Examples of Exchanged Loans in a sentence
Each of the Company and the Guarantors is not, or immediately after giving effect to the exchange of the Exchanged Loans for the Additional Notes in accordance with the Exchange Agreements will not be, required to be registered as an “investment company” within the meaning of the Investment Company Act of 1940, as amended.
We are looking forward to be an active participant in the next phase of 3G network expansion which is expected to begin in the 2nd/3rd quarter of 2006.
This Agreement and any provisions thereof, and the rights and obligations of each Party hereunder, shall not be assigned by any Party without prior written consent of the Borrower and the holders of at least a majority of the Exchanged Loans (the “Requisite Participating Lenders”); provided, that the rights of any Participating Lender can be assigned without any other Party’s consent to a permitted transferee of any of such Participating Lender’s Second Lien Loans or Warrants.
Subject to the terms and conditions set forth herein, each Rollover Lender severally agrees to exchange its Exchanged Loans for a like principal amount of Loans on the Restatement Effective Date.
Subject to the terms and conditions set forth herein and, with respect to the Exchanged Loans, the Note Purchase Agreement, each Initial Lender, severally and not jointly, agrees to make Loans to the Borrower, in Dollars, on the Closing Date in an amount equal to the Commitment of such Initial Lender to make such Loans and as provided further in Section 2.3 below.
The Additional Notes, when executed, issued and authenticated in accordance with the terms of the Indenture and delivered to you and paid for by cancellation of each of the Exchanged Loans (as defined in each of the Exchange Agreements) in accordance with the terms of each of the Exchange Agreements, will be the legally valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.
The cancellation, termination and extinguishment of the Exchanged Loans as set forth herein by the Exchanging Lender shall be made against delivery to the Note Purchaser, of one or more definitive certificates representing the Additional Securities (the “Definitive Notes”).
The parties acknowledge that any break funding or similar costs incurred by the Exchanging Lender attributable to the cancellation, termination or extinguishment of the Exchanged Loans pursuant to this Agreement shall not be payable by the Issuer.
Use the proceeds of the Loans (other than the Exchanged Loans, which shall be used to consummate the Existing Convertible Notes Exchange) (a) for general corporate and working capital purposes, and (b) to pay the costs and expenses in connection with the Transactions.
City Clerk administered the oath of office to newly elected Mayor Fix and Councilmember Goede.