Refinancing Transaction Sample Clauses

Refinancing Transaction. Any pawn agreement may be refi- nanced, either with or without an in- crease in the principal amount of the loan, prior to or following the date of expiration of the original period of the loan upon agreement between the par- ties.
AutoNDA by SimpleDocs
Refinancing Transaction. (a) The aggregate amount of the 2023 Refinancing Commitments shall be equal to $1,750,000,000. (b) The Administrative Agent shall have received from Borrower the Borrower’s 2021 Payment (if any); (c) with respect to the Existing 2021 Incremental Term Loans, the Administrative Agent shall have received a prepayment notice duly delivered pursuant to Section 2.08(b) of the Existing 2016 Loan Agreement; (d) with respect to the Refinanced 2021 Refinancing Term Loans, the Administrative Agent shall have received a prepayment notice duly delivered pursuant to Section 2.08(b) of the Existing 2016 Loan Agreement; It shall be a further condition precedent to the effectiveness of the amendments referred to in Article II that the 2021 Lender Funding Amount shall have been received and all payments contemplated by Section 2.2(c)(iii) shall have been made.
Refinancing Transaction. (a) The aggregate amount of the 2023 Refinancing Commitments shall be equal to $760,625,000. (b) The Administrative Agent shall have received from Borrower the Borrower’s 2021 Payment (if any); (c) with respect to the Refinanced 2021 Refinancing Term Loans, the Administrative Agent shall have received a prepayment notice duly delivered pursuant to Section 2.08(b) of the Existing 2016 Loan Agreement; It shall be a further condition precedent to the effectiveness of the amendments referred to in Article II that the 2021 Lender Funding Amount shall have been received and all payments contemplated by Section 2.2(c)(iii) shall have been made.
Refinancing Transaction. If during the term of the Loan or upon maturity, either Borrower or any Affiliate of Borrower proposes to obtain a loan from any Person that is a Broker or a Dealer or an Affiliate of a Broker or a Dealer (other than the initial Lender) and to cause the proceeds of such loan, to be used to pay or prepay the Loan in whole or in part (including, without limitation, on the Maturity Date or otherwise pursuant to Section 2.6(a) or 2.7(a)) (any such transaction, a "Refinancing Transaction"), Borrowers shall provide to the initial Lender in writing the Proposed Terms. The Agent shall have ten (10) days from its receipt in writing of such proposal to offer to Borrowers a Refinancing Transaction on terms specified by the Agent in writing (the "Lender's Terms"). If the initial Lender shall offer to Borrower or such Affiliate a transaction with the same material terms as the Proposed Terms provided to the initial Lender, Borrower or such Affiliate shall accept, and enter into, the transaction offered by the initial Lender and shall not accept, or enter into, such Refinancing Transaction. If the initial Lender declines to offer a transaction on the same terms as the Proposed Terms and Borrower or such Affiliate subsequently either proposes to obtain a Refinancing Transaction with financial terms less advantageous to Borrower or such Affiliate than those 81 previously disclosed to the initial Lender or does not consummate a Refinancing Transaction on the terms provided within sixty (60) days of the initial Lender declining to offer a transaction on the same terms as the Proposed Terms, then Borrower or such Affiliate shall provide the initial Lender with a further opportunity to make the Refinancing Transaction in accordance with the timing provisions set forth above.
Refinancing Transaction. On the Closing Date, the Company shall have effected the Refinancing Transaction.
Refinancing Transaction. On the Closing Date, the Company will effect the refinancing of its current debt facilities as described in the Prospectus (the “Refinancing Transaction”).
Refinancing Transaction. Repayment and Termination of the ---------------------------------------------------------- Existing Credit Agreement. (a) On or prior to the Initial Borrowing Date, the ------------------------- total commitments under the Existing Credit Agreement shall have been terminated and all loans thereunder shall have been repaid in full, together with interest thereon, all letters of credit issued under the Existing Credit Agreement shall have been terminated or assumed as Existing Letters of Credit hereunder, and all other amounts owing pursuant to the Existing Credit Agreement shall have been repaid in full and the Existing Credit Agreement shall have been terminated and be of no further force or effect, except for certain indemnity, expense or similar provisions contained therein which by their express terms are intended to survive such termination and as are reasonably satisfactory to the Administrative Agent and the Required Banks, and the Administrative Agent shall have received evidence in form, scope and substance satisfactory to it that the matters set forth in this Section 5.07(a) have been satisfied on such date. (b) On or prior to the Initial Borrowing Date, the creditors under the Existing Credit Agreement shall have terminated and released all security interests and Liens on the assets owned by the Parent or any of its Subsidiaries granted in connection with the Existing Credit Agreement. On or prior to the Initial Borrowing Date, the Administrative Agent shall have received such releases of security interests in and Liens on the assets owned by such Persons as may have been reasonably requested by the Administrative Agent, which releases shall be in form and substance reasonably satisfactory to the Administrative Agent. Without limiting the foregoing, there shall have been delivered (i) proper termination statements (Form UCC-3 or the appropriate equivalent) for filing under the UCC of each jurisdiction, if any, where a financing statement (Form UCC-1 or the appropriate equivalent) was (or is required to be) filed with respect to the Parent or any of its Subsidiaries in connection with the security interests created with respect to the Existing Credit Agreement and the documentation related thereto, (ii) terminations or assignments of any security interest in, or Lien on, any patents, trademarks, copyrights, or similar interests of the Parent or any of its Subsidiaries on which filings, if any, have been made, (iii) terminations of all mortgages, ...
AutoNDA by SimpleDocs
Refinancing Transaction. The Borrower shall use commercially-reasonable efforts to pursue, negotiate and close on or before June 30, 2010 a refinancing transaction that will repay in full all outstanding Obligations and Senior Note Obligations.” (p) Article 7 (Negative Covenants) of the Credit Agreement is hereby further amended by adding the following new Sections 7.18 through 7.23:
Refinancing Transaction. The Company shall use commercially-reasonable efforts to pursue, negotiate and close on or before June 30, 2010 a refinancing transaction that will repay in full all outstanding Notes and Bank Obligations.
Refinancing Transaction. The Refinancing Transaction shall have occurred substantially concurrently with the initial borrowing hereunder and, after giving effect thereto, all guarantees and security interests of the Existing Second Lien Notes shall have been terminated or will be terminated upon such repayment.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!