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.
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.
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).

Examples of Converting in a sentence

  • Converting charges made in a foreign currency If you make a charge in a foreign currency, AE Exposure Management Ltd.

  • Converting Cost to PointsThe lowest cost proposal will receive the maximum number of points allocated to cost.

  • Converting Cost to Points The lowest cost proposal will receive the maximum number of points allocated to cost.

  • 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 Company shall pay the Buy-In Adjustment Amount to the Company in immediately available funds immediately upon demand by the Converting Holder.


More Definitions of Converting

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. Continuing” and “Continuation” have meanings correlative thereto.
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 and “Converted” each refers to the conversion of a Loan of one Type into a Loan of another Type pursuant to Section 2.09.
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 or any derivation in whole or in part thereof, individually or in combination.
Converting. AAUs means that the host country that issues ERUs must reduce its own AAUs by a corresponding amount. For example, assume that Country A (a JI project host country) has been assigned 100 AAUs. If Country A issues 10 ERUs to JI project participants, it must then reduce its number of AAUs to 90. Conversion ensures that the JI mechanism does not increase the overall amount of credits in the system.