Examples of Term C Loan in a sentence
The Collateral Agent shall have received evidence reasonably satisfactory to it that the Term C Condition has been met and the Term C Loan has been funded.
The Term A Loan Advance, the Term B Loan Advance, and the Term C Loan Advance are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances.” The aggregate principal amount of all Term Loan Advances shall not exceed Twenty Million Dollars ($20,000,000.00).
The Term A Loan, Term B Loan and Term C Loan are referred to herein as the Term Loans.
The second additional tranche, the Term C Loan, may be drawn upon at any time on or prior to March 31, 2020 provided that the Term B Loan has been drawn upon and net sales of IV meloxicam achieve at least $20 million for the most recent trailing twelve month period.