Common use of Conversion and Continuation of Borrowings Clause in Contracts

Conversion and Continuation of Borrowings. The Borrower shall have the right subject to Sections 2.03 and 2.07 at any time upon prior irrevocable notice to the Administrative Agent pursuant to a Notice of Conversion/Continuation (a) not later than 11:00 am., New York City time, on the day of conversion, to convert any LIBOR Borrowing into an ABR Borrowing, (b) not later than 11:00 a.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing into a LIBOR Borrowing or to continue any LIBOR Borrowing as a LIBOR Borrowing for an additional Interest Period, (c) not later than 11:00 a.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any LIBOR Borrowing to another permissible Interest Period, and (d) not later than 12:00 noon, local time of the jurisdiction of such Alternative Currency, at least four Business Days prior to conversion to convert the Interest Period with respect to any EURIBOR Borrowing to another permissible Interest Period subject in each case to the following: (i) each conversion or continuation shall be made pro rata among the Lenders in accordance with the respective principal amounts of the Loans comprising the converted or continued Borrowing; (ii) if less than all the outstanding principal amount of any Borrowing shall be converted or continued, then each resulting Borrowing shall satisfy the limitations specified in Sections 2.02(a) and 2.02

Conversion and Continuation of Borrowings. The Borrower shall have the right subject to Sections 2.03 and 2.07 at any time upon prior irrevocable notice to the Administrative Agent pursuant to a Notice of Conversion/Continuation (a) not later than 11:00 am.12:00 (noon), New York City time, on the day of one Business Day prior to conversion, to convert any LIBOR Eurodollar Borrowing into an ABR Borrowing, (b) not later than 11:00 a.m.1:00 p.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing into a LIBOR Eurodollar Borrowing or to continue any LIBOR Eurodollar Borrowing as a LIBOR Eurodollar Borrowing for an additional Interest Period, and (c) not later than 11:00 a.m.1:00 p.m., New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any LIBOR Eurodollar Borrowing to another permissible Interest Period, and subject in each case to the following: (di) the Borrower may not later than 12:00 noon, local time of the jurisdiction of such Alternative Currency, at least four Business Days prior to conversion to convert the Interest Period with respect to any EURIBOR Eurodollar Borrowing made on the Closing Date prior to another permissible the last day of the Interest Period subject in each case to the following: effect therefor; (iii) each conversion or continuation shall be made pro rata among the Lenders in accordance with the respective principal amounts of the Loans comprising the converted or continued Borrowing; ; (iiiii) if less than all the outstanding principal amount of any Borrowing shall be converted or continued, then each resulting Borrowing shall satisfy the limitations specified in Sections 2.02(a) and 2.02

Conversion and Continuation of Borrowings. The Borrower shall have the right subject to Sections 2.03 and 2.07 at any time upon prior irrevocable notice to notice, in the Administrative Agent pursuant to form of a Notice of Conversion/Continuation Continuation, to the Administrative Agent (a) not later than 11:00 am.12:00 (noon), New York City time, on the day of one Business Day prior to conversion, to convert any LIBOR SOFR Borrowing into an ABR Borrowing, (b) not later than 11:00 a.m.12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing into a LIBOR SOFR Borrowing or to continue any LIBOR SOFR Borrowing as a LIBOR SOFR Borrowing for an additional Interest Period, and (c) not later than 11:00 a.m.12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any LIBOR SOFR Borrowing to another permissible Interest Period, and (d) not later than 12:00 noon, local time of the jurisdiction of such Alternative Currency, at least four Business Days prior to conversion to convert the Interest Period with respect to any EURIBOR Borrowing to another permissible Interest Period subject in each case to the following: 40 (i) each conversion or continuation shall be made pro rata among the Lenders in accordance with the respective principal amounts of the Loans comprising the converted or continued Borrowing; ; (ii) if less than all the outstanding principal amount of any Borrowing shall be converted or continued, then each resulting Borrowing shall satisfy the limitations specified in Sections 2.02(a) and 2.02