Common use of Request for Conversions Clause in Contracts

Request for Conversions. The Borrower may request the Lenders to convert all or any portion of any Type of the Loans into another Type of Loans or to rollover any Type of the Loans into the same Type, by delivering to the Administrative Agent a Conversion Request within the delays herein contemplated at any time before the Maturity Date. Any Conversion Request delivered on any Business Day after the time by which it is required hereunder to be delivered, shall be deemed to have been received the next following Business Day.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Alimentation Couche Tard Inc)

Request for Conversions. The Borrower may request the Lenders Lender to convert all or any portion of any Type of Advance under the Loans Term Facility into another Type of Loans or to rollover any such Type of the Loans into the same Type, by delivering to the Administrative Agent Lender a Conversion Request within the delays herein contemplated at any time before the Maturity Datecontemplated. Any Conversion Request delivered on any Business Day after the time by which it is required hereunder to be delivered, shall be deemed to have been received the next following Business Day.

Appears in 1 contract

Sources: Credit Agreement (Aar Corp)