Examples of Specified Term Loans in a sentence
The Specified Future Foreign Subsidiary Borrower shall give the Specified Agent irrevocable notice by the Specified Notice Time requesting that the Specified Term Loan Lenders make the Specified Term Loans on a date certain and specifying the amount to be borrowed.
Each Specified Term Loan Lender will make an amount equal to the Specified Term Loans to be made by such Lender available to the Specified Agent for the account of the Specified Borrower at the office of the Specified Agent specified in subsection 12.2 prior to 11:00 a.m. local time of the Specified Agent, on the Borrowing Date requested by the Specified Borrower in funds immediately available to the Specified Agent.
On such date, each Specified Term Loan Lender shall make available to the Specified Agent at its office specified in the applicable Joinder Agreement an amount in immediately available funds equal to the Specified Term Loans to be made by such Lender.
The Borrower shall give to the Administrative Agent written notice of its intention to make a Waivable Repayment at least five Business Days prior to such repayment, which notice the Administrative Agent shall promptly forward to all Specified Term Lenders (indicating in such notice the amount of such repayment to be applied to each such Lender's outstanding Specified Term Loans).
In the example examined the distance to the electrical grid is estimated to be 50 km and all cables are assumed to be dug down.