Common use of Conversion to Base Rate Clause in Contracts

Conversion to Base Rate. The Company may elect to convert any Eurodollar Loan on the last day of the then current Interest Period relating thereto to a Base Rate Loan by giving Advance Notice to the Administrative Agent of such election.

Appears in 6 contracts

Sources: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Purina Mills Inc), Credit Agreement (Benchmark Electronics Inc)

Conversion to Base Rate. The Company Borrower may elect to convert any Eurodollar Loan on the last day of the then current Interest Period relating thereto to a Base Rate Loan by giving Advance Notice to the Administrative Agent of such election.

Appears in 2 contracts

Sources: Credit Agreement (Hallwood Group Inc), Credit Agreement (Hallwood Group Inc)

Conversion to Base Rate. The Company may elect to convert any ----------------------- Eurodollar Loan on the last day of the then current Interest Period relating thereto to a Base Rate Loan by giving Advance Notice to the Administrative Agent of such election.

Appears in 1 contract

Sources: Credit Agreement (Titan Exploration Inc)