Common use of Conversion and Continuation Procedures Clause in Contracts

Conversion and Continuation Procedures. (i) Subject to Section 2.2(a), Borrower may, upon irrevocable written notice to Agent in accordance with clause (b) below: (1) elect, as of any Business Day, to convert any Loans (or any part thereof in an aggregate amount not less than $1,000,000 a higher integral multiple of $500,000) into Loans of the other type; or (2) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 or a higher integral multiple of $500,000) for a new Term SOFR Interest Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR Loans bearing interest based on Term SOFR shall be at least $1,000,000 and an integral multiple of $500,000. (ii) Borrower shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F or telephonic notice (followed immediately by a Notice of Conversion/Continuation) to Agent of each proposed conversion or continuation not later than (i) in the case of conversion into Base Rate Loans, 10:00 A.M., Chicago time, on the proposed date of such conversion and (ii) in the case of conversion into or continuation of SOFR Loans, 10:00 A.M., Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation, specifying in each case:

Conversion and Continuation Procedures. (ia) Subject to Section 2.2(a)2.5.1, Borrower Borrowers may, upon irrevocable written notice to Agent Lender in accordance with clause (b) below: (1i) elect, as of any Business Day, to convert any Loans (or any part thereof in an aggregate amount not less than $1,000,000 and a higher integral multiple of $500,000250,000) into Loans of the other type; or (2ii) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR LIBOR Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 or a higher integral multiple of $500,000250,000) for a new Term SOFR Interest Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR LIBOR Loans bearing interest based on Term SOFR shall be at least $1,000,000 and an integral multiple of $500,000250,000. (iib) Borrower Borrowers shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F C or telephonic notice (followed immediately promptly by a Notice of Conversion/Continuation) to Agent Lender of each proposed conversion or continuation not later than (i) in the case of conversion into Base Prime Rate Loans, 10:00 11:00 A.M., Chicago time, on the proposed date of such conversion conversion, and (ii) in the case of conversion into or continuation of SOFR LIBOR Loans, 10:00 11:00 A.M., Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation, specifying in each case:

Conversion and Continuation Procedures. (ia) Subject to Section 2.2(a)2.5.1, Borrower may, upon irrevocable written notice to Administrative Agent in accordance with clause (b) below: (1i) elect, as of any Business Day, to convert any Loans (or any part thereof in an aggregate amount not less than $1,000,000 and a higher integral multiple of $500,000) into Loans of the other type; or (2ii) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR LIBOR Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 or a higher integral multiple of $500,000) for a new Term SOFR Interest Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR LIBOR Loans bearing interest based on Term SOFR shall be at least $1,000,000 and an integral multiple of $500,000. (iib) Borrower shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F C or telephonic notice (followed immediately by a Notice of Conversion/Continuation) to Administrative Agent of each proposed conversion or continuation not later than (i) in the case of conversion into Base Rate Loans, 10:00 11:00 A.M., Chicago time, on the proposed date of such conversion conversion, and (ii) in the case of conversion into or continuation of SOFR LIBOR Loans, 10:00 11:00 A.M., Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation, specifying in each case:

Conversion and Continuation Procedures. (i) Subject to Section 2.2(a), Borrower may, upon irrevocable written notice to Agent in accordance with clause (b) below: (1) elect, as of any Business Day, to convert any Loans (or any part thereof in an aggregate amount not less than $1,000,000 a higher integral multiple of $500,000) into Loans of the other type; or (2) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 or a higher integral multiple of $500,000) for a new Term SOFR Interest Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR Loans bearing interest based on Term SOFR shall be at least $1,000,000 and an integral multiple of $500,000. (ii) Borrower shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F or telephonic notice (followed immediately by a Notice of Conversion/Continuation) to Agent of each proposed conversion or continuation not later than (i) in the case of conversion into Base Rate Loans, 10:00 A.M., Chicago time, on the proposed date of such conversion and (ii) in the case of conversion into or continuation of SOFR Loans, 10:00 A.M., Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation, specifying in each case:: 42

Conversion and Continuation Procedures. (ia) Subject to Section 2.2(a)2.2.1, the Borrower may, upon irrevocable written notice to the Administrative Agent in accordance with clause (b) below: (1A) elect, as of any Business Day, to convert any Term Loans (or any part thereof in an aggregate amount not less than $1,000,000 5,000,000.00 and a higher integral multiple of $500,0001,000,000.00) into Term Loans of the other type; or (2B) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR LIBOR Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 5,000,000.00 or a higher integral multiple of $500,0001,000,000.00) for a new Term SOFR Interest Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR LIBOR Loans bearing interest based on Term SOFR shall be at least $1,000,000 5,000,000.00 and an integral multiple of $500,0001,000,000.00. (iib) The Borrower shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F E or telephonic notice (followed immediately by a Notice of Conversion/Continuation) to the Administrative Agent of each proposed conversion or continuation not later than (i) in the case of conversion into Base Rate Loans, 10:00 11:00 A.M., Chicago time, on the proposed date of such conversion and (ii) in the case of conversion into or continuation of SOFR LIBOR Loans, 10:00 11:00 A.M., Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation, specifying in each case:

