No Term definition

No Term out Advance, once repaid or prepaid, may be reborrowed (other than under Clause 10.6) (Optional Currency).

Examples of No Term in a sentence

  • No Term Loan Advance that is not a Local Currency Advance may be Converted at any time into a Term Loan Advance that is a Local Currency Advance, and no Term Loan Advance that is a Local Currency Advance may be Converted at any time into a Term Loan Advance that is not a Local Currency Advance.

  • No Term Loan Advance that is not a Japan Local Currency Advance may be Converted at any time into a Term Loan Advance that is a Japan Local Currency Advance, and no Term Loan Advance that is a Japan Local Currency Advance may be Converted at any time into a Term Loan Advance that is not a Japan Local Currency Advance.

  • No Term Loan Creditor shall seek in any Insolvency Proceeding to be treated as part of the same class of creditors as the Revolving Creditors or the Existing Notes Creditors or shall oppose any pleading or motion for the Revolving Creditors, the Existing Notes Creditors and the Term Loan Creditors to be treated as separate classes of creditors.

  • No Term Loan Agent has any obligation to follow instructions from the ABL Agent in contravention of this Agreement.

  • No Term Lender shall, in such capacity, have access to or be otherwise permitted to review any information in the Register other than information with respect to such Term Lender unless otherwise agreed by the Term Agent.

  • No Term Lender shall exercise any such right of setoff without the prior consent of Term Agent or Required Lenders.

  • No Term Loan or Participation therein may at any time be held by or on behalf of Persons that are not “Qualified Purchasers” for purposes of Section 3(c)(7) of the Investment Company Act.

  • No Term Loan Commitment of any Lender shall be increased or otherwise affected, and, except as otherwise expressly provided in this Section 2.21, performance by the Loan Parties of their obligations hereunder and the other Loan Documents shall not be excused or otherwise modified as a result of any Funding Default or the operation of this Section 2.21.

  • No Term Loan Commitment of any Lender shall be increased or otherwise affected, and, except as otherwise expressly provided in this Section 2.17, performance by Company of its obligations hereunder and the other Loan Documents shall not be excused or otherwise modified as a result of any Funding Default or the operation of this Section 2.17.

  • No Term SOFR Rate Loan shall be made available to any Borrower during the continuance of an Event of Default.

Related to No Term

  • Modification means (i) a change to the delivered source code or metadata; or (ii) any development, other than a change to the delivered source code or metadata, that customizes, enhances, or changes existing functionality of the Software including, but not limited to, the creation of any new application program interfaces, alternative user interfaces or the extension of SAP data structures; or (iii) any other change to the Software (other than an Add-on) utilizing or incorporating any SAP Materials (defined below).

  • Alteration means the marking, changing or altering in a material way of the terms, meaning or legal effect of a document with the intent to deceive.

  • Alter means to change the cellular structure of living tissue.

  • Limit means a limit per tonne gross weight of that part of the Goods in respect of which a claim arises.

  • Modify and “Modification” are defined in Section 2.20.1.