Refinancing Advance definition

Refinancing Advance means any Advance which is used to pay the principal amount (or any portion thereof) of an Advance at the end of its Interest Period and which, after giving effect to such application, does not result in an increase in the aggregate amount of outstanding Advances.

Refinancing Advance means any LIBOR Advance which is used to pay the ------------------- principal amount (or any portion thereof) of a LIBOR Advance at the end of its Interest Period and which, after giving effect to such application, does not result in an increase in the aggregate amount of outstanding LIBOR Advances.

Refinancing Advance means any Revolving Credit Advance which is used to pay the principal amount (or any portion thereof) of a Revolving Credit Advance at the end of its Interest Period and which, after giving effect to such application, does not result in an increase in the aggregate amount of outstanding Revolving Credit Advances.

Examples of Refinancing Advance in a sentence

• The principal amount of each LIBOR Advance is due and payable on the last day of the applicable Interest Period, which principal payment may be made by means of a Refinancing Advance in accordance with the terms of Section 2.09 hereof (and subject to the other provisions of this Agreement).

• The Borrower shall indemnify each Lender against any Consequential Loss incurred by each Lender as a result of (i) any failure to fulfill, on or before the date specified for an Advance, the conditions to the Advance set forth herein (including a Refinancing Advance) or (ii) the Borrower's requesting that an Advance (including a Refinancing Advance) not be made on the date specified in the Borrowing Notice.

• The principal amount of each LIBOR Advance is due and payable on the last day of the applicable Interest Period, which principal payment may be made by means of a Refinancing Advance (subject to the other provisions of this Agreement).

• Each Lender shall, not later than noon, Dallas, Texas time, on the date of any Advance that is not a Refinancing Advance, deliver to the Administrative Lender, at its address set forth herein, such Lender's Specified Percentage of such Advance in immediately available funds in accordance with the Administrative Lender's instructions.

• If the Borrowing Notice fails to specify the duration of the initial Interest Period for any Borrowing or Refinancing Advance, as applicable, comprised of LIBOR Advances, such Interest Period shall be three months.

More Definitions of Refinancing Advance

Refinancing Advance means any LIBOR Advance which is used to pay the principal amount (or any portion thereof) of a LIBOR Advance at the end of its Interest Period and which, after giving effect to such application, does not result in an increase in the aggregate amount of outstanding LIBOR Advances.

Refinancing Advance means an amount of $46,349,250 which is to be used in refinancing the Existing Indebtedness and which is to be made available in accordance with and pursuant to Clauses 2.2 and 3.2(b);

Refinancing Advance means an amount of up to $437,309,000 which is to be used (a) in refinancing part of the Existing Indebtedness and (b) to provide the Borrower with working capital for its general corporate purposes and which is to be made available in accordance with and pursuant to Clauses 2.3 and 4.2(c);

Refinancing Advance means the one time Advance in an amount equal to the aggregate amount outstanding under the Original Agreement as of the Closing Date.

Refinancing Advance means any Revolving Credit Advance which is used to pay the principal amount (or any portion thereof) of a Revolving Credit Advance at the end of its Interest Period and which, after giving effect to such application, does not result in an increase in the aggregate amount of outstanding Revolving Credit Advances. "REGULATORY MODIFICATION RETROACTIVE EFFECTIVE DATE" has the meaning specified in Section 8.5 hereof.

Refinancing Advance means an Advance of up to $25,650,000 which is to be made available to the Borrowers in relation to the refinancing of the Existing Indebtedness;

Refinancing Advance. “Refinancing Advances”, “Refinancing Revolving Line”, “Refinancing Revolving Maturity Date”, and “Transition Period” and their respective definitions in Exhibit A to the Agreement are hereby deleted.