Acquisition Facility Loans as defined in Section 2.4(a).
Acquisition Facility Loans has the meaning specified in Section 2.02.
Acquisition Facility Loans as defined in Section 2.4(a). “Acquisition Facility Maintenance Cap-Ex Extensions of Credit”: Acquisition Facility Loans and Acquisition Facility Letters of Credit which are used to finance Capital Expenditures for the maintenance of existing assets or property of the Loan Parties, as designated by the applicable Borrower in good faith. “Acquisition Facility Maintenance Cap-Ex Sub-Limit”: $25,000,000 during any Fiscal Year. USActive 56005294.156005294.9 -4-
Examples of Acquisition Facility Loans in a sentence
The Company shall repay the aggregate outstanding Term Acquisition Facility Loans in full on the Termination Date for the Term Acquisition Facility.
During the Acquisition Facility Commitment Period, the Borrowers may borrow, prepay the Acquisition Facility Loans in whole or in part, and reborrow Acquisition Facility Loans, all in accordance with the terms and conditions hereof.
During the Acquisition Facility Commitment Period, each Borrower may borrow, prepay the Acquisition Facility Loans in whole or in part, and reborrow Acquisition Facility Loans, all in accordance with the terms and conditions hereof.
More Definitions of Acquisition Facility Loans
Acquisition Facility Loans shall have the meaning assigned to such term in Section 4 hereof.
Acquisition Facility Loans means all of such loans, collectively. Acquisition Facility Maturity Date. October 30, 2004.
Acquisition Facility Loans means New Acquisition Loans, Existing CV Loans (except the Hilcoast Note Advance) and
Acquisition Facility Loans as defined in Section 2.4(a). “Acquisition Facility Maintenance Cap-Ex Extensions of Credit”: Acquisition Facility Loans and Acquisition Facility Letters of Credit which are used to finance Capital Expenditures for the maintenance of existing assets or property of the Loan Parties, as designated by the applicable Borrower in good faith. “Acquisition Facility Maintenance Cap-Ex Sub-Limit”: $25,000,000 during any Fiscal Year. “Acquisition Facility Maturity Date”: with respect to any Acquisition Facility Loan, the earliest to occur of (i) the date on which the Acquisition Facility Loans become due and payable pursuant to Section 9, (ii) the date on which the Acquisition Facility Commitments terminate pursuant to Section 4.1 and (iii) the Acquisition Facility Commitment Termination Date. “Acquisition Facility Working Capital Availability Time”: any time during the period commencing on August 1 of any year and ending on March 31 of the next year when the sum of the aggregate Available Dollar Working Capital Facility Commitments and aggregate Available Multicurrency Working Capital Facility Commitments is $0. “Acquisition Facility Working Capital Extensions of Credit”: Acquisition Facility Loans and Acquisition Facility Letters of Credit which are used for general working capital purposes, including to finance assets included in the U.S. Borrowing Base or the Kildair Borrowing Base. “Acquisition Facility Working Capital Letter of Credit”: each Acquisition Facility Letter
Acquisition Facility Loans shall have the meaning assigned to such term in Section 4 hereof. Adjustment Date shall mean the first day of the calendar month following the applicable Financial Statement Delivery Date. Affiliate shall mean, as applied to any Person, any other Person who, directly or indirectly, controls, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct the management and policies of a Person, whether through the ownership of Capital Stock, by contract, or otherwise; provided, however, that, if (a) any Person which owns directly or indirectly 50% or more of the securities having ordinary voting power for the election of directors or other members of the governing body of a Person or 50% or more of the partnership or other ownership interests of a Person (other than as a limited partner of such Person) shall be deemed to control such Person, and (b) each director (or comparable manager) of a Person described in the preceding clause (a) shall be deemed to be an Affiliate of such Person. Anniversary Date shall mean December 31, 2010, and the same date in every year thereafter. Apolo Transaction shall mean Parent’s acquisition on or about November 30, 2006 for approximately $42,000,000 cash (with $24,000,000 being paid at closing and the remainder being paid over the next eighteen (18) months) of fifty percent (50%) of the Capital Stock of Apolo Tubulars S.A., which was formerly known as Apolo Mecanica e Estruturas LTDA, with the remaining Capital Stock being held by Apolo Tubos e Equipamentos S.A., an affiliate of Grupo Xxxxxxx xx Xxxxxx. Applicable Margin shall mean, with respect to any amount outstanding made under any LIBOR Loans or Chase Bank Rate Loans, as the case may be, the rate of interest per annum determined as set forth below:
Acquisition Facility Loans subject to the following conditions:
Acquisition Facility Loans. 1.16 Section 2.8(b)(i) of the Credit Agreement shall be amended to insert immediately after the reference to "Tranche A Term Loans and Revolving Loans" in the pricing grid a reference to the following: