Permanent Conversion definition

Permanent Conversion means the date the Bank Loan converts to the Permanent Loan.
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Permanent Conversion means the date the Bank Loan converts to the CCRC Loan.
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Permanent Conversion means the date the Bank Loan is repaid.
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Examples of Permanent Conversion in a sentence

  • Programs are generally organized into five phases: A) Selection of Qualified Developers; B) Commencement of Negotiations With Qualified Developers; C) Interim Management and Predevelopment; D) Construction Loan Closing and Rehabilitation; and E) Permanent Conversion.

  • CDBG-DR funds will be made available for disbursement at the Permanent Conversion of a project on an as-needed basis.

  • The Loan shall be considered “Permanent Financing” at such time when documentation of the Permanent Conversion Requirements have been reviewed and approved by First 5 LA and provided no Event of Default shall exist under the Agreement or any other Loan Document.

  • In addition, prior to or in connection with the Permanent Conversion, the Corporation intends to issue the Second Recycling Corporation Obligation or bonds under the provisions of Section 146(i) or Section 146(i)(6) in the amount of $10,000,000 (the “Additional Recycling Obligation/Bonds”) to finance, or reimburse the Corporation for its financing of, a portion of the Corporation’s repurchase of the Participation prior to or on the Permanent Conversion Date.

  • To the extent consistent with the regulations applicable to the HCD AHSC Loan and the HCD NPLH Loan, no later than ten (10) days after the date of Permanent Conversion, Borrower shall pay to the County as a special repayment of the HOME Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment").

  • Permanent Conversion of Important Farmland3,6244,305684Important Farmland or of Land Subject toSignificant andRemains significant and Williamson Actunavoidable/adverseunavoidable/adverse.Contracts or in No change from theFarmland Security approved project.Zones as a Result of Constructing the Modified Water Conveyance Facility (Acres)Temporary and Short-term Conversion of Williamson Act Lands8758849Significant and unavoidable/adverseRemains significant and unavoidable/adverse.

  • Units will then be allocated based upon household size and the initial lottery ranking.

  • Furthermore, recordings from a few OBS (Ocean Bottom Seismometers) stations installed in the Santorini – Amorgos area during the period January – March 2005 were also employed (black squares in the Figure 1).

  • The conveyance of Permanent Conversion Area and granting of the Temporary Construction Easements described herein.

  • For envelopes and refill orders, call The Empire Plan toll free at 1-877-7-NYSHIP (1-877-769-7447) and choose Prescription Drug Program.To refill a prescription on file with the mail service pharmacy, you may order by phone or download order forms online at the New York State Department of Civil Service web site at https://www.cs.ny.gov.


More Definitions of Permanent Conversion

Permanent Conversion means the date the Tax Exempt Bank Loan converts to the NOI Permanent Loan.
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Permanent Conversion means the date the Bank Tax-Exempt Construction Loan and Bank Taxable Construction Loan is paid off in full.
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Permanent Conversion means the date the Bank Construction Loan is paid off.
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Permanent Conversion means the date the Bank Tax-Exempt‌ Construction Loan converts to the Bank Permanent Loan and the MHP HCD Loan closes.
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Permanent Conversion means a change in use of agricultural, naturally vegetated, or forest lands that impairs the ability to convert the land back to its agricultural, natural, or forest capacity in the future. It does not include changes in management practices, such as conversion to parklands, open space, or natural areas.
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Permanent Conversion means a change in use of agricultural, naturally vegetated, or forest lands that impairs the ability
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Related to Permanent Conversion

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Major conversion means a conversion of an existing ship:

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion shall have the meaning set forth in Section 6(d).

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.