Common use of Selection To Be Made Clause in Contracts

Selection To Be Made. Borrower shall select, on a Loan by Loan basis, and thereafter may change the selection of, the applicable interest rate from the alternatives otherwise provided for in this Agreement by giving Administrative Agent a Notice of Rate Selection as provided in Section 2.3.5: (i) at least three (3) Business Days prior lo the initial making of a Loan, (ii) on any Business Day on which Borrower desires lo convert an outstanding Fixed LIBOR Rate Loan to any Variable Rate Loan, to convert a Base Rate Loan to a Floating LIBOR Rate Loan or lo convert a Floating LIBOR Rate Loan to a Base Rate Loan or (iii) at least three (3) Business Days before the date on which Borrower desires to convert an outstanding Variable Rate Loan to a Fixed LIBOR Rate Loan or make any change with respect lo an outstanding Fixed LIBOR Rate Loan; provided, that any conversion of any Fixed LIBOR Rate Loan or any other change with respect to a Fixed LIBOR Rate Loan shall be subject to the Make Whole Provision, to the extent applicable.

Selection To Be Made. Borrower shall select, on a Loan by Loan basis, and thereafter may change the selection of, the applicable interest rate from the alternatives otherwise provided for in this Agreement by giving Administrative Agent a Notice of Rate Selection as provided in Section 2.3.5: (i) at least three (3) Business Days prior lo to the initial making of a Loan, (ii) on any Business Day on which Borrower desires lo to convert an outstanding Fixed LIBOR Rate Loan to any Variable Rate Loan, to convert a Base Rate Loan to a Floating LIBOR Rate Loan or lo to convert a Floating LIBOR Rate Loan to a Base Rate Loan or (iii) at least three (3) Business Days before the date on which Borrower desires to convert an outstanding Variable Rate Loan to a Fixed LIBOR Rate Loan or make any change with respect lo to an outstanding Fixed LIBOR Rate Loan; provided, that any conversion of any Fixed LIBOR Rate Loan or any other change with respect to a Fixed LIBOR Rate Loan shall be subject to the Make Whole Provision, to the extent applicable.