Examples of Accordion Loans in a sentence
The parties hereto shall work together to reasonably amend this Agreement to reflect any Accordion Loans, once additional Lenders have provided commitments in respect of the same.
The Borrower shall repay to the Accordion Lenders the aggregate principal amount of all Accordion Loans outstanding in accordance with any written agreement among the Accordion Lenders and the Borrower and which must be approved, in writing, by the Administrative Agent.
The obligations of the Lenders hereunder to make Term Loans and Revolving Credit Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) and, if established, Accordion Loans, are several and not joint.
Harland Company - Chairman, President and CEO ------------------------------------------------------------------------------ That was where our -- in looking at Q1 was very strong, Q2 was much weaker than we had expected, and Q3 was down the middle of the road.
Accordion Loans may be Base Rate Loans or Eurodollar Rate Loans as agreed to, in writing, among the Borrower and the Accordion Lenders which must be approved by the Administrative Agent in writing (such approval not to be unreasonably withheld or delayed).
Each Accordion Borrowing shall consist of Accordion Loans made simultaneously by the Accordion Lenders in accordance with their respective Accordion Commitments and will be advanced in increments of at least $10,000,000.