Examples of Available Loan Commitments in a sentence
After giving effect to any borrowing on the Closing Date, the amount of Available Loan Commitments (determined for this purpose only without giving effect to any L/C Obligation), together with any remaining cash on hand from the issuance of the Senior Secured Notes immediately after giving effect to the Transactions, shall equal or exceed $175,000,000.
The Administrative Agent and the Co-Collateral Agent shall have received a Borrowing Base Certificate in the form contemplated by Subsection 7.2(f), or such other form as may be reasonably acceptable to the Administrative Agent and the Co-Collateral Agent, setting forth, after giving effect to the Borrowings hereunder on the Closing Date, the Available Loan Commitments.
The Administrative Agent and the Co-Collateral Agent shall have received a Borrowing Base Certificate setting forth, after giving effect to the Borrowings hereunder on the Closing Date, the Available Loan Commitments equal to an amount not less than $400,000,000.
The Administrative Agent shall have received a Borrowing Base Certificate pursuant to subsection 7.2(f) setting forth, after giving effect to the Borrowings hereunder on the Closing Date, the Available Loan Commitments equal to an amount not less than $500,000,000.
Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Available Loan Commitments and the conditions set forth in Section 4.02.
The Borrower agrees to pay to the Lenders the unused-commitment fee to be shared pro rata among the Lenders with respect to the Loan Commitments for the period from and including the Closing Date to but excluding the Loan Commitment Expiration Date, based on the daily aggregate Available Loan Commitments from time to time in effect and computed at the Commitment Fee Rate.
The Available Loan Commitments and the Available Investor Commitment will be sufficient to finance the purchase of the Property and fund the other amounts to which the Requisition relates.
Based upon the Budget, (i) the Available Loan Commitments and the Available Lessor Commitments will be sufficient to complete the Improvement or Improvements for which the Requisition relates and (ii) the Budget is In Balance.
The Administrative Agent shall have received a Borrowing Base Certificate in the form contemplated by Section 7.2(f), or such other form as may be reasonably acceptable to the Administrative Agent, setting forth, after giving effect to the Borrowings hereunder on the Closing Date, the Available Loan Commitments.
The Borrowers, jointly and severally, agree to pay to the Lenders an unused-commitment fee to be shared pro rata among the Lenders with respect to the Loan Commitments for the period from and including the Closing Date to but excluding the Revolving Loan Commitment Expiration Date, based on the daily aggregate Available Loan Commitments from time to time in effect and computed at the applicable per annum rate set forth below.