Loan Conversion Date definition

Loan Conversion Date is defined in Section 2.1.

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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.

• The Company may, upon notice to the Agent not later than the Termination Date, elect (the “Term Loan Election”) to convert all of the Advances outstanding on the Termination Date in effect at such time into a term loan which the Company shall repay in full ratably to the Lenders on the Maturity Date; provided that the Term Loan Election may not be exercised unless the conditions set forth in Section 3.03 are satisfied on the date of notice of the Term Loan Election and on the Term Loan Conversion Date.

• The Company may, upon notice to the Administrative Agent not earlier than twenty Business Days and not later than ten Business Days, prior to the Termination Date, elect (the “Term Loan Election”) to convert all of the Loans outstanding on the Termination Date into term loans; provided, that no such Loans shall be converted pursuant to the Term Loan Election unless the conditions set forth in Section 3.04 are satisfied on the Term Loan Conversion Date.

More Definitions of Loan Conversion Date

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

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

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 set forth in the "DEFINITIONS" section of the Original Loan Agreement, as amended by the Fourth Amendment, is hereby deleted in its entirety and the following substituted therefor: "LOAN CONVERSION DATE. November 30, 1997, or earlier as provided in Paragraph D of Article I hereof. The Loan Conversion Date is nevertheless subject to extension as provided in Paragraph 5 hereof.

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 means the date of the Loan Conversion.