Examples of Incremental Facility Notes in a sentence
Each payment and prepayment of principal of the Loans, and, except as provided in Section 2.2(e) and Article 10 hereof, each payment of interest on the Loans, shall be made to the Lenders having interest in the Loans being paid pro rata on the basis of their respective unpaid principal amounts outstanding under the Notes (including, if applicable, the Incremental Facility Notes) immediately prior to such payment or prepayment.
Each payment and prepayment of principal of the Loans, and, except as provided in Section 2.2(e) and Article 10 hereof, each payment of interest on the Loans, shall be made to the Lenders pro rata on the basis of their respective unpaid principal amounts outstanding under the Notes (including, if applicable, the Incremental Facility Notes) immediately prior to such payment or prepayment.
Each payment and prepayment of principal of the Loans, -------- and, except as provided in Section 2.2(e) and Article 10 hereof, each payment of interest on the Loans, shall be made to the Banks pro rata on the basis of their respective unpaid principal amounts outstanding under the Notes (and, if applicable, the Incremental Facility Notes) immediately prior to such payment or prepayment.
This leads to a simple averaging equation for Lever rule, but for Scheil model it is necessary to take into account the solidification history because of the non-uniform solid concentration in the representative volume.Lever rule: w=gsws +gl wl = (k +(1− k )gl )wlgss s l l ∫ l l lScheil model: w =g w +g w = kw*dg + g w0In the following applications, only the lever rule has been used because of its simplicity and also to compare with other codes.
The Revolving Loan Notes, Term Loan Notes, and, if applicable, the Incremental Facility Notes shall be issued by the Borrower to the Lenders and shall be duly executed and delivered by one (1) or more Authorized Signatories.