Flex Letter definition

Flex Letter has the meaning set forth in Section 5.05.
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Flex Letter means that certain letter agreement, dated as of August 10, 2015, among the Borrower, the Administrative Agent, Royal Bank of Canada and Fifth Third Bank.
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Flex Letter means that certain letter agreement dated as of the date hereof between Administrative Agent and Borrower regarding the prospective syndication of the Loans to additional lenders.
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Examples of Flex Letter in a sentence

  • None of the provisions in the Flex Letter or redacted in the Fee Letters will limit, prevent, impede or delay the consummation of the Debt Financing in any manner.

  • As of the date hereof, there are no side letters or other agreements, contracts or arrangements to which Parent or any of its Subsidiaries is a party related to the funding of the Debt Financing except for the Debt Commitment Letter, the Flex Letter and the Fee Letters.

  • Subject to the provisions of Sections 2.4(6) and 2.9(5), Borrower shall have the right to prepay Loans in an aggregate amount equal to $45,000,000 if permitted under the terms of the Flex Letter, without premium or penalty; provided that Borrower shall give Administrative Agent three Business Days prior written notice of such prepayment (and, upon the third Business Day after Administrative Agent's receipt of such notice of prepayment, the amount to be prepaid shall become due and payable hereunder).


More Definitions of Flex Letter

Flex Letter means that certain flex letter, dated as of the date hereof, by and among the Lead Arrangers (or their affiliates) and the Borrower.
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