Examples of UK Term Loans in a sentence
Any prepayment of principal of the UK Term Loans shall include all interest accrued to the date of prepayment and shall be applied as directed by GWI.
If at any time, the Aggregate UK Exposure exceeds UK Maximum Borrowing Availability then in effect, then (a) until the Discharge of Applicable ABL Priority Obligations, the UK Borrower shall immediately prepay first, the ABL UK Revolver Loans and then, the UK Term Loans, and (b) thereafter, the UK Borrower shall immediately prepay the UK Term Loans, in each case in an amount to eliminate such excess.
No amount repaid with respect to the UK Term Loans may be reborrowed.
U.K. Term Loans must be Eurocurrency Rate Loans, as further provided herein.
Each prepayment of UK Term Loans under this Section 5.3.4 shall be applied to the principal repayment installments of the UK Term Loan in inverse order of maturity, including, without limitation, the final principal repayment installment on the Maturity Date.
Amounts prepaid on account of the Domestic Term Loans and the UK Term Loans may not be reborrowed.
The UK Borrower shall repay to the UK Lenders the aggregate principal amount of all UK Term Loans on Maturity Date.
This plan is based on a realistic approach to the problems likely to be encountered on a campus during a major emergency or disaster.
UK Term Loans may only be Eurocurrency Rate Loans, as further provided herein.
The UK Term Loans shall be made in Pounds Sterling and may from time to time be (a) Domestic Sterling Loans, (b) Sterling Base Rate Loans or (c) a combination thereof, as determined by the UK Borrower in the initial notice of borrowing or in any notice of conversion with respect thereto.