Common use of Conversions Clause in Contracts

Conversions. Each Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (ia) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiic) no conversion pursuant to this Section 2.06(a) shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 and (ivd) Swingline Loans may not be converted pursuant to this Section 2.06.

Conversions. (a) Each Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Term Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Term Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Term Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xix) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiiiy) CDOR B/A Discount Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR B/A Discount Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR B/A Discount Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xix) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Eurodollar Loans and (yii y) Canadian Prime Rate Loans may only be converted into CDOR B/A Discount Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to this Section 2.06(a1.06(a) shall result in a greater number of Borrowings of EuroEurocurrency Euro Rate Loans, Term RFR Loans and CDOR B/A Discount Rate Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each conversion pursuant to this Section 1.06(a) shall be effected by the respective Borrower by giving the Administrative Agent at the applicable Notice Office prior to 1:00 P.M. (Local Time) at least (x) in the case of conversions into Eurodollar Loans (in the case of Dollar Loans) or B/A Discount Rate Loan (in the case of Canadian Term Loans), three Business Days’ prior notice, and (y) in the case of conversions into Base Rate Loans (in the case of Dollar Loans) or Canadian Prime Rate Loans (in the case of Canadian Term Loans), one Business Day’s prior notice (each, a “Notice of Conversion/Continuation”) in the form of Exhibit A-2, appropriately completed to specify the Dollar Loans or Canadian Term Loans to be so converted, the Borrowing(s) pursuant to which such Dollar Loans or Canadian Term Loans were made and, if to be converted into Eurodollar Loans (in the case of Dollar Loans) or B/A Discount Rate Loans (in the case of Canadian Term Loans), the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Dollar Loans and/or Canadian Term Loans. For the avoidance of doubt, it is understood that any conversion of one Type of Canadian Term Loan into another Type of Canadian Term Loan shall not constitute a repayment of any Canadian Term Loan being so converted. (b) The Canadian Revolving Borrowers shall have the option to convert, on any Business Day occurring on or after the Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Canadian Revolving Loans constituting Canadian Prime Rate Loans into a Borrowing of Bankers’ Acceptance Loans; provided, that (i) unless the Required Lenders otherwise agree, Canadian Prime Rate Loans may only be converted into Bankers’ Acceptance Loans if no Specified Default or Event of Default is in existence on the date of the conversion, and (ii) no conversion pursuant to this Section 1.06(b) shall result in a greater number of Bankers’ Acceptance Loans than is permitted under Section 1.02. Each conversion pursuant to this Section 1.06(b) shall be effected by the relevant Canadian Revolving Borrower by giving the Administrative Agent at the applicable Notice Office prior to 1:00 P.M. (Local Time) at least three Business Days’ prior notice in the form of Exhibit A-2, appropriately completed to specify the Canadian Prime Rate Loans to be so converted into Bankers’ Acceptance Loans and the term of the proposed Borrowing of Bankers’ Acceptance Loans (which, in each case, shall comply with the requirements of Schedule X). The Administrative Agent shall give each Canadian Revolving Lender prompt notice of any such proposed conversion affecting any of its Canadian Prime Rate Loans. Upon any such conversion, the proceeds thereof will be applied directly on the day of such conversion to prepay the outstanding principal amount of the Canadian Revolving Loans being converted. (c) Mandatory and voluntary conversions of Bankers’ Acceptance Loans into Canadian Prime Rate Loans shall be made in the circumstances, and to the extent, provided in Schedule X. Except as otherwise provided under Section 1.16, Bankers’ Acceptance Loans shall not be permitted to be converted into any other Type of Loan prior to the maturity date of the relevant underlying Bankers’ Acceptance or B/A Discount Note, as the case may be.

Conversions. Each The Borrower shall have the option to convert, convert on any Business Day occurring on or after the Restatement Effective Date, all or a portion at least equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar (other than Swingline Loans which shall at all times be maintained as Base Rate Loans, as the case may be, ) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided under such Tranche; PROVIDED that (iai) except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Bank pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted converted, and no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to unless the Agents have determined that the Syndication Date has occurred (at which time this Section 2.06(aclause (iii) shall no longer be applicable), prior to the 90th day after the Restatement Effective Date, Tranche A Term Loans and Tranche B Term Loans maintained as Base Rate Loans may not be converted into Eurodollar Loans unless any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(ii) and 1.01(e)(ii) and so long as such conversion does not result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Eurodollar Loans and CDOR Rate Loans than is prior to the 90th day after the Restatement Effective Date as are permitted under Section 2.02 Sections 1.01(a)(ii) and 1.01(e)(ii) and (ivdiv) Swingline Borrowings of Eurodollar Loans may not be converted pursuant to resulting from this Section 2.061.06 shall be limited in number as provided in Section 1.

