Non-Conversion. If on the Conversion Commitment Date AEF determines that the Customer has not satisfied all applicable Conversion Conditions and Tranche B Conditions Precedent, the Tranche A Outstandings shall not convert to a Tranche B Loan and shall become due and payable by the Customer in accordance with Section 2.05(b).
Appears in 2 contracts
Sources: Customer Loan Agreement (Cd Radio Inc), Customer Loan Agreement (Cd Radio Inc)