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.
Continuations and Conversions. Except as otherwise provided herein, a Term SOFR PortionLoan may be continued or converted only on the last day of an Interest Period for such Term SOFR Portion.Loan. During the existence of a Default, # no Loans may be requested as, converted to or continued as Term SOFR PortionsLoans 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.[[Loan Parties:Organization]].
Continuations and Conversions. Except as otherwise provided herein, a TermEurodollar RateTerm SOFR PortionLoan may be continued or converted only on the last day of an Interest Period for such TermEurodollar RateTerm SOFR Portion.Loan. During the existence of aan Event of Default, # no Loans may be requested as, converted toto, or continued as Termas, Eurodollar RateTerm SOFR PortionsLoans 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.Lenders.
Continuations and Conversions. Except as otherwise provided herein, a Term SOFR PortionLoan or Alternative Currency Term Rate Loan may be continued or converted only on the last day of an Interest Period for such Term SOFR Portion.Loan. During the existence of a Default, # no Loans may be requested as, converted to or continued as Term SOFR PortionsLoans or Alternative Currency Loans without the consent of the Required Lenders, and the Required Lenders and # unless repaid, eachmay demand that any or all of the then outstanding Term SOFR Portion shallLoans or Alternative Currency Loans be converted to a Base Rate Portion atprepaid, or redenominated into Dollars in the endamount of the Dollar Equivalent thereof, on the last day of the then current Interest Period applicablewith respect thereto.
Continuations and Conversions. ExceptIf, on the expiration of any Interest Period in respect of any SOFR Borrowing, the Borrower shall have failed to deliver a Notice of Conversion/Continuation, then, unless such Borrowing is repaid as otherwise provided herein, the Borrower shall be deemed to have elected to convert such Borrowing to a SOFR Borrowing based on Adjusted Term SOFR Portionfor an Interest Period of one (1) month. No Borrowing may be converted into, or continued as, a SOFR Borrowing if a Default or converted onlyan Event of Default exists, unless the Bank shall have otherwise consented in writing. No conversion of any SOFR Loan shall be permitted except 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.in respect thereof.
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