Examples of Extended Facilities in a sentence
Investor shall have the right, prior to the end of the Extended Due Diligence Period, to delete up to four (4) of the Extended Facilities specified herein from this Agreement, in which case the Agreement shall continue in full force and effect with respect to those Facilities not so deleted.
Sunrise shall have the right to offer one or more replacement facilities with a proposed Agreed Value to replace the Extended Facilities deleted as aforesaid.
This Agreement may be terminated as to the Extended Facilities during the Extended Due Diligence Period for any reason or no reason, for failure of any of the conditions set forth in Article VII to occur, or as otherwise permitted by this Agreement.
Following the Extended Facilities Discharge Date, the Borrower may cancel the Tranche B Available Amount, or any part thereof which is a Required Amount, without premium or penalty at any time before the Final Maturity Date by giving to the Agent not less than 10 Business Days’ irrevocable written notice of the date and amount of the cancellation.
Buyer acknowledges, however, that Seller’s obligations under the Extended Facilities Obligations change from time to time and that amendments to the schedules will be allowed to update the status of Extended Facilities Obligations incurred in the ordinary course of business without having such amounts apply against the $5,000,000 threshold or resulting in a Purchase Price reduction pursuant to this Section 5.2.
Request for Extended Facilities .......................................................................
Except as reflected in Section 4.19 of the Disclosure Schedule and pursuant to the Extended Facilities Obligations or Ordinary Course Producer Obligations under Company Contracts, since the Balance Sheet Date, neither Seller nor the Company has sold, assigned, conveyed, or transferred or contracted to sell, assign, convey or transfer any right or title to, or interest in any of the Properties other than as contemplated in Section 7.17.
Plant The Facilities and all or part of the Extended Facilities as the case may be.
Following the Bridge Facility Discharge Date and the Extended Facilities Discharge Date, the Borrower may cancel the Tranche A Available Amount or the Tranche B Available Amount, or any part of each which is a Required Amount, without premium or penalty at any time before the relevant Final Maturity Date by giving to the Agent not less than 10 Business Days’ irrevocable written notice of the date and amount of the cancellation.
Following the Extended Facilities Discharge Date, the Borrower may, subject to Clause 6.3, prepay any Advance, or any part of it which is a Required Amount, without penalty at any time if it gives to the Agent not less than 10 Business Days’ irrevocable written notice of the Advance to be prepaid and the date and amount of the prepayment.