Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group.
Group Advance Limit means for each Lender Group, as of any date of determination, the sum of the Commitments of the Liquidity Banks or the Institutional Lender, as applicable, for such Lender Group.
Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group. “Guarantor Event of Default” means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
Examples of Group Advance Limit in a sentence
If any Conduit Lender declines to make all or any part of a proposed Advance, the Lender Agent for such Conduit Lender shall so notify the Liquidity Banks in its Lender Group and the applicable portion of the Advance shall be made by such Liquidity Banks in accordance with their ratable shares of the Group Advance Limit for their Lender Group.
The Notes shall be dated the Effective Date, or, if later, the date on which a Lender becomes party to this Agreement and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Revolver Notes shall be dated the Effective Date, or, if later, the date on which a Lender becomes party to this Agreement and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Notes shall be dated the Closing Date and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Notes shall be dated the Effective Date or if later, the date on which a Lender becomes a party to this Agreement, and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
More Definitions of Group Advance Limit
Group Advance Limit with respect to the New Lender Group is $[_____]. NEW LENDER[S]: [NEW LENDER] By:_______________________ Name: Title: Address for notices: [Address] NEW MANAGING AGENT: [NEW MANAGING AGENT] By:_______________________ Name: Title: Address for notices: [Address] Consented to this ___ day of ___________, 20__ by: KEYBANK NATIONAL ASSOCIATION, as Administrative Agent By:_______________________ Name: Title: TRINCAP FUNDING, LLC, as Borrower By: Trinity Capital Inc., its sole and managing member By:_______________________ Name: Title: TRINITY CAPITAL INC., as Servicer By:_______________________ Name: Title:
Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group. “Guarantors” is defined in Section 5.1(rr). “Guaranty” is defined in Section 5.1(rr). “Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes, and other substances or wastes of any nature regulated under or with respect to which liability or standards of conduct are imposed pursuant to any Environmental Law. “Health Care & Life Sciences Company” means and includes Obligors that operate a business within any Target Industry set forth in clause (a) of the definition thereof as determined in accordance with the Investment Policy. “Increased Costs” means any amounts required to be paid by the Borrower to an Affected Party pursuant to Section 2.12. “Indebtedness” means, with respect to any Person as of any date, (i) indebtedness of such Person for borrowed money, (ii) obligations of such Person evidenced by bonds, debentures, notes or other similar instruments related to transactions that are classified as financings under GAAP, (iii) obligations of such Person to pay the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of business and repayable in accordance with customary trade practices), (iv) obligations of such Person as lessee under leases which shall have been or should be, in accordance with GAAP, recorded as capital leases, (v) obligations secured by a Lien upon property or assets owned (under GAAP) by such Person, even though such Person has not assumed or become liable for the payment of such obligations and (vi) obligations of such Person under direct or indirect guaranties in respect of, and obligations (contingent or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor, against loss in respect of, indebtedness or obligations of others of the kinds referred to in clauses (i) through (v) above. “Indemnified Amounts” is defined in Section 9.1. “Indemnified Party” is defined in Section 9.1. “Indemnified Taxes” is defined in Section 2.13.
Group Advance Limit with respect to the New Lender Group is $[___].
Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group. “Guarantor Event of Default” means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty. “Hedge Breakage Costs” means, for any Hedge Transaction, any amount payable by the Borrower for the early termination of that Hedge Transaction or any portion thereof. “Hedge Collateral” is defined in Section 5.2(b). “Hedge Counterparty” means KeyBank, BB&T or any other entity that (a) on the date of entering into any Hedge Transaction (i) is an interest rate swap dealer that is either a Lender or an Affiliate of a Lender, or has been approved in writing by the Administrative Agent (which approval shall not be unreasonably withheld), and (ii) has a short-term unsecured debt rating of not less than A-1 by S&P and not less than P-1 by Xxxxx’x, and (b) in a Hedging Agreement (i) consents to the assignment of the Borrower’s rights under the Hedging Agreement to the Administrative Agent pursuant to Section 5.2(b) and (ii) agrees that in the event that S&P or Xxxxx’x reduces its short-term unsecured debt rating below A-1 or P-1, respectively, it shall transfer its rights and obligations under each Hedging Transaction to another entity that meets the requirements of clause (a) and (b) hereof or make other arrangements acceptable to the Administrative Agent and the Rating Agencies. 30
Group Advance Limit with respect to the New Lender Group is $22,000,000.00.
Group Advance Limit with respect to the New Lender Group is $[______]. NEW LENDER[S]: [NEW LENDER] By: Name: Title: Address for notices: [Address] NEW MANAGING AGENT: [NEW MANAGING AGENT] By: Name: Title: Address for notices: [Address] Consented to this ___ day of ___________, 20__ by: KEYBANK NATIONAL ASSOCIATION, as Administrative Agent Name: Title: TRINCAP FUNDING, LLC, as Borrower By: Trinity Capital Inc., its sole and managing member By: Name: Title: TRINITY CAPITAL INC., as Servicer By: Name: Title:
Group Advance Limit with respect to the New Lender Group is $[ ]. NEW LENDER[S]: [NEW LENDER] By: Name: Title: Address for notices: [Address] Exhibits and Schedules (Gladstone – Sixth Amended and Restated Credit Agreement) NEW MANAGING AGENT: [NEW MANAGING AGENT] By: Name: Title: Address for notices: [Address] Consented to this day of , 20 by: KEYBANK NATIONAL ASSOCIATION as Administrative Agent By: Name: Title: GLADSTONE BUSINESS LOAN, LLC as Borrower By: Name: Title: GLADSTONE MANAGEMENT CORPORATION, as Servicer By: Name: Title: Exhibits and Schedules (Gladstone – Sixth Amended and Restated Credit Agreement) Exhibits and Schedules (Gladstone – Sixth Amended and Restated Credit Agreement)