Examples of Term Loan Required Payments in a sentence
Each optional prepayment of a Borrowing shall (i) in the case of an optional prepayment of the Revolving Loan, reduce the outstanding principal amount of the Revolving Loan and, (ii) in the case of an optional prepayment of the Term Loan, be applied (x) to reduce all Term Loan Required Payments pro rata, or (y) if the Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), against the next in time amortization payment(s) only.
Even with the decline in aggregate, 15 public power utilities increased their savings target in the 2013 version.CMUA, NCPA, and SCPPA look forward to our continuing partnership with policymakers on energy efficiency issues and the aggressive promotion of the state‘s energy loading order.
Future research should try to move beyond existing vague notions by analyzing the characteristics of individual eParticipation technologies in detail, looking at both their technical structure and functionality, as well as various levels of contexts and use.
Each optional prepayment of a Borrowing shall be applied (i) to reduce all Term Loan Required Payments pro rata or (ii) if the Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), against the next in time amortization payment(s) only.
Each optional prepayment of a Borrowing shall (i) in the case of an optional prepayment of the Revolving Loan, reduce the outstanding principal amount of the Revolving Loan and, (ii) in the case of an optional prepayment of the Term Loan, be applied to reduce all Term Loan Required Payments pro rata.
The financial covenants set forth above shall be tested (x) on each Determination Date by reference to the most recent Measurement Period, and compliance shall be evidenced in the Compliance Certificates which shall be provided by the Borrower on (and as of) each Determination Date, and (y) as if all repayments and prepayments of the Term Loan hereunder have been applied pro rata in respect of all remaining Term Loan Required Payments.