Examples of CapEx Loan Commitment in a sentence
If any Default or Event of Default has occurred and is continuing, Agent may (and at the written request of the Requisite CapEx Lenders shall), without notice, suspend the CapEx Loan Commitment with respect to additional CapEx Advances, whereupon any additional CapEx Advances shall be made or incurred in Agent's sole discretion (or in the sole discretion of the Requisite CapEx Lenders, if such suspension occurred at their direction) so long as such Default or Event of Default is continuing.
But other recommendations were slow to be adopted, such as to increase the number of social reintegration assistants at community office level and closing or cutting back offices with no or little workload.
The Pro Rata Share of the CapEx Loan of any CapEx Lender shall not at any time exceed its separate CapEx Loan Commitment.
Any voluntary prepayment of the Term Loan or CapEx Loan, any reduction or termination of the CapEx Loan Commitment and any termination of the Revolving Loan Commitment must be accompanied by payment of the Fee required by Section 1.9(d) plus the payment of any LIBOR funding breakage costs in accordance with Section 1.13(b).
The parties hereto acknowledge and agree that, as of the date hereof, (a) the Term Loan has been repaid in full, (b) the CapEx Loan Commitment has terminated, (c) any obligations of the Bank to make CapEx Loans under the Loan Agreement have terminated, and (d) the Lender has no further obligations to make any CapEx Loans after the date hereof.