Examples of RBC Credit Agreement in a sentence
In addition, the RBC Term Loan calls for mandatory repayments based on 20% of Apex’s free cash flow as defined in the RBC Credit Agreement, before discretionary bonuses based on the annual year end audited financial statements of Apex, beginning with the fiscal year ended December 31, 2012, and payable within 30 days of the delivery of the annual audited financial statements, and continuing every six months through December 31, 2014.
Notwithstanding anything to the contrary set forth in this Section 4.3, solely for the period commencing on the Closing Date and ending at 5:00 p.m. on the date that is 30 days following the Closing Date (or such later date as agreed to in the sole discretion of the Administrative Agent or the Required Lenders), the RBC Credit Agreement shall not constitute a “Contractual Obligation” for purposes of clause (c) of this Section 4.3.
The income streams for both subsidiaries were dependent on the success of the hotel business.
The Borrower or any Affiliate defaults in the making of any payment of (i) any Debt owing under the TD Credit Agreement, any of the Other TD Credit Agreements or the RBC Credit Agreement and such default continues after all applicable grace or cure periods have expired, or (ii) any Secured Swap Obligations and such default continues for a period of 3 Banking Days after all applicable grace or cure periods have expired.
Thus, a student enrolled in GEOG 102 and ECON 325 would take the ECON 325 exam at the assigned time and the makeup in GEOG 102.2. If courses in conflict are the same level and number, an alphabetical determination by full name of the department, not its acronym, will be made.