Converting Lender definition
Examples of Converting Lender in a sentence
Non-Extended Initial Term Loan 858,772.70 NAME OF LENDER: See below table Executing as an CONVERTING LENDER: By: /s/ [Signatory Illegible] Name: Title: For any Lender requiring a second signature line: By: Name: Title: Lender Class of Existing Term Loan held by Converting Lender Principal amount of Existing Term Loans held by Converting Term Lender Principal Amount of Additional Term B Commitments Halcyon Structured Asset Management Long Secured/Short Unsecured 2007-1 LTD.
It is acknowledged and agreed that each Converting Lender has agreed to accept as satisfaction in full of its right to receive payment on the outstanding amount of Existing Term Loans of such Converting Lender the conversion of its Existing Term Loans into Tranche B-1 Term Loans in accordance herewith, in lieu of the prepayment amount that would otherwise be payable by the Borrower pursuant to the Credit Agreement in respect of the outstanding amount of Existing Term Loans of such Converting Lender.
The undersigned Term Lender hereby consents to Amendment No. 5 but does not elect to be a Converting Lender.
For the avoidance of doubt, Ultimate Holdings shall not be responsible for any such transfer, stamp and similar Taxes that may be payable with respect to the issuance and delivery of the Conversion Payment Shares to any Person that is not the Converting Lender, including any nominee, assignee or transferee of the Converting Lender, if such Taxes would not have been imposed or be payable had the Conversion Payment Shares been issued in the name of the Converting Lender.
Not file a claim with CBA or Associate Plan or ▇▇▇▇ a Member for any charges for services rendered when it has been determined such services are not Medically Necessary.