Anticipated Financing definition
Examples of Anticipated Financing in a sentence
Further, any such Business Plan may have the effect of reducing amounts payable under the Management Agreement so long as the Anticipated Financing remains outstanding.
The Joint Meeting covenants and agrees that it shall undertake and complete in a timely manner all conditions precedent identified by the I-Bank relating to (i) the participation by the Local Unit in the Anticipated Financing Program and (ii) the qualification by the Local Unit for receipt of the Anticipated Long Term Loan.
Bidder shall promptly provide BAM with copies of all written, electronic and facsimile communications between the Lender and Bidder or any of its Affiliates relating to the Anticipated Financing.
Bidder knows of no fact or condition which would alone or together with any other fact or condition result in the termination or modification of the Commitment Letter or a failure by the Lender to enter into the Financing Documents or issue the Anticipated Financing.
The Lender has not notified Bidder or otherwise communicated to Bidder the existence of any fact or condition which would alone or together with any other fact or condition result in the termination or modification of the Commitment Letter or cause the Lender to fail to enter into the Financing Documents or issue the Anticipated Financing.
HoldCo Sub shall use the proceeds of the Anticipated Financing to make at Closing the Financing Cash Distribution.
The Company, directly or indirectly, maintaining, creating, incurring, assuming or permitting to exist any Encumbrance (other than Encumbrances on the membership interests in HoldCo Sub granted to the Lender to secure the Anticipated Financing) on or with respect to any property or asset (including any document or instrument in respect of goods or accounts receivable) of the Company, whether now owned or hereafter acquired, or any income or profits therefrom.
The engagement by the Company in any line of business other than the ownership of 99.999% of the percentage interests in OpCo, the performance of its duties and obligations under the Management Agreement, the borrowing of the Anticipated Financing, the making of the Financing Distribution, engaging in the business of acquiring or constructing, owning or leasing, and maintaining and operating communications towers in the United States and performing all business activities related thereto.
The purpose of HoldCo Sub is to own 99.999% of the Percentage Interests in OpCo, to perform its duties under the Management Agreement, to issue the Anticipated Financing (hereinafter defined), to make the distributions that it is obligated to make under this Agreement, and to conduct all business activities related thereto.
Capital Contributions; Opening Capital Account Balances; Certain Contributions by TRG and ▇▇▇▇-Co IV 13 Section 4.2 Anticipated Financing 13 Section 4.3 No Requirement of Further Contributions 14 Section 4.4 Return on Capital Contributions and Capital Accounts 14 Section 4.5 Capital Accounts 14 Section 4.6 Membership Interests; Percentage Interests 16 V - ALLOCATIONS; PROFITS AND LOSSES; DISTRIBUTIONS; BANK ACCOUNTS; BOOKS OF ACCOUNT; TAX RETURNS; ACCOUNTING AND REPORTS; COMPANY FISCAL YEAR.