Capex Loans definition

Capex Loans has the meaning specified in Section 2.2(a).
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Capex Loans means, respectively, each direct advance and the aggregate of all such direct advances, from time to time in the form of either Prime Loans or LIBOR Loans, made by the Bank to the Borrower under and pursuant to this Agreement, as set forth in Section 2.1 hereof.
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Capex Loans means the Capex Loan A and Capex Loan B.
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Examples of Capex Loans in a sentence

  • The aggregate dollar amount of LIBOR Loans may not comprise more than 80% of the outstanding dollar amount of all Revolver Loans plus 100% of the outstanding dollar amount of all Term Loans plus 100% of the outstanding dollar amount of all Capex Loans minus any scheduled principal payments of the Term Loans to be made pursuant to Section 5.3.1 minus any scheduled principal payments of the Capex Loans to be made pursuant to Section 2.2B.3 during Interest Periods for all LIBOR Loans.

  • Subject to the terms and conditions of this Agreement, the Obligors and each Lender agree that on the Closing Date, the Existing Capex Loans shall be re-evidenced as Capex Loans loans under this Loan Agreement and the terms applicable thereto shall be restated in their entirety and shall be evidenced by this Agreement.

  • The Borrower agrees to pay the Bank a non-utilization fee equal to one half of one percent (.5%) of the total of (a) the Capex Loan Commitment minus (b) the sum of (i) the daily average of the aggregate principal amount of all Capex Loans outstanding.

  • The first paragraph of Section 2 of the Schedule to the Loan and Security Agreement is deleted and is replaced by the following: The Revolving Loans outstanding from time to time and Capex Loans shall bear interest at an annual rate equal to the “Prime Rate” in effect from time to time, plus 8.50% per annum.

  • All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Capex Loans advanced hereunder, (ii) any unpaid interest owing on the Capex Loans, and (iii) all amounts repaid on the Capex Loans.


More Definitions of Capex Loans

Capex Loans means, collectively, each Advance, and the aggregate of all such Advances, made by the Bank to the Borrower under and pursuant to this Agreement, as set forth in Section 2.3.
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Capex Loans has the meaning given to it in Section 1.2 of the Schedule.
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Capex Loans means all of such Loans.
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Capex Loans means, collectively, the CAPEX Dollar Loans and the CAPEX Pound Loans. "CAPEX Loan" shall refer individually thereto.
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Capex Loans wherever they appear and inserting in place thereof "Revolving Credit Loan" and "Revolving Credit Loans", respectively and (2) deleting, in the first sentence thereof, "CapEx Loan (including, if applicable, upon the initial borrowing hereunder)" and inserting in place thereof "Revolving Credit Loan the proceeds of which will be used to make Capital Expenditures and".
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Capex Loans. Capex Loan Commitment", "Capex Note", "First Amendment Closing Date", "First Amendment Term Loan", "Grafalloy", and the definitions thereof, as hereinafter provided and (ii) deleting the definitions of the following terms in their entireties and substituting the definitions set forth below in lieu thereof: "Loan" or "Loans", "Note", "Term Note", and "Total Credit Facility":
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Capex Loans has the meaning specified in paragraph 2(d) hereof.
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