Examples of Interim Loans in a sentence
Interest on all Interim Loans shall be payable as provided therein.
The Interim Loans shall be evidenced by promissory notes in the form attached hereto as Exhibit "B" ("Interim Note").
Lender shall consolidate all Interim Loans and convert them to a Term Loan evidenced by a Term Note or Notes.
The Administrative Agent shall promptly give each Lender written notice (or telephonic notice promptly confirmed in writing) of the proposed Borrowing of Senior Interim Loans, of such Lender’s proportionate share thereof and of the other matters covered by the related Notice of Borrowing.
The principal amount due under the Interim Loans shall be due as provided in the Interim Notes, at which time, provided no Event of Default hereunder has occurred and is continuing or event which with the passing of time or giving of notice or both would become an Event of Default hereunder has occurred and is continuing.