Examples of Administrative Agent Advances in a sentence
The Administrative Agent Advances shall be repayable on demand and be secured by the Collateral.
Special Administrative Agent Advances shall not constitute Loans but shall otherwise constitute Obligations hereunder.
Special Administrative Agent Advances shall be repayable on demand and together with all interest thereon shall constitute Obligations secured by the Collateral.
Interest on Permitted Administrative Agent Advances shall be payable at the Interest Rate then applicable and shall be payable on demand of the Administrative Agent or the Required Lenders.
Any payments made by or on behalf of Administrative Agent or any Tranche A Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations provided to or for the benefit of a Borrower shall constitute additional Tranche A Revolving Loans to such Borrower pursuant to this Section 2 (or Special Administrative Agent Advances as the case may be).
The expression of Schallamach is focused on tyre wear and is defined as A = γ · s · Fn (2.6)where A is the abrasive quantity, γ is the abrasion per unit energy dissipation, s is the sliding distance and Fn the normal force.
The making of any such Permitted Administrative Agent Advance on any one occasion shall not obligate the Administrative Agent or any Lender to make or permit any Permitted Administrative Agent Advance on any other occasion or to permit such Permitted Administrative Agent Advances to remain outstanding.
Permitted Administrative Agent Advances shall not constitute Term Loans but shall otherwise constitute Obligations hereunder.
After obtaining the prior written consent of the Required Lenders, the Administrative Agent is authorized by the Borrowers and the Lenders, from time to time in the Administrative Agent’s discretion, to make Permitted Administrative Agent Advances.
Borrower agrees to borrow from each Lender, and each Lender severally agrees to make advances of its Pro Rata Share of the Loan proceeds to Borrower in amounts at any one time outstanding not to exceed such Lender’s Pro Rata Share of the Loan and (except for Administrative Agent with respect to Administrative Agent Advances), on the terms and subject to the conditions set forth in this Agreement and Exhibit “C” and Exhibit “C-1”.