Conversions. Each The Borrower shall have the option to convert, convert on ----------- any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion at least equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar (other than Swingline Loans, which shall at all times be maintained as the case may be, Base Rate Loans) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loanunder such Tranche; provided, as the case may be, provided that (iai) -------- except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Bank pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted converted, and no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to unless the Administrative Agent has determined that the Syndication Date has occurred (at which time this Section 2.06(aclause (iii) shall no longer be applicable), prior to the 90th day after the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(iii) and 1.01(b)(ii) and so long as such conversion does not result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Eurodollar Loans and CDOR Rate Loans than is prior to the 90th day after the Initial Borrowing Date as are permitted under Section 2.02 Sections 1.01(a)(iii) and 1.01(b)(ii) and (ivdiv) Swingline Borrowings of Eurodollar Loans may not be converted pursuant to resulting from this Section 2.061.06 shall be limited in number as provided in Section 1.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective DateDay, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case (other than Swingline Loans which may be, not be converted pursuant to this Section 2.06) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 2.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) unless the Administrative Agent has otherwise agreed or has determined that the Syndication Date has occurred (at which time this clause (iii) shall no longer be applicable), prior to the 90th day following the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (B) of each of Sections 2.01(a)(iii), 2.01(b)(iii) and 2.01(c)(ii) and so long as such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 90th day after the Initial Borrowing Date than are permitted under Sections 2.01(a)(iii), 2.01(b)(iii) and 2.01(c)(ii), and (iv) no conversion pursuant to this Section 2.06(a) 2.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 2.02. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at the Notice Office prior to 11:00 A.M. (New York time) at least (x) in the case of conversions of Base Rate Loans into Eurodollar Loans, three Business Days’ prior notice, and (ivdy) Swingline in the case of conversions of Eurodollar Loans may not into Base Rate Loans, one Business Day’s prior notice (each, a “Notice of Conversion/Continuation”), in each case in the form of Exhibit A-2, appropriately completed to specify the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were incurred and, if to be converted pursuant into Eurodollar Loans, the Interest Period to this Section 2.06be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. (a) Each Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Term Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Term Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Term Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xix) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiiiy) CDOR B/A Discount Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR B/A Discount Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR B/A Discount Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xix) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Eurodollar Loans and (yii y) Canadian Prime Rate Loans may only be converted into CDOR B/A Discount Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Euro Rate Loans, Term RFR Loans and CDOR B/A Discount Rate Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each conversion pursuant to this Section 1.06 shall be effected by the respective Borrower by giving the Administrative Agent at the applicable Notice Office prior to 1:00 P.M. (Local Time) at least (x) in the case of conversions into Eurodollar Loans (in the case of Dollar Loans) or B/A Discount Rate Loan (in the case of Canadian Term Loans), three Business Days’ (or, in the case of an Interest Period other than a one, two, three or six-month period, at least five Business Days’) prior notice, and (y) in the case of conversions into Base Rate Loans (in the case of Dollar Loans) or Canadian Prime Rate Loans (in the case of Canadian Term Loans), one Business Day’s prior notice (each a “Notice of Conversion/Continuation”) in the form of Exhibit A-2, appropriately completed to specify the Dollar Loans or Canadian Term Loans to be so converted, the Borrowing(s) pursuant to which such Dollar Loans or Canadian Term Loans were made and, if to be converted into Eurodollar Loans (in the case of Dollar Loans) or B/A Discount Rate Loans (in the case of Canadian Term Loans), the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Dollar Loans and/or Canadian Term Loans. For the avoidance of doubt, it is understood that any conversion of one Type of Canadian Term Loan into another Type of Canadian Term Loan shall not constitute a repayment of any Canadian Term Loan being so converted. (b) The Canadian Revolving Borrowers shall have the option to convert, on any Business Day occurring on or after the Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Canadian Revolving Loans constituting Canadian Prime Rate Loans into a Borrowing of Bankers’ Acceptance Loans; provided, that (i) unless the Required Lenders otherwise agree, Canadian Prime Rate Loans may only be converted into Bankers’ Acceptance Loans if no Specified Default or Event of Default is in existence on the date of the conversion, and (ii) no conversion pursuant to this Section 1.06(b) shall result in a greater number of Bankers’ Acceptance Loans than is permitted under Section 1.02. Each conversion pursuant to this Section 1.06(b) shall be effected by the relevant Canadian Revolving Borrower by giving the Administrative Agent at the applicable Notice Office prior to 1:00 P.M. (Local Time) at least three Business Days’ prior notice in the form of Exhibit A-2, appropriately completed to specify the Canadian Prime Rate Loans to be so converted into Bankers’ Acceptance Loans and the term of the proposed Borrowing of Bankers’ Acceptance Loans (which, in each case, shall comply with the requirements of Schedule XI). The Administrative Agent shall give each Canadian Revolving Lender prompt notice of any such proposed conversion affecting any of its Canadian Prime Rate Loans. Upon any such conversion, the proceeds thereof will be applied directly on the day of such conversion to prepay the outstanding principal amount of the Canadian Revolving Loans being converted. (c) Mandatory and voluntary conversions of Bankers’ Acceptance Loans into Canadian Prime Rate Loans shall be made in the circumstances, and to the extent, provided in Schedule XI. Except as otherwise provided under Section 1.16, Bankers’ Acceptance Loans shall not be permitted to be converted into any other Type of Loan prior to the maturity date of the relevant underlying Bankers’ Acceptance or B/A Discount Note, as the case may be.

