GFX Loans definition

GFX Loans. (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital of the Company on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE. Additionally, the Company from time to time may conduct Test Draws which shall be repaid on the Business Day immediately following the Borrowing Date thereof. The Company will not, nor will it permit any Subsidiary to, use any of the proceeds of the Loans to “buy” or “carry” any “margin stock” (each as defined in Regulation U) or for any purpose that violates the provisions of Regulation T, U or X of the Board of the Federal Reserve System as now and from time to time hereafter in effect.
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Examples of GFX Loans in a sentence

  • Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of Surplus Funds on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.

  • Additionally, except in the case of a Test Draw, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital of the Company on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.

  • Additionally, theCompany may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of Surplus Funds on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.

  • Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of Surplus Funds on any given day.

  • Telenor has furthermore pointed out that the company also does not offer VULA carriage with an “uncontended” connection between OLT and ODP.

  • Additionally, the Company may only use the proceeds of the Advances designated in the applicable Advance Request (A) as “GFX Loans” (“GFX Loans”) to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital on any given day or (B) as “CMECE Loans” (“CMECE Loans”) for the purpose of funding advances to CMECE.

  • Except in the case of a Test Draw, the Company may only use the proceeds of the GFX Loans to fulfill its obligations under GFX Guaranties, provided, however, that the Company may use the proceeds for GFX Loans only up to the amount of net working capital of the Company on any given day.

Related to GFX Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Credit Loans as defined in Section 2.1.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Swingline Loans as defined in Section 2.6.