Common use of Term Loan Conversion Date Clause in Contracts

Term Loan Conversion Date. “Term Loan Conversion Date” shall be the date on which the Note evidencing the Loan converts to a so-called “term loan”, which such date shall occur on the first (1st) day of the first (1st) month after the Completion Date, but in no event later than the Completion Deadline.

Appears in 1 contract

Sources: Loan Agreement (Paycom Software, Inc.)

Term Loan Conversion Date. Term Loan Conversion Date" shall be the date on which the Note evidencing the Loan converts to a so-called "term loan", )which such date shall occur on the first (1st) 151 day of the first (1st) 151 month after the Completion Date, but in no event later than the Completion Deadline.

Appears in 1 contract

Sources: Loan Agreement (Paycom Software, Inc.)