Common use of Termination Date; Conversion Date Clause in Contracts

Termination Date; Conversion Date. As applicable, the Termination Date (as defined in the Line Note) of the Line of Credit has not been reached, the Conversion Date (as defined in the Equipment Note) of the Equipment Line of Credit has not been reached, the 2014 Equipment Conversion Date (as defined in the 2014 Equipment Note) has not been reached and the 2015 Equipment Conversion Date (as defined in the 2015 Equipment Note) has not been reached.”

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Arrhythmia Research Technology Inc /De/)

AutoNDA by SimpleDocs

Termination Date; Conversion Date. As applicable, the Termination Date (as defined in the Line Note) of the Line of Credit has not been reached, the Conversion Date (as defined in the Equipment Note) of the Equipment Line of Credit has not been reached, the 2014 Equipment Conversion Date (as defined in the 2014 Equipment Note) has not been reached and reached, the 2015 Equipment Conversion Date (as defined in the 2015 Equipment Note) has not been reached and the 2016 Equipment Conversion Date (as defined in the 2016 Equipment Note) has not been reached.” 

Appears in 1 contract

Samples: Loan and Security Agreement (Arrhythmia Research Technology Inc /De/)

AutoNDA by SimpleDocs

Termination Date; Conversion Date. As applicable, the Termination Date (as defined in the Line Note) of the Line of Credit has not been reached, the Conversion Date (as defined in the Equipment Note) of the Equipment Line of Credit has not been reached, reached and the 2014 Equipment Conversion Date (as defined in the 2014 Equipment Note) has not been reached and the 2015 Equipment Conversion Date (as defined in the 2015 Equipment Note) has not been reached.” Exhibit 10.58

Appears in 1 contract

Samples: Loan and Security Agreement (Arrhythmia Research Technology Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!