Examples of Refinanced Loan Amount in a sentence
The Agent shall update Annex I on each of the Interim Facility Effective Date and the Final Facility Effective Date to reflect each Refinancing Lender’s Refinanced Loan Amount (which Refinanced Loan Amount listed on Annex I shall be conclusive absent manifest error) and deliver such updated Annex I to the Borrower and the Refinancing Lenders, whereupon such updated Annex I shall constitute Annex I for all purposes hereunder.
Evidence that, concurrently with the making of the Revolving Loan and any initial Working Capital Loans hereunder, the Refinanced Loan Amount shall have been repaid and discharged in full and all commitments under the Refinanced Loan Documents shall have been terminated.
In addition, the Lender shall have received (i) copies of all releases, termination and payoff letters and/or agreements from the Refinanced Lender in favor of the Company, and (ii) such termination statements, mortgage releases and other instruments, in each case in proper form for recording, as the Lender shall deem necessary to release and terminate of record all Liens securing such Refinanced Loan Amount.
Irrevocable written instructions from the Company to disburse from the Company Account, upon receipt of the proceeds of the Loans to be made by the Lender on the Closing Date, such amounts to such Persons for the purpose of discharging the Refinanced Loan Amount and the Deferred Earn-Out Amount which are payable on the Closing Date.
The proceeds of the Working Capital Loans to be made hereunder may be used by the Company only for (i) the complete repayment and discharge in full on the Closing Date of the remaining portion of the Refinanced Loan Amount (after the application of the Revolving Loan proceeds), and (ii) general working capital purposes in connection with the Company Business.
The proceeds of the initial Revolving Loans to be made hereunder may be used by the Company only for the complete repayment and discharge in full on the Closing Date of the Deferred Earn-Out Amount and repayment of a portion of the Refinanced Loan Amount.