Common use of Exercise of Conversion Options Clause in Contracts

Exercise of Conversion Options. (a) The Borrower may request a Currency Conversion or an Interest Rate Conversion by delivering to the Bank an irrevocable “Conversion Request Letter” in form and substance satisfactory to the Bank, indicating the financial terms and conditions requested by the Borrower for the respective Conversion. The Bank may provide the Borrower with a form of Conversion Request Letter. (b) The Conversion Request Letter shall be signed by a duly authorized representative of the Borrower, with the consent of the Guarantor, if any, and shall contain at least the following information: (i) For all Conversions. (A) Loan number; (B) amount subject to Conversion;

Exercise of Conversion Options. (a) The Borrower may request a Currency Conversion or Conversion, an Interest Rate Conversion or a Commodity Conversion by delivering to the Bank an irrevocable “Conversion Request Letter” Letter in form and substance satisfactory to the Bank, indicating the financial terms and conditions requested by the Borrower for the respective Conversion. The Bank may provide the Borrower with a form of model Conversion Request Letter. (b) The Conversion Request Letter shall be signed by a duly authorized representative of the Borrower, with the consent of the Guarantor, if any, and shall contain at least the following information: (i) For all Conversions. (A) Loan number; (B) amount subject to Conversion;

Exercise of Conversion Options. (a) The Borrower may request a Currency Conversion or an Interest Rate Conversion by delivering to the Bank an irrevocable “Conversion Request Letter” Letter in form and substance satisfactory to the Bank, indicating the financial terms and conditions requested by the Borrower for the respective Conversion. The Bank may provide the Borrower with a form of model Conversion Request Letter. (b) The Conversion Request Letter shall be signed by a duly authorized representative of the Borrower, with the consent of the Guarantor, if any, and shall contain at least the following information: (i) For all Conversions. (A) Loan number; (B) amount subject to Conversion;

Exercise of Conversion Options. (a) The Borrower may request a Currency Conversion or an Interest Rate Conversion by delivering to the Bank an irrevocable “Conversion Request Letter” in form and substance satisfactory to the Bank, indicating the financial terms and conditions requested by the Borrower for the respective Conversion. The Bank may provide the Borrower with a form of Conversion Request Letter. (b) The Conversion Request Letter shall be signed by a duly authorized representative of the Borrower, with the consent of the Guarantor, if any, and shall contain at least the following information: (i) For all Conversions. (A) Loan number; (B) amount subject to Conversion;; (C) Conversion type (Currency Conversion or Interest Rate Conversion); (D) account number where funds shall be deposited, if applicable; and (E) Interest Rate Calculation Convention.

Exercise of Conversion Options. (a) The Borrower may request a Currency Conversion or Conversion, an Interest Rate Conversion or a Commodity Conversion by delivering to the Bank an irrevocable “Conversion Request Letter” in form and substance satisfactory to the Bank, indicating the financial terms and conditions requested by the Borrower for the respective Conversion. The Bank may provide the Borrower with a form of Conversion Request Letter. (b) The Conversion Request Letter shall be signed by a duly authorized representative of the Borrower, with the consent of the Guarantor, if any, and shall contain at least the following information: (i) For all Conversions. : (A) Loan number; (B) amount subject to Conversion;