Common use of Conversion/Continuation Notice Clause in Contracts

Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a "CONVERSION/CONTINUATION NOTICE") of each Conversion of a Floating Rate Loan into a Fixed Rate Loan or continuation of a Fixed Rate Loan (i) for Eurocurrency Loans denominated in Dollars, not later than 12:00 noon (Indianapolis) three Business Days prior to the date of the requested Conversion or continuation and (ii) for Eurocurrency Loans denominated in an Agreed Currency other than Dollars, not later than 11:00 (local time) four Business Days prior to the date of the requested Conversion or continuation, in either case specifying: (1) the requested date (which shall be a Business Day) of such Conversion or continuation; (2) the amount and Type of the Loan to be converted or continued; and (3) the amounts of Fixed Rate Loan(s) into which such Loan is to be converted or continued and the duration of the Interest Periods applicable thereto. If no such notice is given with respect to a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, the Interest Period applicable to the automatic continuation of such Loan shall be one month.

Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a "CONVERSIONConversion/CONTINUATION NOTICEContinuation Notice") of each Conversion of a Floating Rate Loan into a Fixed Rate Loan or continuation of a Fixed Rate Loan (i) for Eurocurrency Loans denominated in Dollars, not later than 12:00 noon (Indianapolis) three Business Days prior to the date of the requested Conversion or continuation and (ii) for Eurocurrency Loans denominated in an Agreed Currency other than Dollars, not later than 11:00 (local time) four Business Days prior to the date of the requested Conversion or continuation, in either case specifying: (1) the requested date (which shall be a Business Day) of such Conversion or continuation; (2) the amount and Type of the Loan to be converted or continued; and (3) the amounts of Fixed Rate Loan(s) into which such Loan is to be converted or continued and the duration of the Interest Periods applicable thereto. If no such notice is given with respect to a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, the Interest Period applicable to the automatic continuation of such Loan shall be one month.

Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice (a "CONVERSION/CONTINUATION NOTICE") of each Conversion conversion of a Floating Base Rate Loan into a Fixed Eurocurrency Rate Loan or continuation of a Fixed Eurocurrency Rate Loan (iother than a Eurocurrency Rate Loan in an Agreed Currency other than Dollars) for Eurocurrency Loans denominated in Dollars, not later than 12:00 noon 11:00 a.m. (IndianapolisIndianapolis time) three Business Days prior or, with respect to the date continuation of the requested Conversion or continuation and (ii) for a Eurocurrency Loans denominated Rate Loan in an Agreed Currency other than Dollars, not later than 11:00 (local time) four Business Days prior to the date of the requested Conversion conversion or continuation, in either case specifying: : (1) the requested date (which shall be a Business Day) of such Conversion conversion or continuation; (2) the amount and Type of the Syndicated Loan to be converted or continued; and (3) the amounts of Fixed Eurocurrency Rate Loan(s) into which such Syndicated Loan is to be converted or continued and the duration of the Interest Periods applicable thereto. If no such notice is given with respect to a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, the Interest Period applicable to the automatic continuation of such Loan shall be one month.