Financing and Refinancing Sample Clauses

The "Financing and Refinancing" clause outlines the terms and conditions under which a party may obtain or restructure loans or other financial arrangements related to the subject matter of the agreement. It typically specifies the rights and obligations of the parties regarding securing new financing, replacing existing debt, or modifying loan terms, and may address requirements for lender approval, notification, or the use of proceeds. This clause serves to provide a clear framework for managing financial transactions during the contract term, ensuring that all parties understand how financing activities are handled and reducing the risk of disputes or misunderstandings.
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Financing and Refinancing. 54 7.12 Maintenance of Existing Service Contracts..............................54 7.13 Use of Proceeds........................................................54 7.14 Employees..............................................................54 7.15 Nominees...............................................................54 7.16 Outside Director Candidate Nominating Committee Rules..................54
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Financing and Refinancing. SECTION 10.
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Financing and Refinancing. (a) Project Co shall have the right to finance or refinance any portion of its business without consent of PUC, provided that any such financing or refinancing arrangements are in respect of the performance of its obligations under this Agreement and shall not result in any additional or increased costs or liability for PUC in relation to the Project or pursuant to the terms of this Agreement or increase to the Monthly Payments. In the event that any such financing or refinancing would have the effect of increasing the costs or liabilities of PUC as described herein, Project Co shall be required to obtain the consent of PUC to such financing or refinancing, such consent not to be unreasonably withheld. (b) If requested by Project Co PUC agrees to enter into a Lenders’ Remedies Agreement with Project Co’s lenders in substantially the form set out in Schedule 10 [Lenders’ Remedies Agreement] subject to any reasonable comments by PUC together with (at Project Co’s cost) any documents ancillary to such Lender’s Remedies Agreement that Project Co’s lenders may request, acting reasonably. (c) Notwithstanding Section 5.1(b), but subject always to its right of consent under Section 5.1(a) PUC agrees to, at Project Co’s cost, cooperate and provide reasonable assistance to Project Co in relation to any requests for information or access to the Project that may reasonably be requested by Project Co’s lenders in connection with any Project Co financing or refinancing referred to in Section 5.1(a).
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Financing and Refinancing. SECTION 10.1 - SUBORDINATION - ATTORNMENT This Lease shall be deemed subject and subordinate to any mortgage which may heretofore or hereafter be executed by Landlord covering the Building and land upon which the Building is located, and to all renewals, modifications or extensions thereof. The Landlord's interest in this Lease may be assigned as security for any financing now or hereafter required by Landlord. In the event any proceedings are brought or notice given by any assignee for foreclosure of any mortgage on the Building or for the exercise of any rights pursuant to any mortgage or assignment, upon demand, Tenant will attorn to the mortgagee, assignee or purchaser at a foreclosure sale as the case may be and will recognize such assignee, mortgagee or purchaser as Landlord, providing such assignee, mortgagee or purchaser agrees not to disturb Tenant's possession so long as Tenant is not in default under the terms of this Lease. In the event that Tenant refuses to or does not respond to Landlord's request to execute any such estoppel certificate required by any mortgagee, assignee or purchaser as aforesaid within ten (10) calendar days, then Tenant shall be deemed to have irrevocably reviewed, accepted, executed and delivered said documents to Landlord and Landlord, any mortgagee, purchaser, assignee or other party may rely on same as if actually executed and delivered by Tenant unmodified. SECTION 10.2 - ESTOPPEL CERTIFICATE Tenant will furnish to Landlord and/or to the holder of any mortgage from time to time encumbering the Demised Premises, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment that (or the extent to which) the Lease is in full force and effect, that Landlord is in compliance with its respective obligations thereunder, and that Tenant has no offsets or claims against Landlord. Tenant agrees to execute and deliver within ten (10) days after receipt thereof, an instrument of estoppel in the form or substantially in the form annexed hereto as Exhibit D. In the event that Tenant refuses to or does not respond to Landlord's request to execute any such estoppel certificate required by any mortgagee, assignee or purchaser as aforesaid within fifteen (15) calendar days, then Tenant shall be deemed to have irrevocably reviewed, accepted, executed and delivered said documents to Landlord and Landlord, any mortgagee, purchaser, assignee or other party may rely on same as if actually ...
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Financing and Refinancing. The Company, together with the Investors, shall exert its reasonable best efforts to arrange for new financing or refinancing of existing Indebtedness for a target amount of US$600 million on the terms and conditions (including final amount and terms related to use of proceeds) mutually acceptable to the Investors and the Company.
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Financing and Refinancing 
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Related to Financing and Refinancing

