Systems Conversion Date definition

Systems Conversion Date has the meaning set forth in Section 7.4 hereof.
Systems Conversion Date. The date, which shall be the last day of a Collection Period, specified as such in a prior written notice from the Servicer to the Issuing Entity, the Depositor, the Sponsor and each Rating Agency.
Systems Conversion Date means the date on which Seller's operational systems relating to the Branches are converted to Buyer's operational systems, which date shall be either (i) the date immediately following the Closing Date if the Buyer obtains written regulatory approval for consummation of the transactions contemplated by this Agreement on or prior to August 6, 1999 or (ii) the date mutually agreed to by Seller and Buyer after January 1, 2000 but no later than April 30, 2000 if the Buyer obtains written regulatory approval for consummation of the transactions contemplated by this Agreement after August 6, 1999. In the event that the Systems Conversion Date is not on the date immediately following the Closing Date, then Seller and Buyer shall enter into a mutually satisfactory services agreement, pursuant to which Seller shall perform certain banking services on behalf of Buyer until the Systems Conversion Date.

Examples of Systems Conversion Date in a sentence

  • Co-brand Authorization Process Policy Overview (after Systems Conversion Date) [redacted] will be used to manage real-time transactions.

  • AMEX622TC0614 SCHEDULE 4.7(a)(iii) Changes in Core Account Terms Upon Systems Conversion Date Grace Period and Late Fee Assessment The timeframe between the close of each billing cycle and the due date, at which time a late fee is assessed if required payment has not been made.

  • Account Management/Authorizations (after the Systems Conversion Date) [redacted] will be used to manage real-time transactions.

  • Seller will file all required information returns with the Internal Revenue Service and any information returns required by state or local tax authorities with respect to interest paid on the Deposits on or before the Systems Conversion Date, interest received on the Cash Reserve Loans on or before the Systems Conversion Date, and any other information returns required with respect to the Assets and the Liabilities for periods ending on or before the Systems Conversion Date.

  • In the event that a change in Applicable Law first announced after the Effective Date and prior to the Systems Conversion Date requires a modification or change to the Macy’s Systems to be made prior to the Systems Conversion Date, and Bank and Macy’s cannot otherwise agree on a mutually acceptable workaround, Macy’s shall make such modification or change to the Macy’s Systems to the extent necessary to cause the Macy’s Systems to operate in accordance with Applicable Law.

  • Target Average Line per New Amex Account [redacted] – (for use prior to the Systems Conversion Date) • Target Average Line per New Amex Account [redacted] (provided the new account distribution is achieved in the “Credit Line Target Table” below, for use after the Systems Conversion Date).

  • After the Systems Conversion Date, monitoring activities will continue and these VIP Accounts will be managed in accordance with the post-Conversion risk strategies used for all Accounts.

  • If Key Employee has continued in the employment of Bank from the Effective Date and until the earlier of i) 365 days after the Closing (as defined in the Merger Agreement) or ii) 30 days after Successful Systems Conversion Date (as defined herein) (the earlier of which is the "Bonus Date"), then Bank shall pay the Key Employee fifty percent (50%) of Key Employee's current annual salary less usual and customary payroll deductions not later than ten (10) business days following the Bonus Date.

  • Account Management/Line Management (prior to Systems Conversion Date) Proprietary Credit Limit Management Proprietary lines are managed via [redacted]; at POS, at billing and when a manual customer request is received.

  • Key Milestones: · Subject to satisfaction of the Launch Requirements (as hereinafter defined), the Effective Date will occur as described in the definition of Effective Date, and the Systems Conversion Date will occur on (****).

Related to Systems Conversion Date

  • 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.

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

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

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

  • 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.

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

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

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

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

  • Optional Conversion has the meaning set forth in Section 6(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.

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

  • 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.

  • 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.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

  • 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.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(e).

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

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

  • 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.

  • Initial Conversion Price has the meaning specified in Section 13.01.

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

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