Examples of Outstanding in a sentence
The Borrowers may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon at least three (3) Business Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the Aggregate Outstanding Credit Exposure.
In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall test that (a) A, B, C, Y and Z and the Amortisation Test Aggregate Asset Amount have been calculated in accordance with Schedule 3 to the Asset Monitoring Agreement; and (b) whether or not the Amortisation Test Aggregate Asset Amount is equal to or greater than the aggregate Principal Amount Outstanding of the Covered Bonds.
To be entitled to consent, a Person must be a Holder of Outstanding Notes of such Series or a Person appointed by an instrument in writing as proxy for a Holder or Holders of Outstanding Notes of such Series by such Holder or Holders, which proxy need not be a Holder of Notes.
The Borrower further agrees, confirms and declares that in the event of his/ its failure to repay the Outstanding Balance or any part thereof to the Bank, the Right of Redemption of the Borrower, or any other person claiming under him, as herein provided shall be waived and the Bank shall be entitled forthwith to appropriate the Monthly Receivables in favour of itself (or any such person/s as the Bank may direct).
HCA will utilize the ASPIRE program (Active Students Performing Intellectual Reasoning Endeavors) as a precursor and identifier for children who will then participate in an in-house gifted program called SOAR (Students with Outstanding Ability Resource) program, defined later in the document.