Term Conversion Date definition

Term Conversion Date means the date on which Term Conversion occurs.
Term Conversion Date has the meaning set forth in Section 2.01(b).
Term Conversion Date means, in respect of each Lender, June 13, 2014, as such date may be extended under Section 5.2(b).”

Examples of Term Conversion Date in a sentence

  • Subject to Section 2.16, the Notice of Term Conversion may be modified or revoked by the Borrower through the Business Day specified as the proposed Term Conversion Date in the Notice of Term Conversion.

  • Prior to and after giving effect to the Transactions contemplated to occur on the Term Conversion Date, no Default or Event of Default shall have occurred and be continuing.

  • The Administrative Agent shall have received supplemental opinions of counsel to the Borrower, dated as of the Term Conversion Date, opining as to each of the matters set forth on Appendix K, subject to such qualifications and assumptions as are customary in New York, California or Federal opinion practice (as applicable).

  • The aggregate amount of Project Costs set forth in the then-applicable Construction Budget are sufficient to cause the Term Conversion Date to occur prior to the Date Certain and the Available Construction Funds both before and after giving effect to such Disbursement shall be equal to or greater than the aggregate amount of unpaid Project Costs set forth in the Construction Budget.

  • If the Term Conversion Date does not occur on or prior to January 28, 2014 (the “Date Certain”), then the Borrower shall repay the aggregate principal amount of the Construction Loans on the Date Certain.


More Definitions of Term Conversion Date

Term Conversion Date in Schedule “A” to the Original Credit Agreement is amended to read as follows:
Term Conversion Date means the date upon which the Principal Debt is converted to a Term Loan in accordance with SECTION 2.5. TERM CONVERSION REQUEST is defined in SECTION 2.5(a).
Term Conversion Date has the meaning set forth in Appendix B.
Term Conversion Date means June 17, 2011, as such date may be extended hereunder.
Term Conversion Date means the date of the Term Conversion.
Term Conversion Date means the date on which all of the conditions precedent to the making of the Term Loans set forth in Section 3.3 are satisfied or waived by the Required Lenders, and the Construction Loans then outstanding (after giving effect to any prepayment made on such date) are converted to Term Loans.
Term Conversion Date means the last day of the second month following the month in which Projection Completion occurs.