Financing and Refinancing Sample Clauses

The "Financing and Refinancing" clause outlines the terms and conditions under which a party may obtain or restructure loans or other financial arrangements related to the subject matter of the agreement. It typically specifies the rights and obligations of the parties regarding securing new financing, replacing existing debt, or modifying loan terms, and may address requirements for lender approval, notification, or the use of proceeds. This clause serves to provide a clear framework for managing financial transactions during the contract term, ensuring that all parties understand how financing activities are handled and reducing the risk of disputes or misunderstandings.
POPULAR SAMPLE Copied 1 times
Financing and Refinancing. 54 7.12 Maintenance of Existing Service Contracts..............................54 7.13 Use of Proceeds........................................................54 7.14 Employees..............................................................54 7.15 Nominees...............................................................54 7.16 Outside Director Candidate Nominating Committee Rules..................54
Financing and Refinancing. SECTION 10.
Financing and Refinancing. (a) Project Co shall have the right to finance or refinance any portion of its business without consent of PUC, provided that any such financing or refinancing arrangements are in respect of the performance of its obligations under this Agreement and shall not result in any additional or increased costs or liability for PUC in relation to the Project or pursuant to the terms of this Agreement or increase to the Monthly Payments. In the event that any such financing or refinancing would have the effect of increasing the costs or liabilities of PUC as described herein, Project Co shall be required to obtain the consent of PUC to such financing or refinancing, such consent not to be unreasonably withheld. (b) If requested by Project Co PUC agrees to enter into a Lenders’ Remedies Agreement with Project Co’s lenders in substantially the form set out in Schedule 10 [Lenders’ Remedies Agreement] subject to any reasonable comments by PUC together with (at Project Co’s cost) any documents ancillary to such Lender’s Remedies Agreement that Project Co’s lenders may request, acting reasonably. (c) Notwithstanding Section 5.1(b), but subject always to its right of consent under Section 5.1(a) PUC agrees to, at Project Co’s cost, cooperate and provide reasonable assistance to Project Co in relation to any requests for information or access to the Project that may reasonably be requested by Project Co’s lenders in connection with any Project Co financing or refinancing referred to in Section 5.1(a).
Financing and Refinancing. SECTION 10.1 - SUBORDINATION - ATTORNMENT This Lease shall be deemed subject and subordinate to any mortgage which may heretofore or hereafter be executed by Landlord covering the Building and land upon which the Building is located, and to all renewals, modifications or extensions thereof. The Landlord's interest in this Lease may be assigned as security for any financing now or hereafter required by Landlord. In the event any proceedings are brought or notice given by any assignee for foreclosure of any mortgage on the Building or for the exercise of any rights pursuant to any mortgage or assignment, upon demand, Tenant will attorn to the mortgagee, assignee or purchaser at a foreclosure sale as the case may be and will recognize such assignee, mortgagee or purchaser as Landlord, providing such assignee, mortgagee or purchaser agrees not to disturb Tenant's possession so long as Tenant is not in default under the terms of this Lease. In the event that Tenant refuses to or does not respond to Landlord's request to execute any such estoppel certificate required by any mortgagee, assignee or purchaser as aforesaid within ten (10) calendar days, then Tenant shall be deemed to have irrevocably reviewed, accepted, executed and delivered said documents to Landlord and Landlord, any mortgagee, purchaser, assignee or other party may rely on same as if actually executed and delivered by Tenant unmodified. SECTION 10.2 - ESTOPPEL CERTIFICATE Tenant will furnish to Landlord and/or to the holder of any mortgage from time to time encumbering the Demised Premises, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment that (or the extent to which) the Lease is in full force and effect, that Landlord is in compliance with its respective obligations thereunder, and that Tenant has no offsets or claims against Landlord. Tenant agrees to execute and deliver within ten (10) days after receipt thereof, an instrument of estoppel in the form or substantially in the form annexed hereto as Exhibit D. In the event that Tenant refuses to or does not respond to Landlord's request to execute any such estoppel certificate required by any mortgagee, assignee or purchaser as aforesaid within fifteen (15) calendar days, then Tenant shall be deemed to have irrevocably reviewed, accepted, executed and delivered said documents to Landlord and Landlord, any mortgagee, purchaser, assignee or other party may rely on same as if actually ...
Financing and Refinancing. The Company, together with the Investors, shall exert its reasonable best efforts to arrange for new financing or refinancing of existing Indebtedness for a target amount of US$600 million on the terms and conditions (including final amount and terms related to use of proceeds) mutually acceptable to the Investors and the Company.
Financing and Refinancing