Conversion Amendment definition

Conversion Amendment means the Master Credit Facility Conversion Amendment, substantially in the form of Exhibit I to the Agreement, reflecting the conversion of all or any portion of the Variable Facility Commitment to the Fixed Facility Commitment as set forth in Section 1.08(b).

Conversion Amendment means any amendment (or series of amendments) that meets two criteria, as determined on a Participant- by-Participant basis in accordance with Regulations §1.411(b)-1(c)(4): (1) the amendment reduces or eliminates the benefits that, but for the amendment, the Participant would have accrued after the effective date of the amendment under a benefit formula that is not a Cash Balance Formula and under which the Participant was accruing benefits prior to the amendment; and (2) after the effective date of the amendment, all or a portion of the Participant's benefit accruals under the Plan are determined under a Cash Balance Formula.

Conversion Amendment means Amendment No. 9 to the Credit Card Program Agreement, executed entered into by Nordstrom, NCS and Bank as of the Conversion Amendment Effective Date.

Examples of Conversion Amendment in a sentence

• As used in this Conversion Amendment, the following terms shall have the below meanings, with additional defined terms set forth in Schedule 2.

• In addition to the express undertakings of the parties pursuant to this Conversion Amendment, the parties shall work cooperatively and in good faith to negotiate and execute any other documents, and implement such additional changes to the Program, that are necessary to facilitate the intended effects of the provisions of this Conversion Amendment, including the achievement of the Conversion prior to the Conversion Outside Date.

• The Conversion Committee shall update the Transition Plan (other than with respect to the Conversion Date) and it shall be adopted by the Conversion Committee in accordance with this Conversion Amendment within ninety (90) days of the Conversion Amendment Effective Date.

• Notwithstanding any provision to the contrary in this Conversion Amendment, the inclusion of the Debit Accounts in the Conversion and the assumption thereof by Bank shall be subject to the satisfaction of the terms of Schedule 5(d) and the execution of the Assignment and Assumption Agreement attached thereto.

• All costs associated with the Conversion will be funded by the parties outside of the revenue sharing pursuant to Section 8.1 of the Agreement, and in accordance with this Conversion Amendment.

More Definitions of Conversion Amendment

Conversion Amendment has the meaning set forth in the Recitals.

Conversion Amendment means an amendment to this Master Agreement and the appropriate Schedules reflecting the Conversion of all or any portion of a Variable Note to a Fixed Note as set forth in Section 2.10(a) (Conversion from Variable Note to Fixed Note).

Conversion Amendment has the meaning specified in Section 2.2(a).

Conversion Amendment means Lender’s then-current form of Amendment to Multifamily Loan and Security Agreement to be executed by Borrower and Lender to amend and/or restate all or any part of this Loan Agreement (including any Schedules, Exhibits or other attachments) in connection with, and reflecting the terms of, a Conversion of the Mortgage Loan.

Conversion Amendment means an amendment to this Agreement reflecting the Conversion of all or any portion of any Variable Advance to a Fixed Advance.

Conversion Amendment shall have the meaning ascribed to such term in Section 2.1 of this agreement.

Conversion Amendment shall have the meaning set forth in Section 2.4(a).