Examples of Rollover Term in a sentence
If the Rollover Term will expire before the Final Repayment Date, then not later than 90 days before the expiry of the Rollover Term, the Redraw Facility Provider will notify the Trustee as to whether it will or will not renew the Redraw Facility for 364 days (unless the Final Repayment Date falls before the end of those 364 days, in which case the renewal will apply up until the Final Repayment Date) commencing on the date the notice of renewal is given.
If the Customer terminates the Agreement before the end of the Minimum Term or Rollover Term Telesis Ltd shall be entitled to charge the customer the charges that would have been payable for the balance of the Minimum Term or Rollover Term.
Class 3B is Impaired under the Plan; Holders of Allowed Rollover Term Loan Claims in Class 3B are entitled to vote to accept or reject the Plan.
Any amount deposited in a Fixed Rate Prepayment Account or applied to defease any Rollover Term Loan pursuant to Section 2.12(g) in lieu of the prepayment of any Rollover Term Loan shall be deemed to be a prepayment of such Rollover Term Loan for purposes of the preceding sentence.
All Rollover Term 44 Loans outstanding on the Effective Date shall continue to be evidenced by the Rollover Term Notes previously executed and delivered by the Borrowers under the Original Credit Agreement, unless and until the applicable Lender exchanges its Rollover Term Note for one or more new Rollover Term Notes or transfers its Rollover Term Note.
By way of example, if the original Term was for three (3) years and had an effective date on June 1, 2016, then unless the Agreement is terminated in the manner provided in Section 7, the first Rollover Term shall commence on June 1, 2019 for a three-year term and Subscriber shall be required to pay the then current fees.
In the event of any failure by the MEP Participants to give the Rollover Notice during the Primary Term or during the first Rollover Term, this Agreement shall terminate and the provisions of Section 3.7 shall apply.
Each such prepayment shall be made and applied pro rata in accordance with the respective outstanding principal amounts of all Rollover Term Loans then outstanding; provided, however, that any such prepayments shall be subject to the option set forth in Section 2.12(g).
UGIES shall sell and deliver and Utility shall have the option to purchase and the right to receive Natural Gas on any day during the Primary Term and any Rollover Term.
Assignments in accordance with this paragraph are not required to be made pro rata as between the assigning Lender's Rollover Term Loan, on the one hand, and Revolving Credit Commitment and Revolving Credit Exposure, on the other.