Continuations. The may, on any Business Day, upon notice given to the Administrative Agent not later than (New York City time) on the third Business Day prior to the date of the proposed Continuation and subject to the provisions of [[Sections 2.09 and 2.12]2]]2], Continue all or any portion of the outstanding Eurodollar Rate Loans comprising part of the same Borrowing for one or more Interest Periods; provided that # Eurodollar Rate Loans so Continued and having the same Interest Period shall be in an amount not less than the minimum amount specified in [[Section 2.10(c) and (ii)])]])] in the case of any such Continuation on a day other than the last day of an Interest Period therefor, the shall reimburse the Lenders in respect thereof pursuant to [Section 8.04(c)]. Each such notice of a Continuation shall, within the restrictions specified above, specify # the date of such Continuation, # the Eurodollar Rate Loans to be Continued and # the duration of the initial Interest Period (or Interest Periods) for the Eurodollar Rate Loans subject to such Continuation. Each notice of Continuation shall be irrevocable and binding on the .
Continuations and Conversions. Except as otherwise provided herein, a Term SOFR Portion may be continued or converted only on the last day of an Interest Period for such Term SOFR Portion. During the existence of a Default, # no Loans may be requested as, converted to or continued as Term SOFR Portions without the consent of the Required Lenders and # unless repaid, each Term SOFR Portion shall be converted to a Base Rate Portion at the end of the Interest Period applicable thereto.
Borrowing, Conversions, Continuations. The Borrower may request that the Term Loan be # made as or converted to Base Rate Loans by irrevocable notice in the form separately provided by the Lender to the Borrower and to be received by the Lender at the address specified in such notice not later than on the Business Day of the borrowing or conversion, or # made or continued as, or converted to, Eurodollar Rate Loans by irrevocable notice in the form separately provided by the Lender to the Borrower and to be received by the Lender at the address specified in such notice not later than three Business Days prior to the Business Day of the borrowing, continuation or conversion. If the Borrower fails to give a notice of conversion or continuation prior to the end of any Interest Period in respect of any Eurodollar Rate Loan, the Borrower shall be deemed to have requested that such Term Loan be converted to a Base Rate Loan on the last day of the applicable Interest Period. If the Borrower requests that a Term Loan be continued as or converted to a Eurodollar Rate Loan, but fails to specify an Interest Period with respect thereto, the Borrower shall be deemed to have selected an Interest Period of one month. Notices pursuant to this Paragraph 1(b) may be given by telephone if promptly confirmed in writing.
Subject to the penultimate sentence of this [clause (a)], (i) the Borrower shall have the option on any Business Day to convert all or a portion equal to at least (and multiples of in excess thereof) of the outstanding principal amount of Senior Interim Loans of one Type into a Borrowing or Borrowings of another Type and # the Borrower shall have the option on any Business Day to continue the outstanding principal amount of any LIBOR Loans as LIBOR Loans for an additional Interest Period; provided that # no partial conversion of LIBOR Loans shall reduce the outstanding principal amount of LIBOR Loans made pursuant to a single Borrowing to less than the , # ABR Loans may not be converted into LIBOR Loans if an Event of Default is in existence on the date of the conversion and the Administrative Agent has or the Required Lenders have determined in its or their sole discretion not to permit such conversion, # LIBOR Loans may not be continued as LIBOR Loans for an additional Interest Period if an Event of Default is in existence on the date of the proposed continuation and the Administrative Agent has or the Required Lenders have determined in its or their sole discretion not to permit such continuation, and # Borrowings resulting from conversions pursuant to this [Section 2.6] shall be limited in number as provided in [Section 2.2]. Each such conversion or continuation shall be effected by the Borrower by giving the Administrative Agent at the Administrative Agents Office prior to (New York City time) at least # three Business Days prior written notice (or telephonic notice promptly confirmed in writing), in the case of a continuation of LIBOR Loans or # one Business Days prior written notice (or telephonic notice promptly confirmed in writing), in the case of a conversion into ABR Loans (each, a Notice of Conversion or Continuation) specifying the Senior Interim Loans to be so converted or continued, the Type of Senior Interim Loans to be converted into or continued and, if such Senior Interim Loans are to be converted into or continued as LIBOR Loans, the Interest Period to be initially applicable thereto (if no Interest Period is selected, the Borrower shall be deemed to have selected an Interest Period of one months duration). The Administrative Agent shall give each applicable Lender notice as promptly as practicable of any such proposed conversion or continuation affecting any of its Senior Interim Loans.
SECTION # Borrowings, Conversions and Continuations of Loans.
2.02Borrowings, Conversions and Continuations of Revolving Loans.
“Patent” means the following: # any and all patents and patent applications; # all inventions described and claimed therein; # all reissues, divisions, continuations, renewals, extensions and continuations in part thereof; and # all rights corresponding to any of the foregoing.
“Patents” shall mean, collectively, all of each Grantor’s letters patent under the Laws of the United States, all recordings and registrations thereof and applications therefor, including the inventions described therein, all reissues, continuations, divisions, renewals, extensions, or continuations-in-part thereof.
Section # Borrowings, Conversions and Continuations of Revolving Loans 102100
after giving effect to # all Term A-1 Borrowings, all conversions of Term A-1 Loans from one Type to the other, and all continuations of Term A-1 Loans as the same Type, # all Term A-2 Borrowings, all conversions of Term A-2 Loans from one Type to the other, and all continuations of Term A-2 Loans as the same Type and # all Revolving Credit Borrowings, all conversions of Revolving Credit Loans from one Type to the other, and all continuations of Revolving Credit Loans as the same Type, there shall be more than ten (10) Interest Periods in effect with respect to the Revolving Credit Facility, Term A-1 Facility and the Term A-2 Facility;
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