Index Conversion Event definition

Index Conversion Event means each of the following events:
View Source
Index Conversion Event means any one of the following: the publication of the then-current Index has been either permanently or indefinitely suspended, or
View Source
Index Conversion Event is defined on Schedule 2 of this Note. An Index Conversion Event may occur multiple times during the term of the Loan.
View Source

Examples of Index Conversion Event in a sentence

  • The Variable Annual Interest Rate may change on each of the following: First Change Date Subsequent Change Dates if Borrower receives Notice from Lender that an Index Conversion Event occurs, on the applicable Index Conversion Change Date specified in such Notice Each of the First Change Date, the Subsequent Change Dates, and any Index Conversion Change Dates is a “Change Date.” The new Variable Annual Interest Rate will become effective on each Change Date.


More Definitions of Index Conversion Event

Index Conversion Event means, with respect to a Basket Componenti, each of the following events:
View Source

Related to Index Conversion Event

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