Conversions. Each Borrower (a) At any time and from time to time prior to the Dual Currency Facility Revolving Loan Conversion Date, the Company shall have the option to convertconvert all or a portion equal to at least $500,000 (and, if greater, in an integral multiple of $250,000) of the outstanding principal amount of Dollar Denominated Loans (other than Swingline Loans, which may not be converted pursuant to this Section 1.06(a)) made pursuant to one or more Borrowings of one or more Types of Dollar Denominated Loans under a single Tranche into a Borrowing or Borrowings of another Type of Dollar Denominated Loan under such Tranche, provided that (i) except as otherwise provided in Section 1.10(b), Eurodollar Loans may be converted into Base Rate Loans only on any Business Day occurring the last day of an Interest Period applicable to the Eurodollar Loans being converted and no such partial conversion of Eurodollar Loans shall reduce the outstanding principal amount of such Eurodollar Loans made pursuant to a single Borrowing to less than $1,000,000, (ii) Base Rate Loans may be only converted into Eurodollar Loans if no Default or Event of Default is then in existence on or the date of the conversion and (iii) no conversion pursuant to this Section 1.06(a) shall result in a greater number of Borrowings of Euro Rate Loans than is permitted under Section 1.02. (b) On and from time to time after the Effective Dual Currency Facility Revolving Loan Conversion Date, the Company shall have the option to convert all or a portion equal to at least the Minimum Borrowing Amount (for the Type and Tranche of Loan into which the conversion is being made) of the outstanding principal amount of Dollar Loans or Canadian TermDollar (other than Swingline Loans, as the case which may be, not be converted pursuant to this Section 1.06(b)) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may beunder such Tranche, provided that (iai) Base Rate Loans or Eurodollar Loans incurred as Dollar Facility Revolving Loans may in no event be converted into EURIBOR Loans, (ii) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Euro Rate Loans may be converted into Canadian Prime Rate Loans, in each case, another Type of Loan only on the last day of an Interest Period applicable to the Euro Rate Loans being converted and no such partial conversion of Eurodollar Euro Rate Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Euro Rate Loans made pursuant to a single Borrowing to less than $1,000,000 (for purposes of a Borrowing of Euro Denominated Revolving Loans, taking the Minimum Borrowing Amount applicable theretoDollar Equivalent of the outstanding principal amount thereof), (iib) unless the Required Lenders otherwise agree, (xiiii) Base Rate Loans may be only be converted into Eurodollarone or more Eurocurrency Euro Rate Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is then in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a1.06(b) shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Euro Rate Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline in the case of a conversion of a Borrowing of Dual Currency Facility Revolving Loans may not maintained as EURIBOR Loans into a Borrowing of Dual Currency Facility Revolving Loans to be converted maintained as Dollar Denominated Loans (whether as Base Rate Loans or Eurodollar Loans), all repayments of principal of outstanding Dual Currency Facility Revolving Loans required to be made pursuant to Section 4.02(A)(d) concurrently with such conversion shall have been made. (c) Each conversion pursuant to this Section 2.061.06 shall be effected by the Company by giving the Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior written notice (or telephonic notice promptly confirmed in writing) (each, a "Notice of Conversion") specifying the Revolving Loans to be so converted, whether such Revolving Loans are Dollar Facility Revolving Loans or Dual Currency Facility Revolving Loans, the Borrowing(s) pursuant to which such Revolving Loans were made, the currencies in which such Revolving Loans are denominated, whether such Revolving Loans are to be converted into Base Rate Loans, Eurodollar Loans or (in the case of Dual Currency Facility Revolving Loans) EURIBOR Loans and, if to be converted into Euro Rate Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Revolving Loans. Upon any such conversion, the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. Each The Borrower shall have the option to convertconvert from time to time, on any Business Day occurring on or after the Restatement Effective Date, all or a portion equal to at least (x) in the Minimum Borrowing Amount case of a conversion of Term Loans, $5,000,000 and (y) in the case of a conversion of Revolving Loans, $2,000,000 (or $1,000,000 if in the case of a conversion into Base Rate Loans), of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of if for any Interest Period, all or reason whatsoever any part of any such outstanding Eurocurrency Rate Eurodollar Loans or Term RFR Loans may be are converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of on a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on day which is not the last day of an Interest Period applicable to the Loans being converted and converted, the Borrower shall pay all amounts owing in connection therewith as required by Section 1.11, (ii) no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less -7- 15 than (x) in the Minimum Borrowing Amount applicable theretocase of Term Loans, $5,000,000 and (y) in the case of Revolving Loans, $2,000,000, (iibiii) unless the Required Lenders Banks otherwise agreespecifically agree in writing, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Eurodollar Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (Chicago time) at least (x) in the case of a conversion to Eurodollar Loans, three Business Days' prior notice and (y) in the case of a conversion to Base Rate Loans, one Business Day's prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, convert on any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion at least equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar (other than Swingline Loans, which shall at all times be maintained as the case may be, Base Rate Loans) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided under such Tranche; PROVIDED that (iai) except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Lender pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted converted, and no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to unless the Administrative Agent has determined that the Syndication Date has occurred (at which time this Section 2.06(aclause (iii) shall no longer be applicable), prior to the 90th day after the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(iii) and 1.01(b)(ii) and so long as such conversion does not result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Eurodollar Loans and CDOR Rate Loans than is prior to the 90th day after the Initial Borrowing Date as are permitted under Section 2.02 Sections 1.01(a)(iii) and 1.01(b)(ii) and (ivdiv) Swingline Borrowings of Eurodollar Loans may not be converted pursuant to resulting from this Section 2.061.06 shall be limited in number as provided in Section 1.

