Scheduled Conversion Date definition
Examples of Scheduled Conversion Date in a sentence
Provided that upon the Scheduled Conversion Date (a) all of the conditions to Conversion Closing set forth in this Agreement have been satisfied or waived by the Party in whose favor the condition runs and (b) this Agreement has not been terminated by any Party in accordance with the provisions set forth herein, the transactions contemplated hereby shall be consummated (the “Conversion Closing”), with the date that Conversion Closing actually occurs being the “Conversion Date”.
The Construction Period shall expire on the day before the "Scheduled Conversion Date" (as hereinafter defined), subject to extension upon certain conditions being satisfied in the event offeree majeure as provided in Section 5.5.3 of the Loan Agreement.
In the event any of the foregoing conditions are not complied with in accordance with the foregoing schedule, the Scheduled Conversion Date shall be automatically extended by the number of days necessary to allow CalSTRS the time periods set forth above for the execution and delivery of documents and the transfer of funds.
At least ten (10) Business Days prior to the Closing Date, a Construction Schedule for the Project, the Interconnection Upgrades and the Gas Interconnection Facilities through to the Scheduled Conversion Date, based on assumptions reasonably acceptable to the Administrative Agent and the Independent Engineer, demonstrating compliance with the requirements of the Financing Documents.
If the Scheduled Conversion Date is not renewed by the sixtieth (60th) day prior to such date, then the weighted average tenor for such Interest Rate Hedge Agreements must be extended to the Final Maturity Date.
Notwithstanding the foregoing, if the conditions to conversion set forth in the Loan Agreement are not satisfied prior to the 1st day of June, 2001 (the "Scheduled Conversion Date"), the Construction Period shall not convert to the Mini-Perm Period and the outstanding principal balance of this Note, together with all accrued and unpaid interest thereon and all other amounts payable under the Loan Documents, shall immediately be due and payable by Borrower to Bank upon expiration of the Construction Period.
Subject to satisfaction of the vesting requirements and the other terms of the Award, upon the Scheduled Conversion Date, in accordance with the terms and provisions of the Plan and this Agreement, the vested restricted stock units will be converted into the Target Award Number of shares of Common Stock (the “Shares”).
Notwithstanding the foregoing, if the conditions to conversion set forth in the Loan Agreement are not satisfied prior to the 1st day of July, 2002 (the "Scheduled Conversion Date"), the Construction Period shall not convert to the Mini-Perm Period and the outstanding principal balance of this Note, together with all accrued and unpaid interest thereon and all other amounts payable under the Loan Documents, shall immediately be due and payable by Borrower to Bank upon expiration of the Construction Period.
On November 15, 2021, the Commitments of Withdrawing Noteholders that are party to the Agreement will be extended to the Scheduled Conversion Date.
Such Interest Rate Hedge Agreements 119711828\V-7 related to Long-Term Leases and Finance Leases, collectively, must have a weighted average tenor that does not terminate prior to the Scheduled Conversion Date and shall amortize in accordance with the requirements set forth in Exhibit F.