Interest Conversion Date definition

Interest Conversion Date means, as to the Pledged Mortgages, the date on which the first Adjustment Date occurs.]
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Interest Conversion Date means an Interest Payment Date selected by the Borrower as such in accordance with Section 3.04(c)(ii).
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Interest Conversion Date means the date indicated in an Interest Conversion Request, being a Quarter Day falling not less than four years or, in the case of a Tranche repayable in one instalment, not less than three years before the Maturity Date.
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Examples of Interest Conversion Date in a sentence

  • Any amendment to the Contract requested by the Bank in connection with the conversion shall be effected by an agreement between the Bank and the Borrower to be concluded not later than 15 days prior to the Interest Conversion Date.

  • From the Interest Conversion Date, the provisions relating to Fixed-Rate Tranches or, as the case may be, to Revisable-Rate Tranches shall apply to the whole or, as the case may be, the converted part of the Tranche, and the previously applicable provisions shall apply to the balance.

  • To the extent that the Borrower duly accepts a Conversion Proposal, the Borrower shall pay accrued interest on the Interest Conversion Date and thereafter on the designated Payment Dates.

  • Prior to the Interest Conversion Date, the provisions of the Contract relating to VSFR Tranches shall apply to the entire Tranche.

  • To the extent that the Borrower duly accepts a Conversion Proposal, the Borrower shall pay accrued interest on the Interest Conversion Date and on subsequent designated Payment Dates.

  • Prior to the Interest Conversion Date, the provisions of the Contract relating to FSFR Tranches shall apply.

  • From the Interest Conversion Date, the provisions relating to Fixed-Rate Tranches, VSFR Tranches or, as the case may be, to Revisable-Rate Tranches shall apply to the Tranche and, in particular, to any prepayment that occurs after the Borrower has duly accepted a Conversion Proposal.

  • If the Borrower requests the Conversion Proposal for less than the whole Tranche or if the parties fail to effect an amendment requested by the Bank pursuant to Paragraph B, the Borrower shall repay the balance of the Tranche on the Interest Conversion Date.

  • The discount rate shall be the Fixed Rate applicable one month prior to the date of prepayment and having the same terms for the payment of interest and the same term to Maturity Date, or Interest Conversion Date, if any, in case of an FSFR Tranche, as the amount to be prepaid.

  • Prior to the Interest Conversion Date, the provisions of the Contract relating to FSFR Tranches shall apply to the entire Tranche.


More Definitions of Interest Conversion Date

Interest Conversion Date means the date specified by the Borrower under Article 1.02B (vii) on condition that at least € 10 million remains outstanding at that date, being a date falling not less than four years from the Scheduled Disbursement date and not less than four years before the last allowed Payment Date stated in Article 4.01 A.
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Interest Conversion Date. The date when the Loan has been fully disbursed or the cut off date as mentioned in Article 3 (4), whichever occurs first.
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Interest Conversion Date means an Interest Payment Date selected by the Borrower
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Related to Interest Conversion Date

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

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

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • 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.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Initial Conversion Price has the meaning specified in Section 13.01.