Conversions. Each Borrower shall have the option to convert, on any Business Day occurring on or after the Restatement Effective Date, all or a portion equal to at least the applicable Minimum Borrowing Amount (and, if greater, in an integral multiple of $500,000) of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may beunder such Tranche, provided that (iai) except as otherwise provided in Sections 2.10(aSection 1.10(b) and 2.10(c), (xi) Eurodollarin or unless the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, respective Borrower pays all or any part of amounts owing pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Eurodollar Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the applicable Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) unless the Administrative Agent has determined that the Syndication Date has occurred (at which time this clause (iii) shall no longer be applicable), prior to the 30th day after the Restatement Effective Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second, third or fourth Interest Period referred to in clause (B) of the provisos appearing in each of Section 1.01(a)(iii) and Section 1.01(b)(iii) and so long as any such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 30th day after the Restatement Effective Date as are permitted under Section 1.01(a)(iii) and Section 1.01(b)(iii), and (iv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 and 1.02. Each such conversion shall be effected by the applicable Borrower by giving the Administrative Agent at its Notice Office prior to 2:00 P.M. (ivdNew York time) Swingline at least three Business Days’ prior notice (each, a “Notice of Conversion/Continuation”) in the form of Exhibit A-2, appropriately completed to specify the Loans may not of such Borrower to be so converted, the Borrowing or Borrowings pursuant to which such Loans were made and, if to be converted pursuant into Eurodollar Loans, the Interest Period to this Section 2.06be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Restatement Effective Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case (other than Swingline Loans which may be, not be converted pursuant to this Section 2.06) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 2.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, and (iiiciii) no conversion pursuant to this Section 2.06(a) 2.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 2.02. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at the Notice Office prior to 11:00 A.M. (New York City time) at least (x) in the case of conversions of Base Rate Loans into Eurodollar Loans, three Business Days’ prior notice and (ivdy) Swingline in the case of conversions of Eurodollar Loans may not into Base Rate Loans, one Business Day’s prior notice (each, a “Notice of Conversion/Continuation”), in each case in the form of Exhibit A-2, appropriately completed to specify the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were incurred and, if to be converted pursuant into Eurodollar Loans, the Interest Period to this Section 2.06be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each (a) Subject to Section 2.02(b), each Borrower shall have the option to convert, on any Business Day occurring on or after the Effective DateDay, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Denominated Loans (other than Swingline Loans, which shall at all times be maintained as Base Rate Loans or Canadian TermDollar Prime Rate Loans, as the case may be, ) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Denominated Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Denominated Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 2.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xi) Revolving Loans maintained as Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans if no Significant Event of Default or, after if elected by the USD LIBOR Transition DateRequired Lenders or the Administrative Agent, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or any other Event of Default is in existence on the date of the conversion, and (iiiciii) no conversion pursuant to this Section 2.06(a) shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 2.02. Each such conversion shall be effected by the respective Borrower by giving the Administrative Agent at the Notice Office prior to 2:00 P.M. (New York time) at least three Business Days’ prior notice (each, a “Notice of Conversion/Continuation”) in the form of Exhibit A-2, appropriately completed to specify the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were incurred and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted. (b) Mandatory and voluntary conversions of Bankers’ Acceptance Loans into Canadian Prime Rate Loans shall be made in the circumstances, and to the extent, provided in Schedule III. Except as otherwise provided under Section 2.14, Bankers’ Acceptance Loans shall not be permitted to be converted into any other Type of Loan prior to the maturity date of the respective Bankers’ Acceptance or B/A Equivalent Note, as the case may be. (ivdc) The Canadian Borrowers shall have the option to convert, on any Business Day occurring on or after the Initial Borrowing Date, all or a portion at least equal to the applicable Minimum Borrowing Amount of the outstanding principal amount of Canadian Prime Rate Loans (other than Swingline Loans, which shall at all times be maintained as Base Rate Loans or Canadian Prime Rate Loans, as the case may be) made pursuant to one or more Borrowings under a single Tranche into a Borrowing or Borrowings of Bankers’ Acceptance Loans under such Tranche; provided that (i) unless the Required Lenders otherwise agree, Canadian Prime Rate Loans may not be converted into Bankers’ Acceptance Loans if a Significant Event of Default or, if elected by the Required Lenders or the Canadian Administrative Agent, any other Event of Default is in existence on the date of such conversion and (ii) Borrowings of Bankers’ Acceptance Loans resulting from this Section 2.06 shall be limited in number as provided in Section 2.02. Each such conversion shall be effected by the Canadian Borrowers by giving the Canadian Administrative Agent at its Notice Office, prior to 11:00 A.M.(New York time), at least three Business Days prior to the date of the proposed conversion, a Notice of Conversion/Continuation specifying the Canadian Dollar Denominated Loans to be so converted into Bankers’ Acceptance Loans, the Borrowing or Borrowings pursuant to this Section 2.06which such Canadian Dollar Denominated Loans were made and the term of the proposed Borrowing of Bankers’ Acceptance Loans (which, in each case, shall comply with the requirements of Schedule III). The Canadian Administrative Agent shall give each Canadian Lender prompt notice of any such proposed conversion affecting any of its Canadian Revolving Loans maintained as Canadian Prime Rate Loans. Upon any such conversion, the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Canadian Revolving Loans being converted.

Conversions. (a) Each Borrower shall have the option to convert, on any Business Day, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of U.S. Dollar Denominated Loans made to it pursuant to one or more Borrowings of one or more Types of U.S. Dollar Denominated Revolving Loans into a Borrowing of another Type of U.S. Dollar Denominated Revolving Loan; provided that, (a) except as otherwise provided in Section 2.10(b), LIBOR Loans may be converted into Base Rate Loans only on the last day of an Interest Period applicable to the Revolving Loans being converted unless the Borrowers pay any amounts due to the Lenders pursuant to Section 2.11 as a result of such conversion and no such partial conversion of LIBOR Loans shall reduce the outstanding principal amount of such LIBOR Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (b) Base Rate Loans may not be converted into LIBOR Loans if any Event of Default is in existence on the proposed date of conversion and either the Administrative Agent or the Required Lenders have elected, upon notice to the Borrowers, to not permit such conversion in its or their sole discretion, and (c) no conversion pursuant to this Section 2.06 shall result in a greater number of Borrowings of LIBOR Loans than is permitted under Section 2.02. Each such conversion shall be effected by the relevant Borrower (of the U.S. Dollar Denominated Revolving Loan being converted) by giving the Administrative Agent at the Notice Office prior to 12:00 P.M. (New York City time) at least (i) in the case of conversions of Base Rate Loans into LIBOR Loans, three Business Days’ prior written notice or telephonic notice promptly confirmed in writing and (ii) in the case of conversions of LIBOR Loans into Base Rate Loans, one Business Day’s prior written notice or telephonic notice promptly confirmed in writing (each, a “Notice of Conversion/Continuation”), in each case in the form of Exhibit A-2, appropriately completed to specify the U.S. Dollar Denominated Revolving Loans to be so converted, the Borrowing or Borrowings pursuant to which such U.S. Dollar Denominated Revolving Loans were incurred and, if to be converted into LIBOR Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its U.S. Dollar Denominated Revolving Loans. (b) Mandatory and voluntary conversions of Bankers’ Acceptance Loans into Canadian Prime Rate Loans shall be made in the circumstances, and to the extent, provided in Schedule 1.01(b). Except as provided in Schedule 1.01(b), Bankers’ Acceptance Loans shall not be permitted to be converted into any other Type of Loan prior to the maturity date of the respective Bankers’ Acceptance or B/A Equivalent Note, as the case may be.