Systems Conversion Date definition

Systems Conversion Date has the meaning set forth in Section 7.4 hereof.
Sample 1Sample 2Sample 3
Systems Conversion Date. The date, which shall be the last day of a Collection Period, specified as such in a prior written notice from the Servicer to the Issuing Entity, the Depositor, the Sponsor and each Rating Agency.
Sample 1Sample 2
Systems Conversion Date means the date on which Seller's operational systems relating to the Branches are converted to Buyer's operational systems, which date shall be either (i) the date immediately following the Closing Date if the Buyer obtains written regulatory approval for consummation of the transactions contemplated by this Agreement on or prior to August 6, 1999 or (ii) the date mutually agreed to by Seller and Buyer after January 1, 2000 but no later than April 30, 2000 if the Buyer obtains written regulatory approval for consummation of the transactions contemplated by this Agreement after August 6, 1999. In the event that the Systems Conversion Date is not on the date immediately following the Closing Date, then Seller and Buyer shall enter into a mutually satisfactory services agreement, pursuant to which Seller shall perform certain banking services on behalf of Buyer until the Systems Conversion Date.
Sample 1

Examples of Systems Conversion Date in a sentence

  • Buyer shall file all required information returns with the Internal Revenue Service with respect to interest paid on the Deposits after the Systems Conversion Date, interest received on the Cash Reserve Loans after the Systems Conversion Date, and any other information returns required with respect to the Assets and the Liabilities for the periods beginning after the Systems Conversion Date.

  • Within ten (10) calendar days after the end of each Fiscal Quarter, the Macy’s Servicer (or following the Systems Conversion Date, Bank) shall provide to the other Parties a report setting forth, for such preceding twelve (12) Fiscal Month period ended at the end of such Fiscal Quarter: (i) Average Private Label Receivables and (ii) Average Private Label Interest Free Receivables.

  • Prior to the Systems Conversion Date, Bank and Macy’s shall mutually agree on customized stand-in authorization parameter settings impacting Private Label Credit Cards in Macy’s Channels.

  • If none of the distributions in the “Credit Line Target Table” table below are met, then there is no penalty for that period (for use after the Systems Conversion Date).

  • Until the Systems Conversion Date, the Company shall maintain its Systems in a manner consistent with the Company’s historical practice and shall not make changes to its Systems that will impede the Conversion or the Bank’s ability to maintain the Accounts in accordance with this Agreement following the Conversion.

  • Target Average Line per New Amex Account [redacted] – (for use prior to the Systems Conversion Date) • Target Average Line per New Amex Account [redacted] (provided the new account distribution is achieved in the “Credit Line Target Table” below, for use after the Systems Conversion Date).

  • For [redacted] days following the Systems Conversion Date (the “Initial SLA Period”), the responsible Party for these Default SLAs will measure the performance under such initial standards and promptly present reporting and analysis of such performance to the other Party on a monthly basis.

  • A draft of the written practices and procedures under which Buyer and Seller shall handle all items (including, for example, automated clearing house and electronic funds transfer items) relating to the Assets and the Liabilities, which are presented or returned following the Systems Conversion Date, and any claims relating to such items are attached to this Agreement as Exhibit A, including certain other matters relating to consummation of the transactions contemplated hereby (the "Working Agreement").

  • The Parties agree that the modifications to the Operating Procedures described in Schedule 4.1(b)(iii) hereto shall be effective as of the Systems Conversion Date or at such other time as is specified in such Schedule.

  • If Key Employee has continued in the employment of Bank from the Effective Date and until the earlier of i) 365 days after the Closing (as defined in the Merger Agreement) or ii) 30 days after Successful Systems Conversion Date (as defined herein) (the earlier of which is the "Bonus Date"), then Bank shall pay the Key Employee fifty percent (50%) of Key Employee's current annual salary less usual and customary payroll deductions not later than ten (10) business days following the Bonus Date.

Related to Systems Conversion Date

  • 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.

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

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

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

  • 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.

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

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

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

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

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

  • 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.

  • Date of Conversion Conversion Price:_______________________________________________________________

  • Major conversion means a conversion of an existing ship:

  • 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.

  • 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.

  • 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.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

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

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(e).

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

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

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

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

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

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