Examples of Relevant Loan in a sentence
The Borrower shall have paid the (i) Structuring Fee payable under the Funding Agreement with respect to such Relevant Loan, (ii) Initial Principal Amount payable with respect to such Relevant Loan and (iii) all other fees (including any Commitment Fee) and expenses due and payable by the Borrower under the Operative Agreements.
If the amount of a Loan (the “Relevant Loan”) advanced to the Borrower in connection with the corresponding Qoros Loan Agreement exceeds the amount advanced by the Borrower to Qoros under that Qoros Loan Agreement (the “Relevant Qoros Loan”) (the amount of such excess being the “Excess Loan Amount”), the Borrower shall, within 5 Business Days of the drawdown of the Relevant Qoros Loan, apply an amount equal to the Excess Loan Amount in prepayment of the Relevant Loan.
Anything in this Section 8.5 notwithstanding, if any Direct Loan is not disbursed as a result of the failure of the Lender to act in good faith to fulfill its obligations or otherwise to comply with the terms of this Agreement or any Relevant Loan Agreement, the Lender shall bear and pay its own fees, costs and expenses (including, without limitation, the fees and expenses of its counsel) relating to such Loan.
Chautauqua shall furnish to the Lender the reports concerning financial statements, and reports and other information concerning Chautauqua (and its Subsidiaries, if any) if and to the extent required to be delivered to the Lender by the terms of, with respect to Leveraged Leasing Loans, Sections 7.1.5(a) and 7.1.5(b) of any Relevant Participation Agreement, and with respect to Direct Loans, Sections 7.1(a) and 7.1(b) of any Relevant Loan Agreement (Direct Loans).
The agreement of the Lender to make any Direct Loan, and the agreement of the Borrower to borrow a Direct Loan, are subject to the satisfaction of the conditions precedent specified in the Relevant Loan Agreement.