Example ContractsClauseselection irrevocableVariants
Election Irrevocable
Election Irrevocable contract clause examples

To make an election pursuant to this Section, a Borrower, or on its behalf, shall notify [[Administrative Agent:Organization]] of such election (by telephone or irrevocable written notice in the case of a Borrowing denominated in Dollars or by irrevocable written notice (via an Interest Election Request in a form approved by [[Administrative Agent:Organization]] and signed by such Borrower, or on its behalf) in the case of a Borrowing denominated in a Foreign Currency by the time that a Borrowing Request would be required under [Section 2.03] if such Borrower were requesting a Revolving Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to [[Administrative Agent:Organization]] of a written Interest Election Request in a form approved by the Administrative Agent and signed by the relevant Borrower, or on its behalf. Notwithstanding any contrary provision herein, this Section shall not be construed to permit any Borrower to # change the currency of any Borrowing, # elect an Interest Period for Eurocurrency Loans that does not comply with Section 2.02(d) or (iii))] convert any Borrowing to a Borrowing of a Type that is not available.

To make an election pursuant to this Section, a Borrower, or on its behalf, shall notify the Administrative Agent of such election (by telephone or irrevocable written notice in the case of a Borrowing denominated in Dollars or by irrevocable written notice (via an Interest Election Request in a form approved by the Administrative Agent and signed by such Borrower, or on its behalf) in the case of a Borrowing denominated in a Foreign Currency by the time that a Borrowing Request would be required under [Section 2.03] if such Borrower were requesting a Revolving Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by the relevant Borrower, or on its behalf. Notwithstanding any contrary provision herein, this Section shall not be construed to permit any Borrower to # change the currency of any Borrowing, # elect an Interest Period for EurocurrencyTerm Benchmark Loans that does not comply with [Section 2.02(d) or (iii)])] convert any Borrowing to a Borrowing of a Type that is not available.

To make an election pursuant to this Section, the Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under [Section 2.03] if the Borrower were requesting a Revolving Borrowing of the Type and in the currency resulting from such election to be made on the effective date of such election; provided that any notice of election to convert a Eurocurrency Borrowing into an ABR Borrowing at the end of its then-current Interest Period must be made by the time that a Borrowing Request for a Eurocurrency Borrowing would be required under [Section 2.03]. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding any other provision of this Section, the Borrower will not be permitted to change the currency of any Borrowing.

To make an election pursuant to this Section, a Borrower shall notify the Administrative Agent of such election by the time and date that a Borrowing Request would be required under [Section 2.03] if such Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such notice shall be given by telephone or telecopy. Each Interest Election Request shall be irrevocable and shall be in a form (or, in the case of a telephonic Interest Election Request, confirmed promptly by hand delivery or telecopy of a written Interest Election Request in a form) approved by the Administrative Agent and signed by a Financial Officer of the applicable Borrower. Notwithstanding any other provision of this Section, a Borrower shall not be permitted to # change the currency of any Borrowing, # to elect an Interest Period for LIBOR Loans, EURIBOR Loans or CDOR Loans that does not comply with Section 2.02(d) or (iii) to convert any Borrowing into a Type not available for Borrowings in the applicable currency.

To make an election pursuant to this Section, a Borrower, or on its behalf, shall notify [[Administrative Agent:Organization]] of such election (by irrevocable written notice via an Interest Election Request signed by such Borrower, or on its behalf) by the time that a Borrowing Request would be required under Section 2.03 if such Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Notwithstanding any contrary provision herein, this Section shall not be construed to permit any Borrower to # change the currency of any Borrowing, # elect an Interest Period for Term Benchmark Loans that does not comply with Section 2.02(d) or (iii) convert any Borrowing to a Borrowing of a Type not available under the Class of Commitments pursuant to which such Borrowing was made.

To make an election pursuant to this Section, a Borrower, or the Company on its behalf, shall notify the Administrative Agent of such election (by irrevocable written notice (via an Interest Election Request signed by such Borrower, or the Company on its behalf) by the time that a Borrowing Request would be required under [Section 2.03] if such Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Notwithstanding any contrary provision herein, this Section shall not be construed to permit any Borrower to # change the currency of any Borrowing, # elect an Interest Period for EurocurrencyTerm Benchmark Loans that does not comply with [Section 2.02(d) or (iii)])] convert any Borrowing to a Borrowing of a Type not available under the Class of Commitments pursuant to which such Borrowing was made.

To make an election pursuant to this Section, the Borrower shall notify the Administrative Agent of such election by telephone (other than a request pursuant to this Section with respect to a Borrowing denominated in a Permitted Foreign Currency, which request shall be made in writing (including by electronic transmission)) by the time that a Borrowing Request would be required under [Section 2.03] if the Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic request shall be irrevocable and shall be confirmed promptly by hand delivery, telecopy or other electronic transmission to the Administrative Agent of a written request (an “Interest Election Request”) in substantially the form of Exhibit C attached hereto and signed by the Borrower.

To make an election pursuant to this Section, the Borrower shall give notice (which notice may be given by telephone, to be confirmed in writing as set forth below) to the Administrative Agent of such election by the time that a Borrowing Request would be required under [Section 2.03] if the Borrower were requesting a Revolving Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such Interest Election Request shall be irrevocable and shall be made (or, in the case of any telephonic Interest Election Request, shall be confirmed promptly) by hand delivery or

To make an election pursuant to this Section, the Borrower shall give irrevocable notice to the Administrative Agent of such election by telephone or delivery of an Interest Election Request; provided, that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent of an Interest Election Request by the time that a Borrowing Request would be required under [Section 2.03] if the Borrower were requesting a Revolving Borrowing of the Type resulting from such election to be made on the effective date of such election. Each written Interest Election Request shall specify the following information in compliance with [Section 2.02]:

To make an election pursuant to this Section, the shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under [Section 2.03] if the were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy or email with PDF attachment to the Administrative Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by the .

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