Examples of Tranche 2 Advances in a sentence
As GE observes, even under the more lenient “non-trivial competitive injury” standard, a protestor “must at least be qualified to compete for the contract it seeks.” CliniComp Int’l, 904 F.3d at 1360.
On the earlier of the Term Loan Maturity Date, the prepayment of all Credit Extensions, or the date the Obligations become due and payable, a Final Payment Fee equal to (i) One Hundred Fifty Thousand Dollars ($150,000) plus (ii) an additional amount equal to 1.00% of the aggregate amount of Term Loan Tranche 2 Advances made during the term of this Agreement.
Interest shall accrue from the date of each Term Loan Tranche 2 Advance at the rate specified in Section 2.3, and shall be payable monthly on the 11th day of each month so long as any Term Loan Tranche 2 Advances are outstanding.
The obligations of the Facility Agent and each Bank in respect of each Tranche 2 Utilisation are subject to the Facility Agent being satisfied that at the relevant date of the Tranche 2 Utilisation Notice the amount of the Equity Contribution is at least 50% of the aggregate of the amount of Tranche 2 Advances outstanding and the amount requested in the Tranche 2 Utilisation Notice.
The proceeds of the Tranche 2 Advances shall be used for general working capital purposes and for capital expenditures.
Borrower may prepay any Term Loan Tranche 2 Advances without penalty or premium.
Subject to and upon the terms and conditions of this Agreement, at any time from the date on which Borrower achieves the Term Loan Tranche 2 Milestone through the Term Loan Xxxxxxx 0 Xxxxxxxxxxxx Xxx Date, Bank agrees to make one (1) or more Term Loan Tranche 2 Advances to Borrower in an aggregate amount not to exceed the Term Loan Tranche 2.
Notwithstanding anything in this Agreement to the contrary, the Borrower shall not optionally prepay any Tranche 1 Advances, Tranche 2 Advances or Tranche 3 Advances while any Tranche 4 Advances are outstanding.
Term Loan Tranche 2 Advances, once repaid, may not be reborrowed.
If backup withholding applies, the Paying Agent is required to withhold 30.5% (assuming Shares are surrendered this year) of any payments made to the stockholder.