Examples of Refinancing Prepayment in a sentence
In the event that, on or prior to the first anniversary of the Original Effective Date, any Initial Term Lender receives (or is deemed to receive) a Refinancing Prepayment (as defined below) from the Term Borrowers pursuant to Section 4.01, then, at the time thereof, the Term Borrowers shall pay to such Initial Term Lender a prepayment premium equal to 1.00% of the amount of such Refinancing Prepayment.
In the event that, prior to the second anniversary of the Funding Date, any Lender receives a Refinancing Prepayment (as defined below), then, at the time thereof, the Borrower shall pay to such Lender a prepayment premium equal to 1.0% of the amount of such Refinancing Prepayment.
Release of Mortgaged Properties to Affiliates under Defaulted or Delinquent Assets; Early Refinancing Prepayment; Other Sales or Exchanges 94 Section 7.03 Transfer of Lease to New Mortgaged Property.
Early Refinancing Prepayment; Other Sales or Exchanges .........................8894 Section 7.03 Transfer of Lease to New Mortgaged Property.
For the avoidance of doubt, in the event that the Administrative Agent does not actually receive the entire Refinancing Prepayment Amount on such date in immediately available funds, no reduction in the unpaid principal amount of the Loans then outstanding shall occur or be deemed to have occurred pursuant to this Section 2.5(b) on such Refinancing Prepayment Date.
In connection with an Early Refinancing Prepayment as permitted pursuant to the terms of any applicable Series Supplement, an Issuer may release Properties with an aggregate Allocated Loan Amount not to exceed the Qualified Release Amount.
Borrower shall not have the right to prepay the Loan in full or in part in connection with any refinancing of the Loan until September 22, 2021 (the “Closed Refinancing Prepayment Date”).
Subject to (i) the satisfaction of the conditions set forth in Section 3 below and (ii) the making of the Refinancing Prepayment (as defined below), the Agent shall, contemporaneously with the funding of the Refinancing Prepayment, deliver a release letter to the Borrower substantially in the form of Annex A hereto with respect to the Rolling Stock set forth on Schedule I hereto (the “Release Letter”).
The offer to prepay the Notes contemplated by Section 8.8(a) shall be an offer to prepay, in accordance with and subject to this Section 8.8, all, but not less than all, the Notes held by each holder (and in this case, "holder" in respect of any Note registered in the name of a nominee for a disclosed beneficial owner shall mean such beneficial owner) of Notes on a date specified in such offer (the "Refinancing Prepayment Date").
Drilling does not mean or include the re-entry of a well that has not been abandoned.