Effects of Conversion Primjeri odredbi
Effects of Conversion. To the extent that the Borrower duly accepts a Conversion Proposal, the Borrower shall pay accrued interest on the Interest Conversion Date and thereafter on the designated Payment Dates. Prior to the Interest Conversion Date, the provisions of the Contract relating to FSFR Tranches shall apply to the entire Tranche. From the Interest Conversion Date, the provisions relating to Fixed-Rate Tranches shall apply to the whole of the Tranche and, in particular, to any prepayment that occurs after the Borrower has duly accepted a Conversion Proposal. The previously applicable provisions shall apply to the balance.
