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Optional Conversion. The [[Organization A:Organization]] may on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of [Sections 2.09 and 2.13]3], Convert all or any portion of the outstanding Advances denominated in Dollars of one Type comprising part of the same Borrowing into Advances of the other Type; provided that # any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in [Section 2.02(b) and (ii)])] in the case of any such Conversion of a Eurocurrency Rate Advance into a Base Rate Advance on a day other than the last day of an Interest Period therefor, the [[Organization A:Organization]] shall reimburse the Lenders in respect thereof pursuant to [Section 8.04(c)]. Each such notice of a Conversion shall, within the restrictions specified above, specify # the date of such Conversion, # the Advances to be Converted, and # if such Conversion is into Eurocurrency Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the [[Organization A:Organization]].

Optional Conversion. The [[Organization A:Organization]] maymay, on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M.a.m. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of [Sections 2.09 and 2.13]3]12]2], Convert all or any portion of the outstanding Advances denominated in DollarsLoans of one Type comprising part of the same Borrowing into AdvancesLoans of the other Type; provided that # any Conversion of Base Rate AdvancesLoans into EurocurrencyEurodollar Rate AdvancesLoans shall be in an amount not less than the minimum amount specified in [Section 2.02(b)10(c) and (ii)])] in the case of any such Conversion of a EurocurrencyEurodollar Rate AdvanceLoan into a Base Rate AdvanceLoan on a day other than the last day of an Interest Period therefor, the [[Organization A:Organization]] shall reimburse the Lenders in respect thereof pursuant to [Section 8.04(c)]. Each such notice of a Conversion shall, within the restrictions specified above, specify # the date of such Conversion, # the AdvancesLoans to be Converted, and # if such Conversion is into EurocurrencyEurodollar Rate Advances,Loans, the duration of the initial Interest Period for each such Advance.Loans. Each notice of Conversion shall be irrevocable and binding on the [[Organization A:Organization]].

SECTION # Optional Conversion.Conversion of Advances. The [[Organization A:Organization]]Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion in the case of a Conversion to Eurodollar Rate Advances and not later than 11:00 A.M. (New York City time) on the date of the proposed Conversion in the case of a Conversion to Base Rate Advances and subject to the provisions of [Sections 2.0908, 2.12 and 2.13]3]8.04(c)])])], Convert all or any portion of the outstanding Advances denominated in Dollars of one Type comprising part of the same Borrowing into Advances of the other Type; providedprovided, however, that # any Conversion of Base Rate Advances into EurocurrencyEurodollar Rate Advances shall be in an amount not less than the minimum amount specified in [Section 2.02(b)] and (ii)])] in the caseno Conversion of any such Conversion of a Eurocurrency Rate Advance into a Base Rate Advance on a day otherAdvances shall result in more separate Borrowings than the last day of an Interest Period therefor, the [[Organization A:Organization]] shall reimburse the Lenders in respect thereof pursuant topermitted under [Section 8.04(c)2.02(b)]. Each such notice of a Conversion shall, within the restrictions specified above, specify # the date of such Conversion, # the Advances to be Converted, and # if such Conversion is into EurocurrencyEurodollar Rate Advances, the duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and binding on the [[Organization A:Organization]].Borrower.

Optional Conversion. The [[Organization A:Organization]] may onmay, subject to Section 3.04 and Section 3.05, elect from time to time to Convert all or any Business Day, uponportion of the Loan to a Loan of another Type; provided that # with respect to any such Conversion of all or any portion of any Eurodollar Rate Loan to a Base Rate Loan, the [[Organization A:Organization]] shall give the [[Organization B:Organization]] an Interest Rate Notice (or telephonic notice given to the Administrative Agent notpromptly confirmed in writing) no later than 11:00 A.M.am (New York City time) on the thirdat least one (1) Business Day prior to the date of such proposed Conversion; # in the proposedevent of any Conversion and subject to the provisions of [Sections 2.09 and 2.13]3], Convert all or any portion of the outstanding Advances denominated in Dollars of one Type comprising part of the same Borrowing into Advances of the other Type; provided that # any Conversion of Basea Eurodollar Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in [Section 2.02(b) and (ii)])] in the case of any such Conversion of a Eurocurrency Rate AdvanceLoan into a Base Rate Advance on a day other thanLoan prior to the last day of anthe Interest Period therefor,relating to that Eurodollar Rate Loan, the [[Organization A:Organization]] shall reimburseindemnify the Lenders[[Organization B:Organization]] in respect thereof pursuantof such Conversion in accordance with [Section 3.08]; # with respect to [Section 8.04(c)]. Eachany such noticeConversion of all or any portion of a Conversion shall, withinBase Rate Loan to a Eurodollar Rate Loan, the restrictions specified above, specify #[[Organization A:Organization]] shall give the [[Organization B:Organization]] an Interest Rate Notice (or telephonic notice promptly confirmed in writing) no later than 11:00 am (New York time) at least three (3) Business Days prior to the date of such Conversion, # the Advances to be Converted,election; and # ifno Loan may be Converted into a Eurodollar Rate Loan when any Default has occurred and is continuing. On the date on which such Conversion is into Eurocurrencybeing made, [[Organization B:Organization]] may take such action, if any, as it deems desirable to transfer the Loan to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of Loans of any Type may be Converted as specified herein; provided that partial Conversions shall be in an aggregate principal amount of $10,000,000 or any larger integral multiple of $1,000,000. Each Interest Rate Advances,Notice relating to the durationConversion of the initial Interest Period for each such Advance. Each noticeall or any portion of Conversionany Base Rate Loan to a Eurodollar Rate Loan shall be irrevocable and binding on theby [[Organization A:Organization]].

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