Conversion and Continuation Procedures. (ia) Subject to Section 2.2(a)2.2.1, Borrower the Company may, upon irrevocable written notice to the Administrative Agent in accordance with clause (b) below: (1i) elect, as of any Business Day, to convert any Base Rate Loans to LIBOR Rate Loans or LIBOR Rate Loans to Base Rate Loans (or any part thereof in each case, in an aggregate amount not less than $1,000,000 500,000 or a higher integral multiple of $500,000) into Loans of the other type100,000); or (2ii) elect, as of the last day of the applicable Term SOFR Interest Period, to continue any SOFR Eurocurrency Loans bearing interest based on Term SOFR having Term SOFR Interest Periods expiring on such day (or any part thereof in an aggregate amount not less than $1,000,000 500,000 or a higher integral multiple of $500,000100,000) for a new Term SOFR Interest Period; or (iii) elect, as of the last day of the applicable Contract Period, to continue any Bankers’ Acceptances or BA Equivalent Loans having Contract Periods expiring on such day (or any part thereof in an aggregate amount not less than $500,000 or a higher integral multiple of $100,000) for a new Contract Period; provided that after giving effect to any prepayment, conversion or continuation, the aggregate principal amount of each Group of SOFR Eurocurrency Loans bearing interest based on Term SOFR and each BA Group shall be at least $1,000,000 500,000 and an integral multiple of $500,000100,000 (or, with respect to an Alternate Currency Loan, such approximately comparable amount as shall result in a rounded number). (iib) Borrower The Company shall give written notice (each such written notice, a “Notice of Conversion/Continuation”) substantially in the form of Exhibit F or telephonic notice (followed immediately by a Notice of Conversion/Continuationwritten confirmation thereof) notice to the Administrative Agent of each proposed conversion or continuation not later than (iw) in the case of conversion into Base Rate Loans, 10:00 A.M.noon, Chicago time, on the proposed date of such conversion and conversion, (iix) in the case of conversion into or continuation of SOFR LIBOR Loans, 10:00 A.M.noon, Chicago time, at least two (2) Business Days prior to the proposed date of such conversion or continuation, (y) in the case of continuation of Alternate Currency Loans denominated in British Pounds Sterling or Euros, noon, Chicago time, at least three (3) Business Days prior to the proposed date of such conversion or continuation and (z) in the case of continuation of Canadian Revolving Loans, noon, Chicago time, at least four (4) Business Days prior to the proposed date of such continuation, specifying in each case: (i) the applicable Borrower; (ii) the proposed date of conversion or continuation; (iii) the aggregate amount of Loans to be converted or continued; (iv) the type of Loans resulting from the proposed conversion or continuation; (v) in the case of conversion of Base Rate Loans into LIBOR Rate Loans, or continuation of, Eurocurrency Loans, the duration of the requested Interest Period therefore; and (vi) in the case of conversion of into, or continuation of, Bankers’ Acceptances or BA Equivalent Loans, the duration of the requested Contract Period therefor. (c) If, upon the expiration of any Interest Period applicable to LIBOR Loans, the Company has failed to select timely a new Interest Period to be applicable to such LIBOR Loans, the Company shall be deemed to have elected to convert such LIBOR Loans into Base Rate Loans effective on the last day of such Interest Period. (d) If, upon the expiration of any Interest Period applicable to Alternate Currency Loans denominated in British Pounds Sterling or Euros, the Company has failed to select timely a new Interest Period to be applicable to such Alternate Currency Loans, the Company shall be deemed to have elected to continue such Alternate Currency Loans into Alternate Currency Loans with a one month Interest Period. (e) If, upon the expiration of any Contract Period applicable to Bankers’ Acceptances or BA Equivalent Loans, the Company has failed to select timely a new Contract Period to be applicable to such Bankers’ Acceptances or BA Equivalent Loans, the Company shall be deemed to have elected to convert such Bankers’ Acceptances or BA Equivalent Loans into Canadian Prime Rate Loans effective on the last day of such Contract Periods. (f) The Administrative Agent will promptly notify each Lender (and Canadian Agent, as applicable) of its receipt of a notice of conversion or continuation pursuant to this Section 2.2.3 or, if no timely notice is provided by the Company, of the details of any automatic conversion or continuation. (g) Any conversion of a Eurocurrency Loan on a day other than the last day of an Interest Period therefor or Bankers’ Acceptance or BA Equivalent Loan on a day other than the last day of a Contract Period therefor shall be subject to Section 8.4. (h) No LIBOR Loan may be continued as such and no Prime Rate Loan may be converted into a LIBOR Loan, when any Event of Default or Default shall have occurred and be continuing at such time.