Examples of Interim Loan Commitment in a sentence
Such Senior Interim Loans (i) shall be incurred and maintained (except as provided in Section 2.6 and 2.10 hereof) as LIBOR Loans, (ii) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (iii) shall not exceed for any such Lender the Senior Interim Loan Commitment of such Lender and (iv) shall not exceed in the aggregate the Total Senior Interim Loan Commitment.
Such Senior Subordinated Interim Loans (i) shall be incurred and maintained (except as provided in Sections 2.6 and 2.10) as LIBOR Loans, (ii) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (iii) shall not exceed for any such Lender the Senior Subordinated Interim Loan Commitment of such Lender and (iv) shall not exceed in the aggregate the Total Senior Subordinated Interim Loan Commitment.
The Interim Loan Commitment is duplicative of, and not in addition to, the Facility-2 Commitment, and utilization or reduction of one shall automatically utilize or reduce the other.
The making of a Loan by an SPV hereunder shall utilize the Senior Interim Loan Commitment of the Granting Lender to the same extent, and as if, such Loan were made by such Granting Lender.
Each Lender shall make its Interim Loan Commitment Percentage of the Interim Loan Committed Amount available to the Administrative Agent by 1:00 p.m. on the Closing Date by deposit, in Dollars, of immediately available funds at the Agency Services Address.
Each Lender shall have the right at any time to sell, assign, transfer or negotiate (collectively, a "SYNDICATION") all or any portion of its Interim Notes or its Interim Loan Commitment in an aggregate amount of not less than $10,000,000 to any Eligible Assignee.
Subject to the terms and conditions set forth in this Agreement, QUALCOMM agrees to make, or cause to be made, Additional Interim Loans to Borrower from time to time after the applicable conditions precedent in Section 3 have been satisfied (or waived by QUALCOMM) in an aggregate amount up to $100,000,000.00 (the "Additional Interim Loan Commitment").
The Interim Loan Commitment hereunder shall terminate on the earlier of (i) the termination of the Stock Purchase Agreement in accordance with its terms or (ii) November 8, 2004 if no portion of the Interim Loan has been funded on or before such date.
Subject to the terms and conditions set forth in this Agreement, QUALCOMM agrees to make Additional Interim Loans to Borrower from time to time after the applicable conditions precedent in Section 3 have been satisfied (or waived by QUALCOMM) in an aggregate amount up to $100,000,000.00 (the "Additional Interim Loan Commitment").
The repayment of Additional Interim Loans shall not reinstate the Additional Interim Loan Commitment.