CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2 Sample Clauses

CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 18 AND 2.20. If the Loans of any Bank of a particular Type (Loans of such Type are hereinafter referred to as "AFFECTED LOANS" and such Type is hereinafter referred to as the "AFFECTED TYPE") are to be converted pursuant to Section 2.18 or 2.20 hereof, such Bank's Affected Loans shall be converted into Base Rate Loans, or LIBOR Loans of another Type, as the case may be (the "NEW TYPE LOANS"), on the last day(s) of the then current Interest Period(s) for the Affected Loans (or, in the case of a conversion required by subsection 2.18(b) or Section 2.20 hereof, on such earlier date as such Bank may specify to the Borrowers with a copy to the Agent) and, until such Bank gives notice as provided below that the circumstances specified in Section 2.18 or 2.20 hereof which gave rise to such conversion no longer exist: (a) to the extent that such Bank's Affected Loans have been so converted, all repayments of principal which would otherwise be applied to such Affected Loans shall be applied instead to its New Type Loans; (b) all Loans which would otherwise be made by such Bank as Loans of the Affected Type shall be made instead as New Type Loans and all Loans of such Bank which would otherwise be converted into Loans of the Affected Type shall be converted instead into (or shall remain as) New Type Loans.
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CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 13 and 2.17. If Eurodollar Loans are to be converted pursuant to Section 2.13 or 2.17, the Eurodollar Loans shall be automatically converted into Variable Rate Loans on the last day(s) of the then current Interest Period(s) for such Eurodollar Loans (or, in the case of a conversion required by Section 2.13(b) or 2.17, on such earlier date as the Bank may specify to the Debtors and, unless and until the Bank gives notice as provided below that the circumstances specified in Section 2.13 or 2.17 which gave rise to such conversion no longer exist: (a) to the extent that the Bank's Eurodollar Loans have been so converted, all payments and prepayments of principal which would otherwise be applied to the Bank's Eurodollar Loans shall be applied instead to its Variable Rate Loans; and (b) all Loans which would otherwise be made or renewed by the Bank as Eurodollar Loans shall be made instead as Variable Rate Loans and all Loans of the Bank which would otherwise be converted into Eurodollar Loans shall be converted instead into (or shall remain as) Variable Rate Loans. If the Bank gives notice to the Debtors that the circumstances specified in Section 2.13 or 2.17 which gave rise to the conversion of the Bank's Eurodollar Loans pursuant to this Section 2.18 no longer exist (which the Bank agrees to do promptly upon such circumstances ceasing to exist) at a time when Eurodollar Loans are still outstanding, the Bank's Variable Rate Loans which had been converted from Eurodollar Loans pursuant to this Section 2.18 shall be automatically re-converted to Eurodollar Loans, on the first day(s) of the next succeeding Interest Period(s) for such outstanding Eurodollar Loans.
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 18 AND 2.20. If the LIBOR Loans of the Bank are to be converted pursuant to Section 2.18 or 2.20 hereof, the LIBOR Loans shall be converted into Base Rate Loans on the last day(s) of the then current Interest Period(s) for the LIBOR Loans (or, in the case of a conversion required by subsection 2.18(b) or Section 2.20 hereof, on such earlier date as the Bank may specify to the Borrower) and, until the Bank gives notice as provided below that the circumstances specified in Section 2.18 or 2.20 hereof that gave rise to such conversion no longer exist: (a) to the extent that the Bank's LIBOR Loans have been so converted, all payments and repayments of principal that would otherwise be applied to such LIBOR Loans shall be applied instead to Base Rate Loans; and (b) all LIBOR Loans that would otherwise be made by the Bank shall be made instead as Base Rate Loans and all Loans of the Bank that would otherwise be converted into LIBOR Loans shall be converted instead into (or shall remain as) Base Rate Loans.
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 16 AND 2.17. If the Libor Term Loans are to be converted to Prime Rate Term Loans pursuant to Section 2.16 or 2.17 hereof, such Libor Term Loans shall be converted into Prime Rate Term Loans on the date as may be required by law or as the Agent may specify to the Borrower and, until the Agent gives notice as provided below that the circumstances specified in Section 2.16 or 2.17 hereof which gave rise to such conversion no longer exist: (a) to the extent that such Libor Term Loans have been so converted, all payments and prepayments of principal which would otherwise be applied to such Libor Term Loans shall be applied instead to Prime Rate Term Loans; and (b) all Loans which would otherwise be made as Libor Term Loans shall be made instead as Prime Rate Term Loans and all Prime Rate Term Loans which would otherwise be converted into Libor term Loans shall remain as Prime Rate Term Loans or be prepaid by the Borrower.
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 19 AND 2.21. If the Loans of any Bank of a particular Type (Loans of such Type are hereinafter referred to as "AFFECTED LOANS" and such Type is hereinafter referred to as the "AFFECTED TYPE") are to be converted pursuant to Section 2.19 or 2.21 hereof, such Bank's Affected Loans shall be converted into Prime Rate Loans, or LIBOR Loans of another Type, as the case may be (the "NEW TYPE LOANS"), on the last day(s) of the then current Interest Period(s) for the Affected Loans (or, in the case of a conversion required by subsection 2.19(b) or Section 2.21 hereof, on such earlier date as such Bank may specify to the Borrower with a copy to the Agent) and, until such Bank gives notice as provided below that the circumstances specified in Section 2.19 or 2.21 hereof which gave rise to such conversion no longer exist:
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 18 and 2.20. (a) to the extent that such Bank’s Affected Loans have been so converted, all repayments of principal which would otherwise be applied to such Affected Loans shall be applied instead to its New Type Loans; (b) all Loans which would otherwise be made by such Bank as Loans of the Affected Type shall be made instead as New Type Loans and all Loans of such Bank which would otherwise be converted into Loans of the Affected Type shall be converted instead into (or shall remain as) New Type Loans.
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 20 AND 2.22. If the Loans of any Lender of a particular type (Loans of such type are hereinafter referred to as "AFFECTED LOANS" and such type is hereinafter referred to as the "AFFECTED TYPE") are to be converted pursuant to SECTION 2.20 or 2.22, such Lender's Affected Loans shall be converted into Base Rate Loans (the "NEW TYPE LOANS") on the last day(s) of the then current Interest Period(s) for the Affected Loans (or, in the case of a conversion required by Subsection 2.20(c) or Section 2.22 on such earlier date as such Lender may specify to the Borrower with a copy to the Agent) and, until such Lender gives notice as
Sample 1
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CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 22 and 2.24 (a) to the extent that such Bank’s Affected Loans have been so converted, all payments and prepayments of principal that would otherwise be applied to such Affected Loans shall be applied instead to its New Type Loans; (b) all Loans that would otherwise be made by such Bank as Loans of the Affected Type shall be made instead as New Type Loans and all Loans of such Bank that would otherwise be converted into Loans of the Affected Type shall be converted instead into (or shall remain as) New Type Loans; and (c) if Loans of any of the Banks other than such Bank that are the same type as the Affected Type are subsequently converted into Loans of another type (which type is other than New Type Loans), then such Bank’s New Type Loans shall be automatically converted on the conversion date into Loans of such other type to the extent necessary so that, after giving effect thereto, all Loans held by such Bank and the Banks whose Loans are so converted are held pro rata (as to principal amounts, types and, to the extent applicable, Interest Periods) in accordance with their respective Commitments.
Sample 1
CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2. 17 and 2.
Sample 1

Related to CERTAIN CONVERSIONS PURSUANT TO SECTIONS 2

  • Pursuant to Section 2 1.(b) of the Credit Agreement, the Borrower hereby requests that the Lenders make Revolving Loans to the Borrower in an aggregate principal amount equal to $ .

  • Pursuant to Section 5 10 of the Credit Agreement, each Subsidiary Loan Party of the Borrower that was not in existence or not such a Subsidiary Loan Party on the date of the Credit Agreement is required to enter into the Guarantee Agreement as Guarantor upon becoming such a Subsidiary Loan Party. Upon the execution and delivery, after the date hereof, by the Administrative Agent and such Subsidiary of an instrument in the form of Annex I hereto, such Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor hereunder. The execution and delivery of any instrument adding an additional Guarantor as a party to this Agreement shall not require the consent of any Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement.

  • Pursuant to Section 4 01, any amounts collected by a Servicer or the Master Servicer under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the related Servicing Agreement) shall be deposited into the Distribution Account, subject to withdrawal pursuant to Section 4.03. Any cost incurred by the Master Servicer or the related Servicer in maintaining any such insurance (if the Mortgagor defaults in its obligation to do so) shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Sections 4.01 and 4.03.

  • Pursuant to Section 3 03 of the Indenture Supplement, on each Distribution Date, the Indenture Trustee shall deposit into the Class A(2016-2) Interest Funding sub-Account the portion of Card Series Finance Charge Amounts allocable to the Class A(2016-2) Notes.

  • Pursuant to Section 6 2(a) of the Collateral Agency Agreement and subject to the conditions set forth in Section 13.1(b), the Initial Beneficiary hereby designates a portion of the Closed-End Units included in the Revolving Pool for allocation to a new Reference Pool, referred to as the "20[ ]-[ ] Reference Pool," within the Closed-End Collateral Specified Interest. Upon the effectiveness of this Exchange Note Supplement, the Initial Beneficiary shall direct the Titling Trustee and the Closed-End Collateral Agent to allocate or cause to be identified and allocated on their respective books and records the "20[ ]-[ ] Reference Pool," to be separately accounted for and held in trust independently from any other Asset Pool. Such Reference Pool shall initially include the Closed-End Units identified on Schedule 1 to this Exchange Note Supplement, which Closed-End Units shall belong exclusively to the 20[ ]-[ ] Reference Pool, and all other Titling Trust Assets to the extent related to such Closed-End Units (other than cash which does not constitute Closed-End Collections received after the Cut-Off Date, as specified in Section 13.2(a)(iii)); provided, that, any Closed-End Collections received on or prior to the Cut-Off Date for any such Closed-End Units identified on Schedule 1 shall not be allocated to the 20[ ]-[ ] Reference Pool.

  • Pursuant to Section 2.1 of this Agreement, the Seller conveyed to the Trust all of the Seller’s right, title and interest in its rights and benefits, but none of its obligations or burdens, under the Purchase Agreement including the Seller’s rights under the Purchase Agreement and the delivery requirements, representations and warranties and the cure or repurchase obligations of AmeriCredit thereunder. The Seller hereby represents and warrants to the Trust that such assignment is valid, enforceable and effective to permit the Trust to enforce such obligations of AmeriCredit under the Purchase Agreement. Any purchase by AmeriCredit pursuant to the Purchase Agreement shall be deemed a purchase by the Seller pursuant to this Section 3.2 and the definition of Purchased Receivable.

  • Pursuant to Section 2271 002 of the Texas Government Code, Respondent certifies that either (i) it meets an exemption criteria under Section 2271.002; or (ii) it does not boycott Israel and will not boycott Israel during the term of the contract resulting from this Solicitation. If Respondent refuses to make that certification, Respondent shall state here any facts that make it exempt from the boycott certification:

  • Amendment to Section 6 1. Section 6.1 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Modification to Article III, Section 2 of the DPA Article III, Section 2 of the DPA (Annual Notification of Rights.) is amended as follows:

  • Amendment to Section 4 07. Section 4.07 of the Indenture is hereby amended and restated in its entirety to read as follows:

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