Common use of Conversion Conditions Clause in Contracts

Conversion Conditions. Borrower may convert the Revolver into the Term Loan on the Revolver Maturity Date upon at least 90 days prior written notice to Agent. Before any conversion of the Revolver is effective, the following conditions (collectively, the "Conversion Conditions") must be satisfied:

Appears in 1 contract

Sources: Credit Agreement (Apartment Investment & Management Co)

Conversion Conditions. Borrower may convert the Revolver into the Term Loan on the any Revolver Maturity Date upon at least 90 days prior written notice to Agent. Before any conversion of the Revolver is effective, the following conditions (collectively, the "Conversion Conditions") must be satisfied:

Appears in 1 contract

Sources: Credit Agreement (Apartment Investment & Management Co)