Examples of Unused Term Loan Commitment in a sentence
The actuary to a scheme or to a regulatory own funds trust RAC or the auditor of a scheme or trust RAC may request the trustees or registered administrator of the scheme or the trust RAC or any employer to whom the scheme relates to furnish him with such information as he may reasonably require for the purposes of his functions under this Act or regulations thereunder and the trustees, registered administrator or employer, as the case may be, shall comply with any such request.
Nor is he liable, although the corporation had a regular attorney, for the employment of additional counsel in a suit against him and the other directors, personally, for maladministration, if the suit involved also the interest of the corporation, and the expenditure was reasonable and beneficial to the company, particularly where the directors knew of the employment, and made no objection.
Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Term Loan Advance”) to the Borrowers from time to time on any Business Day during the period from the Closing Date until the Term Loan Commitment Termination Date in a principal amount for each such Term Loan Advance not to exceed such Lender’s Unused Term Loan Commitment at such time.
The Coast Guard will also inform the users of the waterway through our Local and Broadcast Notices to Mariners of the change in operating schedule for the bridge so vessel operators can arrange their transits to minimize any impact caused by the temporary deviation.In accordance with 33 CFR 117.35(e),the drawbridge must return to its regular operating schedule immediately at the end of the effective period of this temporary deviation.
NMC RALLYING THE SUPPORT OF AFRICAN COUNTRIES TO ORGANIZE THE FIRST AFRICAN INFORMATICS OLYMPIAD 2009, NRC signed a contract to produce this vaccine with the holding company for biological product and vaccines – VACERA.
Simultaneously, it increases the error by up to 10, 65, 5 % respectively.
During the period from (and including) the Effective Date to (but excluding) the earliest of (i) the Term Loan Facility Maturity Date, (ii) the date the Total Term Loan Commitment has been wholly advanced or has been reduced to zero, and (iii) the date that the Unused Term Loan Commitment has been reduced to zero, Inco shall pay to the Administrative Agent for the benefit of the Term Loan Lenders an aggregate commitment fee in respect of the Term Loan Facility (the “Term Loan Facility Commitment Fee”).
Each Commitment Fee shall be payable at a per annum rate equal to (x) the applicable commitment fee rate set forth on in the table below (the “Applicable Commitment Fee Rate”) times (y) the Unused Term Loan Commitment or the Unused Bridge Loan Commitment, as applicable, for each day of such period.
Simultaneously with each reduction or termination of the Term Loan Commitment, the Borrower shall pay to the Administrative Agent for the account of each applicable Lender the Commitment Fee accrued and unpaid on the amount of the Unused Term Loan Commitment of such Lender so terminated or reduced through the date thereof.
Borrower shall pay to Administrative Agent for the account of Lenders, based on each Lender's pro-rata share, a non-refundable, recurring Unused Fee calculated by applying an annual rate of 0.250% to the Unused Revolving Loan Commitment and the Unused Term Loan Commitment as of the last day of each fiscal month of Borrower.