Examples of Additional Interim Loans in a sentence
The Additional Interim Loans, together with all accrued and unpaid interest (subject to the provisions set forth in Section 2.3(c)), shall be due and payable on the Special Loan Scheduled Maturity Date.
The parties shall cooperate to obtain all necessary consents, waivers and approvals with respect to the Additional Interim Loans as set forth in greater detail in Section 3.2.
Solely with respect to Additional Interim Loans advanced from the Tranche B Commitment pursuant to this Agreement, QUALCOMM shall have purchased from Electro Banque a participation under the Participation Agreement in the amount to be advanced.
Borrowings of Additional Interim Loans in each monthly period shall be permitted up to the amounts set forth for such relevant monthly period in the Additional Interim Loans Availability Schedule.
To request a Special Loan, Borrower shall notify QUALCOMM of such request by telephone not later than 11:00 a.m., San Diego time, at least five (5) Business Days before the date of the proposed Borrowing which shall be consistent with the Drawdown Schedule or the Additional Interim Loans Availability Schedule, as applicable.
Borrower shall use the proceeds of the Additional Interim Loans to operate in accordance with the Business Plan.
Borrower and the other members of the Borrower Group acknowledge that Electro Banque has no obligation to advance Additional Interim Loans from the Tranche B Commitment unless and until QUALCOMM purchases from Electro Banque, pursuant to the Participation Agreement, a participation in the amount to be advanced.
For borrowings of Additional Interim Loans, Borrower shall utilize, first, up to $31,000,000.00 from QUALCOMM's unused Facility-2 Commitment, second, the unused Tranche B Commitment (which is $61,915,173.00 as of the date of this Agreement) and, third, the other financing facilities contemplated to fund Additional Interim Loans referenced in Section 2.1(b).
Notwithstanding anything to the contrary in this Agreement, Borrower may accelerate the funding of Additional Interim Loans (if a change in market conditions so requires in order to achieve the commercial objectives of the Business Plan), subject to the prior written consent of QUALCOMM (which consent shall not be unreasonably withheld).
The repayment of Additional Interim Loans shall not reinstate the Additional Interim Loan Commitment.