Funds Flow Undertaking definition

Funds Flow Undertaking has the meaning set forth in Section 2.2.
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Funds Flow Undertaking means the Funds Flow Undertaking substantially in the form of Exhibit A duly executed by the parties thereto.
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Examples of Funds Flow Undertaking in a sentence

  • Unless otherwise defined or the context otherwise requires, terms for which meanings are provided in this Agreement shall have such meanings when used in (a) the Funds Flow Undertaking and (b) each Borrowing Request, Continuation/Conversion Notice, Loan Document, notice and other communication delivered from time to time in connection with any Loan Document.

  • To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the Closing Date Bank Account the Borrower shall have specified in the Funds Flow Undertaking.

  • Unless otherwise defined or the context otherwise requires, terms for which meanings are provided in this Agreement shall have such meanings when used in (a) the Funds Flow Undertaking and (b) each Continuation/Conversion Notice, Loan Document, notice and other communication delivered from time to time in connection with any Loan Document.

  • The proceeds of the Closing Date Borrowing of Revolver Loans will be deposited into the account specified in the Funds Flow Undertaking on the Closing Date and will be used on the Closing Date by the Borrower for the repayment in full of the Revolver B Loans under (and as defined in) the Existing Credit Agreement, and thereafter will be used by the Borrower for general corporate and working capital purposes.

  • After giving effect to the repayment of the Revolver B Loans in accordance with the Funds Flow Undertaking and to the extent of available Revolver B Commitments, the Borrower hereby (a) designates each Letter of Credit listed on Schedule 2.6.11 as a Revolver B Letter of Credit and (b) accepts, acknowledges and assumes all obligations with respect to such Letters of Credit pursuant to the terms and conditions of this Agreement.

  • The Administrative Agent shall have received (a) the Funds Flow Undertaking executed by an Authorized Representative of each of EMMH and the Borrower which shall demonstrate that 100% of the proceeds of the Term Loans shall be applied in accordance with Section 7.1.10 and (b) any other documents from the Borrower, its Subsidiaries or any Midwest Related Party and their Affiliates necessary for the Borrower to comply with Section 7.1.10.

  • To the extent funds are received from the Term Loan Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the Closing Date Bank Account the Borrower shall have specified in the Funds Flow Undertaking.

  • The proceeds of the Closing Date Borrowing of Revolver B Loans will be deposited into the account specified in the Funds Flow Undertaking on the Closing Date and will be used on the Closing Date by the Borrower for the repayment in full of a portion of the principal and interest of the outstanding Term Loans under (and as defined in) the Existing Credit Agreement and after the Closing Date for general corporate and working capital purposes.

  • The Administrative Agent shall have received (a) the Funds Flow Undertaking executed by an Authorized Representative of the Borrower which shall demonstrate that the proceeds of the Revolver Loans shall be applied in accordance with Section 7.1.10 and (b) any other documents from the Borrower and its Affiliates necessary for the Borrower to comply with Section 7.1.10.

  • On or before 2:00 p.m., New York City time, on the Effective Date, each Term Loan Lender shall deposit with the Administrative Agent immediately available funds in the amount of the Term Loans set forth opposite such Term Loan Lender's name on Schedule 1.1(a) (or such Term Loan Lender's pro rata portion of such lesser amount as specified in the Funds Flow Undertaking).

Related to Funds Flow Undertaking

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Borrower Agreement means the Export-Import Bank of the United States Working Capital Guarantee Program Borrower Agreement between Borrower and Bank.

  • group undertaking means the Company or another undertaking in the group;

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Borrower Joinder Agreement means a joinder agreement substantially in the form of Exhibit H.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

  • Lender Joinder Agreement means a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent delivered in connection with Section 5.13.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of July 28, 2010, among the Administrative Agent, Banc of America Securities LLC, the Borrower and the Parent, as amended, modified, restated or supplemented from time to time.

  • Flow of Funds Agreement means a flow of funds agreement, dated as of even date herewith, in form and substance reasonably satisfactory to Agent, executed and delivered by each Loan Party and Agent.

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Borrower LLC Agreement means the Amended and Restated Limited Liability Company Agreement No. 4 (as amended in accordance with the terms of this Agreement and as may be further amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof) of the Borrower, made and entered into as of June 30, 2012, by and among Intermediate Holdings, the Borrower and Specialty Towers Management, LLC.

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • financial undertaking means any of the following entities:

  • Facility Agent has the meaning set forth in the Preamble.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Disbursement Agreement means, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;