[Reserved]. (c) Each Canadian Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Date, all or a portion at least equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar one or more Canadian Prime RateDollar Denominated Revolving Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower Canadian Borrowerit pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Canadian Dollar Denominated Revolving Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (or Borrowings of the same Tranche) of Bankers’ Acceptance Loansof another Type of Canadian Dollar Loan or Canadian TermDollar Denominated Revolving Loan, as the case may be, ; provided that (iai) unless the Required Lenders otherwise agree, Canadian Prime Rate Loans may not be converted into Bankers’ AcceptanceBA Rate Loans if a Default or anany Event of Default is in existence on the proposed date of such conversion and either the Administrative Agent or the Required Lenders have elected, upon notice to the Borrowers, to not permit such conversion in its or their sole discretion, (ii) Borrowings of Bankers’ AcceptanceBA Rate Loans resulting from this Section 2.06 shall be limited in number as provided in Section 2.02 and (iii) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 2.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR BA Rate Loans may be converted into Canadian Prime Rate Loans, in each case, Loans only on the last day of an Interest Period applicable to the Revolving Loans being converted unless the Canadian Borrowers pay any amounts due to the Lenders pursuant to Section 2.11 as a result of such conversion and no such partial conversion of Eurodollar BA Rate Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR BA Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto. Each such conversion shall be effected by the relevant Canadian Borrower (of Canadian Dollar Denominated Revolving Loan being converted), by giving the Administrative Agent written notice or telephonic notice promptly confirmed in writing to the Notice Office, prior to 12:00 P.M. (iibNew York City time), at least three (i) unless in the Required Lenders otherwise agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) case of conversions of Canadian Prime Rate Loans may only into BA Rate Loans, three Business Days prior to the date of the proposed conversion and (ii) in the case of conversions of BA Rate Loans into Canadian Prime Rate Loans, one Business Days prior to the date of the proposed conversion, a Notice of Conversion/Continuation specifying the Canadian Dollar Denominated Revolving Loans maintained as Canadian Prime Rate Loans to be so converted into CDOR Rate Bankers’ Acceptance Loans, the Borrowing or Borrowings pursuant to which such Canadian Dollar Denominated Revolving Loans were made and the term of the proposed Borrowing of Bankers’ Acceptance Loans (which, in each case, shall comply with the requirements of Schedule 1.01(b)), if no Specified Default or Event of Default is in existence on the date of the conversion, (iiic) no conversion pursuant to this Section 2.06(a) shall result in a greater number of Borrowings of EuroEurocurrency be converted into BA Rate Loans, Term RFR the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Canadian Dollar Denominated Revolving Loans and CDOR maintained as Canadian Prime Rate Loans than is permitted under Section 2.02 and (ivd) Swingline Loans may not be converted pursuant to this Section 2.06Loans.

Conversions. Each Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Incremental Term Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Incremental Term Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Incremental Term Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xix) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiiiy) CDOR B/A Discount Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR B/A Discount Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR B/A Discount Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless the Required Lenders otherwise agree, (xix) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Eurodollar Loans and (yii y) Canadian Prime Rate Loans may only be converted into CDOR B/A Discount Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Euro Rate Loans, Term RFR Loans and CDOR B/A Discount Rate Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each conversion pursuant to this Section 1.06 shall be effected by the respective Borrower by giving the Administrative Agent at the applicable Notice Office prior to 1:00 P.M. (Local Time) at least three Business Days' (or, in the case of an Interest Period other than a one, two, three or six-month period, at least five Business Days') prior notice (each a "Notice of Conversion/Continuation") in the form of Exhibit A-2, appropriately completed to specify the Dollar Loans or Canadian Incremental Term Loans to be so converted, the Borrowing(s) pursuant to which such Dollar Loans or Canadian Incremental Term Loans were made and, if to be converted into Eurodollar Loans (in the case of Dollar Loans) or B/A Discount Rate Loans (in the case of Canadian Incremental Term Loans), the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Dollar Loans and/or Canadian Incremental Loans. For the avoidance of doubt, it is understood that any conversion of one Type of Canadian Incremental Term Loan into another Type of Canadian Incremental Term Loan shall not constitute a repayment of any Canadian Incremental Term Loan being so converted. Canadian Revolving Loans may be converted and/or continued as and to the extent provided in Section 1.17 and Schedule XI." 10. Section 1.07 of the Credit Agreement is hereby amended by (i) inserting the text ", Canadian Revolving Loans" immediately after the text "under a given Tranche" appearing in the first sentence thereof and (ii) inserting the text ", Canadian Revolving Loan Commitments" immediately after the text "for such Tranche" appearing in the first sentence thereof.

Conversions. Each Borrower The Borrowers shall have the option to convert, on any Business Day occurring on or after the Second Restatement Effective Date, all or a portion equal to at least the Minimum Borrowing Amount $1,000,000 (and, if greater, in an integral multiple of $500,000), of the outstanding principal amount of Dollar Revolving Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Revolving Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto$1,000,000, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) prior to the 30th day after the Second Restatement Effective Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if the conversion is effective on the first day of an Interest Period referred to in clause (B) of the proviso to Section 1.01(a)(i) and so long as such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 30th day after the Second Restatement Effective Date, (iv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrowers by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior notice (each a "Notice of Conversion") specifying the Revolving Loans to be so converted, the Borrowing or Borrowings pursuant to which such Revolving Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Revolving Loans.

