Converting definition

Converting and “Converted” shall refer to a conversion pursuant to Section 3.2 or Sections 3.7 through 3.12, inclusive, of a Base Rate Loan into a Eurodollar Loan.

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Converting each refers to a conversion of Revolving Advances of one Type into Revolving Advances of the other Type pursuant to Section 2.08, Section 2.09 or Section 2.12.

Converting a well means changing the use of an existing well or hole not pre- viously used to withdraw water such that the well or hole can be used to seek or withdraw water.

Examples of Converting in a sentence

The undersigned Term Lender hereby irrevocably and unconditionally (i) approves the Amendment and the certain amendments set forth therein and (ii) consents to convert 100% of the outstanding principal amount of the Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Third Amendment and Restatement Joint Lead Arrangers and Bookrunners) into a New Term Loan in a like principal amount and to consent to the Amendment as a Converting New Term Lender.
The undersigned Term A Lender hereby irrevocably and unconditionally (i) approves the Agreement and the certain amendments set forth therein and (ii) consents to convert 100% of the outstanding principal amount of the Existing Term A Loans held by such Lender (or such lesser amount allocated to such Lender by the Joint Lead Arrangers and Bookrunners) into an Amended Term A Loan in a like principal amount and to consent to the Agreement as a Converting Term A Lender.
Upon issuance of Series A Conversion Units to the Series A Converting Unitholder, all rights under the converted Series A Preferred Units shall cease, and such Series A Converting Unitholder shall be treated for all purposes as the Record Holder of such Series A Conversion Units.
Converting transactions made in a foreign currency If we receive a transaction or refund for processing in a foreign currency, our currency conversion affiliate, AE Exposure Management Limited (“AEEML”) will convert it into Pounds Sterling on the date it's processed (which may be different to the date of the transaction or refund).
Converting transactions made in a foreign currency If we receive a transaction or refund for processing in a foreign currency, we'll convert it into Pounds Sterling on the date it's processed (which may be different to the date of the transaction or refund).

More Definitions of Converting

Converting a well means changing the use of an existing well or hole not previously used to either withdraw or monitor water such that the well or hole can be used to either withdraw or monitor water.

Converting each refers to a conversion of Loans of one Type into Loans of the other Type pursuant to Section 2.06, Section 2.07 or Section 2.10.

Converting. “Conversion,” “Converted” and “Conversion” each refers to a conversion of Advances of one Type into Advances of another Type pursuant to Section 2.03(b).

Converting. “Continuing” and “Continuation” have meanings correlative thereto.

Converting and “Converted” each refers to a conversion of Advances of one Type into Advances of another Type or a continuation of Advances as the same Type for an additional Interest Period, in each case pursuant to Section 2.03.

Converting. “Conversion” and “Converted” each shall refer to a conversion of Revolving Credit Loans of one Type into Revolving Credit Loans of the other Type (or a combination of Types) or Revolving Credit Loans of the same Type having the same or a new Interest Period or the selection of a new, or the renewal of the same, Interest Period for Term Benchmark Loans, pursuant to Sections 2.03, 2.07 or 2.11(a)(ii).

Converting and “Converted” shall refer to a conversion pursuant to Section 3.2 or Sections 3.7 through 3.12, inclusive, of a Base Rate Loan into a SOFR Loan.