Examples of Conversion Guidelines in a sentence
Each such request shall be furnished by the Borrower to the Bank in accordance with the Conversion Guidelines and, upon acceptance by the Bank, the conversion requested shall be considered a Conversion for the purposes of these General Conditions.
Except as otherwise provided in the Conversion Guidelines, the Borrower shall pay a transaction fee for each Conversion, in such amount or at such rate as announced by the Bank from time to time and in effect on the Execution Date.
The Borrower shall pay all Loan Payments in the Loan Currency; and if a Conversion has been effected in respect of any amount of the Loan, as further specified in the Conversion Guidelines.
Upon the establishment of an Interest Rate Cap or an Interest Rate Collar, the Borrower shall pay to the Bank a premium on the amount of the Withdrawn Loan Balance to which the Conversion applies, calculated: (i) on the basis of the premium, if any, payable by the Bank for an interest rate cap or collar purchased by the Bank from a Counterparty for the purpose of establishing the Interest Rate Cap or Interest Rate Collar; or (ii) otherwise as specified in the Conversion Guidelines.
Upon acceptance by the Bank of a request for a Conversion, the Bank shall take all actions necessary to effect the Conversion in accordance with these General Conditions, the Loan Agreement and the Conversion Guidelines.
Be sure to follow the application instructions described in the Condominium Conversion Guidelines and use the Condominium Conversion Application Checklist to ensure the appropriate forms, number of copies, and submittal order is correct.
Should repayment of principal and/or payment of interest required under the Loan Agreement and the Conversion Guidelines after the Conversion be delayed by ninety (90) calendar days, the Conversion Period shall be terminated on that date.
JICA will only accept the Request made substantially in the form specified in Annex to the Conversion Guidelines.
The Conversion Guidelines shall apply to all Conversions requested by the Borrower in accordance with the Loan Agreement in which the relevant clause(s) regarding the Conversion is stipulated.
Non-complying requests: If JICA determines that the Request does not comply with the requirements specified in the Loan Agreement and the Conversion Guidelines, it will notify the Borrower in writing of its reasons for not accepting the Request.