New Financings definition

New Financings means proceeds from:
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New Financings means proceeds received after the date of the Agreement from:
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New Financings means, collectively, any financing or other arrangement entered into by Optionor (or any Affiliate of Optionor) after the Effective Date which relates to the Property, including, without limitation, any mezzanine or bridge financing, or amendments or extensions of the Existing Indebtedness.
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Examples of New Financings in a sentence

  • TABLE OF LEGACY CONVERTIBLE PROMISSORY NOTES Original Note Terms New Financings Beaufort Capital Partners, LLC:On July 18, 2016, the Company borrowed $4,500 from Beaufort Capital Partners under a Convertible Promissory Note (the “BCP-Note2”) with a face value of $6,000.

  • New Financings and Capital Structure Update ► New financing agreements since last quarter for over $160 million.

  • New Financings and Capital Structure Update ► New financing agreements and an amendment to an existing facility since last quarter resulting in additional funds in excess of $430 million.

  • Overview of New Financings $85.5 million Credit Facility • Financed 60% of purchase price of 6 recently acquired Ultramax bulkers• Loans matures February 2023• 15 year to zero age-adjusted repayment profiles• L+2.85%• SALT covenants (excl interest cover) + no debt service reserve accounts $19.55 million Japanese Lease Financing of SBI Rumba • Financed ~72% of market value (2015 blt Kamsarmax)• 9.5 year term + 6 months at company option• Implied interest rate of 4.23% (fixed).

  • Overview of New Financings $85.5 million Credit Facility$19.55 million Japanese Lease Financing of SBI Rumba • Financed 60% of purchase price of 6 recently acquired Ultramax bulkers• Loans matures February 2023• 15 year to zero age-adjusted repayment profiles• L+2.85%• SALT covenants (excl interest cover) + no debt service reserve accounts• Financed ~72% of market value (2015 blt Kamsarmax)• 9.5 year term + 6 months at company option• Implied interest rate of 4.23% (fixed).

  • New Financings update On November 24, 2021, we drew down, in two tranches, our previously announced $23.15 million term loan facility, through and secured by two of the Company’s dry bulk vessel ship-owning subsidiaries, those owning the Magic Rainbow and Magic Phoenix, and guaranteed by the Company.

  • Refer to note 20 for additional information regarding the New Financings announced subsequent to the reporting period.


More Definitions of New Financings

New Financings means this Facility, the OeKB Facility and the Bonds.
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New Financings means this Facility, the RCF Facility and the Bonds.
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New Financings has the meaning set out in Schedule 17 (RCF Covenant Terms).
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New Financings means various financings through credit facilities and bond issuance as described in the relevant financing documents of the Group Company.
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New Financings means this Facility, the OeKB Facility, the 2011 Bonds, the Austrian Bonds and the Bonds.
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Related to New Financings

  • New Financing has the meaning specified in Section 2.04(a).

  • Refinancings shall have a meaning correlative thereto.

  • Financings has the meaning ascribed to it in the preamble.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • Bridge Financing has meaning set forth in Section 7.6.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Exit Financing means the financing under the Exit Facility.

  • Permitted Refinancing Debt means any Debt that Refinances any other Debt, including any successive Refinancings, so long as:

  • Debt Financing has the meaning set forth in Section 5.7.

  • Specified Refinancing Debt has the meaning specified in Section 2.18(a).

  • Refinancing Debt means Debt that refunds, refinances, renews, replaces or extends any Debt permitted to be Incurred by the Company or any Restricted Subsidiary pursuant to the terms of this Indenture, whether involving the same or any other lender or creditor or group of lenders or creditors, but only to the extent that:

  • Refinancing Indebtedness means Indebtedness of the Issuer or any Restricted Subsidiary to refund, refinance, replace, exchange, renew, repay or extend (including pursuant to any defeasance or discharge mechanism) any Indebtedness existing on the date of this Indenture or Incurred in compliance with this Indenture including Indebtedness that refinances Refinancing Indebtedness; provided, however, that:

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Project financing gap means the part of the total project cost,

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Subsidiary Guarantor, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such acquisition, including, without limitation, all legal opinions and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.