Examples of Pending Loans in a sentence
The U.S. --------------------------------------------- Borrowers shall make prepayments of Working Capital Loans to the extent necessary such that the sum of (i) the aggregate principal amount of the Working Capital Loans outstanding at any time, plus (ii) ---- the aggregate Letter of Credit Obligations at such time, plus (iii) ---- the aggregate Pending Loans at such time, does not exceed the Working Capital Amount at such time.
Any Loans that have not closed and funded by the Closing (“Pending Loans”) shall be automatically removed from Schedule 1.1(b), and the Seller shall, to the extent permitted by law, transfer all information concerning such Pending Loans to Buyer, which shall be responsible for any further actions (including, without limitation, any ultimate extension of credit through the origination and funding thereof) with respect to the Pending Loans.
With respect to any Annual Period, from and after the Third Restatement Effective Date, a test that is satisfied so long as no more than two Rating Pending Loans either (i) received a Xxxxx’x Rating Factor higher than the Xxxxx’x Rating Factor assigned to such Rating Pending Loan under clause (C)(I) of the definition of Moody’s Default Probability Rating or (ii) failed to receive a Moody’s Credit Estimate within 90 days following the date the Borrower acquired such Loan.
The --------------------------------------------- Borrower shall make prepayments of Working Capital Loans to the extent necessary such that the sum of (i) the aggregate principal amount of the Working Capital Loans outstanding at any time, plus (ii) the aggregate Letter of Credit Obligations at such time, plus (iii) the aggregate ---- Pending Loans at such time, does not exceed the Working Capital Amount at such time.
With respect to any Annual Period, from and after the Third Restatement Effective Date, a test that is satisfied so long as no more than two Rating Pending Loans either (i) received a Xxxxx’x Rating Factor higher than the Xxxxx’x Rating Factor assigned to such Rating Pending Loan under clause (C)(I) of the definition of Xxxxx’x Default Probability Rating or (ii) failed to receive a Xxxxx’x Credit Estimate within 90 days following the date the Borrower acquired such Loan.
Pending Loans - at any time, the aggregate principal amount of all Revolving Loans requested in any Notice(s) of Borrowing previously received by the Lender but not yet advanced at such time.