  • Refinancing Substantially concurrently with the Borrowing of 2015 Term Loans hereunder, the Refinancing shall be consummated in full to the satisfaction of the Lenders with all Liens in favor of the existing lenders being unconditionally released; the Administrative Agent shall have received a “pay-off” letter in form and substance reasonably satisfactory to the Administrative Agent with respect to all Indebtedness being refinanced in the Refinancing; and the Administrative Agent shall have received from any person holding any Lien securing any such Indebtedness, such UCC (or equivalent) termination statements, mortgage releases, releases of assignments of leases and rents, releases of security interests in Intellectual Property and other instruments, in each case in proper form for recording or filing, as the Administrative Agent shall have reasonably requested to release and terminate of record the Liens securing such Indebtedness. After giving effect to the Transactions, Irish Holdco and its Subsidiaries (including, without limitation, the Target and its Subsidiaries) shall have no outstanding preferred equity (unless owned by a direct parent thereof which is a Loan Party) or Indebtedness for borrowed money, except for Indebtedness incurred pursuant to (i) the Loan Documents, (ii) indebtedness expressly permitted to remain outstanding after the Closing Date pursuant to the Acquisition Agreement (as in effect on the date thereof), (iii) the Existing Notes, (iv) the Horizon Convertible Notes, (iv) working capital leases, capital leases and Indebtedness incurred in the ordinary course, (v) intercompany debt among Irish Holdco and its Subsidiaries, (vi) the New Horizon Unsecured Notes and (vii) such other existing indebtedness identified to, and expressly permitted to remain outstanding after the Closing Date by, the Lead Arrangers as “surviving debt” prior to the date hereof.

  • Refinancing Facilities (a) At any time after the Closing Date, the Borrower may obtain, from any Lender or any Additional Lender (to the extent agreed to by such Lender or Additional Lender in its sole discretion), Credit Agreement Refinancing Indebtedness in respect of all or any portion of the Term Loans, Prepetition Subsidiary Debt, Revolving Credit Loans and/or Revolving Credit Commitments then outstanding under this Agreement (which will be deemed to include any then outstanding Incremental Term Loans under any Incremental Facilities or any Incremental Revolving Credit Commitments then outstanding under this Agreement (or any Revolving Credit Loans outstanding pursuant thereto)) or any then outstanding Refinancing Term Loans or any then outstanding Refinancing Revolving Credit Loans or Refinancing Revolving Credit Commitments in the form of Refinancing Revolving Credit Loans or Refinancing Revolving Credit Commitments, respectively, in each case, pursuant to a Refinancing Amendment, together with any applicable Customary Intercreditor Agreement or other customary subordination agreement; provided, that such Credit Agreement Refinancing Indebtedness (i) will, to the extent secured, rank pari passu or junior in right of payment and of security with the other Loans and Commitments hereunder (but for the avoidance of doubt, such Credit Agreement Refinancing Indebtedness may be unsecured), (ii) will, to the extent permitted by the definition of “Credit Agreement Refinancing Indebtedness,” have such pricing, interest rate margins (including “MFN” provisions), rate floors, discounts, fees, premiums and prepayment or redemption provisions and terms as may be agreed by the Borrower and the Lenders or Additional Lenders with respect thereto, (iii) will, to the extent in the form of Refinancing Revolving Credit Loans or Refinancing Revolving Credit Commitments, participate in the payment, borrowing, participation and commitment reduction provisions herein on a pro rata basis with any then outstanding Revolving Credit Loans and Revolving Credit Commitments, except that the Borrower shall be permitted to permanently repay and terminate commitments of any such Class on a better than a pro rata basis as compared to any other Class with a later maturity date than such Class and (iv) will, to the extent in the form of Refinancing Revolving Credit Loans or Refinancing Revolving Credit Commitments and unless the Required Revolving Credit Lenders shall have consented thereto, have terms and conditions (other than interest rate margins and commitment fees) identical to those applicable to the Revolving Credit Commitments and Revolving Credit Loans being refinanced. The effectiveness of any Refinancing Amendment shall be subject to, to the extent reasonably requested by the Administrative Agent (or in the case of Revolving Credit Commitments and Revolving Credit Loans, the Revolver Agent), receipt by the Administrative Agent or Revolver Agent, as applicable, of reaffirmation agreements and board resolutions, officers’ certificates and legal opinions consistent with those delivered on the Closing Date. The Administrative Agent or Revolver Agent, as applicable, shall promptly notify each Lender as to the effectiveness of each Refinancing Amendment. Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto as Refinancing Term Loans, Refinancing Revolving Credit Loans or Refinancing Revolving Credit Loan Commitments, as applicable) and any Indebtedness being replaced or refinanced with such Credit Agreement Refinancing Indebtedness shall be deemed permanently reduced and satisfied in all respects. Any Refinancing Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, to effect the provisions of this Section. (b) This Section 2.18 shall supersede any provisions of Section 10.01 to the contrary.

  • Refinancing Debt Borrowed Money that is the result of an extension, renewal or refinancing of Debt permitted under Section 10.2.1(b), (d) or (f).

  • Bridge Financing The Company shall use its reasonable best efforts to take, or cause to be taken, all actions and do or cause to be done, and to assist and cooperate with the other parties in doing, all things necessary, proper or advisable to obtain no later than October 30, 2004 a commitment letter (the “Bridge Financing Commitment Letter”) expiring no earlier than January 30, 2005, from a reputable financial institution in substantially the same form and substance as Exhibit F attached hereto, to provide financing on terms and conditions no less favorable than those described on Exhibit F attached hereto.

  • Bank Financing The Buyer’s ability to purchase the Property is contingent upon the Buyer’s ability to obtain financing under the following conditions: (check one) ☐ - Conventional Loan ☐ - FHA Loan (Attach Required Addendums) ☐ - VA Loan (Attach Required Addendums) ☐ - Other: