Examples of Bank Financing Documents in a sentence
Rockside and the Royal Bank shall use reasonable efforts to co-operate in the realization of the Rockside Financing Documents and the Royal Bank Financing Documents.
Complete and correct copies of the Bank Financing Documents have been delivered to each of the Purchasers.
Net proceeds of private or public sales of Subordinated Indebtedness or equity securities by the Company or any of its Subsidiaries shall be used to prepay the Bridge Loan, plus accrued interest and any other amount payable thereunder, to the full extent of the net proceeds so received; provided that no default or event of default under the Bank Financing Documents then exists or would result from such prepayment.
Each of the representations and warranties of the Obligors (or any of them) contained in the Bank Financing Documents is true and correct in all material respects as of the date given.
The Borrowers shall deliver --------------------------------- to the Lender copies of each Compliance/Borrowing Base Certificate (as defined in the U.S. Bank Financing Documents) promptly, and in no event later than one (1) Business Day after delivery of such Compliance/Borrowing Base Certificate to U.S. Bank National Association pursuant to the U.S. Bank Financing Documents.
No event has occurred and is continuing and no condition exists or will exist after giving effect to the issue and sale of the Notes and the incurrence of the Indebtedness evidenced thereby, and to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Financing Documents and the Bank Financing Documents, which constitutes an Event of Default or Potential Default.
Each Purchaser shall have received executed counterparts, or copies, certified by the Company as true and correct, of the Bank Financing Documents and the same shall be reasonably satisfactory to the Purchasers.
Upon the closing of any Asset Sale (other than sales of inventory in the ordinary course of business) of the Company or Chancellor, an amount in cash equal to the Net Cash Proceeds so received from any such Asset Sale shall be used to prepay the Bridge Loan, plus accrued interest thereon and any other amount payable thereunder; provided that no default or event of default under the Bank Financing Documents then exists or would result from such prepayment.
The proceeds of the Bridge Loan shall be applied by the Company to finance the Acquisition, to effect the Bank Financing by repaying a portion of the Existing Credit Agreement indebtedness (as defined in the Bank Financing Documents) and to pay related fees and expenses (including the Transaction Costs).
Base Compensation means annual or annualized base compensation, ---- ------------ exclusive of overtime, bonuses, contributions to employee benefit plans, and other fringe benefits.