Examples of Term Loan Cash Collateral in a sentence
So long as any Incremental Term Loan is outstanding hereunder, the Incremental Term Loan Agreements and/or the Account Control Agreements create valid security interests in, and Liens on, the Incremental Term Loan Cash Collateral purported to be covered thereby, which security interests and Liens are, if applicable, perfected security interests and Liens, prior to all other Liens (other than inchoate Liens permitted under Section 7.01).
The Incremental Term Loan Cash Collateral Account[s] that serve as collateral for the Series [ ] Incremental Term Loans [is/are] [ ].
Prevented never events are defined as SI that may have been never events had action not been taken to avoid a SI meeting the never event criteria and where such action is not part of the specified preventative action detailed in the relevant guidance or safety recommendations.
The Borrower shall have the right to obtain the release of funds from such Term Loan Cash Collateral Account if it elects to use such cash collateral for such purposes.
The Debtors continue to have a critical need to obtain the financing pursuant to the DIP Term Loan Credit Facility and to continue to use the Prepetition Term Loan Priority Collateral (including Term Loan Cash Collateral) in order to, among other things, (i) permit the orderly continuation of the operation of their businesses, (ii) maintain business relationships with customers, vendors and suppliers, (iii) make payroll, and (iv) satisfy other working capital and operational needs.
The Bonus is credited only once for the entire duration of the Promotion.
With the Executive Board approval of the Flexible Lending Mechanism (FLM) policy paper at the September 1998 Session, one FLM loan to Mali will be presented to the December 1998 Session for approval, with start-up foreseen in 1999.
The access by the DIPParties to sufficient working capital and liquidity through the use of Term Loan Cash Collateral and other Prepetition Term Loan Priority Collateral, incurrence of new indebtedness under the DIP Term Loan Documents and other financial accommodations provided under the DIP Term Loan Documents are necessary and vital to the preservation and maintenance of the going concern value of the DIP Parties and to a successful reorganization of the DIP Parties and DIP Term Loan Obligations.
If the Conditions to Release have not been satisfied in full on or prior to the 30th day after the Filing Date, unless extended by all Lenders, the Term Loan Cash Collateral shall be promptly paid to the Term Lenders for application first, to all accrued and unpaid interest on the Term Loan and then to prepay the principal balance of the Term Loan.
COMMISSIONER COMMENTS (CONTINUED) Mayor McCulloh informed the community that the agreement with the Downtown Farmer's Market is on the consent agenda and will be open beginning April 16, 2016.