Examples of German Revolving Loan in a sentence
Each German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it.
The German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it.
The German Subsidiary Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each German Lender the then unpaid principal amount of each German Revolving Loan of such German Lender on the Maturity Date.
Each German Revolving Loan shall be made as part of a Borrowing consisting of German Revolving Loans of the same Type made by the German Lenders ratably in accordance with their respective Applicable Percentage.
TheEach German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it.
In the event that the conditions set forth in Section 5.2 are not satisfied on or before the 90th day following the date hereof, the German Revolving Loan Commitment shall be null and void all references and provisions relating to the German Borrower and the German Revolving Loan Commitment shall be of no force or effect and this Agreement shall be read as if such provisions were removed from the Agreement.
The obligation of German Borrower to repay each Lender's German Revolving Loan shall be evidenced by a promissory note payable to the order of such Lender in a maximum principal amount denominated in Deutsche Marks having a Dollar Equivalent Amount equal to its prorata share of $80,000,000.
Newco shall be liable as borrower with respect to the Term Loans and the Initial German Revolving Loan and shall be liable as a guarantor to the extent provided for in the Guaranty and Collateral Agreement.
The programmatic changes proposed in this budget result in the elimination of only 180 positions (of which 150 are filled), almost all of which are tied to the agency consolidations described below.
Unless otherwise agreed by Agent and German Borrower, any German Revolving Loan requested by German Borrower and made by Agent or the Lenders hereunder shall be made to the German Designated Account.