Examples of Revolving Loan Debt in a sentence
In order to exercise such conversion right, KS shall provide a written notice to Borrower and to DE, specifying the amount of outstanding Revolving Loan Debt that KS elects to convert to a Capital Contribution, which election may be subject to appraisal and modification rights, as described in Sections 7.2(B) and 7.2(C) below.
We de ne ownership days as the aggregate number of days in a period during which each vessel in our eet has been owned by us.
Notwithstanding the foregoing, the Borrowers may pay or prepay the Revolving Loan Debt subject to the terms of the Intercreditor Agreement.
Until the Full Payment (as defined in the Revolving Credit Agreement) of the Revolving Loan Debt and the termination of the “Commitments” (as defined in the Revolving Credit Agreement), the Term Loan Borrowing Capacity shall be determined from time to time by the Revolving Agent (subject to the limitations contained in the Intercreditor Agreement) by reference to the most recent Borrowing Base Certificate delivered by the Borrowers.
These broad market fluctuations have adversely affected and may continue to adversely affect the market price of our securities.