Examples of Continuing Loans in a sentence
SCHEDULE 1 to ASSIGNMENT AND ACCEPTANCE Assignor: Assignee: Principal amount assigned Percentage assigned of Loans Loans Continuing Loans $ % New Loans $ % Effective Date (if other than date of acceptance by Administrative Agent): , 2 2 This date should be no earlier than five Business Days after delivery of this Assignment and Acceptance to the Administrative Agent.
The BCR Entities have delivered or otherwise made available to Forest City complete and correct copies in all material respects of all loan agreements and other documents relating to the Continuing Loans, as amended to date (the “Loan Documents”).
Tengel Xxxxx: Xxxx Xxxxxdent Notwithstanding the foregoing, Prospect Street Senior Portfolio, L.P. has created a lien upon and security interest in the assigned Continuing Loans assigned by it as contemplated by Section 1.02 in favor of Citibank, N.A., which lien and security interest shall be released upon the sale and assignment hereunder and receipt by it of payment in respect thereof.
Name of Lender Continuing Loans to be held by such Lender after giving effect to the assignments contemplated to be made under the Master Assignment and Assumption Agreement ($) Apple Bank for Savings $ 20,000,000.00 Bank of America, N.A. $ 35,000,000.00 BNP Paribas $ 35,000,000.00 Citibank, N.A. $ 35,000,000.00 HSBC Bank USA, National Association $ 35,000,000.00 Mizuho Bank, Ltd.
On the Closing Date and concurrently with the effectiveness of this Agreement, Bank of America hereby assigns to General Electric Capital Corporation $26,500,000 of the outstanding principal amount of the Continuing Loans for and in consideration of the payment by General Electric Capital Corporation to Bank of America of cash (in the form of immediately available funds) in the amount of $26,500,000.
All Continuing Loans shall be deemed to be Revolver Loans outstanding hereunder for all purposes of this Agreement.
The Banks and the Administrative Agent hereby waive the requirement that the Company pay any amounts under Section 3.4 in connection with the continuation of the Continuing Loans on other than the last day of the Interest Period applicable thereto.
The Plan shall be administered by the Committee, which shall have full and exclusive discretionary authority to construe, interpret and apply the terms of the Plan, to determine eligibility and to adjudicate all disputed claims filed under the Plan.
The Borrower, as the successor by merger to Plainwell Paper Company, hereby expressly assumes Plainwell Paper Company's liabilities with respect to the Continuing Loans.
Neither ETI nor EES Sub has assigned, transferred, conveyed, permitted to exist an Encumbrance or otherwise disposed of any their respective rights, title or interest in, to or under any of the Contributed Options, Continuing Loans or Contributed Debt.