New Loan Amount definition

New Loan Amount has the meaning given to such term in the Recitals.

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New Loan Amount means US$300,000,000;

New Loan Amount means US$18 million.

Examples of New Loan Amount in a sentence

If the New Loan Amount is less than the Maximum New Loan Amount, then each New Lender’s share of the New Loan will be in an amount equal to such New Lender’s pro rata share (based on the participation requested by each New Lender as a proportion of the Maximum New Loan Amount) of the New Loan Amount.
If the New Loan Amount will be less than the Maximum New Loan Amount, conforming changes will be made to the Definitive New Loan Documentation (defined below) in order to reflect the New Loan Amount as the stated amount of the New Loan.
No later than 15 business days prior to the Implementation Date, the Borrower shall notify JPM and the Administrative Agent of the aggregate principal amount of the New Loan that will actually be borrowed (the "New Loan Amount") by the Borrower on the Implementation Date, which amount shall not be less than US$250,000,000 nor more than US$300,000,000 (the "Maximum New Loan Amount").
All references in the Loan Documents to the amount of the Loan shall be revised to refer to the New Loan Amount set forth herein.
Such fee shall be deemed to have been fully earned upon execution of this Agreement, regardless of whether all or part of the New Loan Amount is actually funded.
If requested by Lender, the Borrower, any applicable member of the Borrower Control Group and the recipient of any portion of the proceeds of the New Loan Amount shall furnish to Lender a statement on Federal Reserve Form G-3 referred to in said Regulation U.
The New Loan Amount is secured and carry an interest rate of 30% per annum which was determined with reference to the factors including, among others, (i) the usual practice of the Group comparing to the Group’s other clients; and (ii) the rules under section 24 of the Money Lending Ordinance (Cap.
Within ten (10) Business Days following any request by Borrower, but not more than once per calendar quarter, Administrative Agent shall make a determination of the New Loan Amount, and shall provide Borrower with written notice of the same, in reasonable detail.
As used in this Agreement, "JPMSI’s Commitment Percentage" shall mean, the fraction equal to (i) the JPMSI Commitment Amount divided by (ii) the Maximum New Loan Amount, rounded to the nearest dollar amount.
The number of New Common Shares (when issued) equal to (x) 5,000,000 times (y) a fraction, the numerator of which is the Additional Backstop Amount and the denominator of which is the Maximum New Loan Amount.

More Definitions of New Loan Amount

New Loan Amount means, as of any date, an amount equal to the difference between:

New Loan Amount means the amount of the New Loan that will be borrowed by Tembec Industries on the Effective Date, which amount shall be US$300,000,000.

New Loan Amount means the principal amount of the New Senior Debt, as stated in the description of the New Senior Debt that appears in these Definitions. The New Loan Amount is subject to being reduced (a) by crediting the appraised value (as stated in the Plan) of Orchards Mall and Soup Lots upon consummation of the conveyance of Orchards Mall and Soup Lots to the Agent and/or the Senior Lenders or their designee, (b) absent consummation of the Senior Lender Settlement, by crediting Adequate Protection Overpayments in accordance with Article IV.I of the Plan.

New Loan Amount shall have the meaning ascribed thereto under Section ‎2.5 below.

New Loan Amount. All references in the Loan Documents to the amount of the Loan shall be revised to refer to the New Loan Amount set forth herein.