UBS Loan definition

UBS Loan shall have the meaning set forth in Section 13.1(b).

UBS Loan is defined in Section 5.12.

UBS Loan means the US$75,000,000 term loan granted pursuant to a loan agreement made between, amongst others, the Company and UBS AG, Singapore Branch, dated March 5, 2012, with US$62,505,000 in principal outstanding under such term loan as of April 25, 2016 (and US$1,499,815.62 of accrued but unpaid interest as of April 25, 2016; and

Examples of UBS Loan in a sentence

• The Borrowers, Holdings, Subsidiary Guarantors, UBS Securities LLC, as lead arranger, as documentation agent and as syndication agent, UBS Loan Finance LLC, as swingline lender, Korea Exchange Bank, as issuing bank and Agents are parties to that certain Credit Agreement dated as of December 23, 2004 (as amended hereby, and as the same has been and hereafter may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).

• The parties acknowledge that the interest rate applicable under the UBS Loan (or other Authorized Loan) shall affect the amount of Base Rent payable by Tenant hereunder.

• Tenant shall pay the reasonable attorneys' fees incurred by Landlord for the review and negotiation of this Lease and the UBS Loan documents.

• UBS Loan Finance LLC The information in this schedule has been omitted as it contains personal contact information.

• Subject to Landlord's prior written consent (which consent shall not be unreasonably withheld or delayed), at the request of Tenant, Landlord shall execute and/or shall cause SGA to execute loan documents evidencing and/or securing a new loan to Landlord or SGA, the proceeds of which would be used to retire the UBS Loan (such loan requested by Tenant shall be a "Replacement Loan").

• LIBOR Rate" shall mean the LIBOR interest rate as defined in that certain Schedule I, Additional Terms and Conditions of Credit Arrangement between SGA and UBS dated May 1, 1995, relating to the UBS Loan ("Schedule I"), or as defined in a subsequent Authorized Loan.

• In lieu of payment of the Purchase Price, Tenant shall have the right (1) to assume the UBS Loan or any other Authorized Loan or (2) to cause Landlord to assign the Authorized Loan to a third party acceptable to the holder of such Authorized Loan (which third party shall expressly assume such obligations in writing), provided that Landlord is released from all obligations under the Authorized Loan.

• The Borrowers, MagnaChip LLC, the Subsidiary Guarantors, the Lenders, UBS Securities LLC, as lead arranger, as documentation agent and as syndication agent, UBS Loan Finance LLC, as swingline lender, Korea Exchange Bank, as issuing bank and Agents are parties to that certain Credit Agreement dated as of December 23, 2004 (as the same has been and hereafter may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).

• In the event that Tenant fails to give such written notice to UBS (or other holder of an Authorized Loan), SGA and Landlord prior to the applicable deadline for selection of such interest period pursuant to the terms of the UBS Note (or other Authorized Loan), the same interest period then in effect for the UBS Loan (or other Authorized Loan) shall be selected.

• The parties agree that Tenant is paying the Senior Rent Component of Base Rent directly to UBS for the convenience of the parties in order to satisfy Landlord's obligations to pay interest under the UBS Loan for the period of time corresponding to the Term of this Lease; all Base Rent payments shall be deemed payments to Landlord to the extent of the Equity Rent Component and payments of the interest due to UBS under the UBS Loan to the extent of the Senior Rent Component.

More Definitions of UBS Loan

UBS Loan means the credit facility dated September 10, 1999, as amended, supplemented and modified, between UBS AG and Seller.

UBS Loan means the revolving loan made by Union Bank of Switzerland (New York Branch) ("UBS") to Borrower in the commitment amount of $50,000,000 pursuant to the terms of that certain Revolving Credit Agreement dated as of March 31, 1998, among Borrower, UBS, as Bank, and UBS, as Administrative Agent.

UBS Loan means, collectively, the loans UBS AG, acting through its New York branch, extended to the Borrower pursuant to the General Terms and Conditions of Credit Arrangements, dated July 11, 2008, between UBS AG and the Borrower, as modified by Schedule I thereto, dated July 11, 2008, and the Promissory Note, dated July 1, 2008, executed by the Borrower in favor of UBS AG.