Examples of Term Loan Principal Debt in a sentence
If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.
Any voluntary prepayment of the Principal Debt shall be applied to the Revolver Principal Debt and the Term Loan Principal Debt at the Borrower's discretion; provided, that upon any Default or Event of Default, any such prepayment shall be allocated pro rata to each Revolver Lender and each Term Loan Lender in accordance with its Percentage Share of the Principal Debt.
Any mandatory prepayment of the Principal Debt under CLAUSE (b)(ii) above shall be applied first against the Term Loan Principal Debt, and the balance, if any, shall be applied against the Revolver Principal Debt.
If all or any portion of the Term Loan Principal Debt is paid or prepaid, then the amount so repaid may not be reborrowed.
FDA expects that Phase 1 studies, including pharmacokinetic studies, would be conducted in consenting subjects and not in a trial conducted under 21 CFR 50.24, because such studies would generally not meet the criteria for the prospect of direct benefit required by 21 CFR 50.24(a)(3).