BRF Loan Agreement definition
Examples of BRF Loan Agreement in a sentence
Borrowers have requested that Lender amend the FSA in order to permit Borrowers and the other Note Parties (as defined the BRF Loan Agreement) to amend and restate the BRF Loan Agreement in order to, among other things, allow for the incurrence by Borrowers and such other Note Parties of up to $12 million in additional secured indebtedness thereunder, which additional secured indebtedness shall constitute Non-ABL Creditor Obligations as defined in and subject to the Intercreditor Agreement.
March 24, 2020; the initial borrowing will occur on the effective date of the Second A&R Note Purchase Agreement; one or more additional borrowings may be incurred from time to time thereafter BRF Finance Co., LLC and each person who becomes a purchaser under the BRF Loan Agreement Up $12,000,000.00 in additional principal amount in the aggregate plus any interest paid in kind by adding such amount to the outstanding principal amount of the indebtedness.