Capex Loans definition

Capex Loans has the meaning specified in Section 2.2(a).

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Capex Loans means, respectively, each direct advance and the aggregate of all such direct advances, from time to time in the form of either Prime Loans or LIBOR Loans, made by the Bank to the Borrower under and pursuant to this Agreement, as set forth in Section 2.1 hereof.

Capex Loans means the secured loans made by Lender to Borrowers after the Closing Date, as provided for in Section 2.16 of the Agreement and shall be deemed and shall constitute the Capex Loans for all purposes of this Agreement and the other Loan Documents.

Examples of Capex Loans in a sentence

Each such prepayment of the Capex Loans shall be applied against the remaining installments of principal of the Capex Loans in the inverse order of maturity (for the avoidance of doubt, any amount that is due and payable on the Maturity Date shall constitute an installment).
Each such prepayment shall be applied against the remaining installments of principal due on the Capex Loans in the inverse order of maturity (for the avoidance of doubt, any amount that is due and payable on the Maturity Date shall constitute an installment).
Amounts repaid on account of the Capex Loans may not be reborrowed.
Notice of Borrowers’ election of the SOFR Option for a permitted portion of the Revolving Loans, the Term Loan or the Capex Loans and an Interest Period pursuant to this Section shall be made by delivery to Lender of a SOFR Notice received by ▇▇▇▇▇▇ before the SOFR Deadline.
Borrowers may, upon at least ten Business Days’ prior written notice to Lender, prepay the principal of the Capex Loans, in whole or in part.

More Definitions of Capex Loans

Capex Loans wherever they appear and inserting in place thereof "Revolving Credit Loan" and "Revolving Credit Loans", respectively and (2) deleting, in the first sentence thereof, "CapEx Loan (including, if applicable, upon the initial borrowing hereunder)" and inserting in place thereof "Revolving Credit Loan the proceeds of which will be used to make Capital Expenditures and".

Capex Loans shall have the meaning set forth in Section 2.4 hereof.”

Capex Loans means, collectively, each Advance, and the aggregate of all such Advances, made by the Bank to the Borrower under and pursuant to this Agreement, as set forth in Section 2.3.

Capex Loans means the advances made to Borrower pursuant to Section 2.6.

Capex Loans shall have the meaning specified in paragraph 3(c) hereof.

Capex Loans. Capex Loan Commitment", "Capex Note", "First Amendment Closing Date", "First Amendment Term Loan", "Grafalloy", and the definitions thereof, as hereinafter provided and (ii) deleting the definitions of the following terms in their entireties and substituting the definitions set forth below in lieu thereof: "Loan" or "Loans", "Note", "Term Note", and "Total Credit Facility":

Capex Loans means, collectively, the CAPEX Dollar Loans and the CAPEX Pound Loans. "CAPEX Loan" shall refer individually thereto.