Conversion/Continuation Notice. The Borrower shall provide Standard Notice to the Agent for each conversion of a Prime Loan into a LIBOR Loan or continuation of a LIBOR Loan, 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 amount of LIBOR Loan(s) into which such Loan is to be converted or continued and the duration of the Interest Period applicable thereto.
Appears in 3 contracts
Sources: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc)