Continuation/Conversion Date definition

Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.
Continuation/Conversion Date means the effective date of (a) any conversion of LIBOR Rate Revolving Loans to Base Rate Revolving Loans or of Base Rate Revolving Loans to LIBOR Rate Revolving Loans or (b) any continuation of LIBOR Rate Revolving Loans as LIBOR Rate Revolving Loans.
Continuation/Conversion Date means the date on which a Term Loan is converted into or continued as a SOFR Rate Loan.

Examples of Continuation/Conversion Date in a sentence

  • Current Pricing Level (after giving effect to Continuation/Conversion on Continuation/Conversion Date) (I, II, III or IV): 5.


More Definitions of Continuation/Conversion Date

Continuation/Conversion Date means the date on which a Loan is converted into or continued as a Term Benchmark Loan.
Continuation/Conversion Date means the date on which a Loan is converted into or continued as a Eurodollar Revolving Loan.
Continuation/Conversion Date means the date on which a Revolving Credit Advance is converted from or into or continued as a Revolving Credit Advance based upon the Term SOFR Rate or the CDOR Rate.
Continuation/Conversion Date means any date on which, under Section 2.04, the Company converts the Loans from one type to the other, or continues the Loans as the same type. In the case of a LIBOR Loan, the Continuation/Conversion Date must be the last day of any Interest Period for such LIBOR Loan.
Continuation/Conversion Date means any date on which, under Section 2.5, the Borrower (a) converts Loans of one Type to another Type, or (b) continues as Offshore Rate Loans of the same Type, but with a new Interest Period, Offshore Rate Loans having Interest Periods expiring on such date.
Continuation/Conversion Date means the date on which a Loan is converted into or continued as a Term SOFR Loan, a BA Equivalent Loan, a EURIBOR Loan or a Bank Bill Rate Loan, as applicable, or is converted into a Daily SOFR Loan.
Continuation/Conversion Date means the date on which a Loan is converted into or continued as a Term SOFR Loan.