Notice of Loan Conversion means a Notice of Revolving Loan Conversion or a Notice of Term Loan Conversion.
Notice of Loan Conversion means a written notice to be delivered not less than fifteen (15) days prior to the Loan Conversion Date by the Servicer to the Issuer, the Trustee, the Borrower, the Construction Phase Credit Facility Provider and Freddie Mac (i) stating that the Conditions to Loan Conversion have been satisfied on or before the Forward Commitment Maturity Date or, if any Condition to Loan Conversion has not been satisfied on or before the Forward Commitment Maturity Date, stating that such Condition to Loan Conversion has been waived in writing by Freddie Mac (if a waiver is permitted) on or before the Forward Commitment Maturity Date, (ii) confirming the Loan Conversion Date and (iii) providing an update, as and if necessary, to the schedule of deposits to the Principal Reserve Fund provided for in the Reimbursement Agreement.
Notice of Loan Conversion as defined in Section 2.4(b).
Examples of Notice of Loan Conversion in a sentence
Each Notice of Borrowing, Notice of Loan Conversion and Notice of Interest Period Selection shall be given by Borrower to Agent's office located at the address and at the telephone number referred to above during Agent's normal business hours; PROVIDED, HOWEVER, that any such notice received by Agent after 11:00 a.m. on any Business Day shall be deemed received by Agent on the next Business Day.
The submission by Borrower to Agent of each Notice of Borrowing, Notice of Loan Conversion, Notice of Interest Period Selection, Revolver Extension Request and Request for Letter of Credit shall be deemed to be a representation and warranty by Borrower as of the date thereon as to the above.
More Definitions of Notice of Loan Conversion
Notice of Loan Conversion means a Notice of Revolving Loan Conversion.
Notice of Loan Conversion means a Notice of Revolving Loan Conversion or Notice of Term Loan Conversion.