APS Acquisition Loan definition
Examples of APS Acquisition Loan in a sentence
The APS Acquisition Loan shall be treated for all purposes herein as "Loans", including without limitation, for purposes of Section 2.17 and the definition of "Required Banks", with the exception that the amount outstanding under the APS Acquisition Loan shall not be treated as a Loan for purposes of determining compliance with the Borrowing Base hereunder.
Notwithstanding anything to the contrary contained herein, the APS Lenders agree, upon the terms and subject to the conditions herein set forth, to make a loan to the Borrower at any time during the period commencing on the Third Amendment Effective Date and ending on the Termination Date (or the earlier date of termination of the Total Commitment) in the principal amount of up to the amount set forth on Annex B hereto (the "APS Acquisition Loan").