Common use of No Conversion Post Clause in Contracts

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 3 contracts

Sources: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc), Credit Agreement (Sybron Dental Specialties Inc)

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.11(A) or Section 2.10(B2.11(B), no Loan may be converted into or continued as a Eurocurrency Rate Eurodollar Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Sources: Credit Agreement (SCP Pool Corp)

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Fixed Rate Loan (other than a Eurocurrency Rate Loan (in an Agreed Currency other than Dollars for an Interest Period only of one month) except with the consent of the Required Lenders) Lenders when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Sources: Multicurrency Credit Agreement (Brightpoint Inc)

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (other than a Eurocurrency Rate Loan in an Agreed Currency other than Dollars) except with the consent of the Required Lenders) Lenders when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Sources: Credit Agreement (Aas Capital Corp)

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(A) or Section 2.10(B2.9(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan or an Alternate Currency Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Sources: Credit Agreement (Thomas Industries Inc)

No Conversion Post. Default or Post-Unmatured Default. Notwithstanding anything to the contrary contained in Section 2.10(A2.9(A) or Section 2.10(B2.9(B), no Loan may be converted into or continued as a Eurocurrency Rate Loan (except with the consent of the Required Lenders) when any Default or Unmatured Default has occurred and is continuing.

Appears in 1 contract

Sources: Credit Agreement (Plexus Corp)