Examples of New Money Term Loans in a sentence
Notwithstanding anything to the contrary herein or in the DIP Documents, the claims and liens in respect of the DIP Roll-Up Loans shall be subject and subordinate to the claims and liens in respect of the DIP New Money Term Loans in all respects.
The substitution and exchange of Prepetition Credit Facility Debt under the Prepetition Credit Facility by “rolling-up” such amounts into DIP Obligations as described in this paragraph 11 shall be authorized as compensation for, in consideration for, as a necessary inducement for, and on account of the agreement of the DIP Lenders to fund the DIP New Money Term Loans and not as adequate protection for, or otherwise on account of, any Prepetition Credit Facility Debt.
The Administrative Agent and the Lenders shall have received a Notice of Borrowing with respect to the New Money Term Loans meeting the requirements of Section 2.3.
Such Notice of Borrowing shall specify (i) the aggregate principal amount of New Money Term Loans to be borrowed, (ii) the date of the Borrowing (which shall be a Business Day) (the “Borrowing Date”) and (iii) wire instructions for the account where funds should be sent.
The New Money Term Loans shall be available in Dollars and not later than the Maturity Date, all then unpaid New Money Term Loans shall be repaid in full in Dollars.
The Interim New Money Term Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Term Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans.
The Final New Money Term Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Term Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans.
Each Term Lender’s Term Commitment shall terminate immediately and without any further action upon the making of such Final New Money Term Loans by such Term Lender.
You may access the Texas Woman’s University Open Records Request process on the Office of General Counsel website at http://www.twu.edu/general-counsel/public- information.asp.PROPOSER’S QUESTIONNAIRE The proposer recognizes that in selecting a supplier, TWU will rely in part on the answers provided in response to this section.
GAO also found that even with the general increase in projected leveraging, 79 percent of the budgeted funds in mixed-finance projects that HUD had approved through fiscal year 2001 came from federal sources.