Conversion Advance definition

Conversion Advance and “Converted Advance” shall each have the respective meaning ascribed to such terms in Section 3.8 in the case of the Canadian Borrower, in Section 5.6 in the case of the US Borrower in respect of Facility C Credit and Section 6.6 in the case of the US Borrower in respect of Facility D Credit.

Conversion Advance and "Converted Advance" shall each have the meaning ascribed to such terms in Section 4.3.

Conversion Advance has the meaning given to it in clause 4.7;

Examples of Conversion Advance in a sentence

• Accordingly, immediately after the completion of the abovementioned transaction entered into between the Target Company and the Receivers but prior to the completion of the CB Conversion, Advance Global was wholly-owned by the Target Company.

• If the Borrower notifies the Administrative Agent pursuant to Sections 3.6, 3.11 or 7.2 that a Borrowing or a Conversion Advance is to be made by way of, or of a renewal of, Bankers' Acceptances (or, as the case may be, BA Equivalent Advances), the Borrower shall pay in CDollars at or prior to the time of the Acceptance of each Bankers' Acceptance an Acceptance Fee on the face value of each Bankers' Acceptance accepted by a Lender.

• LIST Orientation Program Metric Conversion Advance Technology Training Resulting From Job Alterations Employee Training Safety and Health Agreement Memorandum of Understanding Human Rights Confinement in Jail Job Eligibility Tests (Revised) Hiring Practices Hiring Local Employees into Local Tuition Refund Plan Casual Absence Xxx.

• Upon the issue of 763,637,000 Scheme Shares to Advance Opportunities Fund pursuant to the Debt-to-Equity Conversion, Advance Opportunities Fund will potentially increase its shareholdings in the Company to between 30% and 50%.

More Definitions of Conversion Advance

Conversion Advance and “Converted Advance” – shall each have the respective meaning ascribed to such terms in Section 3.7. 1.1.54 “Conversion Date” – means a day which the Borrower has notified the Agent in a Notice of Conversion as the date on which the Borrower will convert Borrowings under the Credit Facility, or a portion thereof, in accordance with Section 3.7.

Conversion Advance and “Converted Advance” – shall each have the respective meaning ascribed to such terms in Section 3.7. 1.1.50 “Conversion Date” – means a day which the Borrower has notified the Agent in a Notice of Conversion as the date on which the Borrower will convert Borrowings under a Credit Facility, or a portion thereof, in accordance with Section 3.7. 1.1.51 “Covid-19 Event” – shall have the meaning ascribed to it in Section 2.1.10. 1.1.52 “Credit Facility” – means the committed revolving credit facility in the maximum amount of sixty million CDollars (C$60,000,000) or the Equivalent Amount in USDollars, which the Lenders will make available to the Borrower pursuant to, and in accordance with the terms of, ARTICLE 3 and the other provisions of this Agreement. 1.1.53 “Current Accounts” – means collectively (i) the CDollars and USDollars accounts maintained by the Borrower with BNS at the Branch of Account for the purposes of operating the Credit Facility and, (ii) with respect to the Swingline Loan, the CDollars and USDollars accounts maintained by the Borrower with BNS at the Branch of Account. 1.1.54 “DBNA” – means the Depository Bills and Notes Act (Canada). 1.1.55 “Debt” – means all indebtedness of any Obligor and includes, without duplication (in each case, whether such indebtedness is with full or limited recourse):