Examples of Increased Term Loans in a sentence
Amounts paid or prepaid in respect of Increased Term Loans or Additional Term Loans may not be reborrowed.
The exchange of Exchanged Term Loans with Refinancing Term Loans and the repayment of Existing Term Loans (other than the Exchanged Term Loans) with the proceeds of the Increased Term Loans and Additional Term Loans contemplated hereby collectively constitute a voluntary prepayment of the Existing Term Loans by the Borrower pursuant to Section 2.11 of the Credit Agreement and shall be subject to the provisions of Section 2.11 of the Credit Agreement.
The undersigned Term Lender hereby requests to purchase Increased Term Loans up to an aggregate principal amount no greater than $[ ].
Such notice of borrowing shall be irrevocable and shall be deemed a representation by the Borrowers that on the Second Amendment Effective Date and after giving effect to the Increased Term Loans, the applicable conditions specified in Article III have been and will be satisfied.
The proceeds of the Increased Term Loans shall be used to (a) fund Permitted Acquisitions after the Second Amendment Effective Date, (b) fund prepayments upon the Revolving Loans, (c) fund transaction costs in connection with Permitted Acquisitions and this Agreement and (d) fund working capital of the Borrowers.
On the Second Amendment Effective Date, the Borrower shall apply the aggregate proceeds of the New Term Loans of Exchanging Term Lenders electing the Cash Settlement Option, the Increased Term Loans and the Additional Term Loans (if any) to prepay in full the principal amount of all Existing Term Loans, other than Exchanged Term Loans of Exchange Term Lenders electing the Cashless Rollover Option.
For the avoidance of doubt, the Increased Term Loans do not constitute incremental facilities or New Term Loans subject to Section 2.24 of the Amended Credit Agreement, or incremental refinancing facilities or Refinancing Term Loans subject to Section 2.25 of the Amended Credit Agreement.
The decline began well before any clinical or cognitive symptoms werepresent, and is thus not an effect of cognitive impairment, but the authors did note that BMI was associated with lower cognitive performance, still within normal ranges.
The Increased Term Loans and the other Obligations constitute “Senior Debt” under the Senior Subordinated Note Indenture.
The conversion of Converted Term Loans into New Term Loans and the repayment of the Existing Term Loans (other than the Converted Term Loans) with the proceeds of the Increased Term Loans and the Additional Term Loans contemplated hereby collectively constitute a voluntary prepayment of the Existing Term Loans by the Borrower pursuant to Section 2.16 of the Credit Agreement and shall be subject to the provisions of Section 2.16 of the Credit Agreement.