Examples of Effective Date Term Loan in a sentence
On the Effective Date, Term Loan Secured Claims shall be Allowed in the aggregate principal amount of $644,101,000, plus any accrued but unpaid interest, fees, and other expenses arising under or in connection with the Term Loan Credit Agreement.
Commencing February 1, 2017, and continuing on the 1st day of each consecutive month until the Maturity Date, the Borrower shall make fifty-nine (59) consecutive monthly payments of principal and interest in the amount of $142,841.81 each, and a final payment of the then entire unpaid principal balance of the Effective Date Term Loan, plus accrued interest, on the Maturity Date.
We also note on the Council planning portal that neither the original nor amended drawings are attributed to the planning application whereas both are attributed with the listed building application.
In addition, the Total Term Loan Commitment, the Effective Date Term Loan Commitment and the Delayed Draw Term Loan Commitment of each Lender shall be terminated in accordance with Section 2.01(b).
The obligation of the Borrower to repay all Obligations from time to time evidenced by the Effective Date Term Loan Account plus accrued interest thereon shall be reflected by the promissory note of the Borrower of even date herewith in the face principal amount of $15,000,000 payable to the order of the Lender in substantially the form of Exhibit A-2 hereto (as from time to time amended, restated, supplemented or otherwise modified from time to time and in effect, the “Effective Date Term Note”).
Restatement Effective Date Term Loan 7.419% (1 Month SOFR + 2.00%), due 1/15/27 (b)2,646,8752,641,161Hercules Achievement, Inc.
The Lender shall debit to the Effective Date Term Loan Account, and the Effective Date Term Loan Account shall evidence, the principal amount of the Effective Date Term Loan made hereunder, and the Lender shall credit the Effective Date Term Loan Account with all principal payments made on account of the Indebtedness evidenced by the Effective Date Term Loan Account.
The principal amount of Indebtedness evidenced by the Effective Date Term Loan Account or the Delayed Draw Term Loan Account prepaid pursuant to the provisions of this subsection may not be reborrowed.
Funding for some centrally provided services must be allocated direct to schools through the formula but can then be returned to the LA by maintained schools via local de-delegation agreement.
Scheduled installments of principal of the New Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the New Term Loans, in accordance with Sections 2.09, 2.11 and 2.12 of the Credit Agreement respectively; and the New Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Restatement Effective Date Term Loan Maturity.