Converted Loan Termination Date definition

Converted Loan Termination Date means the date that is one year after the Conversion Date (or, if such date is not a Business Day, on the immediately preceding Business Day).
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Converted Loan Termination Date means the date that is one year after the Conversion Date (or, if such date is not a Domestic Business Day, on the immediately preceding Domestic Business Day).
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Converted Loan Termination Date means the date that is 364 days after the ---------------------------------- Conversion Date (or, if such date is not a Business Day, on the immediately preceding Business Day). "Cure Loan" is defined in Section 9.2(iii) hereof. ---------- ----------------- "Customary Permitted Liens" means: --------------------------- (i) Liens (other than Environmental Liens and Liens in favor of the IRS or the PBGC or any Plan) with respect to the payment of taxes, assessments or governmental charges in all cases which are not yet due or (if foreclosure, distraint, sale or other similar proceedings shall not have been commenced or any such proceeding after being commenced is stayed) which are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained as may be required in accordance with Agreement Accounting Principles; (ii) statutory Liens of landlords and Liens of suppliers, mechanics, carriers, materialmen, warehousemen or workmen and other similar Liens imposed by law created in the ordinary course of business for amounts not yet due or which are being contested in good faith by appropriate proceedings properly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being maintained as may be required in accordance with Agreement Accounting Principles; (iii) Liens (other than Environmental Liens and Liens in favor of the IRS or the PBGC or any Plan) incurred or deposits made in the ordinary course of business in connection with workers' compensation, unemployment insurance or other types of social security benefits or to secure the performance of bids, tenders, sales, contracts (other than for the repayment of borrowed money), surety, appeal and performance bonds; provided that (A) all such Liens do not in -------- the aggregate materially detract from the value of the Borrower's or such Subsidiary's assets or property taken as a whole or materially impair the use thereof in the operation of the Borrower's or such Subsidiary's businesses taken as a whole, and (B) all Liens securing bonds to stay judgments or in connection with appeals do not secure at any time an aggregate amount exceeding $30,000,000; (iv) Liens arising with respect to zoning restrictions, easements, licenses, reservations, covenants, rights-of-way, utility easements, building restrictions and other si...
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Examples of Converted Loan Termination Date in a sentence

  • Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under Section 2.2.1 above and to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the Converted Loan Termination Date.

  • Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under clause (a) above ---------- and to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Revolving Loan Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the Converted Loan Termination Date.

  • Upon delivery of such Notice to Convert, (i) the Borrowers' option to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the earlier of (a) the Converted Loan Termination Date and (b) the date on which all Loans shall become due and payable under Article VI.

  • Notwithstanding the termination of this Agreement on the Commitment Termination Date or the Converted Loan Termination Date, as applicable, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied, all of the rights and remedies under this Agreement and the other Loan Documents shall survive.

  • Upon delivery of such ----------- Notice to Convert, (i) the Borrower's option to request extensions of the Syndicated Loan Termination Date under Section 2.2.1 above and to borrow and ------------- reborrow Syndicated Loans hereunder shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date.

  • Upon delivery of such Notice to Convert, (i) the Borrower's option to request extensions of the Revolving Loan Termination Date under SECTION 2.1.2 above and to borrow and reborrow Syndicated Loans and Bid Rate Loans shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Syndicated Loans hereunder shall be due and payable on the Converted Loan Termination Date.

  • Upon SIDLEY ▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇ LLP delivery of such Notice to Convert, (i) the Borrowers' option to borrow and reborrow Revolving Loans hereunder, shall terminate, (ii) the Aggregate Commitment shall be reduced to zero, and (iii) the outstanding principal balance of all Loans hereunder shall be due and payable on the earlier of (a) the Converted Loan Termination Date and (b) the date on which all Loans shall become due and payable under Article VI.

  • This Agreement shall be effective until the Commitment Termination Date or, if the Borrower has elected to convert the Advances hereunder to a term loan pursuant to Section 2.2(c), until the Converted Loan Termination Date.

  • Any outstanding Loans and all other unpaid Obligations shall be paid in full by the Borrower on the Commitment Termination Date or, if the Borrower has elected to convert the Advances hereunder to a term loan pursuant to Section 2.2(c), on the Converted Loan Termination Date.

  • On or after the Commitment Termination Date, the Borrower shall have the right and option to convert each outstanding Floating Rate Advance to a LIBOR Advance in accordance with Section 2.9. No Interest Period may end after the Converted Loan Termination Date.


More Definitions of Converted Loan Termination Date

Converted Loan Termination Date means the date from and after the Conversion Date that is the earlier of (a) December 31, 2006 and (b) the date on which all of the Obligations shall become due and payable pursuant to the terms hereof, including, without limitation, pursuant to Article VIII hereof.
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