Conversion Loan means a loan originated to finance the fee related to the conversion of an Oasis Lakes Loan, a non-Club RDI Loan, an Aruba Non-Club Loan or other non-Club Loan to a Club Loan.
Conversion Loan means a loan originated to finance the fee related to the conversion of a non-Club Loan to a Club Loan.
Conversion Loan means a B.C. Access Grant that has been converted into a loan pursuant to the BCSAP and section 6 of the MSFAA (PT)-BC.
Examples of Conversion Loan in a sentence
Borrower may not request any borrowings or the making of any additional Advances during the Conversion Loan Period.
More Definitions of Conversion Loan
Conversion Loan means that portion of the principal amount outstanding under the Revolving Line of Credit which is converted to a term loan pursuant to Article III.
Conversion Loan has the meaning set forth in Section 2.1.
Conversion Loan means a loan made by Borrower to a party who is not an Affiliate of Borrower for the financing of a portion of the Conversion Fee to convert a non-equity Membership into a Deferred Equity Membership, evidenced by a Conversion Note.
Conversion Loan has the meaning specified in Recital C. ---------------
Conversion Loan means the loans made by Gemini and South Point to the Corporation which are convertible by their terms to Preferred Shares pursuant to the Loan Agreement listed in Exhibit C attached hereto.
Conversion Loan means a loan originated to finance the fee related to the conversion of an Oasis Lakes Loan, non-Vacation Club RDI Loan, an Aruba Right-to-Use Loan or other non-Club Loan to a Club Loan.
Conversion Loan. Any loan made to the Borrower pursuant to, and in accordance with the provisions of, Section 2.6(a) hereof upon the conversion of any Credit Note and LC Interest related thereto.