Refinance. The Lender shall have the option to obtain any refinance facility or loan from any Person, against the security of this Loan.
Refinance. In respect of any security or Indebtedness, means to refinance, extend, renew or re-fund, or to issue a security or Indebtedness in exchange or replacement for, such security or Indebtedness in whole or in part. Refinanced and Refinancing shall have correlative meanings.
Refinance. Xxxxxxxx agrees that the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, will be due and payable if Borrower refinances the Loan. If the Borrower refinances any other mortgage loan or obtains an equity line of credit secured by the Property: (a) the Lender will not subordinate the Mortgage to any such refinanced or equity mortgages, and (b) the Lender may declare the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, immediately due and payable.
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreemntewith a third party, you acknowledge you have the right to terminate the agreement and you will provide Xeroxwitha statement from the third party idetnifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will renrdyeour prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. Item Finance Activity Amount Refinanced Int. Rate Total Int. Payable
Refinance. The City shall permit a prepayment and refinance of the First Lender Loan and shall agree to subordinate this Agreement and the City Deed of Trust to the refinanced First Lender Loan provided that:
Refinance. Agent shall have received and completed a review of such due diligence and documentation as the Agent may require with respect to the Refinance. All conditions precedent to completion of the Refinance shall have been satisfied, as determined by the Agent, and all documentation necessary to complete the Refinance shall have been approved by the Agent and have been executed, or will be executed simultaneous with the funding of the T-Two Loan.
Refinance. With respect to any Funded Debt, to refinance, extend, renew, refund, repay, prepay, redeem, defease or retire, or to issue other Funded Debt in exchange, conversion or
Refinance. The City may subordinate to the following refinance situations only, subject to City approval and additional documentation is required:
Refinance. Borrower shall have repaid, or shall have provided Agent with instructions sufficient to repay, from Advances and/or Swing Line Advances, all indebtedness owing to Creditanstalt-Bankverein, and all agreements and security interests relating to such facility shall have been terminated or released.
Refinance. In the event that the Notes are not repaid by the Maturity Date, the Company shall have the option to refinance the Notes and the accrued interest with 5% Convertible Senior Secured Promissory Notes (the “Convertible Notes”) in the form attached hereto as Exhibit C. The Convertible Notes will have a maturity date of one year from their issuance date, and the right to convert all or part of the principal (but not accrued interest) into shares of the Company’s Common Stock at a conversion price of $0.0625 per share, provided that, if Subscriber sells any shares of common stock of the Company during 120 days prior to the Maturity Date, then the conversion price of the Convertible Note shall automatically reset to $1.00 per share. The Company shall have the right at any time to inspect the trading records of Subscriber of this time period to confirm compliance with the foregoing. The conversion right will also be subject to the following trading restrictions: Subscriber agrees that for a period of eighteen (18) months from the date of the first conversion of the Convertible Note (i) on any given day, Subscriber shall not sell shares of the Company’s Common Stock in excess of ten percent (10%) of that day’s trading volume, and (ii) the Company shall have the right to receive reports showing the daily number of shares of the Company’s Common Stock sold by Subscriber and to inspect such brokerage statements as the Company may reasonably request to confirm compliance with the this trading restriction.