Examples of New Revolving Credit Loans in a sentence
The terms and provisions of the New Revolving Credit Loans and the New Revolving Credit Commitments shall be identical to the Revolving Credit Loans and the Revolving Credit Commitments, respectively.
The market engagement conducted around 2014 to 2015 was to assist the State on reducing the mobile expenditure.
All other terms not described herein and relating to the New Revolving Credit Loans shall be the same as the terms of the Initial Revolving Credit Loans.
Upon execution and delivery hereof, the Administrative Agent will record the Series [___] New Term Loans, New Revolving Credit Loans, and/or Additional Revolving Credit Loans, as the case may be, made by each New Loan Lender in the Register.
The Parent Borrower shall have repaid in full the outstanding Revolving Credit Loans, including with the proceeds of New Revolving Credit Loans.
The commitments of the New Revolving Credit Lenders are several, and no New Revolving Credit Lender shall be responsible for any other New Revolving Credit Lender’s failure to make New Revolving Credit Loans.
The final maturity date of the New Revolving Credit Loans shall be March 24, 2022.
The obligation of each New Revolving Credit Lenderto provide New Revolving Credit Commitments and to make New Revolving Credit Loans on the Amendment No. 2 Effective Date is subject to the satisfaction of the conditions to effectiveness set forth in Article IV hereof.
On the First Amendment Effective Date, the Parent Borrower shall apply the proceeds of New Revolving Credit Loans as necessary to prepay in full all Revolving Credit Loans and Swingline Loans then outstanding and pay all accrued and unpaid interest thereon, as well as all accrued and unpaid commitment fees and fees in respect of Letters of Credit payable on account of the Revolving Credit Commitments and all accrued and unpaid fronting fees in respect of outstanding Letters of Credit.
In the event of any default by Lessee, State shall have the right, with or without canceling the Agreement, to reenter the Premises and remove all persons and property from Premises and take whatever actions may be necessary or advisable to relet, protect or preserve the Premises.