Examples of GE Loan in a sentence
The GE Loan shall be evidenced by a mutually acceptable definitive loan agreement to be executed and delivered by GE and Emcore on or before the Closing Date (the "GE Loan Agreement").
The GE Loan Agreement shall contain (A) customary representations and warranties on the part of Emcore, (B) customary affirmative and negative covenants relating to Emcore and its business and (C) the general terms set forth on Schedule 3.01(a)(ii) attached hereto.
The back up system could be an oil boiler for a water bound heating system or the existing grid for an electrical heating system.
At or prior to the Merger Effective Time, all existing Debt of the Acquired Companies, including all outstanding principal amounts, any interest accrued thereon and any other fees or expenses payable thereunder, under the 2005 GE Loan Agreement shall have been repaid or redeemed, any Encumbrances that existed in connection therewith shall have been released and discharged and the Company Parties shall have delivered to Parent evidence satisfactory to Parent of the foregoing.
As a result of the early repayment of the G.E. Loan Agreement, the Medical Center recognized an aggregate loss of $308,474 during 2012, which resulted from a prepayment penalty of $100,000 and the write-off of unamortized deferred financing costs of $208,474.
Nine Million Five Hundred Thousand Dollars ($9,500,000.00) of the initial advance of the Loans shall be used to repay sums received by SL Delaware from the GE Lenders pursuant to SECTION 2.01 of the GE Loan Agreement, and the remainder of the initial advance shall be used to repay outstanding obligations of Borrowers to the GE Lenders under the GE Loan Agreement.
Lender shall have received payment in full in cash of (i) that portion of the Obligations in excess of the borrowing base and other limitations set forth in the GE Loan Agreement, and (ii) that portion of the Liabilities in excess of the borrowing base and other limitations set forth in the TCFC Loan Agreement.
The proceeds from the Umpqua Loan Agreement were used primarily to refinance the balance payable under a loan agreement with G.E. Capital (the G.E. Loan Agreement) in order to obtain a more favorable interest rate.
To secure Hertz’s obligations under the GE Credit Agreement, the GE Collateral Agreement and the other GE Loan Documents, Hertz has pledged and assigned to the GE Collateral Agent for the secured parties under the GE Collateral Agreement a security interest in all right, title and interest in, to and under this Agreement insofar as it relates to GE Financed Vehicles and the QI consents to such assignment.
A Uniform Commercial Code Search, indicting that the Membership Interests and the limited liability company interests in AFE and the Subsidiaries are unencumbered by an lien, encumbrance or other security interest thereon, except for liens, encumbrances or security interests in favor of GE pursuant to the GE Loan, and federal and state law searches for Seller and each of the Subsidiaries indicating the absence of any bankruptcy proceeding, federal or state tax lien, litigation and unsatisfied judgments.