Examples of Non-Revolving Credit Facility in a sentence
Additionally, under the Non-Revolving Credit Facility, iPic-Gold Class is currently restricted from paying cash dividends, and we expect these restrictions to continue in the future, which may in turn limit our ability to pay dividends on our Class A common stock.
This will include any repayment required to be made on the tenth Anniversary Date so that the Total Outstandings under the Non-Revolving Credit Facility and all accrued and unpaid interest thereon on that date do not exceed the applicable Non-Revolving Credit Facility Commitment for that Anniversary Date.
For the CD-HMMs correspond- ing to 8 Gaussians per state WER is improved by 15% when clR is replaced by pcR.
The retention period for audio recordings outlined in Section6.23 shall also apply to audio recordings streamed via the District’s website.
Pro Forma and Pro Forma As Adjusted columns reflect an additional advance of $18.0 million under the Non-Revolving Credit Facility to be utilized by the Company to repay outstanding principal and accrued interest on subordinated notes to a related party.
Except as otherwise provided herein, the Company will give the Agent a Notice of Borrowing with respect to each Borrowing under the Non-Revolving Credit Facility, not later than 11:00 a.m. (Cincinnati time) on (a) the Business Day of the proposed Borrowing in the case of a Borrowing consisting of Base Rate Advances and (b) three (3) Business Days prior to the proposed Borrowing Date, in the case of a Borrowing consisting of Eurodollar Rate Advances.
The Non-Revolving Credit Facility is secured by a first-priority security interest in substantially all of the assets of iPic-Gold Class and the guarantors.
Any person purchasing or otherwise acquiring any interest in any shares of stock of the corporation shall be deemed to have notice of and consented to the provisions of this Article Tenth.
Councillor Ryde on 27 September visited this location with Interim Works Coordinator to inspect the issue raised by Mr. Levy and the Officer in attendance noted the issue and will be looking at measures to mitigate this problem.
The Lenders will have no obligation to make Eurodollar Rate Advances if thereafter there would be outstanding under the Revolving Credit Facility and the Non-Revolving Credit Facility Eurodollar Rate Advances with Interest Periods that end on more than five (5) different dates.