Examples of BofA Loan Agreement in a sentence
The BofA Loan Agreement provides for a revolving facility up to a principal amount of $35.0 million, including a $10.0 million sublimit for letters of credit.
The BofA Loan Agreement is secured by substantially all of the Company’s assets, including its intellectual property.
Lender hereby acknowledges and consents for all purposes under the Loan Agreement and other Loan Documents to the loan transaction between the BofA Lenders and Borrower pursuant to the terms and conditions of the BofA Loan Agreement and the other documents, instruments and agreements related thereto; provided that Lender shall have been provided a copy of the final version of the BofA Loan Agreement and the other documents, instruments and agreements related thereto prior to the date hereof for review.
The BofA Loan Agreement matures, and all outstanding amounts become due and payable, in January 2023.
Any loan by the Company or any of its affiliates to Sook under the preceding sentence will be on terms substantially similar to the BofA Loan Agreement unless the parties otherwise agree.
The Administrative Agent hereby assigns, transfers, releases and delivers to the "Borrower" (as defined in the BofA Loan Agreement) all its right, title and interest of OCM, CC and CP in the Collateral (as defined under the Security Agreement, which includes the stock of CC and CP) and security granted under the patent and trademark security agreements dated as of June 25, 2001, but without any recourse, warranty or representation whatsoever.
They found that the release from masking for dichotic speech in noise (N0S0.5ms or N0Sπ) was primarily determined by interaural time or phase disparity at low frequencies.
Each of the Lenders hereunder that is a Lender under the BoA Loan Agreement hereby waives any requirement set forth in Section 2.05 of the BoA Loan Agreement that Borrower provide any notice prior to termination of the Aggregate Revolver Commitments under the BofA Loan Agreement.
As further adequate protection, the Debtors are authorized to and shall provide adequate protection to (i) the Prepetition Lenders in the form of ongoing payment of the reasonable legal fees and expenses (subject to the review period set forth in Paragraph 3 of this Interim Order) incurred after the Petition Date, and (ii) BofA in the form of payment of accrued interest at the rate provided for in and pursuant to the terms of the BofA Note and the BofA Loan Agreement.
The BofA Loan Agreement matures, and any outstanding amounts become due and payable, in January 2023.