Examples of Term D Loans in a sentence
The Borrower hereby promises to pay interest on the unpaid principal amount of the Initial Incurrence from the date of such Initial Incurrence until such principal amount is paid in full, at such interest rates, and at such times as are applicable in respect of Term D Loans (as defined below).
No such assignment shall be made to (A) the Borrower or any of its Subsidiaries or Affiliates (except solely as to Term D Loans and Incremental Institutional Term Loans as permitted pursuant to Section 11.5(g)) or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B).
At the request of any Lender, Borrowers shall deliver a Term B Note, Term C Note, Term D Note, Term E Note, Term F Note or Term G Note in the principal amount equal to such Lender’s Term B Loans, Term C Loans, Term D Loans, Term E Loans, Term F Loans or Term G Loans, as applicable, to such Lender.
The Junior Term D Loans are subordinate and junior in right of payment to the Junior Term C Loans to the extent provided in this Article 10.
The Term D Borrowing shall consist of Term D Loans made simultaneously by the Term D Lenders in accordance with their respective Term D Commitments.
The Borrowers paid to the Bank a fee in the amount of ------------- $65,500.00, for the granting of the Term A Loans, Term B Loans, Term C Loans and Term D Loans.
As of the date hereof the outstanding principal balance of the U.S. Revolving Loans is $90,867,415.83; U.S. Letter of Credit Outstandings is $11,902,372 (of which $1,600,000 is cash collateralized under the terms of a Cash Collateral Agreement dated as of April 16, 2001); Term B Loans is $65,125,196.41; Term C Loans is $62,274,581.93; Term D Loans is $29,254,342.26; Canadian Revolving Loans is Cdn.$28,739,529.87; Canadian Swingline Loans is Cdn.$230,000; and Canadian Term Loans is Cdn.$16,544,824.21.
As of the Effective Date the Lenders have extended term loans to the Borrower in a maximum original aggregate principal amount of $110,000,000 (relative to such Lender, its "Term D Loans").
The proceeds of the Term D Loans were used by Borrowers for financing all or any part of the purchase price or cost of design, construction, installation or improvement or lease of property (real or personal), plant or equipment (whether through the direct acquisition of such assets or the acquisition of capital stock of any Person owning such assets) used in the business of the Borrowers.
There shall have been paid to the Funding Agent, for the pro rata account of each of the Lenders executing this First Amendment on or prior to the Effective Date, an amendment fee equal to .075% of such Lender's aggregate Commitments and Loans (other than Term D Loans).