Examples of Credit Facility Borrowings in a sentence
The Parties acknowledge the distribution of $279,885,000 in the aggregate, consisting of net proceeds from Credit Facility Borrowings and the Offering, by the Partnership to MRD, Classic, BlueStone and WHT in accordance with the Contribution Agreements.
The Parties acknowledge the distribution of $[•] in the aggregate, consisting of net proceeds from Credit Facility Borrowings and the Offering, by the Partnership to MRD, Classic, BlueStone and WHT in accordance with the Contribution Agreements.
The Parties acknowledge the distribution of the Credit Facility Borrowings to the Property Contributors to be made on the Closing Date in accordance with the Property Contributor Cash Distributions.
The Parties acknowledge the payment of the indebtedness assumed from QRA and the indebtedness assumed from Black Diamond with the Credit Facility Borrowings by QR Operating and the distribution of the balance of such borrowings to the Property Contributors in accordance with the Property Contributor Cash Distributions.
Revolving Credit Facility: Borrowings under the Revolving Credit Facility mature on December 1, 2005.
The Parties acknowledge the payment of a distribution to New Source Energy with the Credit Facility Borrowings by the Partnership.
Upon the terms and subject to the conditions of this Agreement, including a release of the Purchased Shares Pledge by Seller and the receipt of the Credit Facility Borrowings by the Company, at the Closing, Seller shall sell, assign, transfer and convey, or cause to be sold, assigned, transferred and conveyed, to the Company, and the Company shall purchase, acquire and accept, the Purchased Shares.
Total Cash, excluding Restricted Cash$382,054$573,925 Total Revolving Credit Facility 600,000 500,000Letters of Credit Outstanding (53,677) (47,126)Revolving Credit Facility Borrowings Outstanding — —Revolving Credit Facility Availability 546,323 452,874 Total Liquidity (1)$928,377$1,026,799(1) On October 2, 2018 we entered into a $200.0 million 364-Day Credit Agreement to facilitate the acquisition of AV Homes.
As of March 31, 2020, annual principal and interest payments due under the 2019 term loan were as follows: Year Aggregate Minimum Payments(in thousands) 2020 2,0542021 14,6112022 14,8162023 13,9032024 3,018Thereafter —Total $ 48,402Less interest (6,501)Less unamortized portion of final payment (1,619)Total $ 40,282 Revolving Credit Facility Borrowings under the revolving credit facility accrue interest monthly at a floating interest rate equal to the greater of the prime rate or 5.50% per annum.
The Parties acknowledge the distribution of the Credit Facility Borrowings by the Partnership to the Property Contributors in accordance with the Property Contributor Cash Distributions.