Conversions. Each Borrower The Borrowers shall have the option to convert, on any Business Day occurring on or after the Third Restatement Effective Date, all or a portion equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted con- verted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted thereto and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) prior to the 30th day after the Third Restatement Effective Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if the conversion is effective on the first day of an Interest Period referred to in clause (B) of the respective provisos to Sections 1.01(a)(i) and 1.01(b)(i) and so long as such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 30th day after the Third Restatement Effective Date, (iv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrowers by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective DateDay, all or a portion equal to at least the Minimum Borrowing Amount of the Table of Contents outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same TrancheClass) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same TrancheClass) of another Type of Dollar Loan or Canadian TermDollar Loan; provided that, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 2.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR LIBOR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted unless the Borrower pays any amounts due under Section 2.11 and no such partial conversion of Eurodollar LIBOR Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate LIBOR Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibii) unless Base Rate Loans may not be converted into LIBOR Loans in excess of one month if any Event of Default exists pursuant to Section 11.05 on the date of conversion, (iii) if any Event of Default (other than as referred to in preceding clause (ii)) is in existence on the date of the proposed conversion of a LIBOR Loan, (x) Base Rate Loans may not be converted into LIBOR Loans if the Administrative Agent or the Required Lenders otherwise agreehave notified the Borrower that conversions will not be permitted during the existence of such Event of Default and (y) in the absence of the notification referred to in preceding clause (x), (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate LIBOR Loans orwith an Interest Period of one month, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 2.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate LIBOR Loans than is permitted under Section 2.02 2.02. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at the Notice Office prior to 12:00 Noon at least (x) in the case of conversions of Base Rate Loans into LIBOR Loans, three Business Days’ prior notice and (ivdy) Swingline in the case of conversions of LIBOR Loans may not into Base Rate Loans, one Business Day’s prior notice (each, a “Notice of Conversion/Continuation”), in each case substantially in the form of Exhibit A-2, appropriately completed to specify the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were incurred and, if to be converted pursuant into LIBOR Loans, the Interest Period to this Section 2.06be initially applicable thereto. The Administrative Agent shall give each applicable Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective fifth Business Day following the Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Lender pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and converted, (ii) no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibiii) unless the Required Lenders otherwise agreeagree in writing, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02, (v) unless the Syndication Date has occurred (at which time this clause (v) shall no longer be applicable), prior to the 90th day after the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(i), 1.01(b)(i) and 1.01(c)(i) and so long as such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 90th day after the Initial Borrowing Date as are permitted under Sections 1.01(a)(i), 1.01(b)(i), and 1.01(c)(i) and (ivdvi) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior written notice (each, a "Notice of Conversion"), specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, convert on any Business Day occurring on or after the Effective Date, all or a portion at least equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar its Revolving Loans, Term Loans or Canadian TermDollar Incremental Term Loans of one Type, into a Borrowing or Borrowings of the other Type of Revolving Loans, Term Loans or Incremental Term Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, ; provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable theretofor such Tranche of Loans, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only not be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified any Default or Event of Default is in existence on the date of the conversionconversion if the Administrative Agent or the Required Lenders have previously advised the Borrower that conversions will not be permitted while such Default or Event of Default, as the case may be, remains in existence, (iiiciii) no conversion pursuant to Borrowings of Eurodollar Loans resulting from this Section 2.06(a1.06 shall be limited in number as provided in Section 1.02, (iv) Eurodollar Loans may only be converted into Base Rate Loans on the last day of the Interest Period applicable thereto, and (v) each such conversion shall result in a greater number of Borrowings of EuroEurocurrency Rate be made pro rata among the Revolving Loans, Term RFR Loans and CDOR or Incremental Term Loans, as the case may be, of each Lender of the Type being converted. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office, prior to 11:00 A.M. (New York time), at least three (3) Business Days’ (or one Business Day’s in the case of a conversion into Base Rate Loans) prior written notice (or telephonic notice promptly confirmed in writing) (each a “Notice of Conversion”) specifying the Revolving Loans, Term Loans than is permitted under Section 2.02 and (ivd) Swingline or Incremental Term Loans may not to be so converted, the Type of Loans to be converted pursuant into and, if to this Section 2.06be converted into a Borrowing of Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective third Business Day after the Initial Borrowing Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided PROVIDED that (iai) except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Lender pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and converted, (ii) no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iibiii) unless the Required Lenders otherwise agreeagree in writing, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02, (v) unless the Syndication Date has occurred (at which time this clause (v) shall no longer be applicable), prior to the 90th day after the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(i), 1.01(b)(i), 1.01(c)(i) and 1.01(d)(i) and so long as such conversion does not result in a greater number of Borrowings of Eurodollar Loans prior to the 90th day after the Initial Borrowing Date as are permitted under Sections 1.01(a)(i), 1.01(b)(i), 1.01(c)(i) and 1.01(d)(i) and (ivdvi) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least (x) in the case of a conversion to Eurodollar Loans, three Business Days' prior written notice and (y) in the case of a conversion to Base Rate Loans, one Business Day's prior written notice (each, a "NOTICE OF CONVERSION"), specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each Borrower Adience or Newco (but not in respect of Newco A Term Loans) as the case may be, shall have the