Revolver Conversion Date definition

Revolver Conversion Date contained in Section 2.1 of the Credit Agreement shall be amended to read in full as follows:
Sample 1
Revolver Conversion Date means June 29, 2004.
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Revolver Conversion Date means June 29, 2002.
Sample 1

Examples of Revolver Conversion Date in a sentence

  • On the Acquisition Revolver Conversion Date, the Revolving Commitments shall be reduced by an amount equal to the greater of (i) the aggregate principal amount of all outstanding Acquisition Term Loans on such date immediately after giving effect to the conversion of Acquisition Revolving Loans into Acquisition Term Loans on such date and (ii) $50,000,000.

  • The Total Commitment shall reduce (and the Commitments of each Bank shall reduce ratably) on the Revolver Conversion Date to an amount equal to the principal balance of the Loan outstanding on the Revolver Conversion Date.

  • Any partial prepayment shall be in a minimum amount of $500,000 and shall be in an integral multiple of $100,000 and (i) to the extent made after the Revolver Conversion Date (a) may not be reborrowed hereunder, and (b) shall be applied to the mandatory prepayments required by Section 3.6(a) in the inverse order of maturity, and (ii) to the extent made with respect to any Eurodollar Tranche, may be made only on the last day of the Interest Period applicable thereto.

  • Price, Chief, Environmental Processes and Engineering Division, EL, and under the general supervision of Dr. John M.

  • The rich data and insights generated by the CPMM program will allow detailed analysis of corridor efficiency and help CAREC decision makers and private sector participants identify priority measures to address constraints and barriers to trade.

  • Interest on the Base Rate Loan shall be payable as it accrues on the last day of each Fiscal Quarter, on the Revolver Conversion Date, and on the Termination Date.

  • Borrower may from time to time and at any time prior to the Revolver Conversion Date, upon two (2) Domestic Business Days' prior written notice to Administrative Agent and each Bank, decrease the Borrowing Base, by designating a Borrowing Base which is lower than the Borrowing Base then in effect.

  • Borrower will not permit its ratio, determined on a consolidated basis, at any time of (i) current assets to (ii) current liabilities to be less than 1.0 to 1.0. For purposes hereof, current assets shall include, until the Revolver Conversion Date, an amount equal to the Availability.

  • The Borrower may from time to time request a Loan under Section 2.1.1 on or after the Initial Closing Date and prior to the Revolver Conversion Date by providing to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing).

  • The amounts of the Revolving Loan prepaid pursuant to Sections 4.2 and 4.4 may be reborrowed from time to time prior to the Revolver Conversion Date in accordance with Section 2.1. The amounts of the Term Loan prepaid pursuant to Sections 4.3 or 4.4 may not be reborrowed.


More Definitions of Revolver Conversion Date

Revolver Conversion Date means September 30, 2000.
Sample 1
Revolver Conversion Date means August 5, 2001, but only so long as the Final Maturity Date has been extended beyond such date pursuant to Section 1.15; and if the Final Maturity Date is not so extended, the Revolver Conversion Date shall not occur.
Sample 1
Revolver Conversion Date means December 31, 1999."
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Revolver Conversion Date means October 4, 1999.
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Revolver Conversion Date means May 31, 1999.
Sample 1

Related to Revolver Conversion Date

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(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.

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

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

  • 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.

  • 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.

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

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

  • 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.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the five (5) 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 five (5) 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 such delivery is after the Interest Payment Date.

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

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

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • 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.

  • 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.

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

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

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

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

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

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

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where: