Long Term Financing. Consider and put in place a long-term financing system, allowing to support national and local NGOs involved in the preservation of Mountain Gorillas and their habitats.
Long Term Financing. No later than two (2) months prior to the Delivery Date of each Aircraft, the Borrower (or the Guarantor or an Affiliate of the Guarantor) shall obtain (or shall ensure that Intrepid shall obtain) an executed term sheet for a long-term financing of each Aircraft following its delivery with a reputable financial source, such as bank lenders or institutional investors, or shall otherwise give the Lenders comfort that the Borrower will be able to repay the Loans attributable to that Aircraft in full on the Aircraft’s Delivery Date; provided, however, that prior to mandating a third party proposal for such long-term financing (a “Third Party Financing Proposal”), the Borrower (or the Guarantor or an Affiliate of the Guarantor) shall first notify the Facility Agent of the key economic terms of a Third Party Financing Proposal and the Facility Agent shall have ten (10) days to indicate whether it wishes to match or better the terms of such Third Party Financing Proposal (a “Matching Financing Proposal”). If the Facility Agent delivers such Matching Financing Proposal to the Borrower, the Facility Agent and the Borrower (or the Guarantor or an Affiliate of the Guarantor) shall negotiate for a period of thirty (30) days to enter into a term sheet in respect of such long-term financing. If the Facility Agent does not provide such Matching Financing Proposal within such ten (10) day period or if no term sheet is finalized within such ten (10) day period, the Borrower (or the Guarantor or an Affiliate of the Guarantor) shall have the right to enter into a term sheet with a third party for long-term financing. Further, the parties hereto agree that, with regards to a Matching Financing Proposal for Aircraft 1, the Borrower (or the Guarantor or an Affiliate of the Guarantor) may specify an Airbus Model A330 aircraft, other than Aircraft 1, that, as of the date hereof, is scheduled to be delivered to a lessee, other than the Approved Lessee for Aircraft 2, on or before November 2014, as a substitute of which the Facility Agent shall have the right to deliver a Matching Financing Proposal under this Section 9(x).
Long Term Financing. Long term financing will be obtained through the sale of LATI common stock in a Regulation S offering. The closing of this agreement shall be specifically and exclusively conditioned upon obtaining a minimum funding as agreed by the parties and shall occur simultaneously therewith.
Long Term Financing. The Company shall have entered into the Long Term Financing (as such term is defined in Settlement Agreement and Mutual Release) and borrowings thereunder have been made available to the Company.”
Long Term Financing. (a) TEM agrees to undertake all commercially reasonable actions necessary to refinance the Bridge Loan on the third anniversary of the Effective Date, with two-year term loan maturing on the fifth anniversary of the Effective Date (the “Long-Term Financing”) and, in respect thereof, to cause TEF to guarantee the prompt and complete payment and performance by NewComm when due (whether at stated maturity, by acceleration or otherwise) of the Long-Term Financing (the “TEF Guarantee”), it being understood that TEF Guarantee shall be under terms reasonably acceptable to TEF, which in any case shall not be substantially different from any other corporate guarantees customarily issued by TEF.
(b) The Parties acknowledge that the Long-Term Financing shall provide for no amortization of principal, the same being payable in full on the maturity date thereof. In addition to the TEF Guarantee, the Long-Term Financing shall be jointly and severally guaranteed by ClearComm.
(c) The obligation to provide TEF Guarantee shall be subject to the satisfaction of the following conditions:
(i) No law, statute, rule or regulation shall have been adopted, promulgated, enforced or issued by any Governmental Entity having the effect of making illegal or otherwise prohibiting the delivery of TEF Guarantee pursuant to Section 10.5(b), and there shall not be in effect any injunction, writ or restraining order or decree issued by a court of competent jurisdiction that prohibits the delivery of TEF Guarantee pursuant to Section 10.5(b) hereof;
(ii) The execution, delivery and performance by each of the Other Stockholders of the guarantee pursuant to Section 10.5(b) hereof shall have been duly authorized and such guarantee shall be a legal, valid and binding obligation of each of the Other Stockholders enforceable against each of them in accordance with the terms of the guarantee;
(iii) Each of the FCC Licenses shall be in full force and effect;
(iv) The Other Stockholders shall not be in violation in any respect with any of the provisions of this Settlement Agreement or the other agreements referred to herein and incorporated by reference; and
(v) In the event TEM Puerto Rico shall have delivered a Purchase Notice (as defined in the Stock Purchase Agreement) pursuant to Section 2.03(a) of the Stock Purchase Agreement, no Applicable Law or injunction enacted, entered, promulgated, enforced, issued by the FCC or any other Governmental Entity or other legal restraint or prohibition prevent...
Long Term Financing. Pursuant to Section 9.7 of the Canadian Agreement, Canadian Lenders agreed that Bank of America Canada and its Affiliates may engage in any kind of banking, trust, financial advisory, underwriting or other business with each of the Restricted Persons and their respective Affiliates as though Bank of America Canada were not the Canadian Agent or the Canadian LC Issuer hereunder and without notice to or consent of Lenders. Canadian Lenders acknowledged that, pursuant to such activities, Bank of America Canada or its Affiliates may receive information regarding any Restricted Person or its Affiliates (including information that may be subject to confidentiality obligations in favor of such Restricted Person or such Affiliate) and that the Canadian Agent shall be under no obligation to provide such information to them. Although not required by the terms of the Original Agreement, Bank of America Canada hereby notifies Canadian Lenders that USB AG, Stamford Branch, UBS Warburg LLC, Bank of America and Banc of America Securities LLC have agreed to provide the Long Term Financing and may provide additional services to the Restricted Persons in connection with the acquisitions financed thereby.
Long Term Financing. The developers of the commercial/industrial/Retail sites and the single and multi-family homes will arrange for long term financing for their individual projects.
Long Term Financing. The Borrowers shall use commercially reasonable efforts to obtain long-term financing, whether through the offering or placement of debt or equity securities or otherwise, in order to effect the prepayment of all outstanding Loans and the termination of any unused portion of the Aggregate Commitment, in each case prior to the Maturity Date.
Long Term Financing. On or before the date which is the earlier of (i) the Depletion Date, and (ii) August 15, 1999 (the "Commitment Date"), AMERALIA shall deliver to HPD a commitment letter from a financial institution committing to provide long-term financing to AMERALIA for the Rock School Project, which commitment letter and financial institution must both be acceptable to HPD in HPD's sole and absolute discretion. At a minimum, the commitment letter must provide for the guaranteed payment of the HPD Loan in full on or before the date specified in this Agreement. If for any reason AMERALIA fails to provide to HPD the aforementioned commitment letter from a financial institution by the Commitment Date (which commitment letter and financial institution must both be acceptable to HPD in HPD's sole and absolute discretion), HPD may terminate this Agreement upon written notice to AMERALIA. If this Agreement is so terminated, HPD shall be entitled to receive the following from AMERALIA: payment for the Cost of the Work incurred and the Engineering Fee earned to the date of termination, the Deposit Relief Fee, reimbursement for all cancellation charges incurred by HPD in relation to its subcontractors, and a demobilization fee in an amount equal to $500,000.
Long Term Financing. 4.1 For the purposes of this Section 4 the following terms shall have the meanings set forth below:
