Examples of GE Loan Agreement 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.
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.
This may include specialist intervention and one to one sessions as well as referral to external agencies if needed.
In August 2012, all outstanding borrowings under the G.E. Loan Agreement were repaid from the proceeds of the Umpqua Loan Agreement.
As a result of the receipt of the notice that we received from BARDA on April 4, 2014 advising us of its decision to de-scope the current SparVax® anthrax vaccine contract through a partial termination for convenience, GE Capital could assert that there has occurred an event of default under the GE Loan Agreement, which would allow GE Capital to terminate the commitment and the loans under the GE Loan Agreement and declare any or all of the obligations thereunder to be immediately due and payable.