BOA Loan definition
Examples of BOA Loan in a sentence
The Purchaser shall cooperate with the Company and Promethean and do all such acts and execute all such documents as BOA, the Company and/or Promethean may reasonably specify (including, but not limited to, entering into any documents in connection with or pertaining to the amendment of the Bond Documents and the subordination of the Note to the loans under BOA Loan Agreements) in order for the BOA Consent to be obtained.
In addition, and without limiting the foregoing, until such time as the BOA Loan has been repaid in full, no Principal Shareholders shall Transfer any Securities of MBOCo, except as may be permitted by the terms of, or consented to by the lender under, the BOA Loan.
Funding for this Agreement shall expire on the date shown on line 17 above and this Agreement shall expire three years after final payment of the Loan is made unless terminated, extended or amended pursuant to the terms and conditions set forth in the BOA Loan Agreement Assurances, Terms and Conditions.
Any pledge, hypothecation or encumbrance of Securities of MBOCo or Holding by a Principal Shareholder in connection with the BOA Loan shall be permitted and shall not constitute a Transfer under this Agreement.
Effective upon Satisfaction of the BOA Loan, and upon compliance by Brunswick with the terms and provisions of this Amendment, the Engine Supply Agreement shall be automatically amended as provided herein, effective as of the date of such satisfaction.
Borrower shall use the Loan proceeds solely (i) to repay the BOA Loan from the Term Loan Portion of the Loan and (ii) to cover costs of Tenant Improvements from the Revolving Loan Portion of the Loan.
As part of such refinancing, the BOA Loan and all related indebtedness to the Bank shall be paid in full and the Brunswick Guaranty and all obligations of Brunswick related to the BOA Loan shall be terminated without such payment constituting a default under any agreement between the parties hereto, and without triggering the Brunswick Purchase Option.
Except as permitted or required under the BOA Loan Agreement or the Related Agreements, no Grantor has entered into or granted, and will not enter into or grant, any security agreements in respect of any Collateral or permitted or permit the filing or attachment of any security interests on or affecting any Collateral that would be prior or that may in any way be superior to Agent’s security interests and rights in and to such Collateral.
Satisfaction/release documentation in connection with the BOA Loan.
Except as otherwise provided for in the Instruments, the BOA Loan Agreement and the Related Agreements, no Grantor shall sell, offer to sell or otherwise transfer or dispose of any Collateral.