Examples of Refinancing in a sentence
Agent shall have received copies of customary payoff letters and associated lien releases, including UCC-3 financing statement terminations, sufficient to accomplish the Closing Date Refinancing.
Substantially simultaneously with the initial Borrowing of the Initial Term Loans, the Closing Date Refinancing shall be consummated.
Advances shall be used to consummate the Closing Date Refinancing and finance Borrowers’ portfolios of Consumer Purpose Loans, for general working capital purposes and for other lawful corporate purposes except as limited under this Agreement.
The Closing Date Refinancing shall occur concurrently with the effectiveness of this Agreement.
The proceeds of the Term Loans shall be used only to (i) fund the Refinancing; provided that, for the avoidance of doubt, no proceeds of the Term Loans may be used to pay any premium, make-whole or penalty payments required to be paid in connection with the Refinancing, and (ii) pay the fees and expenses in connection with the Transactions.