Examples of Aleris Incremental Term Loans in a sentence
Each Co-Borrower under the Aleris Incremental Term Loans shall be a domestic corporation as defined in Section 7701(a)(30)(C) of the Code (or a limited liability company that is disregarded as an entity separate from its owner for United States federal income tax purposes and wholly owned by a domestic corporation).
No payment by or on account of any obligation of any Loan Party hereunder, or under any other Loan Document, in respect of the Aleris Incremental Term Loans is subject to any withholding Taxes other than U.S. federal withholding Taxes.
Each Co-Borrower under the Aleris Incremental Term Loans is a domestic corporation as defined in Section 7701(a)(30)(C) of the Code (or is a limited liability company that is disregarded as an entity separate from its owner for United States federal income tax purposes and is wholly owned by a domestic corporation).
The Designated Company hereby accepts the appointment by the Co-Borrowers and the other Loan Parties to act as the agent of the Co-Borrowers and the other Loan Parties and agrees to ensure that the disbursement of any Loans to another Co-Borrower requested by or paid to or for the account of such Co-Borrower shall be paid to or for the account of such Co-Borrower and, in the case of Aleris Incremental Term Loans, shall be in accordance with the terms of Section 2.21.
Except as otherwise provided in Section 2.06(c) or the last sentence of this clause (c), for the Escrow Period, including the first day but excluding the last day of such period, the Escrowed Term Loans shall bear interest at a rate per annum equal to the Eurodollar Rate for an Interest Period of one month plus the Applicable Margin applicable to Aleris Incremental Term Loans.
The obligation of each Aleris Incremental Term Lender to fund the Aleris Incremental Term Loans to the Escrow Account on the Aleris Incremental Escrow Date shall be subject to, and to the satisfaction of, each of the conditions precedent set forth in Section 5 of the Aleris Increase Joinder Amendment.
The obligation of each Aleris Incremental Term Lender to make the Aleris Incremental Term Loans on the Aleris Incremental Funding Date shall be subject to, and to the satisfaction of, each of the conditions precedent set forth in Section 5 of the Aleris Increase Joinder Amendment.
The obligation of each Aleris Incremental Term Lender to fund the Aleris Incremental Term Loans on the Aleris Acquisition Closing Date (such date, the “Aleris Incremental Funding Date”) shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.
Subject to the second to last sentence of this Section 5, before and after giving effect to the funding of the Aleris Incremental Term Loans on the Aleris Acquisition Closing Date, no Default or Event of Default shall have occurred and be continuing.
The funds of a Retired Members’ Association shall be kept in an account opened in the name of that Retired Members’ Association at a Bank, Post Office or Building Society.