option to convert, on any Business Day occurring on or after the Restatement Effective Date (or, in the case of the Adience A Term Loans, the Adience B-2 Term Loans or the Adience C Term Loans, the earlier of (i) the 45th day after the Restatement Effective Date and (ii) the Syndication Date), all or a portion equal to at least (x) in the Minimum Borrowing Amount case of a conversion of Adience A Term Loans, Adience B Term Loans, Adience B-2 Term Loans, Adience C Term Loans or Newco B Term Loans, $5,000,000 and (y) in the case of a conversion of Dollar Revolving Loans, $1,000,000, of the outstanding principal amount of such Dollar Loans made to Adience or Canadian TermDollar LoansNewco, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same TrancheTranche of Dollar Loans) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same TrancheTranche of Dollar Loans) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may beprovided that, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than (x) in the Minimum case of a Borrowing Amount applicable theretoof Adience A Term Loans, B Term Loans or Adience C Term Loans, $5,000,000 and (y) in the case of a Borrowing of Dollar Revolving Loans, $1,000,000, (iibii) unless the Required Lenders Banks otherwise specifically agree, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default under Section 10.01 or 10.05 or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by Adience or Newco, as the case may be, by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time or, in the case of Newco B Term Loans, London time) at least two Business Days' prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. Each The Borrower shall have the option to convert, convert on ----------- any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion at least equal to at least the applicable Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans or Canadian TermDollar (other than Swingline Loans which shall at all times be maintained as Base Rate Loans, as the case may be, ) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, under a single Tranche into a Borrowing (of the same Tranche) or Borrowings of another Type of Dollar Loan or Canadian TermDollar Loanunder such Tranche; provided, as the case may be, provided that (iai) -------- except as otherwise provided in Sections 2.10(aSection 1.10(b) or unless the Borrower pays all breakage costs and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of other amounts owing to each Bank pursuant to Section 1.11 concurrently with any such outstanding Eurocurrency Rate Loans or Term RFR conversion, Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted converted, and no such partial conversion of a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such the Eurodollar Loans or CDOR Rate Loans made pursuant to a single such Borrowing to less than the Minimum Borrowing Amount applicable thereto, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to unless the Agent has determined that the Syndication Date has occurred (at which time this Section 2.06(aclause (iii) shall no longer be applicable), prior to the 90th day after the Initial Borrowing Date, conversions of Base Rate Loans into Eurodollar Loans may only be made if any such conversion is effective on the first day of the first, second or third Interest Period referred to in clause (y) of each of Sections 1.01(a)(iii) and 1.01(b)(ii) and so long as such conversion does not result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Eurodollar Loans and CDOR Rate Loans than is prior to the 90th day after the Initial Borrowing Date as are permitted under Section 2.02 Sections 1.01(a)(iii) and 1.01(b)(ii) and (ivdiv) Swingline Borrowings of Eurodollar Loans may not be converted pursuant to resulting from this Section 2.061.06 shall be limited in number as provided in Section 1.

Conversions. (a) Each applicable Borrower shall have the option to convert, convert on any Business Day occurring on or after the Effective Date, all or a portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of Dollar Loans ABR Advances (other than ABR Advances constituting Swing Line Loans) or Canadian TermDollar Loans, as Core Currency Advances into (i) in the case may beof an ABR Advance, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (ia) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated Core Currency Advances in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated Core Currency Advances in Dollars, upon one or more ABR Advances or one or more new Core Currency Advances in Dollars and (iii) in the occurrence case of a Core Currency Advance, one or more new Core Currency Advances of the Interest Payment Date thereforsame Core Currency, all or any part of any such outstanding Daily Simple RFR Loans provided that (A) except as otherwise provided in Section 3.4(b), Core Currency Advances may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, new Core Currency Advances or ABR Advances only on the last day of an the Interest Period applicable to the Loans Core Currency Advances being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loansconverted, as the case may be, shall reduce (B) the outstanding principal amount of the new Core Currency Advances having the same Interest Period shall be in an amount equal to $500,000 or such Eurodollar Loans amount plus a whole multiple of $100,000 in excess thereof (or CDOR Rate Loans made pursuant to an amount in the applicable Alternate Currency having a single Borrowing to less than the Minimum Borrowing Amount applicable theretoDollar Equivalent of approximately $500,000 or such amount plus a whole multiple of approximately $100,000 in excess thereof), (iibC) unless the Required Lenders otherwise agreeoutstanding principal amount of the new ABR Advances shall be in an amount equal to $500,000 or such amount plus a whole multiple of $100,000 in excess thereof, (xiD) Base Rate Loans ABR Advances or Core Currency Advances in Dollars may only not be converted into Eurodollarone or more Eurocurrency Rate Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, Core Currency Advances in each case, Dollars if no Specified any Default or Event of Default is in existence on the date of the conversionconversion and the Required Lenders (b) Each such conversion shall be effected by the applicable Borrower by giving the Administrative Agent, at its office set forth in Section 11.2, at least three Business Days prior written notice (iiiceach a “Notice of Conversion”), specifying the ABR Advances or the Core Currency Advances to be so converted, the date of such conversion (which shall be a Business Day) no and, if to be converted into Core Currency Advances, the Interest Period to be applicable thereto. The Administrative Agent shall give each Lender prompt notice of any such proposed conversion pursuant affecting any of its Loans. (c) If with respect to this Section 2.06(athe expiration of an existing Interest Period for a Core Currency Advance the applicable Borrower has failed to deliver a Notice of Conversion with respect thereto, such Borrower shall be deemed to have elected (i) shall result if a Core Currency Advance in a greater number of Borrowings of EuroEurocurrency Rate LoansDollars, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 to convert such Core Currency Advance to an ABR Advance and (ivdii) Swingline Loans may not be converted pursuant if a Core Currency Advance other than in Dollars, to this Section 2.06convert such Core Currency Advance to a new Core Currency Advance with a one month Interest Period, in either case effective as of the expiration date of such existing Interest Period.

