Facility A-1 Loan definition

Facility A-1 Loan means any Loan made under the Facility A-1 Commitments pursuant to subsection 2.1; collectively, the “Facility A-1 Loans”.
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Examples of Facility A-1 Loan in a sentence

  • The Borrower may not request that a Euro Term Facility A1 Loan, a Euro Term Facility A2 Loan or a HUF Term Facility B1 Loan be divided if, as a result of the proposed division, 3 or more Euro Term Facility A1 Loans, 3 or more Euro Term Facility A2 Loans or (as the case may be) 3 or more HUF Term Facility B1 Loans would be outstanding.

  • During the self-study period, the faculty generated $120,771 in external funding and $140,037 in internal funding.These are detailed by year in the Table B2a.

  • Each Selection Notice for a Euro Term Facility A1 Loan, a Euro Term Facility A2 Loan, a Euro Term Facility A3 Loan, a Euro Revolving Facility Loan, a Euro Capex Facility Loan and an Accordion Facility Loan is irrevocable and must be delivered to the Facility Agent by the Borrower not later than the Specified Time.

  • The Borrower to which a Facility A1 Loan has been made may, if it gives the Agent not less than five Business Days’ (or such shorter period as the Agent may agree) prior notice, prepay the whole or any part of any Facility A1 Loan (but, if in part, being an amount that reduces the Base Currency Amount of the Facility A1 Loan by a minimum amount of US$5,000,000).

  • Failure by the Borrower to re¢nance the Facility A1 Loan or to sell the Hotels on or prior to the Loan Repayment Date may result in the Borrower defaulting on the Facility A1 Loan.

  • Prepayment RiskThe yield to maturity of the Notes of each Class will depend on, amongst other things, the amount and timing of repayment and prepayment of principal (including prepayments from, inter alia, sale proceeds arising from a disposal of a Hotel) on the Facility A1 Loan and the price paid by the Noteholders.

  • In the case of prepayment by Holdco, the amount of such prepayment shall be applied pro rata towards the prepayment of Facility A1 Loan and then Facility A2 Loan.

  • As from and including the Step-up Date, as it is currently structured, (i) there will be a step-up in the Margin in respect of the Facility (in relation to Facility A1 the percentage per annum will be increased from 65bps to 100 bps) and (ii) a cash sweeping mechanism will become effective (the amount of cash swept into the Loan Service Account as per the Step-up Date to repay the Facility A1 Loan on each relevant Interest Payment Date shall herein be defined as the Operational Cash Sweep Proceeds).

  • The ability of the Borrower to repay the Facility A1 Loan in its entirety on the Loan Repayment Date will depend upon, amongst other things, its ability to ¢nd a lender willing to lend to the Borrower (secured against some or all of the Hotels) su⁄cient funds to enable repayment of the Facility A1 Loan.

  • Such yield may be adversely a¡ected by a higher or lower than anticipated rate of prepayment on the Facility A1 Loan.The rate of prepayment of the Facility A1 Loan cannot be predicted and will be in£uenced by wide variety of economic and other factors, including prevailing interest rates, the buoyancy of the hotel market, the availability of alternative ¢nancing and local and regional economic conditions.

Related to Facility A-1 Loan

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Term Loan as defined in Section 2.1.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Term A-1 Lender means, at any time, any Lender that has a Term A-1 Commitment or that holds Term A-1 Loans at such time.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.