Examples of Incremental Term Loan Funding Date in a sentence
If the Company shall fail to indicate whether the Incremental Term Loan is to be initially funded as Eurodollar Rate Loans or ABR Loans by 11:00 A.M. (New York, New York time) on the third Business Day prior to the Incremental Term Loan Funding Date, then the full amount of the Incremental Term Loan shall be disbursed on the Incremental Term Loan Funding Date as an ABR Loan.
The obligations of the Lenders providing the Incremental Term Loan to make the Incremental Term Loan shall be, in addition to the conditions precedent specified in Section 4.2, subject to prior or concurrent satisfaction of each condition agreed to by the Company, all Lenders providing the Incremental Term Loan and the Administrative Agent in writing prior to the Incremental Term Loan Funding Date.
Her evidence is that in February 2019, a Project Engineer was employed by the Queensland Branch, on Mr Williams’ recommendation.
The Incremental Term Loan Commitments under a given Tranche (and the Incremental Term Loan Commitment of each Lender in respect of such Tranche) shall terminate in its entirety on the Incremental Term Loan Funding Date for such Tranche of Incremental Term Loans (after giving effect to the incurrence of the Incremental Term Loans of such Tranche on such date).
With effect from the 2018 Incremental Term Loan Funding Date, each 2018 Incremental Term Loan shall be a “Term Loan” under the Amended Credit Agreement.
A “local government attorney’s office” means a city, county, or town attorney’s office that serves as in‐house counsel to a Virginia local government.
On the terms and subject to the conditions contained in the First Amendment, each Incremental Term Loan Lender severally, but not jointly, agrees to make a loan (each an “Incremental Term Loan”) in Dollars to the Borrower on the Incremental Term Loan Funding Date in an amount not to exceed such Lender’s Incremental Term Loan Commitment.
The 2024 Incremental Term Loans shall be initially incurred pursuant to a single Borrowing of SOFR Loans, with such Borrowing to be subject to (x) Interest Periods which commence on the 2024 Incremental Term Loan Funding Date and end on the last day of the Interest Period applicable to the Initial Term Loans and (y) the Adjusted Term SOFR Rate applicable to the Initial Term Loans.
Receipt by the Administrative Agent of payment of all fees, expenses and other amounts due and payable on or prior to the Incremental Term Loan Funding Date in connection with the establishment of the Incremental Term Loan.
All Interest Periods applicable to Initial Term Loans shall continue in effect after the 2024 Incremental Term Loan Funding Date.