Outside Financing definition

Outside Financing has the meaning given in Section 7(l).
Outside Financing means financing other than Seller Financing or Take-Back Financing obtained by an Excluded Subsidiary from a Person other than Lenders provided that Borrower has complied with Section 7.23 of this Agreement.
Outside Financing means a financing (i) which is not provided by the Lenders pursuant to the terms of this Agreement (ii) which is provided to a Borrower in the ordinary course of business by a financial institution that is not an Affiliate, (iii) which is incurred in connection with and within the 6-month period following the purchase of an Aircraft, and (iv) the proceeds of which are sufficient to provide at least 75% of the purchase price of such Aircraft.

Examples of Outside Financing in a sentence

  • Pre-Pay OPTION TWO – (FOR INSURANCE PATIENTS) Pay per visit – Estimated Co-payment OPTION THREE – Outside Financing □ I would like to take advantage of the recommended finance company, making monthly payments to them directly for services rendered in this dental practice.

  • The terms of the Outside Financing include (i) a primary guarantee by Berkshire of 90 percent of the Company's obligations under such Outside Financing, and (ii) a primary guarantee by Leucadia of the remaining 10 percent of the Company's obligations under such Outside Financing, as well as a secondary guaranty by Berkshire of such remaining 10 percent of the Company's obligations under such Outside Financing.

  • Upon the closing of each subsequent Outside Financing, additional deposits into the Escrow Account shall be made in accordance with this section.

  • Consistent with the preceding sentence, and pursuant to Section 18-303(b) of the Act, Berkadia-Management hereby agrees to be liable for all of the Company's obligations under the Outside Financing, and no other Member shall bear any responsibility or liability for any portion of such Company obligations.

  • Upon agreement to such Master Plan and satisfactory completion of their due diligence on the Project as set forth in this Agreement, the Due Diligence Phase Completion Letter will be executed on behalf of the Parties memorializing the approved Master Plan and the Outside Financing Commitment Date and agreeing to end the Due Diligence Phase and proceed with the Pre-Development Phase.


More Definitions of Outside Financing

Outside Financing shall be defined as (i) any transaction where the Company sells or transfers its equity or debt securities for cash whether in public or private offerings and (ii) any financing from a bank or other entity acting as a financial institution made to the Company or any Subsidiary other than pursuant to the existing demand facility of Comerica Bank-Texas on the date hereof (but not to any increases in such facility) or Purchase Money Indebtedness incurred in the ordinary course of business.
Outside Financing has the meaning set forth in Section 1.3(a) of this Agreement.
Outside Financing means financing other than Seller Financing or Take-Back Financing obtained by an Excluded Subsidiary from a Person other than Lenders provided that Borrower has complied with S ection 7 .23 of this Agreement.
Outside Financing shall be defined as (i) any transaction where the Company sells or transfers its equity or debt securities for cash whether in public or private offerings and (ii) any financing from a bank or other entity acting as a financial institution made to the Company or any Subsidiary; provided, however, that neither purchase money debt incurred to finance equipment in the ordinary course of business (or any refinancing thereof) nor the Small Business Administration loan in the amount of up to $833,000 from Community National Bank, a national banking corporation, to the Company dated as of December 31, 1997, shall be considered an Outside Financing.
Outside Financing means a Subsidiary's or Borrower's borrowing of any money (including purchase-money financing from the seller of any Approved Property), other than trade payables, the Loans, and DMB Affiliated Financing.
Outside Financing means any transactions where any Maker or any Subsidiary of any Maker, now or hereafter acquired, sells its equity or debt securities for cash whether in public or private offerings or bond financings, provided, however, that an Outside Financing shall not include any transactions involving (i) purchase money debt incurred to finance equipment and inventory in the ordinary course of business, (ii) the sale of any securities for the sole purpose of financing acquisitions, (iii) the issuance of shares of Common Stock pursuant to existing stock options to employees, officers and directors or existing plans covering such persons and (iv) the sale of any securities between ICSL and any of its Subsidiaries or between Subsidiaries of ICSL.
Outside Financing means any capital raising transaction or transactions by the Company or any of its Affiliates.