Loan G definition
Examples of Loan G in a sentence
Each Lender made the amount of its Applicable Percentage of Term Loan F, Term Loan G and Term Loan H available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office on December 5, 2014.
Borrower shall have duly executed and delivered a Note in the amount of each of Loan E, Loan F and Loan G to the applicable Lender.
Borrower may prepay principal on Term Loan G solely in accordance with the provisions of Term Note G.
Borrower shall have executed and delivered to each Lender the Additional Warrants applicable to each of Loan E, Loan F and Loan G.
The principal amount of Term Loan G shall be repaid in accordance with the provisions of Term Note G.
If Loan G is funded, Borrower shall pay to the applicable Lender a payment in the amount of One Hundred Forty Thousand Dollars ($140,000) (the “Loan G Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan G, (B) an Event of Default and demand by Lender of payment in full of Loan G or (C) the Maturity Date, as applicable.
Interest shall accrue on the outstanding balance during such period and such amount shall be capitalized by adding it to the principal amount of Term Loan G at the conclusion of such period.
Co-Borrowers shall pay to Horizon a payment in the amount of Seventy-Five Thousand Dollars ($75,000) (the “Loan G Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan G, (B) an Event of Default and demand by such Lender of payment in full of Loan G or (C) the Maturity Date, as applicable.
As security for all indebtedness of Borrower to Bank under the Line of Credit Term Loan B, Term Loan C, Term Loan D, Term Loan E, Term Loan F, Term Loan G and Term Commitment, Borrower shall cause Rotocast Plastic Products of Tennessee, Inc.
Cali MW hereby assumes the Loan C First Replacement Note and the Loan G First Replacement Note.