Examples of Third Additional Term Loan in a sentence
In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Third Additional Term Loan or otherwise extend credit to Borrowers hereunder, until the date that each of the conditions precedent set forth on Exhibit K has been satisfied.
Subject to the terms and conditions set forth herein, during the Third Additional Funding Availability Period, each Term Lender agrees to make a Third Additional Term Loan to the Borrower on the Third Additional Funding Date denominated in Dollars in a principal amount equal to its Third Additional Term Loan Commitment.
The Agent shall have received a certificate, in form and substance reasonably satisfactory to the Agent, from a knowledgeable Senior Officer of Ultimate Parent certifying that, concurrently with the making of such Third Additional Term Loan to fund the T.
Concurrently with the making of such Third Additional Term Loan to fund the T.
Review of the sanction(s) will be completed by a county Designated Case Worker (DCW) utilizing medical documentation of the disability at the time a sanction(s) was applied to the case.
If Borrower for any reason fails to make any payment of principal or interest on the Third Additional Term Loan in Cn. Dollars, or if Borrower shall default in the payment when due of any payment on the Third Additional Term Loan, the Lender may, at its option, require such payment to be made in the Dollars Equivalent.
The Debt arising from the making of the Third Additional Term Loan shall be evidenced by the Third Additional Term Note, which shall be executed by Borrower and delivered to Lender on the Third Modification Effective Date.
The principal amount of the Third Additional Term Loan shall be repaid by the Borrower in installments as provided in the Third Additional Term Note.
The Third Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Xxxxxx’s Third Additional Term Loans on the Third Additional Funding Date and (ii) the expiration of the Third Additional Funding Availability Period.
Dividends will only be paid when retained earnings exceed the funds required to finance the suitable investment projects.