Designated Existing Non-Extended Term Loans

Designated Existing Non-Extended Term Loans. Greater than $300,000,000, the Borrower may (but shall not be obligated to) elect, by written notice to the Administrative Agent, to cause less than all (but not less than $300,000,000 aggregate principal amount) of the Designated Existing Non-Extended Term Loans to become Extended Term Loans, such allocation to be made on a pro rata basis among the Accepting Lenders, such that the same proportion of each Accepting Lender's Designated Existing Non-Extended Term Loans is so converted into... Extended Term Loans (such election, a "Pro Rata Allocation Election"). View More