Debt Refinancing. If Borrowers elect to prepay the Obligations by refinancing some or all of the Obligations through a loan from another lender (a “Refinancing”), Borrowers may prepay the Obligations prior to the Maturity Date without penalty by giving the Holder written notice of their intent to prepay (a “Prepayment Notice”). The Prepayment Notice must include (i) the amount of the Obligations to be prepaid (the “Proposed Prepayment Amount”), (ii) the terms of the proposed Refinancing (the “Refinancing Transaction”), and (iii) the proposed prepayment date (the “Proposed Prepayment Date”); provided, that the Proposed Prepayment Date may not be less than thirty (30) nor more than sixty (60) days after the Prepayment Notice is delivered to the Holder. The actual amount prepaid may not exceed the Proposed Prepayment Amount and may not be paid after the Proposed Prepayment Date without the Holder’s prior written consent. At any time during the period that five (5) business days prior to the Proposed Prepayment Date, at its option, the Holder may (i) make its exercise of its Conversion Option contingent upon the Borrowers consummating the Funding Transaction on or before a date certain (the “Outside Date”) by so indicating in a Notice of Conversion, and/or (ii) may extend the Outside Date to a later date upon written notice to Borrowers. Also, upon written notice to Borrowers given at least seven days prior to the then-applicable Outside Date, the Holder may withdraw and cancel any Notice of Conversion. The Setting of an Outside Date by the Holder will not affect Borrowers’ right to make the prepayment prior to the Outside Date.
Debt Refinancing. (a) Notwithstanding anything to the contrary in this Agreement or any Security Document:
Debt Refinancing. The Company shall use its reasonable best efforts to consummate the Senior Debt Refinancing on substantially the terms set forth in Exhibit G hereto.
Debt Refinancing. 26 Section 6.10 Listing...................................................26 Section 6.11 Cooperation...............................................26 Section 6.12 Execution and Delivery of Related Agreements..............26 Section 6.13 Use of Proceeds...........................................27 Section 6.14 Investors' Access to Premises; Notices of Developments..............................................27 Section 6.15 IRS Forms.................................................27 ARTICLE VII
Debt Refinancing. The Credit Facility shall have been terminated and all outstanding principal thereunder refinanced and letters of credit cash collateralized or replaced (in accordance with the Credit Facility) all on terms and conditions acceptable to Rhino and Rhino GP.
Debt Refinancing. The Company shall have completed a refinancing of its bank indebtedness on terms satisfactory to the Purchasers, or all conditions precedent to such completion, other than the consummation of the purchase of Units pursuant to this Agreement, shall have been satisfied.
Debt Refinancing. Holdings and Rhino shall have arranged for the refinancing of the outstanding debt under the Credit Facility on terms and conditions acceptable to Rhino and Rhino GP.
Debt Refinancing. The Operating Partnership ---------------- may refinance any existing Debt, provided that none of the following -------- are increased: (i) the principal amount of any Debt or secured Debt, as the case may be, that is being refinanced or (ii) with respect to any secured Debt that is being refinanced, the amount of any collateral securing such secured Debt.
Debt Refinancing. Immediately following the initial Borrowing on the Closing Date, the Debt Refinancing shall be consummated. Immediately following the consummation of the Transactions, neither the Borrower nor any of its Subsidiaries shall have any Indebtedness for borrowed money or preferred equity other than (a) the Initial Term Loan Facility, (b) the Revolving Credit Facility, (c) the Existing Notes, (d) the Senior Notes, (e) the Indebtedness of the Sheridan Acquired Business permitted to be incurred or outstanding by the Sheridan Acquisition Agreement and (f) other Indebtedness and preferred equity permitted pursuant to Section 10.1(h) (including working capital facilities, Capitalized Leases and Indebtedness incurred in the ordinary course of business).
Debt Refinancing. The Parent agrees to cause its appropriate Subsidiaries to pay and discharge prior to the Closing the indebtedness described in Schedule 7.04 to the Parent’s Disclosure Letter that is generally known as Ponderosa, Condor, Firefly, LJM [add others] and, in the case of Ponderosa, Condor, Firefly, LJM [add others] to purchase the Equity Securities of the Transfer Companies held by third Persons and pledged to secure such indebtedness with the effect that the adverse claims regarding the Equity Securities disclosed in Schedule 7.04 to the Parent’s Disclosure Letter shall have been terminated and released prior to the Closing.
