Examples of GFX Loans in a sentence
Additionally, except in the case of a Test Draw, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital of the Company on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.
Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of Surplus Funds on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.
Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.
Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of Surplus Funds on any given day.