KIL definition
Examples of KIL in a sentence
Nothing contained herein shall preclude any Agent, the Issuer or any other Lender from engaging in any transaction, in addition to those contemplated by this Agreement or any other Loan Document, with KIL or any of its Affiliates in which KIL or such Affiliate is not restricted hereby from engaging with any other Person.
KIL agrees to pay the fees set forth in this Section 3.3. All such fees shall be non-refundable.
KIL agrees to pay to the Administrative Agent, for the pro rata account of the Issuer and each other Lender, a Letter of Credit fee, in Dollars, in an amount equal to the then Applicable Margin for LIBO Rate Loans, multiplied by the average daily undrawn Stated Amount (or the Dollar Equivalent thereof with respect to Foreign Currency Letters of Credit) of all Letters of Credit outstanding during the applicable period, with such fees being payable quarterly in arrears on each Quarterly Payment Date.
The Issuer will notify KIL and the Administrative Agent promptly of the presentment for payment of any Letter of Credit issued by the Issuer, together with notice of the date (the “Disbursement Date”) such payment shall be made (each such payment, a “Disbursement”).
If the Administrative Agent at any time shall resign, the Required Lenders may appoint another Lender as a successor Administrative Agent which, with the prior written consent of KIL, not to be unreasonably withheld or delayed, shall thereupon become the Administrative Agent hereunder.
LL Lever—Long No Charge 606 Satin Brass (04) Add $25.00 626 Satin Chrome (26D) No Charge 613 Dark Bronze (Simulated 10B/613) Add $100 • Installation Manual • Quick Reference Guide • Operations Manual • Full-Scale Template • Required Installation Hardware PowerPlex 2000 Series • Universal Kaba 1539 Cylinder with Schlage "C" Keyway • Cylinder adapter discs to fit the following KIL cylinders: Schlage Primus 20-724-XXX, Schlage Everst 21-020-XXX, ASSA xx=version number.
For purposes of this Section 4.6, a distribution hereunder by the Administrative Agent or any Lender to or for the account of any Lender shall be deemed a payment by KIL, such Guarantor and such Borrower.
The Lender requesting reimbursement under this Section shall promptly notify the Administrative Agent and KIL in writing of the occurrence of any such event, such notice to state, in reasonable detail, the reasons therefor and the additional amount required fully to compensate such Lender for such increased cost or reduced amount.
Following the occurrence of an Event of Default, KIL shall pay any reasonable documented fees of such independent public accountant incurred in connection with the Administrative Agent’s, the Issuer’s or any Lender’s exercise of its rights pursuant to this Section.
LL Lever—Long No Charge 606 Satin Brass (04) Add $25.00 626 Satin Chrome (26D) No Charge U13 Dark Bronze (Simulated 10B/613) Add $100.00 E-Plex® 2000 Series • Installation Manual • Quick Reference Guide • Operations Manual • Full-Scale Template • Required Installation Hardware • Universal Kaba 1539 Cylinder with Schlage "C" Keyway • Cylinder adapter discs to fit the following KIL cylinders: Schlage Primus 20-724-XXX, Schlage Everst 21-020-XXX, ASSA xx=version number.