SOF Investments Loan definition

SOF Investments Loan means the term loan in the aggregate principal amount of $51,000,000 made by SOF Investments to the Borrowers, the terms of which are satisfactory to the Administrative Agent, as such loan may be refinanced in accordance with the terms of this Agreement and the Intercreditor Agreement or otherwise on terms satisfactory to the Administrative Agent in the good faith exercise of its reasonable business judgment, but in its sole discretion nonetheless.”
View Source
SOF Investments Loan set forth in the definition of “Material Agreements” and inserting in lieu thereof the phrase “Second Lien Loan (including, without limitation, the Second Lien Loan Documents)”.
View Source
SOF Investments Loan set forth in clause (i) thereof in its entirety and substituting the phrase “Second Lien Loan” in its stead; and
View Source

Examples of SOF Investments Loan in a sentence

  • SOF Investments has requested that the Loan Parties agree to certain modifications of the SOF Investments Loan.

  • The Loan Parties shall have delivered to the Administrative Agent a duly executed copy of the Amendment No. 9 to the SOF Investments Loan, in the form attached hereto as Exhibit A.

  • The Administrative Agent and the Lenders hereby waive the requirement set forth in Section 5.01(a) of the Credit Agreement to deliver audited financial statements for the Fiscal Year ending December 31, 2008 without a “going concern” or like qualification; provided that the foregoing waiver shall only apply in the event any such qualification results from the approaching maturity of the Obligations and/or the SOF Investments Loan.

  • The Loan Parties shall have delivered to the Administrative Agent a duly executed copy of the Amendment No. 7 to the SOF Investments Loan.

  • The Lenders and the Agents consent to the terms of Amendment No. 9 to the SOF Investments Loan, in the form annexed hereto as Exhibit A.

  • The Loan Parties have requested that the Agents consent to and approve the modifications set forth in the amendment to the SOF Investments Loan attached hereto in the form of Exhibit A.

  • Pursuant to the Credit Agreement and that certain Intercreditor Agreement dated as of July 2, 2007 (as amended, restated, supplemented or otherwise modified, the “Intercreditor Agreement”) by and among the Agents (as “First Lien Administrative Agent” thereunder) and SOF Investments (as “Second Lien Administrative Agent” thereunder) and acknowledged by the Lead Borrower, certain modifications of the SOF Investments Loan are subject to the consent and approval of the Agents.

  • Revise Section 6.07(b)(i) to provide that (a) mandatory payments of interest and principal, and (b) prepayments not to exceed $1,000,000.00 in any twelve-month period, in each case in respect of Permitted Indebtedness (other than (i) Subordinated Indebtedness and (ii) the SOF Investments Loan), are permitted as long as no Event of Default then exists or would result therefrom.