Offer Loans definition
Examples of Offer Loans in a sentence
In addition, until such time as the Equity Event shall have occurred, the Offer Loan Commitments shall be automatically reduced by an amount equal to the net proceeds of any issuance or disposition or any payment to TUC, in each case described in Section 2.11(d), with such reduction to be effective on the later to occur of the date of such issuance, sale or payment, as the case may be, and the date specified under Section 2.11(d) for any related prepayment or repayment of the Offer Loans.
Certain Funds Conditions For All Offer Loans During the Revolving Period .
Subject to the terms and conditions set forth herein, each Lender with a Tender Offer Loan Commitment ("Tender Offer Loan Lender") hereby severally and not jointly agrees to make on the Tender Offer Funding Date, a Tender Offer Loan (each individually, a "Tender Offer Loan" and, collectively, the "Tender Offer ----------------- ------------ Loans"), in Dollars, to Acquisition in an amount not to exceed such Lender's Pro ----- Rata Share of the Maximum Amount of the Tender Offer Loans.
The Borrower will prepay pursuant to an Asset Sale Offer Loans from all Lenders accepting such Asset Sale Offer (the "Accepting Lenders") on a pro rata basis (based on the amount of Loans the Accepting Lenders have elected to have prepaid).
All payments and prepayments of any Tender Offer Loans, Term Loans or Revolving Credit Loans, as the case may be, of the same Borrowing pursuant to subsections 3.1, 3.4 or 3.5 shall be applied pro rata among Lenders holding such Loans.