Rollover definition
Examples of Rollover in a sentence
The Rollover Notice shall also specify the length of the Interest Period selected by the Borrowers of such Fund Group with respect to such Rollover.
If the Borrowers of such Fund Group fail to timely give the Administrative Agent the Rollover Notice with respect to any SOFR Loan, the Borrowers of such Fund Group shall be deemed to have elected the Reference Rate as the Interest Option with respect to such Loan.
The closing of the Blocker Sale (the “Blocker Sale Closing”) shall take place on the Closing Date immediately following the Parent Contribution and Exchange Closing and immediately prior to the consummation of the Buyer Rollover.
The closing of the Internal Contribution and Exchange (the “Internal Contribution and Exchange Closing”) shall take place on the Closing Date immediately following the Buyer Rollover Closing and immediately prior to consummation of the Company Sale.
Each Rollover Notice shall be irrevocable and effective upon notification thereof to the Administrative Agent.