New Debt Financing definition
Examples of New Debt Financing in a sentence
Upon and from and after each such event, the term “Debt Financing” as used herein shall be deemed to mean the Debt Financing contemplated by the Debt Commitment Letters that are not so superseded at the time in question and the New Debt Financing Commitments to the extent then in effect.
Upon and from and after each such event, the term “Debt Financing” as used in the preceding sentence shall be deemed to mean the Debt Financing contemplated by the Debt Commitment Letter that is not so amended or superseded at the time in question and the New Debt Financing Commitments to the extent then in effect.
For the avoidance of doubt, notwithstanding anything else in this Agreement to the contrary, the obligations of Purchaser to consummate the Contemplated Transactions are not conditioned upon the Company entering into the New Debt Financing.
Further, nothing in this Clause 27.7 shall in any way limit or qualify the liabilities of the parties to the agreements related to the New Debt Financing to each other thereunder or in connection therewith.
If Borrower or its constituent member(s) or the direct or indirect members of such constituent member(s) desires to obtain additional or replacement debt financing, which is in any way related to the Property, whether in the form of refinancing or restructuring of all or part of any existing debt financing or by obtaining additional debt financing (whether secured or unsecured) for any purpose (collectively, “New Debt Financing”), Borrower shall notify ▇▇▇▇▇▇ of its intent to seek such New Debt Financing.