Permanent Financings definition

Permanent Financings means the issuance by the Borrower of unsecured debt securities and/or the borrowing of term loans (or, at the Borrower's option, issuance of equity or other securities) in connection with financing the Transactions (other than the Advances hereunder).
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Permanent Financings means the issuance by the Borrower of unsecured debt securities and/or the borrowing of term loans (or, at the Borrower’s option, issuance of equity or other securities) in connection with financing the Transactions (other than the Advances hereunder).
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Examples of Permanent Financings in a sentence

  • The Gross Proceeds plus Loan proceeds from Permanent Financings and the Line of Credit that are used to make or acquire Properties, Loans and other Permitted Investments.

  • Notwithstanding the foregoing and prior to the Closing, IPtimize may: (i) reincorporate in Delaware; (ii) consummate the Reverse Split; (iii) create 2007 Equity Incentive Plan and reserve two million shares for issuance thereunder; (iv) consummate its presently proposed pre-bridge and Permanent Financings; and (v) enter into an After Market Support Agreement with Xxxxxxx After Market Support, LLC and issue shares of Common Stock thereunder.

  • The Borrower's and the Acquired Business' cash on hand together with the proceeds from Borrowings under this Agreement, any Permanent Financings effected on or prior to the Funding Date and any Equity Interests constituting consideration for the Acquisition will be sufficient to consummate the Acquisition and the transactions contemplated by this Agreement and pay all related fees, commissions and expenses.

  • Loans on Existing Income Producing Properties That Qualify as Permanent Financings As in the FBRA rule, we propose to exclude from the definition of HVCRE exposure credit facilities that finance the acquisition or refinance of existing income-producing real property secured by a mortgage on such property, so long as the cash flow generated by the real property covers the debt service and expenses of the property in accordance with the System institution’s underwriting criteria for permanent loans.

  • In addition, the Borrowers shall use their reasonable efforts (subject to duties of best execution) to cause their Subsidiaries and other Persons in which the Borrowers have made an investment to offer KeyBank the opportunity to place or provide any Permanent Financings related to such investment.

  • The Gross Proceeds plus Mortgage Loan proceeds from Permanent Financings and the Line of Credit that are used to make or acquire Properties, Mortgage Loans and other Permitted Investments.

Related to Permanent Financings

  • Permanent Financing means long-term debt (with a term of no less than fifteen (15) years) including a mortgage or other financing evidenced by a lien against the property. Permanent sources of financing identified on Page 7 of Form 3 to cover development costs (including capitalized operating and replacement reserves) may not include letters of credit, cash from operations, the lease up reserve or other non-cash contributions to the Project.

  • 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.

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

  • 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.

  • Exit Financing means the financing under the Exit Facility.

  • 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;

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Subsequent Financing shall have the meaning ascribed to such term in Section 4.12(a).

  • Permanent sign means any structure, display, logo, device or representation which is designed or used to advertise or call attention to any item, business, activity or place and is visible from outside a building that is intended to be in place for a period that is longer than 30 days. [Amended Eff. 11/10/2007]

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Real estate-related financial transaction means any transaction involving:

  • 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.

  • Refinancings shall have a meaning correlative thereto.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • 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.

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

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

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

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

  • Cash from Financings means the net cash proceeds realized by the Company from the financing of Properties, Loans or other Permitted Investments or from the refinancing of any Company indebtedness (after deduction of all expenses incurred in connection therewith).

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

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