Refinancing Gain Sample Clauses

Refinancing Gain. TxDOT’s rights to share in any Refinancing Gain are set forth in Part D of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such share of Refinancing Gain as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Project pursuant to the Lease.
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Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain, and to gain from an initial financing with PABs or TIFIA where not indicated in the Facility Plan of Finance, are set forth in Part B of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the payment to TxDOT of Refinancing Gain or gain from such an initial financing is allocated as set forth in Part B of Exhibit 7.
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Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B of Exhibit 7. Developer agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.
Sample 1
Refinancing Gain. Developer shall pay to TxDOT 50% of any Refinancing Gain from a Refinancing. The Refinancing Gain shall be calculated after deducting payment of (i) TxDOT’s Recoverable Costs under Section 3.7.3 and (ii) Developer’s reasonable professional costs and expenses directly associated with the Refinancing.
Sample 1
Refinancing Gain. 4.5.1 LAWA shall be entitled to receive 50% of any Refinancing Gain attributable to any Refinancing other than an Exempt Refinancing. The Refinancing Gain amount shall be, calculated in accordance with Exhibit 5C (Calculation of Refinancing Gain).
Sample 1

Related to Refinancing Gain

  • Refinancing Substantially simultaneously with the funding of the Initial Term Loans, the Closing Date Refinancing shall be consummated.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will:

  • Commitment Charge; Credit; Maturity Premium (a) The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.

  • Defaulting Lender Cure If the Borrower, the Administrative Agent, Swingline Lender and the L/C Issuer agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held on a pro rata basis by the Lenders in accordance with their Applicable Percentages (without giving effect to Section 2.15(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Limitation on Indebtedness Create, incur, assume or suffer to exist any Indebtedness, except:

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