Examples of Acquisition Facility Loan in a sentence
In addition, at least three (3) Business Days prior to the earlier to occur of (x) the date that the proposed funding of the Acquisition Facility Loan or (y) date such proposed acquisition is expected to be consummated, the Parent and UTI must have been available to the Agent and the Lenders to answer questions regarding the proposed acquisition and the documentation related thereto.
Amounts repaid on the Acquisition Facility Loan may not be reborrowed.
No amount of any Acquisition Facility Loan shall be reborrowed once repaid.
The Acquisition Facility Loan may consist of Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, provided, however, all Borrowings made on the Initial Acquisition Facility Loan Funding Date shall be made as Base Rate Loans.
In addition, since July, the company has designated the fifth business day of each month as a compliance day when all employees participate in training sessions with standardized content.