Examples of Term Loan C Advances in a sentence
The aggregate outstanding Term Loan C Advances may be up to the Maximum Term Loan C Amount.
The Term A Loan Advances, the Term B Loan Advance and the Term Loan C Advances are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.
TERM LOANS 40 4.1 Term Loans 40 4.2 Accrual of Interest and Maturity; Evidence of Indebtedness 40 4.3 Repayment of Principal 41 4.4 Requests for Term Loan C Advances 42 4.5 Term Loan Rate Requests; Refundings and Conversions of Advances of Term Loans 43 4.6 Base Rate Advance in Absence of Election or Upon Default 44 4.7 Interest Payments; Default Interest 44 4.8 Optional Prepayment of Term Loans 45 4.9 Use of Proceeds 45 4.10 Term Loan C Fees 45 5.
This Note evidences Term Loan C Advances made under, is subject to, may be accelerated and may be prepaid in accordance with, the terms of the Credit Agreement, to which reference is hereby made.
Table of Contents outstanding at the end of the Interest Only Period shall be paid in 30 equal monthly installments of principal and interest and if the Term Loan Maturity Date is September 1, 2015, the aggregate principal balance of the Term Loan C Advances that is outstanding at the end of the Interest Only Period shall be paid in 36 equal monthly installments of principal and interest.
All Line of Credit Advances, Term Loan A Advances, Term Loan B Advances, Term Loan C Advances and Term Loan D Advances (collectively “Advances” and individually, an “Advance” and also sometimes referred to in each case as a “Loan” and collectively the “Loans”), to Borrower, and all other debits and credits provided for in this Agreement, shall be evidenced by entries made by U.S. Bank in its internal data control systems showing the date, amount and reason for each such debit or credit.
Borrower hereby represents and warrants that all of the conditions contained in Sections 2.3(II) and 2.4 of the Credit Agreement have been satisfied on and as of the date hereof, and will continue to be satisfied on and as of the date that the Term Loan C Advance(s) is requested hereby, before and after giving effect thereto and to the application of the proceeds therefrom.
During the Term C Draw Period, Bank shall make available to Borrower Term Loan C Advances in an aggregate amount of up to the Term Loan C Amount subject to the satisfaction of the terms and conditions of this Agreement.
The Credit Agreement provides for the acceleration of the maturity of this Note upon the occurrence of certain events and for prepayments of Term Loan C Advances upon the terms and conditions specified therein.
The proceeds of the Term Loan C Advances shall be used by Borrower solely for purposes for which the proceeds of the Revolver Loans are authorized to be used.