AC Loan(s) definition

AC Loan(s) means the outstanding shareholder loan(s) advanced by the Company and its subsidiaries (excluding the Apex Corporate Group) to the Apex Corporate Group as at the date of completion of the Options Agreement, if any
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Examples of AC Loan(s) in a sentence

  • Each such notice shall specify the date, amount and currency of such prepayment, whether Committed AC Loans or Committed USD Loans are to be prepaid, and the Type(s) of Committed Loans to be prepaid and, if Term Rate Loans are to be prepaid, the Interest Period(s) of such Loans.

  • Committed AC Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

  • If ▇▇▇▇▇▇▇▇▇ fails to specify a currency in a Committed Loan Notice requesting a Committed AC Borrowing, then the Committed AC Loans so requested shall be made in Dollars.

  • Specified A/C Loans shall be funded in an amount equal to the Alternative Currency Amount of such Specified A/C Loan.

  • Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Specified A/C Loans hereunder until the Credit Facility Termination Date.

  • We wish to exercise the Facility [A/C] Extension Option and to postpone repayment of the Facility [A/C] Loans specified below until the Extended Facility [A/C] Repayment Date.

  • All prepayments required by this Section 2.9(b) shall be applied first to the aggregate outstanding principal amount of Swingline Loans, second to the aggregate outstanding principal amount of all Specified A/C Loans, third to the aggregate outstanding principal amount of Revolving Credit Loans, and fourth to the aggregate outstanding principal amount of Competitive Bid Loans.

  • In addition, the Borrower hereby authorizes the Administrative Agent or any applicable Specified A/C Lender to charge any account maintained by the Borrower with the Administrative Agent or such Specified A/C Lender (up to the amount available therein) in order to immediately pay such Specified A/C Lenders the amount of such Specified A/C Loans to the extent amounts received from the Lenders are not sufficient to repay in full the outstanding Specified A/C Loans requested or required to be refunded.

  • The Borrower shall pay to the Administrative Agent, for the account of the Lenders, a non- refundable commitment fee at a rate per annum equal to the applicable percentage set forth below in this Section 4.3(a) on the average daily unused portion of the Aggregate Commitment; provided, that the amount of outstanding Swingline Loans, Competitive Bid Loans and Specified A/C Loans shall not be considered usage of the Aggregate Commitment for the purpose of calculating such commitment fee.

  • The Facility [A/C] Loans in respect of which the Facility [A/C] Extension Option is exercised are: [Specify details of Facility [A/C] Loans the repayment of which is to be extended until the Extended Facility [A/C] Repayment Date].