Revolving Loan Mandatory Prepayments definition

Revolving Loan Mandatory Prepayments have the meanings described in Section 2.1.6 (Mandatory Prepayments of Revolving Loan).
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Revolving Loan Mandatory Prepayments have the meanings described in Section (F)
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Examples of Revolving Loan Mandatory Prepayments in a sentence

  • The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.

  • The statute of repose for negligence actions by corporations against officers and directors is five years.

  • The Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.8 (Borrowing Base) in order to cover any Borrowing Base Deficiency.

  • Subject to the provisions of Section 2.6.4(Indemnity) and in addition to any mandatory prepayment required by the provisions of Section 2.2.3 (Term Loan Mandatory Prepayments), upon the request of the Agent pursuant to Section 2.1.3 (Borrowing Base), the Borrower shall make mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in order to cover any Borrowing Base Deficiency.

  • The Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.

  • The evaluations of the material balance approach have focused on the amount of uncertainty added by elimination of the sampling.

  • The Borrowers, jointly and severally, shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.

  • The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.4 (Borrowing Base) in order to cover any Borrowing Base Deficiency.

  • The Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) and/or Section 2.1.11(c) (Required Availability under the Revolving Credit Facility) of this Agreement in order to cover any Borrowing Base Deficiency.

  • The Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 and 5.2.2 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.

Related to Revolving Loan Mandatory Prepayments

  • Mandatory Prepayments means the prepayments of the Loans required by Section 3.5 hereof.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Waivable Mandatory Prepayment as defined in Section 2.15(c).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.