Conditions Precedent to All Borrowings definition

Conditions Precedent to All Borrowings. The making of each extension of credit under the Delayed-Draw Term Loan Facility after the Closing Date shall be conditioned upon (a) delivery of a customary borrowing notice, (b) the accuracy of representations and warranties in all material respects (subject to no double materiality standard) and (c) the absence of defaults or events of default at the time of, or immediately after giving effect to the making of, such extension of credit.
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Examples of Conditions Precedent to All Borrowings in a sentence

  • Conditions Precedent to All Borrowings 44 ARTICLE IV REPRESENTATIONS AND WARRANTIES Section 4.01.

  • Conditions Precedent to All Borrowings 57 Conditions Precedent to All Borrowings SECTION 3.03.

  • Conditions Precedent to All Borrowings....................................

  • Section 4.01 Conditions Precedent at Closing Date 76 Section 4.02 Conditions Precedent to All Borrowings and LC Issuances 79 ARTICLE V.

  • Conditions Precedent to All Borrowings Substantially the same as the Existing Credit Agreement.

  • Conditions Precedent to All Borrowings and Issuances of Letters of Credit 46 ARTICLE VI Affirmative Covenants SECTION 6.01.

  • Conditions Precedent to All Borrowings and Remittances of Collections..............................................

  • Generally, supervised persons will be permitted to serve as directors of charitable organizations with which Rondure does not have a business and/or financial relationship.

  • Conditions Precedent to All Borrowings 38 ARTICLE IV REPRESENTATIONS AND WARRANTIES Section 4.01.

  • Section 4.02 Conditions Precedent to All Borrowings and LC Issuances.

Related to Conditions Precedent to All Borrowings

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.