Replacement Advances definition

Replacement Advances has the meaning set forth in Section 9.01.
Replacement Advances and “Replacement Commitments”), provided that (a) the aggregate principal amount of such Replacement Advances or Replacement Commitments shall not exceed the aggregate principal amount of such Replaced Advances or Replaced Commitments and (b) the Maturity Date and Weighted Average Life to Maturity of such Replacement Advances shall not be less than or earlier than such Replaced Advances and, in the case of the Revolving Facility, the commitment termination date with respect to such Replacement Commitments shall not be earlier than such Replaced Commitments. Furthermore, and notwithstanding anything else to the contrary contained in this Section 9.01, if the Agents and the Company shall have jointly identified an obvious error or any error or omission of a technical nature, in each case, in any provision of this Agreement or any other Loan Document, then the Agents and the Company shall be permitted to amend such provision, and such amendments shall become effective without any further action or consent of any other party to any Loan Document if the same is not objected to in writing by the Majority Lenders within five Business Days following receipt of notice thereof. Furthermore, and notwithstanding anything else to the contrary contained in this Section 9.01, if the Pro Rata Administrative Agent, the Swing Line Bank and the Company shall have jointly identified an issue of an operational nature in any provision of this Agreement related to the Swing Line Sub-Facility, then the Pro Rata Administrative Agent, the Swing Line Bank and the Company shall be permitted to amend such provision, and such amendments shall become effective without any further action or consent of any other party hereto if the same is not objected to in writing by the Majority Lenders within five Business Days following receipt of notice thereof.

Examples of Replacement Advances in a sentence

  • Miller, M, Aitken, S, Petrella, A and Conti, S "Experimental Measurement of Weightbearing after Ankle Replacement," Advances in Bioengineering, Vol.

  • The deployed personnel shall be on the Payrolls of the contractor.

Related to Replacement Advances

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Equipment Advance is defined in Section 2.1.1.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Replacement Loans has the meaning specified in Section 10.01.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Term Loan as defined in Section 2.1.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.