Examples of Incremental Loan Lender in a sentence
The elderly population aged (65 years and over) constitute 3.0% of the total population, 3.4% in the West Bank and 2.5% in Gaza Strip.118 The disparity between the young and old could play a crucial role in the establishment of a Palestinian state.
By: RiverSource Investments, LLC as Collateral Manager, as a 2006 Incremental Loan Lender By:/s/Xxxxxxx X.
Subject to the terms hereof, and solely the conditions set forth in Section 5.3 of this Agreement, each New Incremental Loan Lender agrees to make New Incremental Loans to the Borrower on the New Incremental Loan Funding Date denominated in dollars in a principal amount of (but not exceeding) such New Incremental Loan Lender’s New Incremental Loan Commitment.
The Agent shall have received such other ---------------------- approvals, opinions and documents as any Incremental Loan Lender, through the Agent, may reasonably request and all legal matters incident to the making of such Incremental Loans shall be reasonably satisfactory to the Agent.
For purposes of the Credit Agreement, the initial notice address of the Incremental Loan Lender shall be as set forth below its signature below.
As of the Incremental Loan Effective Date, upon satisfaction or, as applicable, waiver of the conditions set forth in this Section 2.01(c) and Section 5.03 and the making of the Incremental Loans, Administrative Agent shall record the information contained in the Incremental Loan Agreement in the Register and give prompt notice of the Incremental Loan Commitments to Borrowers and the Lenders (including each Incremental Loan Lender).
Each Incremental Loan Lender severally agrees, on the terms and conditions of this Agreement, to make loans on a revolving credit basis through its Applicable Lending Office to the Borrowers from time to time from and including the Activation Date to but excluding the Incremental Loan Commitment Expiration Date (each an "Incremental Loan" and, collectively, the "Incremental Loans") in an aggregate principal amount up to but not exceeding its Incremental Loan Commitment.
The obligation of each Incremental Loan Lender of any Series to make an Incremental Loan of such Series is subject to the satisfaction of the following additional conditions.
The Borrower shall provide the Administrative Agent, Ad Hoc Group of Lenders, the Lenders and the New Incremental Loan Lender Advisors with updates of any material developments in connection with the Loan Parties’ reorganization efforts, whether in connection with the Chapter 11 Cases or otherwise.
Notwithstanding the foregoing, the Incremental Loan Commitments shall not be effective with respect to any Incremental Loan Lender unless Borrowers comply with each condition set forth in Section 5.03; provided, however, that the Incremental Loan Lenders may, collectively, waive any such condition in their discretion.