Conversion Loan definition

Conversion Loan means a loan originated to finance the fee related to the conversion of an Oasis Lakes Loan, a non-Club RDI Loan, an Aruba Non-Club Loan or other non-Club Loan to a Club Loan.
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Conversion Loan means a loan originated to finance the fee related to the conversion of a non-Club Loan to a Club Loan.
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Conversion Loan means a B.C. Access Grant that has been converted into a loan pursuant to the BCSAP and section 6 of the MSFAA (PT)-BC.
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Examples of Conversion Loan in a sentence

  • Part D: MSFAA (PT)-BC Terms and Conditions Definitions “B.C. Access Grant” means up-front, needs-based financial assistance to low- and middle- income learners studying full- or part-time in eligible programs at B.C. public post-secondary institutions that is non-repayable unless converted to a Conversion Loan under section 6 of the MSFAA (PT)-BC.

  • If your B.C. Access Grant is converted to a Conversion Loan under section 6 of the MSFAA (PT)-BC, your Conversion Loan will be administered and repaid under the Terms and Conditions of the MSFAA (PT)-BC.

  • For certainty, notwithstanding anything to the contrary in the MSFAA, your B.C. Access Grant and any Conversion Loan will not form part of any outstanding loan balance you may be obligated to pay under the MSFAA.


More Definitions of Conversion Loan

Conversion Loan means that portion of the principal amount outstanding under the Revolving Line of Credit which is converted to a term loan pursuant to Article III.
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Conversion Loan means the loans made by Gemini and South Point to the Corporation which are convertible by their terms to Preferred Shares pursuant to the Loan Agreement listed in Exhibit C attached hereto.
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Conversion Loan has the meaning specified in Recital C. ---------------
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Conversion Loan. Any loan made to the Borrower pursuant to, and in accordance with the provisions of, Section 2.6(a) hereof upon the conversion of any Credit Note and LC Interest related thereto.
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Conversion Loan means a loan made by Borrower to a party who is not an Affiliate of Borrower for the financing of a portion of the Conversion Fee to convert a non-equity Membership into a Deferred Equity Membership, evidenced by a Conversion Note.
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Conversion Loan means any loan raised by theWellington City Council under any Act for the purpose of calling in and converting any 20 special loan."
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Related to Conversion Loan

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.