Examples of 2017 Incremental Term Loans in a sentence
The 2017 Incremental Term Loan Commitments shall automatically terminate upon the making of the applicable 2017 Incremental Term Loans thereunder on the relevant Certain Funds Funding Date relating thereto.
Each of the 2017 Incremental Term Loans and the Extended 2017 Incremental Term Loans shall be subject to mandatory prepayment on the same basis as the Tranche B Term Loans.
The bank estimates its risk inputs, feeds them into a formula, and the formula determines the capital requirement.
For the avoidance of doubt, (i) such increased commitments and new loans maybe incurred under clause (2) of the immediately preceding sentence in Borrower’s sole discretion prior to being allocated by the Borrower to the amount allowed under clause (1) from the immediately preceding sentence and (ii) the 2017 Incremental Term Loans shall not reduce clause (1) of the Incremental Cap.
On the First Amendment Effective Date, each 2017 Incremental Term Lender hereby agrees, severally and not jointly, on the terms set forth herein and in the First Amendment and subject to the conditions set forth therein, to make 2017 Incremental Term Loans to the Borrower on the First Amendment Effective Date in a principal amount equal to its 2017 Incremental Term Loan Commitment on the First Amendment Effective Date.
On and after the First Amendment Effective Date, the 2017 Incremental Term Loans shall be on terms identical to the Initial Term Loans (including as to the Applicable Rate, Maturity Date, Guarantors, Collateral (and ranking) and payment priority).
The 2017 Incremental Term Loan Commitments shall be automatically and permanently reduced to $0 upon the funding of the 2017 Incremental Term Loans to be made by such 2017 Incremental Term Lender on the First Amendment Effective Date.
The proceeds of the 2017 Incremental Term Loans made on the Restatement Date pursuant to Section 2.01(a) hereof shall be used to pay Convertible Note Repayment Obligations, purchase, repurchase or redeem Convertible Notes pursuant to Section 7.04(c)(y), to fund the Convertible Note Repayment Reserve as permitted hereunder, and for working capital and all other general corporate purposes.
Blockade of striatal dopamine transporters by intravenous methylphenidate is not sufficient to induce self-reports of "high".
The minimum Eurodollar Rate applicable to the 2017 Incremental Term Loans will be 0.0%.