Term Conversion. The Term Conversion Date shall not have occurred by the Date Certain.
Term Conversion. On the Term Conversion Date:
Term Conversion. Term Conversion shall not have occurred by the Term Conversion Date Certain. then, and in any such event, (A) if such event is an Event of Default specified in clauses (i) or (ii) of paragraph (g) above with respect to the Borrower, automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents (including all amounts of L/C Reimbursement Obligations, but excluding, for the avoidance of doubt, all obligations under Interest Rate Hedge Agreements) shall immediately become due and payable and (B) if such event is any other Event of Default, either or both of the following actions may be taken: (i) with the consent of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower declare the Commitments to be terminated forthwith, whereupon the Commitments shall immediately terminate; and (ii) with the consent of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents (including all amounts of L/C Reimbursement Obligations, but excluding, for the avoidance of doubt, all obligations under Interest Rate Hedge Agreements) to be due and payable forthwith, whereupon the same shall immediately become due and payable. To the extent not already cash collateralized or Cash Collateralized, upon any termination of the Commitments pursuant to this Section 7.01, with respect to all applicable Letters of Credit with respect to which presentment for honor shall not have occurred at the time of such acceleration, the Borrower shall at such time deposit in a cash collateral account opened by the Administrative Agent an amount equal to 102.5% of the aggregate then undrawn and unexpired amount of such Letters of Credit. Amounts held in such cash collateral account shall be applied by the Administrative Agent to the payment of drafts drawn under such Letters of Credit, and the unused portion thereof after all such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to repay other obligations of the Borrower hereunder and under the other Loan Documents. After all such Letters of Credit shall have expired or been fu...
Term Conversion. Term Conversion shall have occurred.
Term Conversion. 1. If at any time the Client converts the Candidate from a Part-time Placement Candidate to a Long-term Full-time Placement Candidate, the Client will pay to the Agency the difference between the rate for Long-term Full-time Placement and the rate for Long-term Part-time Placement as provided in provision 1(A) hereof.
Term Conversion. No Construction Loan shall Term-Convert unless the following conditions shall have been satisfied or waived in writing by the Controlling Party (the date of such satisfaction or waiver of the following conditions being referred to herein as the “Term Period Commencement Date”).
Term Conversion. Term-Conversion shall not have occurred by June 14, 2011.
Term Conversion. An employee who has been employed in a term position of at least twelve
Term Conversion. Any policy issued as a conversion from an individual term policy will accrue the same commissions as a regular new policy, unless Insurer's written rules otherwise provide. Unless converted from a YRT-250 policy in its first five policy years, any Plan 4 policy issued as a conversion will accrue commissions only on the increase in premium over the converted individual term policy.
Term Conversion. From and after the Term Conversion Date (if any): (A) no assets not then included in the Borrowing Base may thereafter be added under any clause of the Borrowing Base, and no Eligible Equipment, Eligible Contract, Eligible Emerging Growth Contract or other assets included in any one of the clauses under the Borrowing Base may be included in any other clause of the Borrowing Base; (B) the amounts then included under clause (c) of the Borrowing Base (i.e., Residual Value Clause) shall not be increased by virtue of accretion or otherwise, and no effect shall be given to any increase in value of such amounts included under the Residual Value Clause after the Term Conversion Date; and (C) no Residual Values may be included in the Borrowing Base following the Term Conversion Date other than Residual Values represented by Eligible Residual Leased Property in existence on the Term Conversion Date and as (and not greater than to the extent) described in the Borrowing Base Computation delivered to the Banks on the Term Conversion Date.
