Request for Conversion definition

Request for Conversion shall have the meaning as set forth in the introductory clause of Article 46, Paragraph 2 hereof.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Request for Conversion means a written request duly completed and signed by a Responsible Officer of Borrower, substantially in the form of Exhibit F, or a telephonic request followed by such a written request, in each case delivered to the Administrative Agent by Requisite Notice.

Request for Conversion means a written request substantially in the form of Exhibit B.

Examples of Request for Conversion in a sentence

• Upon receipt of any such Request for Conversion of or to a Eurodollar Committed Loan, Agent shall promptly notify each Bank thereof.

• Any such Request for Conversion of or to a Eurodollar Committed Loan with respect to a conversion to Eurodollar Committed Loans shall be irrevocable and shall specify the length of the initial Interest Period or Interest Periods therefor.

• In making a Request for Conversion, the Beneficiaries shall pay Conversion Fee and an amount equivalent to Consumption Taxes concerning the Conversion and the Conversion Fee to the Trustee through the Large-lot Conversion Designated Sales Company.

• If the Beneficiary has made any Request for Conversion, such Request for Conversion may not be withdrawn, cancelled, or suspended except in the case specified in Paragraph 3 of this Article.

• Beneficiaries who are Non-residents may not make any Request for Conversion.

• In accepting the Request for Conversion under Paragraph 1, the Trustee shall request such Beneficiary to pay, through the Large-lot Conversion Designated Sales Company, the Conversion Fee in an amount of up to the amount prescribed in Exhibit and an amount equivalent to Consumption Taxes concerning the Conversion and the Conversion Fee.

• If the Trustee ceases acceptance of Request for Conversion, the Beneficiaries may cancel their Request for Conversion which were made before the cessation of acceptance of Request for Conversion out of those made on the same day of the cessation.

• If the Beneficiaries do not cancel such Request for Conversion, such Request for Conversion shall be deemed to be accepted on the first Business Day on which such cessation of acceptance of Request for Conversion is terminated.

• The Beneficiaries may make a Request for Conversion only in accordance with the provisions of this Article, Article 47 hereof.

• If the Trustee cannot confirm payment of such Conversion Fee and amount equivalent to Consumption Taxes, the Trustee may suspend or cease the Conversion Procedures concerning such Request for Conversion.

More Definitions of Request for Conversion

Request for Conversion means a Request for Conversion in the form of the attached Exhibit F.

Request for Conversion means a Request for Conversion in the form of the attached EXHIBIT F.

Request for Conversion of or to a Eurodollar Committed Loan" means a request for the conversion of or to a Eurodollar Committed Loan in the form of Exhibit B-3.