Common use of Gestation Collateral Clause in Contracts

Gestation Collateral. By 10:30 a.m. on the day that Associates is converting any Dry Borrowing to a Gestation Borrowing, Associates shall execute and deliver to Administrative Agent a Collateral-Conversion Notice.

Gestation Collateral. By 10:30 a.m. on the day that Associates is converting any Dry Borrowing to a Gestation Borrowing, Associates shall execute and deliver to Administrative Agent a Collateral-Conversion Notice.