Conversions. Each Borrower shall have the option to convert, convert on any Business Day occurring on or after the Effective Date, all or a portion equal to at least the applicable Minimum Borrowing Amount for such Tranche of the outstanding principal amount of the Dollar Loans or Canadian TermDollar (other than (x) Tranche 2 Revolving Loans which shall at all times remain Eurodollar Loans and (y) Swingline Loans which shall at all times remain Base Rate Loans, as the case may be, ) made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing or Borrowings (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the applicable Minimum Borrowing Amount applicable theretofor such Tranche, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only not be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or any Event of Default is in existence on the date of the conversionconversion if the Administrative Agent or the Required Banks have previously advised such Borrower that conversions will not be permitted while such Event of Default remains in existence, (iiiciii) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Eurodollar Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans prior to the Syndication Date, no Loan may not be converted into Eurodollar Loans except on the first day of a Pre-Syndication Interest Period. Each such conversion (other than automatic conversions pursuant to this the last paragraph of Section 2.061.09) shall be effected by the applicable Borrower's giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior written notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing or Borrowings pursuant to which such Loans were made, the date of such conversion (which shall be a Business Day) and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective Initial Borrowing Date, all or a portion equal to at least $3,000,000 in the Minimum case of a Borrowing Amount of Term Loans and equal to at least $1,000,000 in the case of a Borrowing of Revolving Loans of the outstanding principal amount of Dollar such Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(cSection 1.10(b), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on the last day of an Interest Period applicable to the Loans being converted and no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than $3,000,000 in the Minimum case of a Borrowing Amount applicable theretoof Term Loans and to less than $1,000,000 in the case of a Borrowing of Revolving Loans, (iib) unless the Required Lenders otherwise agree, (xiii) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciii) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 1.02 and (ivdiv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Agent at its Notice Office prior to 12:00 Noon (New York time) at least three Business Days' prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans. Upon any such conversion the proceeds thereof will be deemed to be applied directly on the day of such conversion to prepay the outstanding principal amount of the Loans being converted.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring on or after the Effective earlier of (1) the 5th day after the Initial Borrowing Date and (2) the Syndication Date, all or a portion equal to at least (x) in the Minimum Borrowing Amount case of a conversion of Term Loans, $1,000,000 and (y) in the case of a conversion of Revolving Loans, $1,000,000 (or $500,000 if in the case of a conversion into Base Rate Loans), of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided PROVIDED that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of any Interest Period, all or any part of any such outstanding Eurocurrency Rate Loans or Term RFR no Eurodollar Loans may be converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of on a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on day which is not the last day of an Interest Period applicable to the Loans being converted and converted, (ii) no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto$1,000,000, (iibiii) unless the Required Lenders Banks otherwise agreespecifically agree in writing, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Eurodollar Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least (x) in the case of a conversion to Eurodollar Loans, three Business Days' prior notice and (y) in the case of a conversion to Base Rate Loans, one Business Day's prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.

Conversions. Each The Borrower shall have the option to convert, on any Business Day occurring after the Restatement Effective Date (or, in the case of the Tranche C Term Loans, on or after the earlier of (1) the 14th day after the Restatement Effective Date and (2) the Syndication Date), all or a portion equal to at least (x) in the Minimum Borrowing Amount case of a conversion of Term Loans, $5,000,000 and (y) in the case of a conversion of Revolving Loans, $5,000,000 (or $1,000,000 if in the case of a conversion into Base Rate Loans), of the outstanding principal amount of Dollar Loans or Canadian TermDollar Loans, as the case may be, made to such Borrower pursuant to one or more Borrowings (so long as of the same Tranche) of one or more Types of Dollar Loans or Types of Canadian TermDollar Loans, as the case may be, into a Borrowing (of the same Tranche) of another Type of Dollar Loan or Canadian TermDollar Loan, as the case may be, provided that (iai) except as otherwise provided in Sections 2.10(a) and 2.10(c), (xi) Eurodollarin the case of a Eurocurrency Rate Loan or Term RFR Loan denominated in Dollars, upon the expiration of if for any Interest Period, all or reason whatsoever any part of any such outstanding Eurocurrency Rate Eurodollar Loans or Term RFR Loans may be are converted into Base Rate Loans (other than Swingline Loans), (ii) in the case of on a Daily Simple RFR Loan denominated in Dollars, upon the occurrence of the Interest Payment Date therefor, all or any part of any such outstanding Daily Simple RFR Loans may be converted into Base Rate Loans, and (yiii) CDOR Rate Loans may be converted into Canadian Prime Rate Loans, in each case, only on day which is not the last day of an Interest Period applicable to the Loans being converted and converted, the Borrower shall pay all amounts owing in connection therewith as required by Section 1.11, (ii) no such partial conversion of Eurodollar Loans or CDOR Rate Loans, as the case may be, shall reduce the outstanding principal amount of such Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing to less than the Minimum Borrowing Amount applicable thereto$5,000,000, (iibiii) unless the Required Lenders Banks otherwise agreespecifically agree in writing, (xi) Base Rate Loans may only be converted into Eurodollarone or more Eurocurrency Rate Eurodollar Loans or, after the USD LIBOR Transition Date, RFR Loans and (yii ) Canadian Prime Rate Loans may only be converted into CDOR Rate Loans, in each case, if no Specified Default or Event of Default is in existence on the date of the conversion, (iiiciv) no conversion pursuant to this Section 2.06(a) 1.06 shall result in a greater number of Eurodollar Borrowings of EuroEurocurrency Rate Loans, Term RFR Loans and CDOR Rate Loans than is permitted under Section 2.02 1.02 and (ivdv) Swingline Loans may not be converted pursuant to this Section 2.061.06. Each such conversion shall be effected by the Borrower by giving the Administrative Agent at its Notice Office prior to 12:00 Noon (New York time) at least (x) in the case of a conversion to Eurodollar Loans, three Business Days' prior notice and (y) in the case of a conversion to Base Rate Loans, one Business Day's prior notice (each a "Notice of Conversion") specifying the Loans to be so converted, the Borrowing(s) pursuant to which such Loans were made and, if to be converted into Eurodollar Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each Bank prompt notice of any such proposed conversion affecting any of its Loans.