Acorn definition
Examples of Acorn in a sentence
Solely to the extent the aggregate commitments and loans under the Acorn Bridge Facility have been reduced to $0, the Borrower shall prepay an aggregate amount of Tranche B Advances equal to 100% of the Net Cash Proceeds of the Acorn Specified Dispositions received by the Borrower or its Subsidiaries after the Closing Date.
The proceeds of the Certain Funds Advances shall be available (and the Borrower agrees that it shall use such proceeds) to fund a portion of the cash consideration for the Acorn Acquisition and to pay fees and expenses incurred in connection with the Acorn Transactions.
The submission by the Borrower to the Paying Agent of a Notice of Borrowing for a Certain Funds Advance and the acceptance by the Borrower of the proceeds of such Certain Funds Advance made hereunder shall constitute a representation and warranty by the Borrower as of the Acorn Closing Date that all conditions contained in this Section 3.03 have been satisfied.
Any termination of the Acorn Closing Date Additional Commitments pursuant to this Section 2.05(d) shall be permanent.
For purposes of this Section 2.04(a), each Lender’s Unused Commitment shall include such Lender’s Acorn Closing Date Additional Commitment from the date that is 60 days after the Effective Date until such Acorn Closing Date Additional Commitments are terminated in accordance with this Agreement.