Examples of Applicable Debt in a sentence
Each Term Lender agrees with the other Term Lenders that, if it at any time shall obtain any Advantage over the other Term Lenders, or any thereof, in respect of the Applicable Debt (except as to amounts under Article III hereof), such Term Lender shall purchase from the other Term Lenders, for cash and at par, such additional participation in the Applicable Debt as shall be necessary to nullify the Advantage.
J-1 Net Position by Component 109J-2 Changes in Net Position 110J-3 Fund Balances – Governmental Funds 111J-4 Changes in Fund Balances – Governmental Funds 112J-5 General Fund Other Local Revenue by Source 113UNIVERSITY HEIGHTS CHARTER SCHOOL Table of Contents Revenue CapacityJ-6 to J-9 Not Applicable Debt CapacityJ-10 Ratios of Outstanding Debts by Type 114J-11 to J-13 Not Applicable J.
J-1 Net Position by Component 111J-2 Changes in Net Position 112J-3 Fund Balances – Governmental Funds 113J-4 Changes in Fund Balances – Governmental Funds 114J-5 General Fund Other Local Revenue by Source 115Revenue CapacityJ-6 to J-9 Not Applicable Debt CapacityJ-10 Ratios of Outstanding Debts by Type 116J-11 to J-13 Not Applicable J.
Each Lender further agrees with the other Lenders that if it at any time shall receive any payment for or on behalf of Borrowers on any Indebtedness owing by Borrowers to that Lender by reason of offset of any deposit or other Indebtedness, it will apply such payment first to any and all Applicable Debt owing by Borrowers to that Lender (including, without limitation, any participation purchased or to be purchased pursuant to this Section or any other Section of this Agreement).
Each Lender agrees with the other Lenders that if it, at any time, shall obtain any Advantage over the other applicable Lenders or any thereof in respect of the Applicable Debt (except under Article III hereof), it shall purchase from the other applicable Lenders, for cash and at par, such additional participation in the Debt as shall be necessary to nullify the Advantage.