Common use of ▇▇▇▇▇▇▇▇’s Failure to Notify Clause in Contracts

▇▇▇▇▇▇▇▇’s Failure to Notify. If the Borrower fails to give notice pursuant to Section 1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Term SOFR Loans before the last day of its then current Interest Period within the period required by Section 1.6(a) and such Borrowing is not prepaid in accordance with Section 1.9, such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.

▇▇▇▇▇▇▇▇’s Failure to Notify. If the Borrower fails to give notice pursuant to Section 1.6(a2.4(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing ​ ​ ​ of Term SOFR Loans before the last day of its then current Interest Period within the period required by Section 1.6(a2.4(a) and such Borrowing is not prepaid in accordance with Section 1.92.7(a), such Borrowing shall automatically be converted into a Borrowing of Base Rate Loans.

▇▇▇▇▇▇▇▇’s Failure to Notify. If the Borrower fails to give notice pursuant to Section 1.6(a) above of the continuation or conversion of any outstanding principal amount of a Borrowing of Term Daily Simple SOFR Rate Loans before the last day of its then current Interest Period Payment Date therefor within the period required by Section 1.6(a) and such Borrowing is not prepaid in accordance with Section 1.91.8(a), the Borrower shall be deemed to have selected that such Borrowing shall automatically be converted into continued as a Borrowing of Base Rate Loans.a

▇▇▇▇▇▇▇▇’s Failure to Notify. If the Borrower fails to give notice pursuant to Section 1.6(a) above hereof of the continuation or conversion of any outstanding principal amount of a Borrowing of Term SOFR Loans before the last day of its then current Interest Period within the period required by Section 1.6(a) hereof and such Borrowing is not prepaid in accordance with Section 1.91.8(a) hereof, such Borrowing shall automatically be converted into continued as a Borrowing of Base Rate LoansTerm SOFR Loans with an Interest Period of one (1) month.