Examples of Term Loan Date in a sentence
The principal of this Note may be due and payable in whole or in part prior to the Term Loan Date and is subject to mandatory prepayment in the amounts and under the circumstances set forth in the Credit Agreement, and may be prepaid in whole or from time to time in part, all as set forth in the Credit Agreement.
Such request for Term Loans hereunder shall be irrevocable and shall be deemed a representation by each Borrower that on the requested Term Loan Date and after giving effect to the requested Term Loans the applicable conditions specified in Article III have been and will be satisfied.
On or prior to the Tender Offer Closing Date, (i) the Effective Date shall have occurred and (ii) there shall have been delivered to the Administrative Agent for the account of each Bank the appropriate A Term Note, B Term Note (if the Initial B Term Loan Date) and/or Revolving Note executed by the respective Borrower, in each case, in the amount, maturity and as otherwise provided herein.
Any New Term Loans made pursuant to New Term Loan Commitments that become effective on a New Term Loan Date, as well as the Term Loans, shall be designated a separate series (a “Series”) of Loans for all purposes of this Agreement.
On or prior to the Delayed Draw Term Loan Date, the Term Loan Agent shall have received from the Term Loan Lenders the funds necessary to make the portion of the Term Loan committed to be made on the Delayed Draw Date in accordance with Section 2.1(a)(i)(B) of the Term Loan Agreement, and Quantum shall have received the gross proceeds of such portion of the Term Loan in the amount of $15,000,000.
The --------------------- -------------------- Borrower shall repay to the Agent for the ratable benefit of the Acquisition Lenders (i) on each March 31, June 30, September 30 and December 31, commencing on March 31, 2000, an amount equal to 1/20 of the aggregate principal balance of the Acquisition Advances outstanding on the Acquisition Facility Term Loan Date and (ii) on the Termination Date the principal amount of the Acquisition Advances outstanding on such date.
The Borrower shall give the Agent at least two Business Days' prior written notice of the occurrence of the Term Loan Date.
The payment of the construction management fee will cover all services provided and all out-of- pocket expenses (other than Third Party Fees paid by NCP Syracuse on behalf of the partnership) incurred by or on behalf of NCP Syracuse in the performance of its responsibilities as Managing General Partner prior to the Term Loan Date.
Company represents and warrants that it has authorized the issuance of warrants for the purchase of an aggregate of 415,203 shares of common stock of Company pursuant to warrants (the "SUPPLEMENTAL WARRANTS") to be issued by Company to SPCP Group, LLC and SPCP Group III, LLC on the Supplemental Term Loan Date, subject to adjustment as set forth in the Supplemental Warrants.
Any Incremental Term Loans made on a single Incremental Term Loan Date (as defined below) shall be designated a separate series (a “Series”) of Incremental Term Loans for all purposes of this Agreement.