Loan Conversion Date definition

Loan Conversion Date is defined in Section 2.1.

Loan Conversion Date means the date specified as such by the Servicer in the Notice of Loan Conversion, which date shall be at least fifteen (15) days following the date on which the Notice of Loan Conversion is delivered and shall be any Business Day of a month.

Loan Conversion Date shall have the meaning assigned to such term in Section 2.10.

Examples of Loan Conversion Date in a sentence

• The Parent Borrower shall have the right, on one occasion during the Availability Period, to convert all, or a portion of, the outstanding Revolving Loans of the Parent Borrower and/or ACUS to term loans (the “Term Loans”) in Dollars; provided that any Revolving Loans denominated in Euro or Sterling shall be (if the Parent Borrower requests to convert them into Term Loans) converted to an amount in Dollars at the Spot Rate determined on the Business Day prior to the Term Loan Conversion Date.

• All commitment fees in respect of the portion of the Tranche B Commitment reduced pursuant to Section 2.05(b) and accrued until the Term Loan Conversion Date shall be paid on the Term Loan Conversion Date.

• Amounts repaid or prepaid on or after the Loan Conversion Date may not be reborrowed.

• Each request for a Borrowing under this Agreement and the Term Loan Election in accordance with Section 6.2(c) constitutes a reaffirmation of these representations and warranties (other than the representations and warranties listed as “Material Adverse Effect”, “Litigation” and “Environmental Matters” on Exhibit B) as of the date of such Borrowing, such Term Loan Election and the Term Loan Conversion Date.

• The Facility Fees will commence to accrue on the date of execution of this Agreement and will be payable in arrears on (i) the Effective Date, (ii) on the third day of each January, April, July and October and (iii) on the Revolver Termination Date or the Term Loan Conversion Date, as the case may be.

More Definitions of Loan Conversion Date

Loan Conversion Date as defined in Section 2.4(a).

Loan Conversion Date shall have the meaning set forth in the Wynn Credit Agreement.

Loan Conversion Date means the first day of the first month following the Required Completion Date which date shall not be later than March 1, 2008.

Loan Conversion Date means the earlier of (i) the date Lender acknowledges that Substantial Completion of the Project has occurred, and (ii) the Required Completion Date.

Loan Conversion Date means the date on which the Bond Mortgage Loan (as defined in the Series Indenture) converts from the construction phase to the permanent phase.

Loan Conversion Date. As defined in Paragraph 2G.

Loan Conversion Date. The earliest to occur of (v) the date elected as such Loan Conversion Date by the Originator with at least thirty (30) days prior written notice to the Administrative Agent; provided that if such termination occurs within eighteen (18) months of the Closing Date, such termination may only occur with the consent of the Noteholders, (w) the Scheduled Termination Date, (x) the date on which a Rapid Amortization Event first occurs, (y) December 1, 2010, unless the Originator’s revolving credit commitments under the Credit Agreement are extended or replaced by such date with a substantially similar revolving credit commitment with equal or greater liquidity availability and expiring no earlier than October 1, 2012, (z) the Purchase Termination Date, (aa) the Liquidity Termination Date with respect to all Committed Purchasers then party to the Note Purchase Agreement and (bb) the date on which an ALS Change of Control first occurs, unless the Noteholders that hold an aggregate pro rata share of equal to or greater than two-thirds of the aggregate principal balance of the Outstanding Notes have provided their prior written consent to such ALS Change of Control to the Administrative Agent and the Issuer. Notwithstanding the foregoing, in the event that pursuant to Section 2.8 of the Note Purchase Agreement, one or more of the Committed Purchasers does not consent to the extension of the Liquidity Termination Date beyond June 25, 2010, the requirement that the Originator obtain the consent of the Noteholders pursuant to clause (v) above shall no longer apply.”