SOFR Loan and CORRA Loan Rollovers; Selection of SOFR Loan and CORRA Loan Interest Periods

SOFR Loan and CORRA Loan Rollovers; Selection of SOFR Loan and CORRA Loan Interest Periods. At or before 10:00 a.m. (Calgary time) three Banking Days prior to the expiration of each Interest Period of each SOFR Loan or CORRA Loan, as applicable, the Borrower shall, unless it has delivered a Conversion Notice pursuant to Section 2.7 and/or a Repayment Notice pursuant to Section 2.14 (together with a Rollover Notice if a portion only is to be converted or repaid; provided that a portion of a SOFR Loan or CORRA Loan, as applicable, may be continued only if the portion which is to remain outstanding is equal to or exceeds the minimum amount required hereunder for Drawdowns of SOFR Loans or CORRA Loans, as applicable) with respect to the aggregate amount of such Loan, deliver a Rollover Notice to the Agent selecting the next Interest Period applicable to the SOFR Loan or CORRA Loan, as applicable, which new Interest Period shall commence on and include the last day of such prior Interest Period. If the Borrower fails to deliver a Rollover Notice to the Agent as provided in this Section, the Borrower shall be deemed to have given a Conversion Notice to the Agent electing to convert (a) the entire amount of the maturing SOFR Loan into a U.S. Base Rate Loan or (b) the entire amount of a maturing CORRA Loan into a Canadian Prime Rate Loan, as applicable.