Term Loan Conversion Date definition

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.
Term Loan Conversion Date has the meaning specified in Section 2.17(b).
Term Loan Conversion Date means the Termination Date on which all Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

Examples of Term Loan Conversion Date in a sentence

  • The City shall repay the principal amount of each Term Loan in installments as to principal, commencing on the first Quarterly Payment Date following the Term Loan Conversion Date, and on each Quarterly Payment Date thereafter, with the final installment in an amount equal to the then outstanding principal amount due and payable on the earlier to occur of (i) the date which is the fifth anniversary of the date the related Liquidity Drawing was made and (ii) the Maturity Date.


More Definitions of Term Loan Conversion Date

Term Loan Conversion Date means the date on which the Borrower requests the extension of the then scheduled Termination Date to the Final Maturity Date pursuant to Section 2.16(b).
Term Loan Conversion Date means the Termination Date, if on such date all Advances outstanding on such date are converted into a term loan pursuant to Section 2.07(a).
Term Loan Conversion Date means, in the event that the Term Loan Conversion Option is exercised, the Scheduled Termination Date.
Term Loan Conversion Date means the date the Term Loan converts from a multiple advance loan to a “mini-perm” term loan which is the date that all of the conditions precedent in Section 4.03 below have been satisfied; provided, that, the Term Loan Conversion Date may not occur after December 31, 2015.
Term Loan Conversion Date means, (a) with respect to the Initial Investment Pool, June 30, 2015, (b) with respect to the July Investment Pool, July 31, 2015, (c) with respect to the August Investment Pool, August 31, 2015, and (d) with respect to any other Investment Pool, the earlier to occur of (i) the Credit Date of the last Revolving Loan, the proceeds of which were used to purchase Eligible Receivables originated during the related Origination Period from the Originator pursuant to the Master Purchase Agreement, and (ii) the Revolving Commitment Termination Date.
Term Loan Conversion Date is defined in Section 4.1.
Term Loan Conversion Date means the date set forth in the Notice of ------------------------- Term Loan Conversion; provided however, that the Term Loan Conversion Date shall not be a date that occurs later than the Revolving Termination Date.