Examples of C Loan in a sentence
The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders of the same Class comprising such Borrowing, and the Tranche A Loans, Tranche B Loan and Tranche C Loan, as the case may be, comprising each such Type shall be considered a separate Borrowing.
A Facility C Borrower may, if it or the Company gives the Agent not less than 10 Business Days' (or such shorter period as the Facility A Lender may agree) prior notice, prepay the whole or any part of any Facility C Loan (but, if in part, being an amount that reduces the amount of that Facility C Loan by a minimum amount of £250,000).
No changes to an Interest Period shall be made without the consent of the Facility A Lender in respect of the Facility A Loan and the Facility B Lender in respect of the Facility B Loan and the Facility A Lender in respect of the Facility C Loan, as relevant.
Any prepayment of a Term Rate Loan or a Tranche C Loan shall be accompanied by all accrued interest thereon, together with any additional amounts required pursuant to Section 3.5. Each such prepayment of Committed Loans shall be applied to the Committed Loans of the appropriate Lenders in accordance with their respective Pro Rata Shares.
On the making of any Loan, other than the Subsequent Tranche C Loan, or the issuance of any Letter of Credit, the Fourth Amendment Approval Order shall have been entered, and on the making of the Subsequent Tranche C Loan, the Supplemental Approval Order shall have been entered, and in each such case the Approval Order shall not have been reversed, stayed, vacated or, without the Administrative Agent s consent, amended, supplemented or modified.