Finance Vehicles definition

Finance Vehicles means (i) any recourse financing facility approved by the Facility Agent in its sole discretion, and (ii) any refinancing or replacement facility of any of the foregoing from time to time approved by the Facility Agent in its sole discretion.

Examples of Finance Vehicles in a sentence

  • To the extent that the net proceeds of the Series 2023-1 Notes exceed the aggregate purchase price of Green Finance Vehicles purchased in the preceding 12 months, the net proceeds in excess of such aggregate purchase price shall be used to repay the Series 2021-A Notes, and the capacity made available by such excess net proceeds repayment shall be used in the future to purchase Green Finance Vehicles.

  • From and after the date hereof, the Borrower shall not be required to update Schedule 3.01(a) to reflect any new Special Purpose Finance Vehicles, but shall notify the Banks pursuant to Section 5.15.

  • In other words, the net proceeds of the Series 2023-1 Notes shall be allocated to a discrete pool of Green Finance Vehicles identified by their respective vehicle identification numbers.

  • To the extent that the net proceeds of the Series 2023-2 Notes exceed the aggregate purchase price of Green Finance Vehicles purchased in the preceding 12 months, the net proceeds in excess of such aggregate purchase price shall be used to repay the Series 2021-A Notes, and the capacity made available by such excess net proceeds repayment shall be used in the future to purchase Green Finance Vehicles.

  • At the Effective Time (as defined in Section 2.3 below), Sporg will be merged with and into Terrace Sub in accordance with this Agreement, the Articles of Merger substantially in the form of Schedule 2.1 attached to this Agreement (the “Articles of Merger”), and the applicable provisions of Chapter 92A of the Nevada Revised Statutes (the “Nevada Law”).