Certain Funds Loan definition

Certain Funds Loan means a Loan made or to be made during the Certain Funds Period.
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Certain Funds Loan means any Loans utilized for
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Certain Funds Loan any Loans utilized for
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Examples of Certain Funds Loan in a sentence

  • Each such notice shall specify (i) the principal amount of the Loan requested, (ii) the proposed Drawdown Date of such Loan, (iii) the Interest Period for such Loan (if applicable), (iv) the Type of such Loan, (v) the currency of such Loan to be borrowed and (vi) whether such Loan is a Certain Funds Loan.

  • Each Loan Request shall be irrevocable and binding on BGI, Xxxxxx Germany, Xxxxxx Luxembourg and/or Xxxxxx Switzerland, as the case may be, and shall obligate such Borrower to accept the Loan requested from the Lenders on the proposed Drawdown Date; provided that any Loan Request for a Certain Funds Loan delivered pursuant to this Section 2.06(a) may be conditioned on the effectiveness of the Merion Acquisition.


More Definitions of Certain Funds Loan

Certain Funds Loan means a Loan the proceeds of which are designated by the Borrower to be used for, and are exclusively used for, funding the acquisition by Newco of Target Shares (including any options held in such Target Shares) pursuant to the Acquisition (including by using the procedure under Section 979 of the 2006 Companies Act) or refinancing Target Debt or existing Indebtedness under the Existing Credit Agreement.
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Certain Funds Loan means each Loan the proceeds of which are used solely for Certain Funds Purposes.
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Certain Funds Loan has the meaning given to that term in Section 4.04.
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Certain Funds Loan means the Facility B Loan made or to be made during the Certain Funds Period where the Facility B Loan is to be made solely for the purposes set out in clause 3.1(a);
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Certain Funds Loan. A single drawing of Revolving Credit Loans denominated in Dollars by BGI made during the Certain Funds Period where such Revolving Credit Loans are to be made solely to BGI and to finance a Certain Funds Purpose in an aggregate amount not to exceed the Certain Funds Sublimit.
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Related to Certain Funds Loan

  • Term Loan as defined in Section 2.1.

  • Senior Secured Loan means any interest in a loan, including any assignment of or participation in or other interest in a loan, that (i) is not (and is not expressly permitted by its terms to become) subordinate in right of payment to any obligation of the obligor in any bankruptcy, reorganization, arrangement, insolvency, moratorium or liquidation proceedings (other than pursuant to a Permitted Working Capital Lien and customary waterfall provisions contained in the applicable loan agreement), (ii) is secured by a pledge of collateral, which security interest is (a) validly perfected and first priority under Applicable Law (subject to liens permitted under the applicable credit agreement that are reasonable for similar loans, and liens accorded priority by law in favor of any Governmental Authority) or (b)(1) validly perfected and second priority in the accounts, documents, instruments, chattel paper, letter-of-credit rights, supporting obligations, deposit accounts, investments accounts and any other assets securing any Working Capital Revolver under Applicable Law and proceeds of any of the foregoing (a first priority lien on such assets a "Permitted Working Capital Lien") and (2) validly perfected and first priority (subject to liens for taxes or regulatory charges and any other liens permitted under the related underlying instruments that are reasonable and customary for similar loans) in all other collateral under Applicable Law, and (iii) the Portfolio Manager determines in good faith that the value of the collateral for such loan (including based on enterprise value) on or about the time of acquisition equals or exceeds the outstanding principal balance of the loan plus the aggregate outstanding balances of all other loans of equal or higher seniority secured by a first priority Lien over the same collateral. For the avoidance of doubt, debtor-in-possession loans and FLLO Loans shall constitute Senior Secured Loans.

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • PIK Loan has the meaning set forth in Section 3.02(d).

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.