of the conversion or continuation date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation date; (B) the aggregate amount of Loans to be converted or continued;converted

Conversion and Continuation Elections. (a) The Company may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 5,000,000 or an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof); provided, that if the -------- aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (which telephonic notice must be received by the Administrative Agent prior to 8:30 a.m. (San Francisco Dallas time) at least (i) three Business Days in advance of the conversion or continuation date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of the conversion or continuation date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may (i) elect may, upon irrevocable written notice to convert on the Administrative Agent in accordance with Section 2.04(b), elect, as of any Business Day, to (i) convert any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 5,000,000, or that is in an integral multiple of $1,000,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 1,000,000, or that is in an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, continue any Offshore Rate Loans having Interest Periods expiring on such day (or any part thereof in an amount not less than $5,000,000 5,000,000, or that is in an integral multiple of $1,000,000 in excess thereof); provided, however, that if at any time the aggregate -------- amount of Offshore Rate Loans shall have been in respect of any Borrowing is reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,000, such Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as as, and convert such Loans into Offshore Rate Loans shall terminate. (b) Each conversion or continuation The Company shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of deliver a Notice of Conversion/Continuation (which telephonic notice must to be received by the Administrative Agent prior to 8:30 not later than 11:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), specifying: (A) the proposed conversion or continuation dateConversion/ Continuation Date; (B) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may may, upon irrevocable written notice to the Bank in accordance with subsection 2.04(b): (i) elect to convert on elect, as of any Business Day, any in the case of Base Rate Loans, or as of the last day of the applicable Interest Period, in the case of any other Type of Loans, to convert any such Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereofa Minimum Amount) into Offshore Rate LoansLoans of any other Type; or (ii) elect to convert on elect, as of the last day of the applicable Interest Period thereforPeriod, to continue any Offshore Rate Loans having Interest Periods expiring on such day (or any part thereof in an amount not less than $5,000,000) or an integral multiple of $1,000,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereofa Minimum Amount); provided, provided that if at any time the aggregate -------- amount of Offshore Rate Loans shall have been in respect of any Borrowing is reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,000, such Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as as, and convert such Loans into, Offshore Rate Loans shall terminate. (b) Each conversion or continuation The Company shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of deliver a Notice of Conversion/Continuation (which telephonic notice must to be received by the Administrative Agent prior to 8:30 Bank (i) not later than 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/ Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) not later than 9:00 a.m. (San Francisco time) at least one Business Day in advance of time on the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), specifying: (Ai) the proposed conversion or continuation dateConversion/Continuation Date; (Bii) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may may, upon irrevocable written notice to the Agent in accordance with subsection 2.04(b): (i) elect to convert on elect, as of any Business Day, any in the case of Base Rate Loans (Loans, or any part thereof in an amount not less than $5,000,000 or an integral multiple as of $1,000,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the applicable Interest Period thereforPeriod, any in the case of Offshore Rate Loans, to convert any such Loans (or any part thereof in an amount not less than $5,000,000) , or that is in an integral multiple of $1,000,000 in excess thereof) into Base Rate LoansLoans of any other Type; or or (iiiii) elect to continueelect, on as of the last day of the applicable Interest Period thereforPeriod, to continue any Offshore Rate Loans having Interest Periods expiring on such day (or any part thereof in an amount not less than $5,000,000 5,000,000, or that is in an integral multiple of $1,000,000 in excess thereof); provided, that if at any time the aggregate -------- amount of Offshore Rate Loans shall have been in respect of any Borrowing is reduced, by payment, prepayment, prepayment or conversion of part thereof to be less than $5,000,000, such Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as as, and convert such Loans into, Offshore Rate Loans shall terminate. (b) Each conversion or continuation The Company shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of deliver a Notice of Conversion/Continuation (which telephonic notice must to be received by the Administrative Agent prior to 8:30 not later than (i) 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion/Continuation Date, if the Loans are to be converted into or continued as Offshore Rate Loans; , and (ii) either (A) 9:00 a.m. (San Francisco time) at least one Business Day in advance of the conversion Conversion/Continuation Date, or continuation date(B) 8:00 a.m. (San Francisco time) on the Conversion/Continuation Date, if the Loans are to be converted into Base Rate Loans), specifying: (AI) the proposed conversion or continuation dateConversion/Continuation Date; (BII) the aggregate amount of Loans to be converted or continued;

Conversion and Continuation Elections. (a) The Company may (i) elect to convert on any Business Day, any Base Rate Loans (or any part thereof in an amount not less than $5,000,000 3,000,000 or an integral multiple of $1,000,000 500,000 in excess thereof) into Offshore Rate Loans; (ii) elect to convert on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000) 1,000,000 or an integral multiple of $1,000,000 200,000 in excess thereof) into Base Rate Loans; or (iii) elect to continue, on the last day of the Interest Period therefor, any Offshore Rate Loans (or any part thereof in an amount not less than $5,000,000 3,000,000 or an integral multiple of $1,000,000 500,000 in excess thereof); provided, that if the aggregate -------- amount of Offshore Rate Loans shall have been reduced, by payment, prepayment, or conversion of part thereof to be less than $5,000,0003,000,000, Offshore Rate Loans shall automatically convert into Base Rate Loans, and on and after such date the right of the Company to continue such Loans as Offshore Rate Loans shall terminate. (b) Each conversion or continuation shall be made upon irrevocable telephonic notice by the Company followed immediately by written notice in the form of a Notice of Conversion/Continuation (Continuation, which telephonic notice must be received by the Administrative Agent prior to 8:30 9:00 a.m. (San Francisco time) at least (i) three Business Days in advance of the conversion or continuation dateConversion Date, if the Loans are to be converted into or continued as Offshore Rate Loans; and (ii) one Business Day in advance of prior to the conversion or continuation dateConversion Date, if the Loans are to be converted into Base Rate Loans), in each case specifying: (A) the proposed conversion or continuation dateConversion Date; (B) the aggregate amount of Loans to be converted or continued;aggregate