Refinancing Commitment definition

Refinancing Commitment means any commitment from or other agreement with any Person providing for the financing of the Property, some or all of the proceeds of which are intended to be used for the repayment of all or a portion of the Loan.

Examples of Refinancing Commitment in a sentence

  • As noted above, we have entered into the 2015 Refinancing Commitment Letter to refinance the 2015 Convertible Notes at or immediately prior to their maturity with a new facility which will mature in 2019.

  • Refinancing Commitment Letter means that part of the Debt Commitment Letter relating to the refinancing of Virtus if the Takeover Bid becomes unconditional.

  • Refinancing means the refinancing of Virtus contemplated by the Refinancing Commitment Letter and the Refinancing Agreement.

  • Refinancing Agreements means definitive facility agreements and security agreements to give effect to the terms and conditions provided for in the Refinancing Commitment Letter.

  • Once the transaction contemplated by the 2015 Refinancing Commitment Letter has completed, we believe we will have adequate cash resources to continue operating as a going concern for the foreseeable future; however, funding of this transaction is subject to customary closing conditions (including the execution and delivery of documentation, the accuracy of representations, the absence of events of default and the absence of material adverse changes), certain of which are outside our direct control.


More Definitions of Refinancing Commitment

Refinancing Commitment means the commitment of each Lender, pursuant to Section 2.21 to make a Refinancing Term Loan to the Borrower.
Refinancing Commitment means capital commitments reasonably satisfactory to the Purchaser which are sufficient to (i) pay the Cash Payment, (ii) refinance all of the Purchaser's outstanding indebtedness immediately prior to the Closing, (iii) provide collateral for required Financial Assurance, (iv) fund the payment of all reasonable costs and expenses of the transactions described in this Agreement and (v) provide ongoing funding for working capital needs and general corporate purposes. Such capital commitments shall contain normal and customary conditions including material adverse change but excluding syndication and due diligence.
Refinancing Commitment means the commitment of each Lender, pursuant to Section 2.212.20 to make a Refinancing Term Loan to the Borrower (including the 2018 Refinancing Commitments, the 2021 Refinancing Commitments and the 2023 Refinancing Commitments).
Refinancing Commitment has the meaning assigned to such term in Section 2.07(a).
Refinancing Commitment means a bona fide and fully executed written commitment for the refinancing (including a sale-leaseback transaction) of a Refinancing Project: (a) from an institutional lender approved by Lenders; (b) providing for the satisfaction or lapse of all due diligence contingencies to the lender's performance not later than January 31, 2002; (c) providing for a closing not later than February 15, 2002; and (d) otherwise reasonably acceptable to Lenders.